Word: braziller
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Dates: during 1980-1989
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...negotiations, conducted in extraordinary secrecy, lasted four years. Though the agreement is a small step forward in stemming nuclear proliferation, it has not been endorsed by several countries that already produce missiles capable of carrying nukes, notably the Soviet Union, China and probably India and Brazil...
Also high on last week's agenda was the international debt problem, which heated up last February when Brazil suspended payments on its $68 billion worth of foreign bank loans. Brazilian Finance Minister Dilson Funaro was at the meeting, trying to win support for new credit to his country. He warned that debtor nations were on a "very short lifeline" and "being pushed to the end of their payment capacity." But Funaro received little encouragement from the G-7 representatives, who maintain that Brazil must reform its economy and curb its rampaging 600% inflation rate...
...Brazilian posture was outlined by Finance Minister Dilson Funaro in a speech he gave last week before the ruling Brazilian Democratic Movement Party. Funaro repeated his vow to withhold interest payments until a debt- restructuring agreement is worked out. Any pact, he said, must involve a reduction in Brazil's interest obligations. Such a decline is necessary, Funaro argued, in order for the Brazilian economy to expand...
...meetings will probably drag on for months. American bankers have shown they are able to back up tough talk with firm action. Brazil, for its part, gives no sign of softening its aggressive posture. One side -- or both -- will have to give a lot of ground...
...politics -- this is what we are." In answer to another question, he described the country's system of government as "currently dictatorial." Indeed, activist Chilean Catholic bishops and priests, along with a coalition of centrist and leftist political parties, want Chile to follow the examples of Argentina, Bolivia, Brazil, Ecuador, Peru and Uruguay, whose military governments have given way to civilian rule since...