Word: brazilianizing
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...Roberts, vice president of The American Institute and widely-known foreign trade authority, who last year completed 11 years in Brazil as a Sears of Brazil executive, as the originator of the first supermarket chain in Brazil, and finally as a consultant to U. S., foreign, and Brazilian firms, said that U. S. international businesses had invested $32 billion oversears as of last year, representing a 17.2% average increase per year. He placed the earnings from these foreign investments at $3 million, 700 million. U. S. foreign sales totaled $64 billion, with exports at $21 billion and sales...
...come. Washington's only formal announcement was a brief statement by Treasury Secretary C. Douglas Dillon noting that Brazil needs new funds for development and to consolidate its crushing debt. This week the secretary goes to Rio for a board meeting of the Inter-American Development Bank. With Brazilian planners, he will start working out the details of the aid program...
Married. Jesse Edward ("Budge") Patty, 37, expatriate, happy-go-lucky party boy of amateur tennis (he worked occasionally as a travel agent and movie bit player), winner of the 1950 Wimbledon title; and Maria Marcina Sfezzo, 29, ash-blonde daughter of a Brazilian engineering magnate; both for the first time; in Lausanne, Switzerland...
Born Free. Janio denied that he is a neutralist. Said he: "Inspired by the ideals of democracy, we are born members of the free world . . . Brazil's ideological position is Western and will not change." What he does favor, Janio emphasized, is an independent Brazilian voice in world affairs and increased friendship with Communist nations. "The East-West conflict," he said, "tends increasingly to restrict itself to ideological attitudes. We have faith in ours, and we wish no ill to people who differ...
Berle was unable to get Brazil's backing for a united Latin American front against Castro's Cuba. As the futile talk ended, Berle stuck out his hand to say goodbye. Quadros refused to shake it. Then, to the undisguised dismay of Brazilian Foreign Minister Afonso Arinos, Quadros pointedly turned his back on the special envoy of the President...