Word: brazil
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Dates: during 1960-1969
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Like the Amazonian rain forest or the skyline of São Paulo, inflation in Brazil never seems to stop growing. The cost of living last year rose 80.7% : auto prices increased 100% , drugs 78% and food 77% . Last week Brazil's prices began a new spiral that threatens to make last year's inflation appear mild...
...cruzeiros, which is $68 on the official exchange rate and about $30 in actual buying power. The workers are glad to get the cash they need to chase rising prices, but the new move adds just another episode to the nightmare that businessmen must endure to survive in Brazil. Says William Jones, general manager of Remington Rand in Brazil: "Every executive here should read Through the Looking Glass at least once each week-especially that part where Alice is told that she has to run fast just to keep in the same place...
...estimated 10,000 troops needed may come from such countries as Canada, Ireland and Sweden, with their governments footing the bill. An "advisory group," drawn possibly from Brazil, Morocco and Norway, will supervise the peacekeeping work, and a "neutral mediator," as yet unchosen, will be charged with getting the Greek and Turkish Cypriots to work out a solution within a three-month period...
After eight days on the scene in Panama, a five-nation OAS investigation team (Brazil, Costa Rica, Mexico, Paraguay, Uruguay) flew back to Washington last week, unwilling to side either with Panama or the U.S. on the Jan. 9 Canal Zone riots. Officially the investigators kept a diplomatic silence pending a formal report to the OAS Council. Unofficially they said they found no real proof of U.S. charges that Castroites had instigated the first riots - though pictures of later fighting did show Communist troublemakers in the forefront. The diplomats also concluded that U.S. troops along the Canal Zone border were...
...France. Last week, de Gaulle announced with some fanfare that Germany and France would cooperate on aid to Latin America, giving increased credence to his claim that alternatives to dependence on the United States exist. Finally, he has recognized Communist China, a step that appeals to both Mexico and Brazil. These two countries have hesitated to extend recognition, fearing U.S. reprisals. But when de Gaulle visits Brasilia and Mexico City next month, he is likely to point out that the ban on recognition has been broken, and to offer Mexico and Brazil this symbolic opportunity to assert their independence...