Currency War of 2009–11 dollar, with Goldman Sachs saying the real is the most over valued currency in the world. In October 2010, Brazil began increasing her capital controls, doubling a tax on foreign purchases of fixed-income assets to 4 percent so as to curb the real's appreciation to a two-year. On 18 October, Brazil sought to curb the real's gains by raising taxed capital inflow on fixed-income assets by 2% to 6% and taxed inflows for margin deposits on futures to 6% from 0.38%. Chile said it would implement capital controls to curb gains in the Chilean peso, which had strengthened the most
History of the Jews in Brazil The Jewish Confederation of Brazil (CONIB) estimates that there are more than 120,000 Jews in Brazil. There have been Jews in what is now Brazil since the first Portuguese arrived in the country in 1500, notably Mestre João and Gaspar da Gama who arrived in the first ships. A number of Sephardic Jews immigrated to Brazil during its early settlements. They were known as "New Christians" ("Conversos" or "Marranos" — Jews obliged to convert to Roman Catholicism by the Portuguese crown). The Jews from Portugal avoided immigrating to Brazil, because they would also be persecuted by the Inquisition. Most of