Word: jo
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Dates: during 1980-1989
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...problems are compounded by the government's efforts to slow inflation, currently running at an annual rate of about 150%. In return for roughly $850 million in loans from the IMF and commercial banks, the administration of President João Figueiredo is pledging to trim inflation to 55% next year and cut to zero the rate of growth of its budget deficit, which last year totaled an estimated $50 billion...
...area that generates roughly 18% of Brazil's gross national product. Said one pilot after a rescue mission: "The region is one immense lake with little islands where there used to be cities." With damages so far estimated at $1.5 billion, the military government of President João Figueiredo set up a calamity fund for flood victims...
...industrial nations are asking the developing countries to slow growth in order to control their economies so that they can pay back part of their huge debts. But the Brazilians are increasingly unwilling to accept those conditions. Says João Camilo Pena, Minister of Industry and Commerce: "If the IMF gives the same medicine to all debtor nations, they will all perish from the cure." As last week's strikes and protests dramatically demonstrate, solutions to the debt dilemma that require stern sacrifices could be a formula for political chaos...
...brand of eager and enterprising informality was well suited to his birthplace. He not only silenced his detractors but also charmed an impressive number of high-level Brazilians, all in fluent Portuguese. Sometimes driving out to the country in his pickup for drinks with Brazil's President João Baptista Figueiredo, he was instrumental in arranging state visits between Figueiredo and Reagan...
...from the opposing corner, Dartmouth Coach Jo Ann Harper--who expressed disappointment in the Crimson's 14-goal margin of victory--found solace in the fact that her squad's defeat came at the hands of such a strong Harvard team. "Harvard is excellent," she said. "They can compete with any body in the nation. We have nothing to be disappointed about...