Word: brazile
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Dates: during 1980-1989
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...broad-based prosperity. When the countries' heavy debt burdens triggered inflation and stagnation in the 1980s, most Latin American families began sliding rapidly into hardship. This year Mexico's annual inflation rate is running at 17% (down from 52% last year), Argentina's, 3,500% (up from 388%) and Brazil's, 1,600% (up from 934%). Perversely, the rich have helped perpetuate the economic malaise by such tactics as sending their money to safe havens abroad and dodging taxes that could help ease domestic deficits...
...first gained renown for his advice to Bolivia, which slashed its inflation rate from more than 20,000% in 1985 to 15% today. When Sachs visited Argentina last June, talk-show hosts rushed to schedule interviews. In a single hectic week last month, Sachs was in Peru and Brazil and then jetted to Warsaw, where he advises the new government...
...planned. In the summer, I'll go to Europe. In the winter, Argentina and Brazil. The big project will be trying to write a book about soccer in Latin America. After all, he's the one who's paying...
...George Bush prepared to attend Emperor Hirohito's funeral in February, a top aide alerted him to a problem that would once have been considered unworthy of presidential attention. Since Japanese furniture makers are eager for tropical hardwoods, officials in western Brazil hoped that Tokyo would finance the paving of a 500-mile road that would link the Amazon to a Peruvian highway, allowing lumberers to truck their timber directly to Pacific ports. But the plan, Deputy National Security Adviser Robert Gates cautioned the President, would subject the western Amazon to more of the slash-and-burn land clearing that...
...quarter-century after the bossa nova, U.S. musicians, led by the likes of David Byrne, are rediscovering Brazil's spicy mix of African rhythm and European melody...