Word: fernando
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Some 15 miles away, near the intersection of Coldwater Canyon and Roscoe boulevards, in the San Fernando Valley working-class section of North Hollywood, Buddhist monks pray in a Thai temple pungent with incense and dominated by a 10-ft. statue of Buddha. On weekends Thai families turn the temple's parking lot into a festival straight out of Bangkok...
...cash crunch was deliberate, the result of new President Fernando Collor de Mello's desperate all-or-nothing attempt to "obliterate" Brazil's inflation spiral, which hit a monthly rate of 73% in February. The severe clampdown, which the President unveiled just hours after his inauguration on March 15, went into full effect last week. By presidential decree, the plan freezes 80% of the country's banking and investment accounts; no one can withdraw more than $1,200 from savings for the next 18 months. And to cement his reform, Collor replaced Brazil's latest currency, the new cruzado, with...
President Fidel Castro has not visited Brazil since 1959, the year he installed himself as Cuba's supremo. So when Castro announced that he would attend last week's inauguration of Brazil's new President, Fernando Collor de Mello, authorities there were not sure what to expect: certainly a Cuban security detachment, perhaps even a few small arms...
...violent stretches of urban blight in the world. Its streets are besieged, its laws ignored, its people embattled and its children exploited. An annual inflation rate of 1,765% aggravates the huge gap between rich and poor. "Children learn to steal because they are hungry," says human rights lawyer Fernando Rodrigues. "If the problems of the distribution of wealth and the elimination of hunger are not solved, there is no way one can expect to reduce the violence in the streets...
...Mikhail Gorbachev posed for photographs with Brazilian President-elect Fernando Collor de Mello in the Kremlin last week, a Brazilian journalist called out the question on everyone's mind. Would Gorbachev confirm the report broadcast around the globe by CNN that he was planning to quit as Communist Party chief? Gorbachev listened to the translation with a puzzled look, then smiled. "Many rumors and suppositions are circulating worldwide," he said, gesticulating with his hands for emphasis. "All this is groundless. It has come into vogue in the international press to set rumor mills working as soon as we approach...