Word: brazil
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Dates: during 1990-1999
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...interagency group of regulators instructed the banks to write off an additional 20% of $2.9 billion in loans made to Argentina and 20% of $11 billion loaned to Brazil. The announcement was unexpected, since both countries have recently achieved some economic gains. Although Brazil has been delinquent on its long-term debt, President Fernando Collor de Mello has launched promising economic reforms since taking office in March. Argentina last month began paying some interest after a two-year halt...
Thought to be indestructible after 34 years in power, this senior Western dictator was ousted by his longtime second-in-command, General Andres Rodriguez. The general now lives on a hilltop in friendly Brazil, though his wife moved to Miami without...
...period of strict economic austerity, gangs of kidnapers are bidding to become Brazil's richest citizens. More than two dozen people, mostly businessmen, have been abducted and held for ransom in Rio de Janeiro so far this year. Last week brought the third in six days...
Instead, DiCenso said he sees Italy, andperhaps Brazil, emerging as top contenders for the1994 Cup. Brazil will be out for revenge, DiCensosaid, after suffering a humiliating defeat at thehands of Argentina this year...
Meantime, Italia '90 continues the trend toward World Cup extravagance. Thanks to global television hookups, the games have become elaborate public relations displays, and Italy has already spent some $4 billion to improve its video profile. Traditional powers, including Brazil and West Germany, will probably dominate the fields. Italy's Azzurri, which boasts a muscular sophistication, has every intention of using home-field advantage to make Italy the first nation to win a fourth Cup. Holland's Edward Sturing and Argentina's Diego Maradona, perhaps the world's best player, figure to shine brightly among the game's top stars...