Word: lafer
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...raising Paraguay (pop. 1,700,000). In Stroessner's capital of Asuncion, Argentine delegations promised to expedite Paraguay shipping to Argentine ports on the lower Parana River, and planned joint harnessing of a waterfall. Brazil had a military, economic and cultural cooperation drive going. Its Foreign Minister, Horacio Lafer, calls Stroessner's regime "one of peace and progress...
...same time Brazil's Foreign Minister Horacio Lafer read Roa's speech and also stiffened. Roa had called him "the run-see-and-tell" of the U.S. State Department. That night, Brazil's President Kubitschek phoned Argentina's Frondizi. Next day envoys from both nations marched stiffly into the Cuban Foreign Office with protests. Said Brazil's ambassador: "My government rejects this offense against national dignity." Said the Argentine note: "The insulting phrases set an imprudent precedent...
...government, curbs on bank credit and tax reform. The two preceding Finance Ministers also drew up disinflationary programs, but inflation kept right on. What makes Gudin's prospects sounder is that President Café Filho is backing him up. Getulio Vargas failed to back up his men, Horacio Lafer and Oswaldo Aranha. While Lafer was tightening credit, the Bank of Brazil was loosening it; while Aranha was trying to curb prices, Vargas decreed a 100% increase in minimum wages...
Brazil is half a billion dollars in the red-mainly because she cannot produce nearly enough to pay for what she needs from abroad, and lacks the investment capital to increase production. Vargas' Finance Minister Horacio Lafer has tried to balance the books by slashing imports in half-but that has not been enough. With all existing export industries except coffee too high priced to compete in the world market, the nationalists have balked at developing likely new exports with the aid of foreign capital. Items...
Five years lafer Burroughs thought he had perfected his "Arithometer." He built 50 machines, but couldn't sell them: nobody but Burroughs could make them work. After five more years Burroughs perfected his machine. But bankers were not interested. Bank clerks (who could do more than add) were cheap...