Word: branco
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...Brazil, but it is lucky even to be alive. Brazil's military men believe that they saved it in the nick of time in 1964 when they toppled leftist President Joao Goulart, who seemed to be moving toward a Communist-type dictatorship, and installed Army General Humberto Castello Branco as President. Elected to succeed Castello Branco by a Congress subservient to the military and controlled by the government's ARENA Party, Costa e Silva has promised to humanize the revolution launched by his austere and humorless predecessor-but he has also made it clear that he intends...
Costa's biggest problem is the economy. On top of last year's 41% rise, the cost of living has shot up another 7.3% in the first two months of this year, making Brazil little more than one huge, hectic lottery. Just before leaving office, Castello Branco devalued the currency and issued a new cruzeiro worth 1,000 of the old ones. Even so, people still deal in hundreds of cruzeiros for the most simple needs. To beat Brazil's inflation, whose inexorable rise is caused by overloaded budgets and overworked money presses, many Brazilians rush...
Root of Humanism. Far more substantial differences showed up in Costa's new program, which he announced to the country. Castello Branco ran Brazil with graphs, charts and a cold eye for results; Costa hopes to "humanize" the revolution that first put the military into power in 1964. "Social humanism," Costa told Brazilians last week, "will be the most profound root of my government." Gently divorcing himself from the harsh economic and social controls that made Castello Branco un popular, Costa promised more homes, hospitals, schools and "comforts" for the poor, and a broad program of public works...
That did not mean that he was abandoning Castello Branco's war against inflation. "But the government," he said, "will do all it can to balance the control of inflation with national development...
...execute his command, Costa passed over all of Castello Branco's old ministers and picked a new set of faces and personalities for his Cabinet-some of whom had voiced opposition to Castello Branco. In as Foreign Minister came Banker Jose Magalhaes Pinto, who had called Castello Branco's government reactionary. As his Minister of Planning, Costa picked Economist Helio Beltrao, who feels that Castello Branco's stiff austerity policies should be relaxed...