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Topic: Itamar Franco


  
  Itamar Franco - Wikipedia, the free encyclopedia
Itamar Franco was born at sea, aboard a ship traveling between Salvador and Rio de Janeiro.
Franco was mayor of Juiz de Fora from 1967 to 1971 and again from 1973 to 1974.
Franco took power as Brazil was in the midst of a severe economic crisis, with inflation reaching 1,100% in 1992 and rocketing to almost 6,000% in 1993.
en.wikipedia.org /wiki/Itamar_Franco   (436 words)

  
 Archontology.org: History of FRANCO, Itamar Augusto Cautiero: presidents, kings, prime ministers, biography, database   (Site not responding. Last check: 2007-10-21)
In 1974 Franco resigned the office of prefect to be elected (1974) a senator for Minas Gerais (served in 1975-1987).
In 1989 Franco was elected Vice President of the Republic on the ticket with Fernando Afonso Collor de Melo, leader of the National Reconstruction Party (Partido da Reconstrução Nacional, PRN).
Franco did not run for the presidency in the October 1994 elections and transferred the office to Cardoso on 1 Jan 1995.
www.archontology.org /nations/braz/braz_rep3/franco.php   (724 words)

  
 Brazil - BRAZZIL - Ex-president Itamar Franco Plays the Fool - Brazilian Politics - October 2000
Itamar Franco is governor of Minas Gerais, one of Brazil's top three states economically and politically.
Unable as Itamar Franco appears to be to see himself for what he isn't, he has used his return to the political scene as governor of his home state almost strictly to take pot shots at President Cardoso.
Franco complained loudly, described it as an invasion, and went so far as to imply there might be a clash between the army and his state troopers—an absurdity at best.
www.brazil-brasil.com /poloct00.htm   (1663 words)

  
 Itamar Franco   (Site not responding. Last check: 2007-10-21)
Itamar Franco was born on the sea in a trip from Salvador[Click link for more facts about this topic] to Rio de Janeiro Rio de Janeiro quick summary:
Franco was acting president from September 1992 until Collor's impeachment in December of that year, EHandler: no quick summary.
Franco took power as Brazil was in the midst of a severe economic crisis, EHandler: no quick summary.
www.absoluteastronomy.com /encyclopedia/i/it/itamar_franco.htm   (906 words)

  
 The History: Brazil Crisis Was Triggered by Political Feud
On one side is a spurned and humiliated former president, Itamar Franco, and on the other, Fernando Henrique Cardoso, the onetime underling to Franco who had outshone him by becoming president himself.
It was Franco, the president of Brazil in 1993 and 1994 and now the governor of Minas Gerais state, who set the Brazilian devaluation in motion by announcing last week that his state would suspend payments on its $15.4 billion debt for 90 days.
The anger that moved Franco, most analysts agree, began last spring when he tried to win the nomination of his Brazilian Democratic Movement Party, one of six partners in Cardoso's ruling coalition, to run against the president in elections scheduled for October.
www.owlnet.rice.edu /~poli354/990114_Brazil_Itamar.html   (647 words)

  
 Asia Times: Brazil: Who's crazy? (Jan. 14, 1999)
Last week, Itamar Franco, the governor of Minas Gerais, the second largest of Brazil's 26 states, announced a moratorium on the repayment of some $15 billion Minas owes to the federal government.
For the record, Franco, a fomer president of Brazil (1993/94), imposed the moratorium because, he said, the state was nearly out of funds and his choice was between paying the debt or paying state employees.
Franco's action merely put the spotlight on and triggered the blow-up of an economically and politically untenable program.
www.atimes.com /editor/AA16Ba01.html   (498 words)

  
 Index Fo-Fy
Franco was removed from the general staff and sent to an obscure command in the Canary Islands.
Franco had never forgiven Cardoso (who was finance minister at the time) for "stealing" credit for the Plano Real, the economic program that slashed inflation from 2,700% in 1993 to about 2% in 1998.
Franco sought to organize a coalition in defense of the crown, but early in 1907 business in the Cortes was brought to a standstill.
rulers.org /indexf2.html   (12475 words)

  
 Brazil - BRAZZIL - Cardoso, Messiah Despite Himself - Brazilian Presidency - August 1999
Franco informed him that in a few minutes he was going to ask finance minister Eliseu Resende for his resignation.
President Franco then came directly to the point, asking "would you agree to be Minister of Finance?" Cardoso wavered, saying he was quite satisfied in the foreign ministry, and that he thought it would be better to persuade Resende to remain, rather than upset the system with another sign of instability.
Itamar agreed to dismiss his Minister of Justice, who had displeased the generals, as a token of his repentance.
www.brazil-brasil.com /blaaug99.htm   (4201 words)

  
 Brazil - Franco's Presidency, 1992-94   (Site not responding. Last check: 2007-10-21)
Senator Itamar Franco (Liberal Party-Minas Gerais) had been chosen as Collor's running mate for three reasons: Minas Gerais had the second largest electorate; Franco had led the impeachment CPI against Sarney's alleged corruption; and Franco was the ideal anti-impeachment "insurance" because of his idiosyncratic nature.
Franco's presidential style was the opposite to that of Collor.
Franco also appointed several military officers to civilian positions in the Ministry of Transport, Federal Police, and Office of the Federal Budget Director, which had difficult problems.
countrystudies.us /brazil/97.htm   (490 words)

  
 supplement
Itamar clearly hoped the other governors would see him as vulnerable and force him to go back to the older system where the federal government picked up the states' debts and made up the difference by inflating the currency.
Itamar was demanding a meeting in which the governors would renegotiate the relationship between the states and the federal government.
Cardoso dismissed the protests led by Itamar Franco as "without consequence," and his advisors said that he was more concerned with leaving a sound economy for his successor than with enacting populist measures to help his short-term popularity.
crab.rutgers.edu /~goertzel/supplement.htm   (6886 words)

  
 CNN.com - Maverick Brazil governor tries to seize president's farm - September 14, 2000
Franco, himself a former Brazilian president, arrived in Brasilia on Thursday to meet court officials to discuss his argument that the farm, which is within his state, should be turned into public property because it has become a "national symbol" for land reform after peasants threatened to invade it this week.
Franco has long nurtured a much publicized political grudge after Cardoso staged a successful bid for the presidency against Franco in 1994, claiming credit for a new currency plan that tamed runaway inflation.
Franco responded by setting a deadline for the troops to leave, arguing that it was not the responsibility of the military to guard the farm.
archives.cnn.com /2000/WORLD/americas/09/14/brazil.franco.reut   (556 words)

  
 Personal Profiles, March-April 1993   (Site not responding. Last check: 2007-10-21)
Itamar Franco was sworn in as the president of the Federative Republic of Brazil on December 30, 1992.
Itamar Franco was born on July 28, 1931.
Franco is also an author of several books and has received several decorations and commendations.
ppm.goinfo.com /Action/PPMMain.nsf/0/fe3319a8b2491969862564e20068ae3e?OpenDocument   (2049 words)

  
 Franco, Itamar
During his first months in office he attracted widespread criticism, both from friends (for his working methods and lack of clear policies) and opponents.
Franco's greatest achievement was the introduction in 1994 of the Plano Real programme to stabilize the economy.
Replacing President Fernando Collor after his removal on charges of corruption, Franco came to the office with a clean record.
www.tiscali.co.uk /reference/encyclopaedia/hutchinson/m0041295.html   (298 words)

  
 NotiSur - Latin American Political Affairs; January 15, 1999
Franco also criticized Cardoso for ignoring Brazil's social ills and for abusing the Plan Real, introduced by then finance minister Cardoso at the end of Franco's term.
Franco's resignation made public differences within Cardoso's administration between those determined to defend the real and those pushing for a "contained" devaluation and lower interest rates.
Franco was the one who put his foot down against the floating currency." Although the devaluation could eventually help the economy by making Brazilian exports cheaper and by lowering interest rates, currency devaluations are often unpredictable.
ssdc.ucsd.edu /news/notisur/h99/notisur.19990115.html   (3607 words)

  
 References
After Collor's ignominious exit from the presidency and the emergence of his vice-president, Itamar Franco, the survival of the PND would become even more dependent upon the support of these allies and the capacity of program administrators to shift their authority to like-minded ministries and politicians.
By injecting transparency into privatization policymaking, Franco was seen as pulling the curtain on the wizards of state and financial interests that were selling the patrimony of the nation undemocratically, without the say of the people.
Similarly, the other major economic ministry during the Itamar Franco administration came to be commanded by individuals who did not embrace neoliberal ideas but agreed with BNDES officials who saw privatization as a means of improving the financial stability of both the state and privatized firms.
www.acad.carleton.edu /curricular/POSC/faculty/montero/brzlprvtz.htm   (13423 words)

  
 CNN - Old grudge fuels economic showdown in Brazil - January 8, 1999
Gov. Itamar Franco, leader of Brazil's third-wealthiest state, is challenging President Fernando Henrique Cardoso and his plan to slash a $65 billion budget deficit and shield Brazil from a financial meltdown.
Franco says the terms negotiated last year require the state of Minas Gerais to pay $67 million a month, or 11 percent to 13 percent of monthly revenue.
Franco, known for his mercurial moods, never forgave Cardoso for not sharing credit.
www.cnn.com /WORLD/americas/9901/08/PM-Brazil-EconomicFight.ap   (562 words)

  
 americas.org - Governors Rebel   (Site not responding. Last check: 2007-10-21)
Beginning with Minas Gerais Gov. Itamar Franco, seven state governors have demanded a one-year suspension of debt payments to the central government, aggravating the country’s financial crisis.
Franco, a former president, declared a 90-day payment moratorium January 6.
Although the governors’; action is unlikely to profoundly revise financial relations between the federal and state governments, the pressure and tepid support among ruling-alliance legislators for government initiatives have fueled uncertainty about the administration’s ability to fend off speculative attacks on the real and subsequent devaluations.
www.americas.org /item_11018   (484 words)

  
 Comes Naturally #21 (May 27, 1994): Bill Clinton's Underwear; Brazilian President Itamar Franco and the Lack Thereof; ...
Brazilian President Itamar Franco was publicly seduced during Carnival by Lilian Ramos, a young samba dancer and Playboy model, who was wearing a very short skirt, no bra, and very obviously, according to the press (every time she raised her arms), no panties either.
The only stir at all was not that the elderly, widowed Franco would pick up with a sexy woman half his age, but that she had the nerve to specifically take her panties off before talking her way next to the President.
And Franco's reaction to the publicity was to say, quite matter-of-factly, that the hardest thing about being President was that it inhibited his sex life, with the public watching his every move all the time.
www.sexuality.org /authors/steinberg/cn21.html   (2602 words)

  
 1992, June 3-14. 2001. The Encyclopedia of World History   (Site not responding. Last check: 2007-10-21)
Itamar Franco was sworn in as acting president.
Itamar Franco was sworn in as president immediately.
He promised to pay more attention to social problems but faced continuing economic crisis.
www.bartleby.com /67/3625.html   (102 words)

  
 Itamar Franco takes his revenge
A one-time vice-president hoisted briefly to the top in 1992, after the incumbent had been turned out for corruption, he was known to all as the mercurial man with the tousled hair and even more tousled ideas.
But the fear that his intervention might force Mr Cardoso into a run-off was enough to push the president's strategists into allowing Mr Franco an easy run instead at the governorship of a major state, Minas Gerais, his home territory.
And though other governors did not follow Mr Franco's pied-piping into debt moratorium-indeed 18 of the 27 at once rallied vociferously round the president-the mutiny in Minas Gerais still struck some resonant chords among them.
www.owlnet.rice.edu /~poli354/990116_Brazil_crisis.html   (745 words)

  
 SALINAS CANDIDACY OFFICIAL, ARGENTINA CHANGES ITS MIND   (Site not responding. Last check: 2007-10-21)
Later it became known that the consensus had been announced when Brazilian President Itamar Franco was not at the meeting.
He had left the meeting with his foreign minister and other aides because of the sudden death, after a massive coronary, of his nephew and private secretary, leaving in the meeting hall only the Brazilian ambassador to Bogota, who could not speak at that meeting.
It was now clear to Argentina, the letter said, that when the issue came up at the Ibero-American summit, the scheduled meeting between Itamar Franco and Salinas de Gortari had not taken place and that Brazil maintained the candidacy of Ricupero.
www.sunsonline.org /trade/process/towards/06220194.htm   (504 words)

  
 NotiSur - Latin American Political Affairs; January 21, 1994
Franco had previously declared that any member of his cabinet who intends to run for elected office in 1994 would have to step down by the end of December.
These two positions are temporary, as Franco has announced that both the Regional Integration and Social Welfare ministries will be eliminated by June.
Additional cabinet changes were announced on Jan. 13 when Franco appointed former Rio Grande do Sul governor Sinval Guazelli as his new Minister of Agriculture and Sen. Elcio Alvares as Minister of Industry, Commerce and Tourism.
ssdc.ucsd.edu /news/notisur/h94/notisur.19940121.html   (2879 words)

  
 Brazil Reference Information - Politics and Power - Key Players
She is a strong supporter of the economic plan, particularly increased fiscal stability, but believes that privatization proceeds should have been utilized to finance infrastructure and social development rather than pay down debt.
The current Governor of the state of Minas Gerais and a key leader of the Brazilian Democratic Movement Party (PMDB), Itamar Franco is a strong opponent of the government.
Gomes was finance minister in Itamar Franco’s government and managed to build an image of someone who sought to defend the Real Plan and a more liberal economic regime.
www.latin-focus.com /statetrust/factsheets/brazil/brafact_pol_players.htm   (433 words)

  
 Itamar Franco - Search Results - MSN Encarta
Itamar Franco - Search Results - MSN Encarta
The great hopes millions of Brazilians had for the Collor presidency soon disappeared as the economic program failed to halt extremely high inflation...
Franco, Francisco (1892-1975), Spanish military leader who rose to power during the Spanish Civil War (1936-1939) and went on to rule Spain as...
encarta.msn.com /encnet/refpages/search.aspx?q=Itamar+Franco   (108 words)

  
 The Rolls of the Senate in Liberalizing the Brazilian Economy
As it was the case of the last two economic stabilization plans under presidents Fernando Collor and Itamar Franco, respectively.
Collor II was a feeble effort by the same team to regain control of the inflationary process; its major effort was to recognize that if a tight fiscal policy were to be sustained, prices of public goods that had been held constant would have to be raised.
As result of Collor’s impeachment in September of 1992, Itamar Franco, another vice president, formally assumed the presidency.
www.gwu.edu /~ibi/minerva/Spring1999/Doris.Peixoto.html   (6412 words)

  
 Resignation leads to market jitters   (Site not responding. Last check: 2007-10-21)
Last week, Gov. Itamar Franco of Minas Gerais, Brazil's third-wealthiest state, shook those prospects by suspending debt payments to the federal government for 90 days.
Although Cardoso, who succeeded Itamar Franco as president in 1994, has an arsenal of weapons to guarantee payment, the moratorium raised doubts about whether he has the political support to pass reforms.
Gustavo Franco had defended high rates to attract foreign capital and protect reserves.
www.bouldernews.com /business/14bbraz.html   (659 words)

  
 Castro Urges Latin Economy / AP - Cuba News / Noticias - CubaNet News
Castro, who stayed on in Brazil after a two-day summit ended Tuesday between Europe, Latin America and the Caribbean, spoke in Belo Horizonte, the capital of Minas Gerais state, 210 miles northwest of Rio.
Franco, a former president, made headlines last January when he refused to honor his state's debt with the federal government, touching off a crisis that forced Brazil to devalue its currency days later.
Following his meeting with Franco, Castro made a speech before 3,000 people at the National Student Union's 46th Congress.
www.cubanet.org /CNews/y99/jul99/02e1.htm   (248 words)

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