Word: galvao
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...Alves Carvalho Pinto, 53, the able onetime governor of Sao Paulo state, who resigned in anger after six hopeless months of struggle against Brazil's wild inflation (about 85% in 1963), its fleeing capital and its immense foreign debt. In to cope with the same problems came Ney Galvao, 60, a smalltime provincial banker whose only previous claim to fame was as a Goulart-appointed head of the Bank of Brazil...
Debts to Pay. Is Goulart's crony Galvao just an interlude before worse comes? The U.S. hopes not. Of Brazil's $3.8 billion foreign debt, $1.6 billion falls due between now and 1965, with the U.S. Government and private creditors holding the bulk of it. Brizola has been crying for an outright moratorium on repayment. But President Johnson wrote Goulart a personal letter offering to help Brazil reschedule its debt payments. "The U.S. Government," said Johnson, "stands ready to participate in negotiations for this purpose." Still, the Brazilians gave little sign that they had much present intention...
Even so, Galvâo's Anti-Totalitarian Front took the regime by surprise. Six of his agents hijacked a Portuguese airliner as it approached Lisbon from Casablanca, dumped thousands of anti-Salazar leaflets over the capital, then flew to Tangier. Had Galvao actually landed last week, he might have met little effective opposition. So suspicious of everyone is Salazar that his soldiers were issued machine guns without bolts and rifles without bullets; fighter planes were grounded with empty gas tanks. But the real threat to the regime came from what, in the world's most durable dictatorship...
...last month the noise started all over again: Catholics, Liberals, and Socialists joined in a bizarre opposition coalition. Last week, frustrated, divided, and harrassed, some 58 candidates withdrew their names. A former associate of the opposition, Henrique Galvao, was more successful. He established himself again as the most extraordinary adventurer of the times by organizing from his headquarters in Morocco the hijacking of a Portuguese airliner to drop boycott appeals all over the countryside...
Galvão ordered the Santa Maria to change course and turn east toward St. Lucia, one of Britain's Windward Islands. At 10 a.m. Galvao summoned the passengers to the tapestried first-class lounge, where the seizure was explained in Portuguese and Spanish, with an English resumé added for the benefit of 38 U.S. tourists...