Word: brazile
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Dates: during 1980-1989
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...inflation rate and to attack the $66 billion national debt, the plan will freeze prices, abolish automatic wage hikes and devalue the Brazilian cruzado by 16.4% in relation to the dollar. The government will close six out of 27 ministries, and promises to fire 60,000 employees. Brazil is temporarily suspending any further debt-for- equity swaps with foreign banks and refuses to rule out a new moratorium on payments toward its $115 billion foreign debt...
...controls must still be approved by the Brazilian Congress. Meanwhile, Brazil is seeking a "bridge loan" from the U.S. for $3.5 billion...
...Pope named an equally unpopular conservative as Archbishop of Cologne, West Germany, Europe's richest diocese. In January 1988 the Pontiff shocked the Irish clergy by picking a conservative metaphysician as Dublin's Archbishop. A few months before that, he had installed a longtime Vatican official as Primate of Brazil, where many bishops condone the leftist liberation theology that vexes the Vatican...
...officials insist the ban is nothing more than a regulation designed to protect the public health. They see the law as nondiscriminatory, since all nations exporting meat to Europe must meet the same requirement. Such major beef exporters as Argentina, Australia, Brazil and New Zealand have agreed to ship only hormone-free meat to the Community, even though they may agree with the U.S. that the restriction is too broad...
Mendes' death brought to 93 the number of people killed in land disputes this year in Brazil. Human-rights groups claim that gunmen hired by local landowners are to blame. Many victims, including lawyers, priests and union leaders like Mendes, had been resisting efforts by some landowners to turn large tracts of jungle into profitable grazing land...