Word: brazil
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Dates: during 1960-1969
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...regime stripped Kubitschek of his political rights for ten years, but his party was allowed to campaign, spurred on by his behind-the-scene direction from Paris. Its victory constituted an almost unbearable provocation for Brazil's military. At one point last week, army units went on combat alert across the country, and in front of the War Ministry in Brasilia appeared a quickly scrawled sign: THEY SHALL NOT RETURN...
...Congress, and whether Congress can be pressured into passing them, remains to be seen. What is clear is that Juscelino Kubitschek, the man who built the new inland capital of Brasilia and thrilled the country with a thousand other dreams, has re-emerged as the major political force in Brazil...
...Brazil contemplates the unsettling results of the gubernatorial elections just held in eleven states (see THE HEMISPHERE), another kind of vote is making its impact on the country. It is a vote of confidence in Brazil's economy, and it is being cast every week by foreign investors...
...Brazil has not nearly solved all its economic problems, but so many of them have been brought under control-inflation, an antiquated capital market, wide currency fluctuations-that money frightened off a few years back is once more flowing into the country. The flow is being hastened by Planning Minister Roberto Campos, the main architect of Brazil's economic resurgence, who likes to take potential investors out on a yacht in Rio de Janeiro Bay, when sun and sea have weakened their resistance, press upon them the advantages of investing in Brazil. It seems to work...
Israel Klabin to set up a $25 million pulp-and-paper mill in Brazil's interior...