Word: chiles
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Dates: during 1950-1959
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...drive for a Latin American common market, spurred by the recent Buenos Aires economic conference (TIME, Sept. 16), last week got its first results. In Santiago, Brazilian Foreign Minister José Carlos de Macedo Scares capped a cordial, busy five-day visit by approving a joint Brazil-Chile commission to establish South America's first common market between the two countries. A practical basis for the reciprocal market already exists: Brazil buys Chile's nitrates and Chile needs Brazil's coffee and cocoa. The committee starts work in 60 days on a draft treaty. Said Chile...
...Chile's epidemic of Asian influenza last week raised its death toll to almost one for each thousand stricken. On one day alone, some 200 deaths were reported. Funeral homes sold out their coffins, and queues waited in cemeteries with their dead while laborers dug graves. Total deaths by week's end: 600. out of 700,000 cases-a bleak preview of what may happen in the U.S. when the disease arrives this fall (TIME...
...dollar down to 95? worth of a March 1956 dollar, 50? worth of a pre-World War II dollar. Down, too, during the past 16 months were the currencies of Britain, Italy, Sweden, Belgium, Australia and Japan (about 5%), India (10%), Spain (11%), Argentina (16%), Brazil (27%) and Chile...
Most of the cost of Chile's austerity has been taken out of the pay envelopes of labor, already hard pressed by heavy taxes and a decline in real wages. In April a rise in bus fares provoked rioting that killed 22 people. A fortnight ago, when President Ibanez moved to slash government expenses by reducing the subsidies that held down the price of sugar and tea, the government accompanied the order with special instructions to the police on how to quell any rioting that might follow: sound a bugle three times at two-minute intervals, then break...
...Bayer plants during the war and was picked by the British at war's end to direct the combine of Farben plants that now make up Bayer, the company is rapidly moving into foreign markets. Burgeoning Bayer has recently opened plants in Argentina, Brazil and Chile; it is building another in Mexico and, together with Farbwerke Hoechst, will add still another in Pakistan. In the U.S. it owns a 50-50 interest, with Monsanto Chemical Co., in West Virginia's Mobay Chemical Co. (polyurethane plastics), and a 50% interest with Pittsburgh Coke & Chemical Co. in Manhattan...