Word: bresser
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Third World countries, government officials were loath to criticize Citicorp's new hard-nosed policy. Brazil's Finance Minister, Luiz Carlos Bresser Pereira, said he saw the bank's move as a prudent shoring up of its foundations. Said a top Argentine official: "It's the first sign that U.S. ^ banks are prepared to share the burden of the debt crisis." Other foreign moneymen welcomed Citicorp's action because it might mean that all U.S. banks will start treating Third World debt under the same terms as Japanese, West German and Swiss banks, which have already established substantial loss reserves...
...contentious Brazilian Finance Minister had hoped to pressure foreign banks into drastic concessions on the country's $108 billion in debts. But last week Funaro, who proved unable to rein in Brazil's runaway economy, was dumped by President Jose Sarney in favor of the more pragmatic Luiz Carlos Bresser Pereira, 52, an economist and businessman. Bresser Pereira promptly devalued Brazil's currency 8.5% against the U.S. dollar in an effort to boost export income, which should improve the country's ability to pay its debts...
...Butterfield. Umpire--A. R. Donovan. Lineman--A. F. Noble. Field judge--G. V. Brown. Time--10-minute quarters. HARVARD 1920 ANDOVER Whitney, Coolidge, l.e. r.e., Warner Cheney, McKittrick, l.t. r.t., Lamberton, Dresser Thorndike, l.g. r.g., Herr Caswell, Aspinwall, c. c., Talmage Brocker, r.g. l.g., W. Russell Hadley, r.t. l.t., Bresser, Munder, Boltwood Livingston, Litchfield, r.e. l.e., Hill Geary, Johnson, q.b. q.b., Warren, Davis Post, Lancaster, r.h.b. l.h.b., Stover Church, Weden, l.h.b. r.h.b., Crane Horween, Blanchard, Well, f.b. f.b., Flynn, Larkin
| 1 |