Search Details

Word: torgbraz (lookup in dictionary) (lookup stats)
Dates: all
Sort By: most recent first (reverse)


Usage:

...Brazil a small, hitherto unknown company named Torgbraz came to the fore as the Soviet Union's trading arm. Run by a retired Brazilian colonel and a "refugee" from Russia, Torgbraz (Trade-Brazil) offered to supply Petrobras, the state oil monopoly, with crude oil, drilling and refinery equipment on either "short-or long-term payment." (At present Petrobras gets equipment from U.S. companies on strictly businesslike terms...

Author: /time Magazine | Title: THE AMERICAS: The Friendly Russians | 1/6/1958 | See Source »

...offers, suspiciously similar, were aimed at a big target: a country with 100,000 Communist Party members and enough party-liners to swing a tight election. They were shrewdly directed at sensitive areas such as Petrobras, of which the public is fiercely proud. Publicly, Petrobras was cool to the Torgbraz offers, but privately it awaited a top governmental decision. Congressional and army opinion was building up for a resumption of both trade and diplomatic relations with Russia...

Author: /time Magazine | Title: THE AMERICAS: The Friendly Russians | 1/6/1958 | See Source »

| 1 |