Word: brazil
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Dates: during 1960-1969
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Until last week, Brazil had been able to get through ten months of acute political crisis-ever since Jânio Quadros deserted the presidency-without much actual disorder. But then her luck ran out. Last week the country suffered its bloodiest outburst of violence in 27 years...
...fighting started during a 24-hour general strike called by labor leaders in support of President Joāo ("Jango'') Goulart, who for three weeks has been engaged in a bitter power struggle with Brazil's Congress. In the town of Duque de Caxias, an industrial suburb ten miles from Rio, workers milled in the streets demonstrating against shortages of rice, beans and other staples. A jittery guard fired two shots, one of them hitting a small child. The crowd turned berserk, beat the guard to death, and for two days mobs sacked the town, looting stores...
While Financial Whiz Kid Edward M. Gilbert, 38, pondered his sudden flunkout in extradition-proof Brazil, a posse of creditors tried to corral what was left of the fortune he supposedly amassed as president of the E. L. Bruce hardwood flooring firm. All they got was splinters. The Government hit him with a $3,464,472 tax lien, but there was no cash in his bank accounts. Bruce thought it had a lock on the goodies in his Fifth Avenue flat, but aside from the underwear, not much had been paid for. Most of his $524,635 art collection...
Gilbert himself was safely out of reach in Rio. Though Brazil recently signed its first extradition treaty with the U.S., the Brazilian Congress has not yet ratified...
...Soup. Most promising of the new common markets is the two-year-old Free Trade Zone of nine Latin American nations-Argentina, Brazil, Chile, Mexico, Colombia, Uruguay, Peru, Ecuador and Paraguay. Mexico's President Adolfo Lopez Mateos and Brazil's President Joao Goulart are already laying plans to freeze out all imports of autos and auto parts by arranging for each zone member to specialize in particular auto components. (In practice, U.S. and European automakers will simply make cars inside the Latin zone.) The Latin Americans have shown unexpected readiness to compromise their differences, last January agreed...