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 Brazil national football team South Korea and Japan. This happened despite a rather shaky qualifying tournament, which saw the national team drop to its lowest-ever FIFA ranking and only secure automatic qualification in the final round of group matches, largely because Paraguay and Uruguay both failed to win their own final matches. The groupings appeared at first glance to favour Brazil; their adversaries would be Turkey, China PR and Costa Rica. In the end, a stronger-than-expected Turkey finished the tournament in third place. Brazil went on to beat all three opponents, scoring 11 goals and conceding only three, and topping the group. In Brazil's