Brazilian, British Leaders
Propose
$100 Billion Trade Fund
Brazil: Rich Countries
to Blame for Crisis
Colombia Military
Helicopter Crash
Kills 4
OAS Hopes Maritime
Dispute Has No
Negative Effect On Peru-Chile Ties
Brazil: Rich
Countries to Blame for Crisis
Brasilia - Brazil President Luiz Inacio Lula
da Silva condemned the fact the poor are the
hardest hit by the international financial
crisis, since the world elite are the ones
to blame for the current economic situation.
During a press conference, after meeting
with British Prime Minister Gordon Brown,
formally visiting Brazil, Lula affirmed the
crisis was originated by affluent countries
markets, and the poor can not be the ones to
pay for their mistakes.
"We can not let it happen, mainly because no
negro, indigenous or poor generated this
turbulence, but the world’s rich and
powerful people, white and blue eyed-people,
who knew what was to come before the crisis,
and now feigned indifference", Lula stated.
Lula described April's G20 London Summit,
real reason of Brown’s visit to Brazil, as a
historic event, since it will be a high
point of high expectations.
Lula and Brown coincided to affirm the need
to conclude Doha Round to work towards trade
negotiations, and diminish the effects of
the crisis.
Both Heads of State will pronounce in favor
of efficient measures to recover credits to
finance trade at G20 Summit of rich and
emerging countries in London, since British
Prime Minister thinks the 90 percent of
world trade depends of credit.
Brown´s visit to several nations of the area
is also aimed at fostering a proposal to
create a 100,000 billion dollars fund for
financing world trade.
gdb/ale
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