Word: braziller
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Dates: during 1990-1999
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Panel members Fabio Feldmann, a member of Brazil's Congress, Claudine Schneider, former member of Congress from Rhode Island and Maurice Strong, secretary-general for the 1992 U.N. Conference on Environmentalism and Development, spoke and answered questions about the future of the environment for more than one hour...
...about the contents of his arsenal by avoiding one-stop shopping. The Scud missiles fired against Israel and Saudi Arabia, for instance, were bought from the Soviet Union but were upgraded with equipment and expertise purchased from other nations. France provided guidance systems, Germany and Italy improved propulsion, and Brazil assembled the parts. Iraq's underground aircraft shelters were also hybrid creations. According to European press reports, Belgians designed the shelters, Swiss provided air-filtration units, Italians blastproof doors, and Britons and Germans the electrical power generators...
Plagued by hyperinflation, Argentina and Brazil, South America's two largest economies, last week entered different forms of shock treatment to slow runaway wage and price increases. Brazil announced a hold on wage increases until July and an indefinite freeze on prices. Economy Minister Zelia Cardoso de Mello also disclosed plans to dismantle much of the country's elaborate system of indexation, which has been used since the 1960s to offset the effects of inflation. Among the system's inflation-fueling features scheduled to be phased out: so-called overnight bank accounts that pay interest to depositors...
...Domingo Cavallo, appeared to restore investor confidence. By week's end the austral had been stabilized -- at a value of roughly 36% less against the dollar than a week earlier -- and investment funds rose 40%. But inflation remains such an endemic problem for the economies of both Argentina and Brazil that the prospect of last week's actions leading to real progress remained doubtful at best...
...Henrique Mafra Caldeira de Andrada, head of the Protestant program at Rio's Institute of Religious Studies, thinks Catholic advocates of the social gospel failed to realize that "these people were hungry for more than just food. The Evangelicals met the peoples' emotional and spiritual needs better." Or, as Brazil's top Baptist, the Rev. Nilson Fanini, puts the paradox, "The Catholic Church opted for the poor, but the poor opted for the Evangelicals." As in Guatemala last week, the effects of that choice will continue to be felt...