Word: humberto
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...might that man be? President Humberto Castello Branco insists that he will not run. There is another soldier who is almost certain to be the candidate of the government's new "Party of the Revolution." He is Gen eral Artur da Costa e Silva, 63, Brazil's War Minister and Castello Branco's strong right arm in the barracks. Two men could hardly be more different in personality. Costa e Silva is a soldier's soldier, as bluff and hearty among his officers as Castello Branco is quiet and intense. Yet they work together as closely...
...Brazilian military men who rose up 19 months ago against corruption and Communism last week rose up once again. In Brasilia's Planalto Palace, President Humberto Castello Branco marched to a microphone and made the announcement. "The revolution is alive," he said. "It will not retreat. It has promoted reforms and will continue to undertake them. However, agitators are menacing the revolutionary order precisely when the revolution is trying to give the people practice in the discipline of exercising democracy...
Brazil's doughty President Humberto Castello Branco is caught in a bind. He has promised to hold gubernatorial elections in eleven states (out of 22) in October and a presidential election next year; his revolution, he says, "is not afraid of the ballot box." But because Castello Branco has a scruple against outlawing the opposition, one of the contenders for votes will be the Brazilian Labor Party, the power behind the inflationist, leftist regime that Castello Branco overthrew last year. The President is counting on electoral courts to use the new Ineligibilities Law to keep off the ballot candidates...
...companies. Then came a sudden and dramatic change. Last week, having broken all records in July, daily trading volume advanced to 1,626,447 shares, and daily sales topped $1,000,000 for the first time in history. Main reason: a new capital-market reform bill that Brazilian President Humberto Castello Branco signed into law last month. The law sets up an equivalent of the Securities and Exchange Commission by empowering the central bank to discipline the market, allows new brokers to enter the previously closed exchange, requires firms trading on the market to publish regular and reliable financial statements...
...letter initials, provide more than enough confusion for any ordinary citizen. Effective action in Congress is chronically hobbled by interparty bickering and mercurial coalitions. "Our politics have not surpassed tribal primitivism," admits José Eduardo Kelly, a founder of U.D.N. (National Democratic Union), one of the parties in President Humberto Castello Branco's current coalition...