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
Flag of Brazil and Tocantins), totalling 27 stars in its current version. The Portuguese territories in the Americas, corresponding roughly to what is now Brazil, never had their own official flag, since Portuguese tradition encouraged hoisting the flag of the Kingdom of Portugal in all territories of the Portuguese Crown. The first Brazilian vexillological symbols were private maritime flags used by Portuguese merchant ships that sailed to Brazil. A flag with green and white stripes was used until 1692. The green and white colors represented the House of Braganza and the national colours of Portugal. In 1692, that flag was no longer used