England’s bid to host the World Cup in 2018 has been boosted by Brazil’s president offering his support ahead of a crucial week of campaigning.
Luiz Inacio Lula da Silva, whose country will stage the 2014 World Cup, believes England deserves to stage the tournament again after having not staged football’s biggest event since 1966.
“Now is the time for the U.K. to host a FIFA cup again,” Silva said Sunday on Britain’s Channel Four News. “England will always have the competence and will always be a country that will have a great force, great strength to win bid for the FIFA cup.” (more…)
Central bank President Henrique Meirelles
The president of Brazil’s Central Bank (BC), Henrique Meirelles, said this Friday, November 27, that the moratorium announced by the government of Dubai for the payment of debts of the Dubai World investments fund should not worry the government and the Brazilian banks. For Meirelles, the event is an alert against the “euphoria excess”.
“The euphoria excess problem happens when we think there are no more problems in the world and the first most important problem generates the opposite result,” said Meirelles.
For him, troubles as that in Dubai still can occur all over the world, but they are not so worrisome, nor should they generate a collapse in the global financial system because the international banks are taking steps to tackle situations like these. (more…)