Word: brazil
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Dates: during 1950-1959
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Just by arriving when he did, U.S. Secretary of State John Foster Dulles made one of the most important points of his two-day trip to Brazil last week. It was his first visit to South America in two years-and he made it with U.S. troops standing ready in Lebanon and debate on the Middle East situation about to begin in the U.N. Said Rio's Diario Carioca: "By his very presence here at this time, Senhor Dulles proves false the idea that the U.S. neglects Latin America...
Milton had hardly returned before Secretary of State John Foster Dulles flew to Rio de Janeiro for a two-day visit in Brazil this week. Topic A with Brazilian President Juscelino Kubitschek will be the high-level meeting of American nations Kubitschek suggested after U.S. Vice President Nixon was stoned and spat on in Lima and Caracas last May. At first Kubitschek suggested a hemispheric summit conference, but after Dulles rejected the notion of a ''meeting on a get-together basis of heads of government," the Brazilian President agreed that no more time should be wasted in talking...
...companies (TIME, Aug. 4) last week forced Brazilians to take a hard look at their own government oil monopoly, Petrobras. President Juscelino Kubitschek called the Argentine contracts "fabulous." Then he added pointedly: "Petrobras will be maintained, but any program to increase oil production well be wea received in Brazil...
...free salary of $100,000, plus the promise of a free hand. He has put together 15 crack geologic field parties, ten gravimeter and 15 seismographic crews, 36 wildcat rigs. But so far he has not found a single economically operable well outside of Bahia, despite the fact that Brazil has some 1,350,000 sq. mi. of potential sedimentary deposits. The big snags are a mile of solid rock beneath the surface in potential oil lands and, above the surface, miles of red tape...
...here until you get going." When he was hired, he told Petrobrás brass: "I'm a capitalist and a strict believer in private enterprise. But leave me alone and I'll do the job." Link still feels that private foreign oil companies are needed in Brazil. "The more people you have looking for oil the better," he says...