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 Defense Council (Brazil) with Council members on a regular basis. The National Defense Council is headed by the President of Brazil and composed of the following members: National Defense Council (Brazil) The National Defense Council (CDN) () is a consultative body of the President of Brazil on matters of national security, foreign policy, and defence strategy. The Council was established on 29 November 1927 by President Washington Luís. It is composed of key ministers and military commanders and chaired by the President of Brazil. The National Defense Council was established by Decree no. 17,999 of 29 November 1927, and organized by Decree no.