Financial crisis tops Latam agenda

UK prime minister and US vice-president in Chile for "progressive" economy summit.

    Latin American nations have not been spared
    in the current economic crisis [AFP]

    Widespread anger

    Biden also said leaders hoped to address drug-related violence in the region as a problem "we all share and one whose ultimate solution we must devise together".

    Discussions begin on Friday on how to respond to the crisis, which has sparked a collapse in global economies and widespread anger amid perceptions governments have failed to act appropriately.

    The conference was organised by Policy Network, an international think-tank created 10 years ago by Bill Clinton, the former US president.

    The summit begins a day after Brown and Luiz Inacio Lula da Silva, the Brazilian president, proposed the creation of a $100bn global fund to boost trade amid the global credit crunch.

    World leaders are embarking on a series of meetings over the economic crisis in the next few weeks as the global recession shows little signs of fading.

    Brown will also host the G20 meeting of the world's richest nations in London on April 2, while leaders from the Americas will also hold a key summit in Trinidad and Tobago from April 17 to 19.

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    Interactive: Take a tour through divided Jerusalem

    Interactive: Take a tour through divided Jerusalem

    Take a tour through East and West Jerusalem to see the difference in quality of life for Israelis and Palestinians.

    Stories from the sex trade

    Stories from the sex trade

    Dutch sex workers, pimps and johns share their stories.

    Inside the world of India's booming fertility industry

    Inside the world of India's booming fertility industry

    As the stigma associated with being childless persists, some elderly women in India risk it all to become mothers.