Word: rule
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Dates: during 1960-1969
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SOUTH AMERICA'S present political plight can be summed up in one stark statistic: three out of every four of the continent's citizens now live under military regimes of one form or another. That ratio was created by the imposition two weeks ago of overt military rule in Brazil, where half the continent's 180 million people live. Yet even before that event, armed forces were in command in four other im portant countries-Argentina, Peru, Bolivia and Paraguay-which stretch from the peaks of the Andes to the desolate plains of Tierra del Fuego...
...away from overt editorial comment. Rio's Jornal do Brasil, however, printed a wry weather report that bore no relation to actual meteorological conditions. "Weather black," it said. "Temperature suffocating. The air is unbreathable. The country is being swept by a strong wind." With parliamentary democracy and the rule of law temporarily suspended once again, the wind of popular resentment may well increase in velocity. What Costa e Silva and his generals may have overlooked is that in classical drama the fifth act is also usually the last...
...television broadcasts to announce that the President had signed the Fifth Institutional Act, giving him full dictatorial powers in "defense of the necessary interests of the nation." The act, the fifth of its kind in the last four years, gave Costa e Silva the right to close Congress, rule by decree, cancel the political rights of any person, declare a state of siege, dismiss public officials, waive writs of habeas corpus, and permit the seizure of assets of those who illegally enriched themselves...
...Switzerland owes its famous banking prowess to the soundness of its currency, the secrecy of its financial men and the neutrality of its politicians. Numbered accounts were introduced in the 1930s to thwart Nazi Germany from hunting down assets hidden abroad by its citizens, mostly German Jews. As a rule, only one or two top bank officers know the identity of holders of such accounts. Under Swiss law, those who do know have a "duty to observe silence of professional secrecy." Otherwise they face a fine of up to $5,000 and six months in jail...
...mark will never be revalued while I am Chancellor." That promise, said Socialist Schiller, binds the German government only until next September's national elections. More important, he added, it applies only to an isolated German move to raise the price of the Deutsche Mark and does not rule out a general shuffle of parities among several countries...