Currency War of 2009–11 US, and Financial Times journalists have suggested that if China returned to a fixed peg against the dollar this could re-ignite the Currency War, especially if the move coincided with the US presidential election campaign. Also in March 2012, Brazil's president Rousseff said her country was still experiencing undesirable upwards pressure on her currency, with her Finance Minister Guido Mantega saying Brazil will no longer "play the fool" and allow others to get away with competitive devaluation, announcing new measures aimed at limiting further appreciation for the Real. In June 2012, the "Financial Times" reported that while international trade remained
History of Brazil a Catholic country?" General: from 1930 to 1985 it was under populist military government History of Brazil The history of Brazil starts with indigenous people in Brazil. Europeans arrived in Brazil at the opening of the 16th century. The first European to colonize what is now the Federation Republic of Brazil on the continent of South America was Pedro Álvares Cabral (c.1467/1468-c.1520) on April 22, 1500 under the sponsorship of the Kingdom of Portugal. From the 16th to the early 19th century, Brazil was a colony and a part of the Portuguese Empire. The country expanded south along the coast