Word: brazilian
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Last week a Brazilian air force lieutenant named Luiz Felipe Albuquerque Jr., 30, also found out. Having lifted some $35 million from Brazilians in a fantastic borrow-from-Peter-to-pay-Paul scheme (and thereby out-Ponziing Ponzi, whose operations never topped $15 million), Albuquerque found that he had gone broke. On the front page of his newspaper Diario do Rio, he printed a shattering notice: "On this date, for unforeseen reasons I am closing my commercial activities . . . Those who intuitively saw that my business would fail were right . . . I shall not run away . . . My creditors will be paid . . . Remain...
...four taxi planes, launched a trucking business and bought a partnership in an established car-selling agency. Hourly his 22 messengers dashed out to pay off felipetas. Albuquerque declared that his greatest desire was "to put a copy of the New Testament in the hand and heart of every Brazilian...
...helicopter came of age in 1950 in the Korean war. On awkward, whirring wings, from Korean battlefields to Brazilian jungles, it has fluttered to the rescue of grounded airmen. It has ferried passengers and cargo to remote landings that were unreachable by conventional, straight-wing planes. Last week the helicopter added new range to its versatility. In a 3,400-mile hop, skip & jump, a pair of Sikorsky H19 helicopters landed in Prestwick, Scotland, after a leisurely 16-day flight from Westover Field, Mass. For the first time, rotary-wing aircraft had spanned the Atlantic...
...Brazilian Communists hate the most is Carlos Lacerda, hard-driving editor of Rio's Tribuna da Imprensa, who has crusaded against the Red menace in Brazil since his days as a bright young columnist. Last week Lacerda was on another anti-Red crusade. Day after day he front-paged photostated evidence-letters, government records, police reports-that Brazil's foreign ministry is infested with Communists...
Burdens & Hopes. In the frank exchanges over the ceremonial demitasses of rich, black Brazilian coffee, much of the past uneasiness evaporated. Though the moderate newspaper Tribuna da Imprensa continued to caution against "the lack of continuity of the Good Neighbor policy," many Brazilian leaders were impressed by the weight of the problems U.S. foreign policy must face. Acheson, for his part, was impressed by Brazil. "Here is hope," he said. "I return to the U.S. with a lift of spirit which I have not had since I became Secretary of State...