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 2010, Russian Finance Minister Alexei Kudrin said it was too early too make "a decision regarding currency exchange rates. Such measures aren’t yet sufficiently formulated." He also stated other BRIC countries support Russia in opposing any US push to limit the ability of governments to control their currencies. India has largely taken a neutral position on the currency war, advocating a balanced solution with give and take by both China and the US, though along with Brazil she has been one of the few emerging economies to occasionally criticise China's holding down of the Yuan. Prime Minister Manmohan Singh suggested