In the midst of the economic crisis in the euro zone, Brazil is proposing to make funds available for the European countries affected. This will involve making about $10 billion available to give to the IMF, which would reportedly be the least riskiest way to help out the European crisis. Brazil’s finance minister Guido Mantega also recommended that all members of the BRICS bloc of countries (Russia, India, China, and South Africa) make money available to help Europe. 
This article is extremely interesting because of the uncharacteristic direction of financial help. The fact that Brazil will be helping countries such as Spain and Portugal is a switch from the expected. In addition to the intriguing nature of this decision, Brazil’s preposition is extremely beneficial for Brazil itself. I think this opportunity shows that the country is willing to play a greater role in global affairs, and that it has enough financial firepower to do so. Brazil’s choice to help Europe through the IMF will give it power in that institution, and relations with Spain and Portugal will improve, two countries that have large investments in Brazil. This decision will help improve Brazil’s power as an emerging market country.
