Word: brazil
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...merited the State Department's Distinguished Service Award for helping defeat the Communists in the critical 1948 elections (partially by dramatizing U.S. aid). As Ambassador to Spain (1953-55), he helped develop the new U.S. policy of good relations with Franco. Moving on to booming Brazil in February 1955, he concentrated on touring remote jungles and backwaters by jeep, plane and dugout canoe, impressed Brazilians by his outspoken sympathy and support. "I wish I were younger," he would say of Brazil. "I would like to see this country 40 years from...
Kubitschek's battle against inflation is still too recent to have achieved reportable results; the bulk of his speech dealt with development of resources. The President had bright news of Brazil's petroleum industry. In 1955, he recalled, the country produced 2,000,000 barrels of oil, enough for only ten days' use. This year the Bahia oilfields will pump out more than 5,500,000 barrels, enough to supply the country for a month (at the present rate of consumption). Next year production of 15 million barrels is expected. And, he announced, new exchange rates...
...tire plant at Havana, Cuba, to be ready by 1957; plus more millions to expand existing plants in eight nations (England, South Africa, New Zealand, Canada, Switzerland, Spain, Argentina, Brazil); a big share of the $12 million cost of a new synthetic rubber plant which it will operate in Great Britain with other companies...
...free market has wiped out an earlier, limited trading in scarce "tourist dollars" at more than 600. The peso's comeback, plus last year's inflation (now checked), has pushed the price of a bottle of gran vino, for example, from 25? to $1 for dollar earners. Brazil's cruzeiro has been slipping steadily on the limited free market, but local price inflation has kept step, and only the country's famed gem stones are real bargains. In Peru, too, local prices have mostly caught up with the 1949 devaluation, but $60 to $80 a month...
...Goularts move on to Kansas City, Detroit and New York (with a stopover in Canada). But with a more relaxed schedule, Goulart, who is also president of the Brazilian Labor Party, will have more time for what he calls his principal job: strengthening relations between the workers of Brazil and the workers...