Latin America

Diverse Latin America can lead climate solutions, World Bank says

Diverse Latin America can lead climate solutions, World Bank saysWashington - Latin America has an opportunity to lead the world in efforts to tackle global warming, but will have to do more to avoid the worst affects of climate change in the coming years, according to a World Bank report released Wednesday.

Latin America has the natural resources necessary to sharply reduce its own carbon footprint and pass on some of its more innovative solutions to other developing countries, many of which are facing pressure to lower their climate-damaging emissions without stunting economic growth.

APEC takes over most Asian country in Latin America

APEC takes over most Asian country in Latin AmericaLima  - For a Peruvian, an Asian face has few connotations of something foreign: it is frequently the face of a schoolmate, the corner shopkeeper or the neighbourhood buddy.

This is the setting that is greeting delegates of the Asia-Pacific Economic Cooperation (APEC) forum in Lima, as they tackle their annual Leaders' Meeting this weekend.

And although there are representatives of other world regions among the 21 delegations at the summit, it is Asians - with economic powerhouses like Japan, China and South Korea - that play a key role in APEC.

Eight presidents leave Iberian-American Summit before closing

Eight presidents leave Iberian-American Summit before closing San Salvador - Eight presidents left the Iberian American Summit in San Salvador before it closed Friday, in a mass escape that made the gathering's last day lacklustre.

Between midday Thursday and early Friday, the leaders of Brazil, Nicaragua, Argentina, Panama, Ecuador, Mexico, Peru and the Dominican Republic left the Salvadorian capital. The presidents of Venezuela, Cuba and Uruguay directly skipped the summit.

Latin America, Spain demand more presence in global finance

Latin America, Spain demand more presence in global financeSan Salvador, El Salvador (dpa) - Latin America and Spain on Thursday at the 18th Iberian American Summit in San Salvador demanded a greater presence in global financial decisions at a time of crisis.

Spain, Brazil, Mexico, Chile and Argentina, among other countries, called for a fairer multilateral world order that would take into account the views of emerging countries in the face of a crisis that developed in industrialized nations and threatens to hit developing countries particularly hard.

OAS chief: Capitalist system not the problem

OAS chief: Capitalist system not the problem San Salvador, El Salvador

Zapatero calls for "new financial world order"

Zapatero calls for "new financial world order" San Salvador, El Salvador - Spanish Prime Minister Jose Luis Rodriguez Zapatero on Thursday joined calls for a "new financial world order" with stronger mechanisms for control and transparency.

At the Iberian American Summit in San Salvador, the centre-left Rodriguez Zapatero criticized the "myth of deregulation" which according to him put speculation and greed, and the unbounded craving for greater benefits, above the productive economy.

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