Word: figueiredo
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...charge of managing the crisis is Planning Minister Antonio Delfim Netto, 52, the country's most powerful official, after President Joáo Baptista de Figueiredo. A cherubic, Chicago-trained economist, Delfim held the post of Finance Minister during Brazil's prosperous early '70s. He is convinced that the country can solve its problems only by aggressive growth, especially in exports, agriculture and the creation of new energy sources. Thus he is pressing ahead with development projects like the $10 billion Itaipu Dam, the world's largest hydroelectric project. As Delfim explained to TIME Buenos Aires...
Delfim is fostering a revival of Brazilian agriculture through an incentive system that will grant credits and guarantee floor prices to farmers. On the petroleum front, President Figueiredo and Delfim are wooing Venezuela, Mexico and Iraq in hopes of securing assured supplies...
...journey with an exhausting itinerary that took the Pope all over Brazil, the world's largest Roman Catholic nation. The papal plane touched down at Brasilia, the futuristic capital of Brazil, where the Pope marked out one of his major themes by offering President Joao Baptista de Oliveira Figueiredo a sermon on social justice. The tour's pitch rose in Belo Horizonte, the nation's third largest city. Youths cheered wildly and chanted, "The Pope is our king!" John Paul spoke movingly to them of life under the Nazis, when, he said, "I saw my convictions trampled...
Speaking to President Figueiredo and others at a Brasilia reception. John Paul listed "seven rights" that instantly became a declaration for activists: "The right to life, to security, to work, to a home, to health, to education, to religious expression. " In the slums of Rio he called out to the rich: "Look around a bit. Does it not wound your heart? Do you not feel remorse of conscience because of your riches and abundance?" He urged economic reorganization and a "more just distribution" of wealth. In a land where the church once preached passivity and fatalism, he urged the poor...
...Baptista Figueiredo, hippophile President of Brazil, on the oil crisis: "The only solution is to tighten belts, walk and keep a horse in your corral...