Word: paulo
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...ordinary about reports of a "White Friday" last month -except that this time the stories turned out to be true. For the first time since 1943, snow fell in the southern state of Paraná, which produces half of Brazil's coffee. In neighboring São Paulo state, frost damaged 50% to 70% of the coffee trees. The effect on prices was instant. Within a week of the frost, coffee rose from 52? to 84? per Ib. on the London commodities market, as nervous traders rushed to snap up supplies in case of a shortage...
...shock of White Friday, however, could indirectly reduce Brazil's output over the longer run. The Brazilian government is eager to see coffee planting moved northward, away from the danger of frost, so it may encourage growers in Paraná and São Paulo to switch to soybeans. But if new areas of cultivation do not open up quickly, Brazil's exportable crop, which accounted for 32% of the world coffee trade in 1974-75, could fall drastically...
...Died. Paulo Picasso, 54, only legitimate child of Pablo Picasso; of blood poisoning; in a Paris hospital. Joint heir with Picasso's widow, Jacqueline, to the artist's priceless collection of paintings, "Paulo" was unsuccessful in denying the claims of his father's three illegitimate children to a share in the estate. Young Picasso lived wanly in the massive shadow of his father, helping out occasionally as handyman and chauffeur. His own son, Pablito, died in agony three months after drinking bleaching fluid because he was barred from his grandfather's villa when the artist died...
Died. Ranieri Mazzilli, 65, Acting President of Brazil briefly during the 1960s; following surgery; in Sao Paulo. Mazzilli first occupied the presidential palace during a tense 1961 impasse (when conservative soldiers threatened to block the accession of Leftist Vice President Joào Goulart) helping to reconcile the conflict and avert civil war. He again served as President-for twelve days-following the 1964 overthrow of Goulart...
...brutal psychological wounds. Instead, trickling back a few at a time, they were met with odd looks or derisive comments. Relatively recently, the peculiar predicament of the Vietnam veteran has caught the eye of writers--in the press, in David Rabes plays Sticks and Bones and The BasicRaining of Paulo Hummel, now in Tom Cole's Medal of Honor...