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ft.com - 5/18/2009

FT.com / Americas - Brazil and China eye plan to axe dollar

— ft.com — Brazil and China will work towards using their own currencies in trade transactions rather than the US... dollar, according to Brazil’s central bank and aides to Luiz Inácio Lula da Silva, Brazil’s president. The move follows recent Chinese challenges to ... (more) FT.com / Americas - Brazil and China eye plan to axe dollar

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Bailout Plan

Comments vote downundo vote up Democratic Underground Latest Breaking News found this 5/18/2009found this

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newsfromrussia.com - 5/22/2009

China and Brazil try to flee from the US dollar - Pravda.Ru

— newsfromrussia.com — Marc Chandler Brazil's state visit to China has set the chins wagging. Will an agreement be struck... to invoice their bilateral trade in their own currencies rather than the dollar ? Brazilian President Lula had made some allusions to this last month ... (more) China and Brazil try to flee from the US dollar - Pravda.Ru

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Brazil

Comments vote downundo vote up Gateway Pundit found this 5/22/2009found this

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faustasblog.com - 5/26/2009

Brazil arrests high ranking al-Qaeda spy

— faustasblog.com — Brazil arrests high ranking Qaeda operative Brazil’s federal police have arrested a high-ranking al Qaeda operative in... Sao Paulo and are keeping him under tight security, a local newspaper reported on Tuesday. The suspect is allegedly a chief of international communications for al ... (more) Brazil arrests high ranking al-Qaeda spy

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al-Qaeda

Comments vote downundo vote up Fausta posted 5/26/2009posted this

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Some Big News on Chinese Aircraft Carriers
Lawyers, Guns and Money — Feng at ID highlights two new bits of data on China's aircraft carrier program. The first is that the Chinese have carried out significant work on the ex-Varyag, the Kuznetsov class carrier that they purchased several years ago and that has been the source of constant speculation on Chinese intentions. The second, and much more interesting, is that the PLAN has apparently arranged to begin training its carrier pilots on board the Sao Paulo, Brazil's full deck aircraft carrier. Aircraft carriers represent a huge investment of time and effort. Apart from the carrier itself and the aircraft, a navy needs to assemble a battlegroup capable of protecting the carrier, ...

Interlinked power
Newshoggers.com — ... Brazilian trade minister, said total trade between Brazil and China had amounted to $3.2bn (£2.14bn) in April, representing a near twelve-fold increase since 2001. The sum was greater than the $2.8 billion of imports and exports to the US and represented the second consecutive month that China had topped the trade table. Currently the bulk of Brazilian exports is made up of soya beans, for Chinese tofu, iron ore, cellulose and fuel... Via Information Dissemination: I think the important part is that Jobim is ...