Word: brasil
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...house condemned the resolution as "American imperialism." Colombia's Congress denounced it as "openly regressive." Venezuela's ruling Democratic Action Party and Mexico's Popular Socialist Party complained about it. Newspapers of almost every persuasion, from Cuba's Communist dailies to the conservative Jornal do Brasil, blasted...
...enterprises as the Volta Redonda steelworks, whose prices soared 148% last year. Though businessmen yelped when Campos raised taxes and suggested that they trim profit margins, they lined up to take the price pledge with a minimum of arm twisting. Says Max Pearce, the boss of Willys-Overland do Brasil: "Who can take the risk of not signing up?" New applications are pouring in so fast that CONEP has had to set up six branch offices around the country...
...which came at a moment when U.S. imperialism was wildly extending its aggression in Viet Nam, threw further light on its hideous feature as the international gendarme." The U.S. Communist Party called it a return to "gunboat diplomacy." In Rio de Janeiro, the newspaper Jornal do Brasil said that Johnson's moves "represent the death certificate of the present structure of the inter-American system." But few responsible voices in the U.S. joined the criticism...
...Technical Cooperation Department, has set Sudene a private investment goal of $55 million for 1965-and he is well on his way. Around Recife, where new skyscrapers jostle ancient slums, Italy's Pirelli plans to build a big, new electric-cable factory, and Willys-Overland do Brasil is busy on the Northeast's first auto-assembly plant. In seven of the states, work is under way on 1,000 miles of new roads that will help nordestinos bring in the goods they need and get their own products out to a larger market. Fifty-seven cities and towns...
...also complaining-about rising prices and higher taxes. Meantime, the fight against inflation has so reduced the supply of money and credit that a recession has hit many industries. Some 50,000 workers have been laid off in the Sao Paulo area alone this year. Willys-Overland do Brasil shut down production, has inventory enough to last six months without making another Aero-Willys...