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Quote by Luiz Inacio Lula da Silva

“This is the first global crisis that doesn't start in poor countries and it was caused by the rich countries. So it's necessary to take advantage of this crisis - the financial system has to be regulated. It's necessary that the central banks in the world should control a little bit the banks' financing, because they cannot bypass a certain range of leverage. And I believe that there's no other - more any reason for a G-8 group or any other "G." I believe that we should guarantee that the G-20 should be now an important forum to discuss the major economic issues of the world.”

Quote by Luiz Inacio Lula da Silva

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Luiz Inacio Lula da Silva
Luiz Inacio Lula da Silva

Luiz Inacio Lula da Silva, born on October 27, 1945, is a former President of Brazil. He has been a significant figure in Brazil's political landscape, serving as President twice and promoting social and economic development in the country. more

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