Word: brazil
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Dates: during 1960-1969
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...down among Brazilians, Coffee beans grow by the billions So they've got to find those extra cups to fill They've got an awful lot of coffee in Brazil...
They sure do. Piled in warehouses throughout Brazil are 52 million bags of coffee-nearly enough to meet world demand for a full year. Trouble is, 40-odd other countries are also growing-and stockpiling-coffee. Last week, faced with yet another surplus crop year, representatives of 67 nations, including all the major coffee producers and consumers, met at the U.N. in an effort to restore order to the glutted world coffee market...
...last Brochado da Rocha found 13 "nonpolitical" ministers acceptable to everyone. The two strongest members of a lackluster Cabinet: Foreign Minister Afonso Arinos, who held the same post under Janio Quadros, and Walther Moreira Salle, Brazil's leading banker, who holds over as Finance Minister...
President Kennedy, who was scheduled to visit Brazil at the end of the month, with Wife Jackie, found diplomatic reasons to postpone his trip until November. Perhaps by then, if the plebiscite comes off, Brazil will be back to a workable presidential system, and more at peace...
Seldom has a company boasted so many suitors in such quick succession as Celotex Corp., a Chicago manufacturer of building supplies. It was his ardent pursuit of Celotex that brought about the downfall of the "boy wonder" financier, Eddy Gilbert (TIME, June 22). No sooner had Gilbert fled to Brazil than a New York building materials firm named the Ruberoid Co. decided to make a try for Celotex. It offered to buy 350,000 Celotex shares at $25 apiece-which was 8¾ above Celotex's lowest price after the Blue Monday skid but 17⅜ below...