In the participating in the G-20 group of major economies in the world, Brazilian President Lula da Silva said that world leaders have failed to solve the financial crisis of 2008 and the resumption of growth and exchange rates should be the priority of the meeting. During the radio program "Breakfast with the President", Lula said everybody knows "that the devaluation of currencies Chinese and American currency has caused a currency war and that the G-20 needs to find an equilibrium solution.