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Three military policemen were arrested for the shootings as Brazilians sought to address, once again, the escalating cycle of vigilantism. President Itamar Franco said he felt the murders "like a punch in the face," and protesters marched through Rio carrying banners that read STREET KIDS ARE OUR KIDS...

Author: /time Magazine | Title: Rio's Dead End Kids | 8/9/1993 | See Source »

STANDARD ECONOMIC PRINCIPLES RARELY APPLY IN Brazil. But one law has stood the test of time: the length of a Finance Minister's tenure is inversely proportional to the rate of inflation. With prices rising 28% a month, President Itamar Franco put Finance Minister Paulo Haddad on the firing line, berating him and criticizing his policies in public. Haddad, who had barely 10 weeks to settle into the job, resigned and was replaced by former Transport Minister Eliseu Resende. He is the third Finance Minister since Franco took office five months ago and Brazil's ninth in the past eight...

Author: /time Magazine | Title: Brazil's Finance Ministry: Who's Next! | 3/15/1993 | See Source »

...order to show his own honesty in contrast to Collor's, the new President, Itamar Franco, presented a list of all his personal assets to the president of Congress before taking office...

Author: /time Magazine | Title: Collor Out, Franco In | 1/11/1993 | See Source »

...possible exception to this is a potential Israel-Syria peace. Though it's probably not in the best interests of everyone, it is still possible that Syrian President Assad will make a separate deal with Prime Minister Rabin. Itamar Rabinovich, the chief negotiator for Israel (with Syria) since Labor won last June, has done an excellent job in moving the Israel-Syria talks forward...

Author: By Dan E. Markel, | Title: An Open Letter to Bill Clinton | 11/13/1992 | See Source »

...impeachment vote in the Chamber of Deputies was a lopsided 441 to 38. Collor is suspended for up to six months, during which the Senate will try him on charges of corruption. Vice President Itamar Franco, a longtime Senator, became Acting President. Collor did not appear publicly after the vote, but Justice Minister Celio Borja said the President took the news "with great dignity." He said Collor does not plan to step down permanently unless the Senate finds him guilty, an outcome most political leaders now think is inevitable. In fact, Collor's trials may not end in the Senate...

Author: /time Magazine | Title: It's Official: The System Works | 10/12/1992 | See Source »

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