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Wall Street No Longer Influences Many Countries
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9-24-2008 8:59 AM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/0ceb3f72-0c57-46fe-94c1-5fd9503adb18/A26B323B-62AF-4A4C-AFA0-B3F917130888/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://news.xinhuanet.com/english/2008-09/19/content_10077935.htm" href="http://news.xinhuanet.com/english/2008-09/19/content_10077935.htm" style="font-size: 11px;">news.xinhuanet.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.xinhuanet.com/english/2008-09/19/content_10077935.htm">The Brazilian economy, now more solid and independent from the United States, is largely unaffected by financial turbulence in Wall Street, Brazilian President Luis Inacio Lula da Silva said Thursday</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.xinhuanet.com/english/2008-09/19/content_10077935.htm"> "We live at a most peculiar moment now, (and) our economy does not depend so much on the trade with the United States, even though they are still very important to us," Lula said, adding that Brazil's foreign exchange reserves reach 207 billion U.S. dollars.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.xinhuanet.com/english/2008-09/19/content_10077935.htm"> He said he regretted the difficulties faced by the U.S. banks, which used to dictate norms to countries like Brazil</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.xinhuanet.com/english/2008-09/19/content_10077935.htm">"I see with deep regret that those 'tippers' are bankrupting and are asking for bailouts after spending decades giving opinions to Brazil, telling us what to do and what not to do, measuring the investment risk here, telling investors whether our country was worthy of their trust or not," he said</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.xinhuanet.com/english/2008-09/19/content_10077935.htm">"It was as if they were super intelligent and we were the super-miserable," said the president.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A26B323B-62AF-4A4C-AFA0-B3F917130888/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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