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
National Observatory (Brazil) National Observatory (Brazil) The National Observatory (Portuguese: "Observatório Nacional" or "ON")) is an institution localized in Rio de Janeiro, Brazil. Founded by Pedro I on October 15, 1827, it is one of the oldest scientific institutions in the country. Its initial purpose was to guide the geographic studies of Brazil and teaching navigation. The institute is responsible for the Brazilian Official Time and performs various researches and studies in Astronomy, Astrophysics and Geophysics. It offers post-graduate courses leading masters and doctorate degree. There has been astronomical observation in Brazil since the colonial times. According to Father Serafim Leite, the Jesuits