Brazilian President Dilma Rousseff said Wednesday that the international financial crisis was not caused by money shortage, but by improper political decisions. "The crisis is definitely not a result of money shortage. They all have money. It is a result of political decisions which were not taken in a definitive manner," she said.The president said the U.S. debt crisis was a result of irresolute decisions caused by political struggle between the Democrats and the Republicans, which she was was "too destructive." Rousseff believes that in Brazil, the government and the opposition share a more mature partnership."Here we don't see practices that we see in some countries, including some of the world's leading countries, in which the opposition and the government don't pay attention to the nation's best interests but create a never-ending political struggle," she said. The president also praised the decision by Mercosur (the Common Market of the South) to raise tariffs on 100 imported products, saying the measure, announced on Tuesday, will help counter unfair competitions and protectionism.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor