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...agitators have so far largely eluded the government's troops, they have at the same time failed to provoke a popular uprising among the masses. Few of the Indians have fallen for the line. Those who have joined up have responded to a more down-to-earth approach: payment of 1,000 soles, or $37, which in the highlands of Peru is more money than an Indian ordinarily expects to see in a year...

Author: /time Magazine | Title: Peru: Escalation in the Highlands | 8/27/1965 | See Source »

...country's economic growth over the last five years. When the Castello Branco regime began putting the brakes on inflation a year ago, Brazilians discovered just how precarious much of that growth had been. Since the downhold began, several hard-pressed companies have moved to delay payment of or renege on their outstanding debts on the parallel market, leaving thousands of investors holding $37 million in unredeemed notes. By now schooled in scandal, Brazilian investors have pulled out of the parallel market in great numbers, resumed investing heavily in stocks. The Big Bust. The biggest scandal of the parallel...

Author: /time Magazine | Title: Brazil: Out of Chaos, Order | 8/20/1965 | See Source »

...renewal plan. The bill would require the BRA to change its renewal scheme from one of demolition and new construction to one of rehabilitation of existing structures. It would also stop the BRA from demolishing any more buildings or evicting any more residents for any reason except the non-payment of rent...

Author: By A. DOUGLAS Matthews, | Title: Renewal Fight May Stir Mass. Politics | 8/16/1965 | See Source »

...rank and file to settle peaceably. Under an interim agreement, management has been putting in escrow 11.50 an hour for every steelworker since May 1, and once the contract is signed, each worker will collect about $80-enough to buy a portable TV set or put a down payment on a used car. Abel himself is eager to make a statesmanlike impression in his first real test since wresting the presidency from Dave McDonald, knows that a reasonably sweet settlement would enhance his reputation far more than a disruptive strike. The union realizes that if a strike comes, the companies...

Author: /time Magazine | Title: Steel: Glower & Glow in Pittsburgh | 8/6/1965 | See Source »

...sleazy motel room-a touch of aberration that is clue to a conventional surprise ending. In the last episode, Modern People, directed with rich detail and folksy color by Mario Monicelli (Big Deal on Madonna Street), a cheese dealer (Ugo Tognazzi) offers his wife to a creditor in payment of his gambling losses, only to learn the high cost of cuckoldry...

Author: /time Magazine | Title: Cinema: Shaking the Bedclothes | 7/23/1965 | See Source »

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