Brazil’s Lula on Leaving IMF: ‘We Can Walk on Our Own’

Commenting on Brazil’s government decision not to renew the Stand-By Arrangement with the International Monetary Fund (IMF), President Luiz Inácio Lula da Silva said that Brazil has conquered the right to “walk on its own.”

Tags:

Ads

You May Also Like

For Brazil It’s Better to Have Venezuela’s Chavez Inside than on the Loose

Mercosur is suffering a "serious institutional problem" because there hasn’t been effective understanding between ...

Brazil’s Has World’s Most Expensive Currency, 149% Overvalued, Says The Economist

The Brazilian real is the world’s most expensive currency and is 149% overvalued against ...

Daniella Perez’s show is ready to start

Nearly four years after a crime that made worldwide headlines only one thing is ...

Brazil Gave Away World’s Second Largest Mining Complex. The People Want it Back

In a plebiscite organized by 200 social organizations from Brazil, almost four million people ...

Brazil to Make Record 2.2 Million Cars in 2004

Brazil’s vhicle production rose 5.8% in November, when 201,340 units rolled off the assembly ...

Sun Brings Its Sun Tech Days to Brazil

California-based Sun Microsystems, Inc., the creator and leading advocate of Java technology, yesterday announced ...

Brazil Lays Out US$ 35 Million for a Bioenergy Disneyland

Biofuels and oil. These are the main topics of the visit of Russian president ...

Frank Sinatra and Tom Jobim

Brazilian Sound: Sinatra-Jobim Encounter Resisted These 40 Years

The story of this album is the thing of legend, whether it is true ...

Brazil to Slow Growth Pace Now

Brazilian markets rose, as investors reacted positively to an in-line interest rate hike in ...

Brazil's executive Legacy jet with damaged wing

Brazil Boeing Tragedy: US Pilots Blamed by Colleagues for Series of Blunders

The day after Brazilian most-read daily Folha de S. Paulo published a transcript of ...