'White bankers caused credit crunch'.GORDON Brown last night called for a EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 100bn package to help revive international trade, as his pre-G20 tour arrived in Brazil. But the Prime Minister's appeal was in danger of being upstaged after his host launched an attack on the "white, blue-eyed people" who had caused the economic crisis. Brazil's President, Luiz Inacio Lula Da Silva sil·va also syl·va n. pl. sil·vas or sil·vae 1. The trees or forests of a region. 2. A written work on the trees or forests of a region. , said he had never met a black banker and insisted the poor should not suffer as a result of mistakes by the rich. "This is a crisis that was caused by people, white with blue eyes. And before the crisis they looked as if they knew everything about economics," Mr Da Silva told a joint Press conference. "Once again the great part of the poor in the world that were still not yet (getting) their share of development that was caused by globalisation, they were the first ones to suffer." He added: "Since I am not acquainted with any black bankers, I can only say that this part of humanity that is the major victim of the world crisis, these people should pay for the crisis? I cannot accept that." Mr Da Silva - who is white - hit out at other countries for restricting immigration immigration, entrance of a person (an alien) into a new country for the purpose of establishing permanent residence. Motives for immigration, like those for migration generally, are often economic, although religious or political factors may be very important. , stressed that Brazil's own banking system had been well regulated, and also demanded a deal on the stalled Doha trade round. Downing Street Downing Street, Westminster, London, England. On the street are the British Foreign Office and, at No. 10, the residence of the first lord of the Treasury, who is usually (although not necessarily) the prime minister of Great Britain. views Brazil as a key ally in getting agreement in London next week. Its economy had been growing quickly until exports slumped amid the turmoil. The PM warned that this year worldwide trade was projected to fall for the first time in 30 years. |
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