Word: rios
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Teodoro Moscoso, the Puerto Rican who bosses President Kennedy's Alliance for Progress, flew south to Brazil three weeks ago in search of a little progress. By the time he reached Natal, capital of the drought-plagued Brazilian state of Rio Grande do Norte, Moscoso had made up his mind on one thing: Brazil needed help in a hurry and its national government was so bogged down in political crisis that state and regional agencies were his best bet. Last week, after a conference with Rio Grande do Norte Governor Aluizio Alves, Moscoso signed an agreement promising an immediate...
...another; and to judge by their falling currency, both Brazil and Argentina are in an economic mess. The headlines are true and the financial crisis is real, but people long inured to trouble develop their own saving methods of endurance, apathy or escapism. Citizens of Buenos Aires and Rio de Janeiro went about their affairs with a benumbed kind of ordinariness last week. Argentines flocked to the horse races at Palermo Hippodrome; Brazilians poured into Maracana Stadium for a futebol match. While they played, or worked at their jobs, the political disputation went...
...economic objectives, to the detriment of business activity and employment." Most businessmen recognized that to ram through reform, Kennedy would have to have benefits to confer to make up for the reductions in tax write-offs and tightening of tax loopholes. Drawled R. P. Baxter, president of the Rio Grande National Life Insurance Co.: "I think President Kennedy wants to hold Out so he'll be in a better position to bargain when the full tax revision bill comes around next year. And, man, do we need that!" If there is now some heightened recognition of the urgent need...
Bugs & Mice. In 1595 the Viceroy of New Spain (Mexico) granted a wealthy mining man named Don Juan de Oñate the right to found, at his own expense, a colony on the upper Rio Grande in what is now New Mexico. Oñate set out for his new domain leading an army of 400 Spanish settlers and soldiers, 83 wagons and carts, 7,000 head of livestock, eight priests and a poet named Villagrá, who wrote a flowery epic about the expedition. Leaving the wagon train near the site of modern El Paso, Don Juan...
Goulart's conservative opposition had already rejected his first choice for a Prime Minister, and Goulart himself had fallen out with his second. His third choice was hardly reassuring, Francisco de Paula Brochado da Rocha, 51, comes from Goulart's home state of Rio Grande do Sul and is an aide and confidant to Leonel Brizola, the state's rabble-rousing, far-left governor. Brochado da Rocha himself was a key man in the expropriation last February of Rio Grande's $7,000,000 U.S.-owned International Telephone & Telegraph Corp. subsidiary. Still, sensing the public unrest...