Word: brazilianizing
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Such mass whimsy, of course, might augur poorly for the future of the shaky democracy in Brazil. The victory of the rhinoceros "represents a phenomenon of the greatest sociological importance," one Brazilian sociologist said. "We are on the threshold of revolt." One hopes that if revolt does come, it will continue in as good humored a fashion...
Small World (CBS, 6-6:30 p.m.) Edward R. Murrow checks in from his leave of absence long enough to arrange an intercontinental chat between U.S. Poet Robert Frost, British ex-M.P. and Humorist A. P. Herbert, Brazilian Poetess and New York Consul General Senhora Dora Vasconcellos. Subject: Should man quit throwing objects at the moon, and leave it to poets and lovers...
Behind the lower U.S. price of a can of drip grind or a jar of instant lies a revolutionary new Brazilian coffee policy. For years Brazil operated as though it grew all the coffee in the world, refused to sell for less than its own pegged price, watched its markets and export income dwindle. Last year Brazil pulled out the peg, let prices seek their level, began selling hard. By August, coffee sales were setting records, and by last week the first two major effects could be plainly measured...
Brazil's President Juscelino Kubitschek found the second major effect of the new coffee policy in the latest Brazilian foreign trade figures. Last year Brazil's balance of payments deficit was $307 million; this year the experts figured the deficit would be closer to $400 million. But the booming coffee sales are bringing unexpected millions, and last week, by conservative reckoning, the 1959 deficit promised to be $200 million or less; Kubitschek & Co. even talk of a surplus. Turned down three months ago when he applied for approval from the International Monetary Fund for a $300 million bailout...
Brazil's booming industrial center of Sâo Paulo (pop. 3,650,000) likes to boast of itself as the locomotive that pulls all the other Brazilian states. Ten years ago Industrialist Francisco ("Cicillo") Matarazzo Sobrinho* decided it was high time Sâo Paulo got up enough steam to become a center of the arts as well. Stoked by Matarazzo's enthusiasm and backing, the city fathers and state officials financed a multimillion-dollar series of exhibition halls in the city's suburbs, organized a biennial show of international art designed to rival Venice's. Last week Sâo Paulo...