Word: braziller
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Dates: during 1980-1989
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Though stunned, Chen was getting used to large phone bills. A month earlier the Cabot House resident received a 20-page listing of $5000 worth of calls to Brazil...
...loss was the largest ever suffered by a U.S. financial institution. But the victim was not a big-city bank with billions of dollars on loan to Mexico and Brazil. Instead, it was the Farm Credit System, a farmer-owned cooperative of 37 banks and 522 credit associations that makes agricultural loans. The F.C.S.'s 1985 deficit of $2.7 billion, reported last week, far surpassed the record $1.08 billion loss suffered by Continental Illinois bank...
...THIS BOOK that leaves no foothold for the reader, there does remain something outside and parallel to the story--the author's native country, Brazil. The repressive police, poverty, unemployment and brutally manipulative government are not merely the imaginative creations of Ivan Angelo...
...negotiation is not the only approach to the Nicaraguan situation. The Contadora group--Mexico, Colombia, Panama, and Venezuela--has recently resurfaced after a period of inactivity to offer a plausible alternative to this brutal approach. Ministers from the four Contadora nations met last month with officials from Brazil, Argentina, Peru, and Uruguay to issue a joint statement calling for a negotiated settlement to the Nicaraguan...
...total debt U.S. agricultural debt has piled up to $214 billion, more than the combined foreign debt of Mexico, Argentina, and Brazil, she says, arguing that "It is sad that we can let these countries off the hook" while the government sends foreclosure notices to American farms. Kelley, who proposes a three-year moratorium on farm foreclosures, says that next month the government will send out 65,000 foreclosure notices...