Word: brazil
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Dates: during 1950-1959
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After President Juscelino Kubitschek made José Maria Alkmim his Finance Minister 28 months ago, Brazil's economic position steadily slipped. The cruzeiro free rate dropped from 70 to 147 to the dollar. A 14 million-bag mountain of surplus coffee piled up, and so did the balance of payments deficit. The U.S. promised help -provided something was done about the fiscal chaos. Last week Kubitschek replaced Alkmim with Lucas Lopes, a brilliant engineer who masterminded Kubitschek's ambitious development plan...
...tense hush settled over the crowd that crammed Stockholm's Rasunda stadium. Out on the bright green turf of the soccer field, Brazil was dribbling to the attack. As they played their way toward the payoff rounds of the World Cup championship, the light-foot Latins had generated an awesome amount of ballyhoo. Now, in the semifinal game against France, Sweden's capital was getting its first chance to see just how good the Brazilian booters really were...
...Brazil's outside right, Manoel ("Garrincha") dos Santos, nudged the ball delicately. A French defender charged. Casually, Garrincha faked his man out of his shoes and set up a neat play in front of the French goal. Then Garrincha took a return pass and booted away at the corner of the goal. He missed by inches, but the crowd settled back with a satisfied sigh. The final score (Brazil 5, France 2) was a foregone conclusion. Brazil's soft, pinpoint passes, incredibly skilled dribbling and booming scoring shots added up to the finest play yet seen...
...third course, if a hundred men crisscrossing the Lebanese mountains in white jeeps should not hold back Nasser's ambitions, would be to create a U.N. force with troops from such middle-size powers as India, Brazil, Norway, large enough to seal off Lebanon's borders. Nasser has been happy enough to accept just such a U.N. Emergency Force to seal his Palestine frontier since the Israeli withdrawal of 1957. Such U.N. assistance might stabilize the little country long enough for the rebels to stop fighting, for Chamoun to serve out his lawful term...
...major radio and TV speech, Brazil's President Juscelino Kubitschek last week called for a "meeting on the highest political level"-a hemisphere summit talk-to solve Latin America's "disease of underdevelopment." He dubbed the task of developing Latin America "Operation Pan American," and in effect appealed for a Marshall Plan...