Word: brazil
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Dates: during 1950-1959
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...TRADERS are busy signing deals with Latin America. Argentina will get heavy industrial equipment from Hungary, Czechoslovakia and Rumania, paying off satellites' debts for earlier imports of Argentine beef and hides. Brazil is considering $400 million Soviet trade agreement that could ease Brazil's coffee surplus...
...Paulo, Brazil...
...Brazil's Getulio Vargas, a dictator for 15 years, was forced out by the army in 1945, made a comeback as an elected President in 1950, but proved such a failure without dictatorial powers that he got a military ultimatum to step down in August 1954. Instead, aged 71, he put a bullet through his heart...
...with a comfortable and obvious opening to offer oil-development loans and drilling rigs that the state monopolies now get, for-cash, from the U.S. Soviet government officials and South American Communist leaders met in Moscow in November and plotted a new Russian attempt at trade penetration, starting in Brazil. Nikita Khrushchev himself offered oil-drilling equipment to Brazil...
...expropriate' U.S.-owned oil companies all over the world. "I am convinced of the advantages of free, competitive enterprise in the oil business," explains a high presidential adviser. "But when my judgment is asked in Washington, I shall say that I believe we could make loans to Brazil and Argentina in such a way as to help them out." The probable way: general loans to governments that would allow them to divert other funds to the state oil companies...