Word: brazil
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Dates: during 1960-1969
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Aside from the Quadros upset, it was pretty much politics as before in Brazil. With few exceptions, the reigning parties -ex-President Juscelino Kubitschek's free-spending Social Democrats and President Joao Goulart's leftist-nationalist Laborites-hung on to their powerful blocs in the country's fractured Congress, and that suggested that Brazil is in for more and worse trouble. So loud was the squabbling in the outback capital of Brasilia in the last session that Congress proved itself incapable of passing legislation aimed at solving Brazil's desperate economic and social problems. It rarely...
...biggest name in Brazil's midterm state and congressional elections last week got the biggest comeuppance. Janio Quadros, 45, elected mayor of Sao Paulo city in 1953, governor of Sao Paulo state in 1954 and President of Brazil by a record margin in 1960, was running for office for the first time since he abdicated the presidency in August 1961. He chose his old stamping ground, Sao Paulo, and his old job, governor. Totting up the official returns takes weeks in Brazil, but all indications are that Quadros suffered a humiliating defeat. With 86% of the ballots counted...
Will Latin American nations support the U.S. in firm, direct action against Communist Cuba? Two positions taken last week by the two most populous countries suggested a clear answer: No. Brazil's Prime Minister Hermes Lima told a delegation of Castroites in Rio that Brazil will never support punitive measures against Cuba simply because it has a different regime from other American countries. Mexican President Adolfo Lopez Mateos told a press conference that he did not consider "Cuban subversion" a threat, and that action would be warranted only if another nation were the victim of an ''unprovoked...
...increased currency in circulation is not matched by an equivalent increase in goods for sale. Thus prices climb higher, and the cost of living rises far faster than the world average. In the past five years, the cost of living jumped 212% in Argentina, 158% in Bolivia. 146% in Brazil, 111% in Chile, 133% in Uruguay...
...with an assembly line turning out 6,000 cars a month, Pearce bustles with plans to step up his sales. Willys' present 285 dealerships in Brazil will be doubled within two years; remote agencies will receive new cars by air. Willys also plans to establish 500 emergency repair shops around the country, train mechanics to man them, and-provide spare parts. Eventually Pearce hopes to export from Brazil to other Latin American nations. In time, Willys do Brasil and its American cousin may even meet head on in a battle for export markets. Edgar Kaiser already foresees the possibility...