Basic income around the world of President Luiz Inácio Lula da Silva's social policy, and is reputed to have played a role in his victory in the Brazilian presidential election, 2006. An independent and privately funded pilot project is currently in place in Brazil in Quatinga Velho The project started 2008 and is organized by the non-profit organization ReCivitas. It provides R$30 monthly which is 4.4% of the minimum salary in 2013 (as defined by the federal government) and is not enough to meet basic needs. "The real value of R$30,00 Basic Income at Quatinga Velho, just is sufficient to help people satisfy the most
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