Word: paulo
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Latin Americans have long complained that the Alliance for Progress is less an alliance than a series of bilateral aid agreements between the U.S. and 19 hemisphere nations. The U.S. now agrees, and at an Alianza meeting in Sao Paulo last November, an eight-man inter-American executive committee was set up to act as a clearinghouse between the U.S. and its Alianza partners. Last week in Washington, the Inter-American Economic and Social Council of the OAS chose Carlos Sanz de Santamaria, 58, Colombia's Finance Minister, to boss the committee...
...midst of its sixth Cabinet crisis in 18 months-and President Joao Goulart was engaged in another of those nimble political maneuvers by which he solves nothing but somehow survives. Out as Finance Minister went Carlos Alberto Alves Carvalho Pinto, 53, the able onetime governor of Sao Paulo state, who resigned in anger after six hopeless months of struggle against Brazil's wild inflation (about 85% in 1963), its fleeing capital and its immense foreign debt. In to cope with the same problems came Ney Galvao, 60, a smalltime provincial banker whose only previous claim to fame...
...always had an affinity for mystics. In these troubled days for Brazil of squabbling politicians, wild inflation and widespread cynicism, there is a longing for someone to save the country, and this longing makes Zarur a possible candidate for the 1965 presidential elections. A recent poll in Sao Paulo and Rio gave Zarur 6% of the vote and fourth place among presidential candidates-trailing only ex-President Juscelino Kubitschek, Governors Carlos Lacerda of Guanabara State and Adhemar de Barros of Sao Paulo State. Even before the poll, claim Zarur's lieutenants, Kubitschek offered him second place on the Kubitschek...
...Milan of Italy-and all Brazil braced for the familiar frenzy. Work came to a standstill; every radio and TV set was tuned to the broadcast. In Brasilia President Joao Goulart canceled all appointments and camped by his radio; congressional committees recessed; Alliance for Progress meetings in Sao Paulo were scheduled around game time. And in Rio 150,000 passionate souls, every man jack of them willing to part with his last cruzeiro, squeezed into Maracana Stadium for the games. Games? It was more like a Latin American madness...
When the second annual meeting to review the Alliance for Progress convened in Sao Paulo last week, Brazilian President Joao Goulart sharply criticized United States efforts to aid Latin America. The Alliance is ineffective, he argued, because it is improperly managed; in other words, the United States Agency for International Development mishandles the billion dollars a year that the Alliance funnels into Latin America. He called for the establishment of an inter-American fund bank to replace the Alliance. This bank would be financed largely by the United States, but its direction would be entirely Latin. "Today, and each...