Brazil: Headway at Last

"Things are looking better," said a Rio banker. "Things are looking better," agreed an important army colonel. "Things are looking better," chimed in a wealthy ore exporter. It might not show everywhere — inflation pushed ahead 86.6% in 1964 —but a mood of optimism was spreading across Brazil.

Of course, summer has arrived, and carnival could not be far behind, a carnival that in this, Rio de Janeiro's 400th anniversary year, promises to be a bash of sensational proportions. But that is not it. Brazilians have suddenly realized that the revolutionary government is getting somewhere. After...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!