Word: goulart
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Although the Brazilian economy has shown a marked improvement over the last several months, President Joao Goulart is "too much an opportunist to continue this necessary but unpopular economic planning," Thomas Skidmore, research fellow in Latin American Studies, said Tuesday...
...elections he won more votes for the vice-presidency than Juscelino Kubitschek won for the presidency (Brazilians vote separately for President and Vice President). Once again Goulart was given control of the crowd-pleasing ministries-Labor and Agriculture. In the 1960 election campaign, arguing for the nationalization of power companies, foreign banks and meat-packing houses, he won the vice-presidency for a second time...
...Must Help." Goulart's leftist labor allies still attack foreign businessmen, and Brazil's government still pursues its let's-be-nice-to-Communism foreign policy. Only a month ago. President Kennedy sent his brother Bobby to Brasilia to tell Goulart in no uncertain terms that the U.S. could not forever continue to support a nation seemingly unable to help itself out of political and economic chaos. The message seems to have gone home. In economics, at least, Goulart talks like a man trying to control Brazil's reckless course...
...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...
...must help us, in its own interests," Goulart says. "Brazil isn't Cuba, but if it ever became another Cuba, it would be a more dangerous one." The point is well understood in Washington. Heartened by Goulart's new signs of responding seriously to his country's problems, the U.S. announced an emergency $30 million credit to tide Brazil over the first three months...