Word: brazilianizing
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...operations in Brazil; of a heart attack; in Rio de Janeiro. Outspoken, scrupulously honest Politico Bernardes was exiled and later pardoned by President Getulio Vargas for his part in the unsuccessful São Paulo revolt in 1932, in later years was widely hailed as the elder statesman of Brazilian nationalism and as a major influence behind the 1953 petroleum bill, which closed Brazil's oil resources to foreign companies...
...welcoming foreign oil capital, Brazil has barred it with nationalistic laws. The government oil monopoly, Petrobras, can legally hire the services of foreign experts and drilling companies, but it cannot grant concessions or sell shares to foreigners. Because of this self-inflicted shortage of capital and know-how, the Brazilian search for oil has been painfully slow. Last week's strike, made with the help of a Texas drilling firm hired by Petrobras, eased the pain. By itself the well is only a drop in the barrel of Brazil's oil needs. But it lies in a vast...
Inspecting imported wheat last week, the manager of a Brazilian flour mill caught a glint of metal, plucked out the hammer-and-sickle button of a Russian army uniform. How the button got mixed with the grain, no one knew, but it provided a brassy accent for a plain fact: Latin American trade with Iron Curtain countries is rising. Items...
...Prince Michael, who twice reigned as King of Rumania. Carol himself tired of Helen and took up with a Rumanian officer's wife named Elena ("Magda") Lupescu. Carol was banished, returned to rule for ten years, and was banished a final time. In 1947 Carol married Lupescu in Brazilian exile, at the side of what he imagined was her deathbed, only to have Magda recover after the ceremony. Meanwhile, in Paris and in other continental haunts familiar to the semi-destitute outcasts of royalty, forgotten Zizi Lambrino reared her son Mircea and dreamed of the day when he might...
COFFEE PRICES will come down for U.S. consumers as a result of Brazil's devaluation of its coffee dollar. To boost lagging coffee exports, Brazil has cut the dollar-cruzeiro exchange rate to exporters 15%, thus chopping the minimum export rate for Brazilian coffee from...