I understand that my right and hon. Friends, together with others in the international community, are doing all that they can to ensure that there is no Crisis in Brazil of the kind that might lead to demands for a statement.

Following the pertinent concerns of the hon. Member for Linlithgow (Mr. Dalyell) about the financial Crisis in Brazil, will the right hon. Lady grant the House an urgent debate on foreign affairs so that we can discuss that crisis and the associate Mercosur country next door, which is being jeopardised by the Government raising the political temperature there and deterring the inward investment on which it depends?

More generally, does not the economic Crisis in Brazil underline the importance of the work of my right hon. Friend the Chancellor of the Exchequer in creating new international arrangements to assist world financial stability - in contrast to the previous Government, who saw no further than boom and bust?

If there is a financial Crisis in Brazil - all commentators accept that the Brazilian economy remains fragile - it could spill over into the rest of Latin America.