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
Brazil national basketball team Brazil national basketball team The Brazil national basketball team is governed by the Brazilian Basketball Confederation (), abbreviated as CBB.<br> They have been a member of the International Federation of Basketball (FIBA) since 1935. Brazil's basketball team remains among the most successful in the Americas. It is the only team besides the United States that has appeared at every Basketball World Cup since it was first held in 1950. Basketball was initially introduced to Brazil by Professor Augusto Shaw in 1896. In 1912, he began organizing the first state tournament and in 1922 the first national team made its debut