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...formal letter to U.S. Aid Chief David Bell, Dantas listed eleven separate steps that his government will take to curb the ruinous inflation that has lowered the value of Brazil's cruzeiro by 78% in the past five years alone. Among them: tighter controls on government spending in order to cut Brazil's treasury deficit, less new currency to be printed, some much-needed overhauling of money-losing state-owned enterprises, a serious attempt at tax reform and improved tax collection, curbs on coffee overproduction, expansion of other exports (iron ore, meat, manufactures), encouragement of private investment from...

Author: /time Magazine | Title: Brazil: Help on an If Basis | 4/5/1963 | See Source »

...were asking for it. One of them, typically, made passionate love to various broad-royals until an angry count cut the blackguard's heart out, had it roasted and served to his unfaithful countess. Others sang such outrageous satires against the papacy that they helped provoke the ruinous Albigensian Crusade. Small wonder they died out. During the two centuries in which they flourished, there were about 400 of these minstrels. Today there is roughly...

Author: /time Magazine | Title: Troubadours: One-Man Peace Corps | 2/8/1963 | See Source »

...innumerable rumors, opinions and theories on Adlai Stevenson's role in the recent Cuban crisis and his career prospects. Yet several well-defined issues emerge from this melee: freedom of Presidential advisers from disclosure and misrepresentation of their advice, the responsibility of the President towards those advisers, and the ruinous irresponsibility of reporters Alsop and Bartlett...

Author: NO WRITER ATTRIBUTED | Title: Leaksmanship | 12/13/1962 | See Source »

...vote for any specific philosophy or program labeled "Gaullism." Beyond the President's call to "national ambition, strength, influence," the party has no clear long-term goals-until De Gaulle himself proclaims them. De Gaulle's France has made impressive progress nonetheless. It has ended the ruinous Algerian war-though France is still pouring $2,000,000 a day into its former colony's economy and is spending even more for defense than it did at the height of war. France's 13 black African colonies have achieved orderly independence; all but Guinea still enjoy fruitful...

Author: /time Magazine | Title: France: A Vocation for Grandeur | 12/7/1962 | See Source »

...because they were too beautiful for earth, they had no feet and so must fly steadily until the moment of their deaths. The birds-which, among other things, represent the hollow, doomed magnificence of British India-are the kind of florid symbol delighted in by artful writers but often ruinous to a novel; the reader is so taken with the symbolic whipped cream on top that he leaves the nourishing narrative jello beneath untasted. Skillfully, Author Scott mixes the two richly and inextricably together...

Author: /time Magazine | Title: Books: Passage from India | 9/7/1962 | See Source »

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