Brazil's Lula travels to China and calls to end US dollar dominance (tags)
“Why can’t a bank like that of the BRICS have a currency to finance trade relations between Brazil and China, between Brazil and other countries?" he continued. "It’s difficult because we are unaccustomed [to the idea]. Everyone depends on just one currency".
Brazil’s 2010 Elections, Part 2: Dilma Rousseff (tags)
"If elected, Dilma would likely carry on many of the same policies that Lula has advanced. This means a strong role in the economy for state companies and the continued development of Brazil’s social programs. Dilma would also be likely to maintain Lula’s foreign policy strategy of creating alliances with other developing nations, especially China, India, and Russia, as well as the friendly outreach to bordering countries that has made Brazil the leading nation in South America. Dilma, like Lula, would probably be generally friendly towards the US and the rest of the first world, but she would probably also be unafraid to take an independent stance on many key issues. Brazil’s continued opposition to US plans for renewed sanctions against Iran is an example of the type of independent stance that Dilma would likely continue. She is also likely to continue Brazil’s push for a permanent seat on the UN Security Council."