Basic income in Brazil 25%. Quatinga Velho is a Brazilian village in the Quatinga district of the Mogi das Cruzes municipality, which is becoming well-known because of the basic income-project which is taking place there. The project started 2008 and is organized by the non-profit organization ReCivitas. The funding has so far been based entirely on private donations. In June 2011 83 people in the village got 30 Brazilian reals per person and month. The organization hopes that all people in the village will eventually get the basic income, and also that similar projects will get going in other villages in and outside Brazil.
Currency War of 2009–11 ever. In May, Alan Beatie for the "Financial Times" suggested that the Currency War was not over, it had merely entered a lull, with the underlying tensions still unresolved. In July 2011, Guido Mantega told the "Financial Times" that the struggle between China and the US was still ongoing, suggesting that several emerging economies including Brazil were still experiencing undesirable upwards pressure on their exchange rates. As investor confidence in the global economic outlook fell in early August, Bloomberg suggested the currency war had entered a new phase. This followed renewed talk of a possible third round of quantitative easing