Word: celso
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...Meanwhile, the arrests and imprisonments by the new government continued with a grim purpose that sent shivers up many Brazilian spines. No one knew how many people were locked up in jail. But the total of those stripped of their political rights climbed to 167, among them Celso Furtado, 43, the leftist but non-Communist boss of the successful development program in Brazil's impoverished Northeast...
Tackling the mess headon, Dantas, Goulart and Economic Planner Celso Furtado (architect of the ambitious development plan for Brazil's blighted northeast elbow) ended costly subsidies on imports of wheat and petroleum, even though high-test gasoline prices immediately doubled. They raised the fare on Rio commuter trains from 3 mills to 1½?. They limited bank credit, froze steel prices at the government-owned Volta Redonda plant, and persuaded auto, truck and clothing manufacturers to hold the price line. Goulart, who rose to power as labor's pal, even promised a group of industrialists that he would...
Goulart's three-year economic program was drafted by Celso Furtado. 42, the economist responsible for creating an admirable development plan for the blighted, Communist-target states of the northeastern Atlantic bulge. Furtado projects a 7% annual rise in Brazil's gross national product. If all goes well, manufacturing is to grow by 11.2% annually, transport facilities by 8.8%, agricultural production by 5.7%. The program will require a $4 billion investment between now and 1965, of which private industry is expected to put up two-thirds, the government one-third...
...fight Juliâo and his Peasant Leagues, President Quadros is backing a man and a plan. Last week Quadros sent the man to Washington to seek help. Celso Furtado, 40, felt immediately at home with President Kennedy's frontiersmen. Slim and intense, Furtado is himself a northeasterner who got through economics courses at Cambridge and the Sorbonne on saved-up soldier's pay and a literary prize. He worked nine years for the United Nations' Economic Commission for Latin America laying out development plans for Mexico and Venezuela, made a study of the Brazilian economy, finally...
...able to do things better with our own hands." With these nationalistic words, Brazilian Financier Celso Rocha Miranda, 43, took control of Panair do Brasil away from Pan American World Airways. Though Pan Am retained its 30% holdings in Panair, Miranda bought up the other 70%, mostly from Panair's Brazilian directors, for an estimated $5,000,000. A self-made millionaire-he is Brazil's biggest insurance broker-elegant Celso Rocha Miranda has ordered eight French Caravelle medium-range jets to put his new enterprise on a competitive footing with rival Brazilian airlines Varig and Real...