Wednesday 5 January 2011

Brazil pledges to stop US 'melting the dollar'

Telegraph
"We're not going to allow our American friends to melt the dollar," said Mr Mantega, who views the US government's move to pump $600bn (£387bn) into its economy as an unfair attempt to help exports

"There are infinite measures that we can take. One of them is to manage the entry of speculative capital in the short-term."

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