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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: jealous_monk who wrote (70894)	2/7/2011 7:08:57 PM
From: Hawkmoon	1 Recommendation Respond to of 217659

Let me get this straight.. We support the rise of Saddam to power so he can equip his entire army with Russian, Chinese, and French weapons?? Would love to see a version of that video with the Soviet version, starring Yevgeny Primakov.. nationalobserver.net They had a very cushy relationship as well.. Saddam had Primakov on his "payroll" too: jamestown.org[tt_news]=12805&tx_ttnews[backPid]=213 So what was that you were saying about keeping "history straight"? Respond via PM please.. No need to mess up this thread with your prattle.. Hawk

To: jealous_monk who wrote (70894)	2/8/2011 1:30:09 AM
From: elmatador	Read Replies (1) \| Respond to of 217659

US attempting to enlist Brazil in a united front against China’s allegedly undervalued currency, as Latin America’s largest economy struggles with a flood of cheap Chinese goods and a surging Brazilian real. US seeks Brazil’s support on renminbi By Joe Leahy in São Paulo Published: February 7 2011 19:30 \| Last updated: February 7 2011 19:30 The US is attempting to enlist Brazil in a united front against China’s allegedly undervalued currency, as Latin America’s largest economy struggles with a flood of cheap Chinese goods and a surging Brazilian real. Tim Geithner, US Treasury secretary, visited São Paulo and Brasília on Monday to lay the groundwork for the move ahead of a meeting of the Group of 20 nations this month and a planned visit by Barack Obama, US president, to Brazil, which is expected in March. “Brazil is seeing a surge in capital inflows,” Mr Geithner said in prepared remarks for a speech at a São Paulo business school. “These flows have been magnified by the policies of other emerging economies that are trying to sustain undervalued currencies with tightly controlled exchange rate regimes.” Any alignment with the US on the issue of China’s currency would mark a fundamental shift for Brazil. Luiz Inácio Lula da Silva, Brazil’s previous president, had pursued a trade policy that was partially dictated by his vision of a grand “south-south” alliance among developing countries. His pragmatic successor, Dilma Rousseff, is more concerned that Brazil exports primarily commodities to China while its domestic manufacturing industry is being undermined by a strong exchange rate and cheap imports. Ms Rousseff has also toned down her predecessor’s criticism of US monetary policy, which Mr Lula da Silva’s administration blamed for exacerbating global capital flows. Brazil’s currency has appreciated nearly 40 per cent against the US dollar over the past two years, making Chinese imports cheaper than domestically manufactured goods. The Chinese government has permitted only a gradual rise of its currency, the renminbi, against the dollar. One person familiar with the government’s stance said Brazil was considering a public declaration on global imbalances and China’s undervalued currency during Mr Obama’s visit. “The idea is we might issue a communiqué in which maybe we can work in common language to try to stress this matter,” the person said. “There’s no better ally for the US than Brazil,” said Mauricio Cárdenas, director of the Latin American Initiative at the Brookings Institution, a Washington-based think-tank. “Brazil is a voice that is heard on these debates. What Brazil is saying is also something that the smaller economies in Latin America have thought for some time.” In a Treasury report released last week, the Obama administration stopped short of labelling China a “currency manipulator” amid concern it could lead to trade action and hurt the already sluggish US recovery. The US is instead seeking multilateral support on the issue.