Central America to Create Single Currency
The leaders of the Central American countries have agreed to create a single currency. The leaders, who commissioned the preparation of the single currency project to their ministers of finance, signed the statement at the end of their 33rd Summit of the Central American Integration System in San Pedro Sula, Honduras on 6 December 2008.

The presidents of Honduras, Guatemala, El Salvador, and Nicaragua, and representatives from Costa Rica, Panama, Dominican Republic, and Belize also agreed on a 41-point economic blueprint to help the region weather the current global financial storm.

Attending the summit, in addition to the Honduran president Manuel Zelaya, the presidents Alvaro Colom (Guatemala), Elias Antonio Saca (El Salvador) and Daniel Ortega (Nicaragua); also, Marco Vinicio Ruiz (Minister for Foreign Trade of Costa Rica), Gaspar Vega (vice minister of Belize), Samuel Lewis Navarro (vice president and foreign minister of Panama) and Rafael Albuquerque (vice president of the Dominican Republic).

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Principles and Modalities of EU-Indian Cooperation on African Development

Dr. Yash Tandon, Executive Director, South Centre

In any future relationship between Europe and India on Africa’s development, it must be a matter of common understanding that the colonial history should not be repeated. Development is a good objective, but it cannot justify an asymmetrical power relationship between the three partners of development, or an unequal sharing of its benefits. This should be the starting point of any discussion on the subject of this triangular relationship.

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Work Together to Tide Over the Hard Times

Hu Jintao, President, People Republic of China

"The international financial crisis has now spread from some parts of the world to the entire globe, from the developed nations to newly emerging market countries, and from the financial sector to the real economy, seriously affecting economic development and people's livelihood of countries in the world. It is therefore highly significant that we gather here at this crucial moment to explore ways to maintain international financial stability and promote world economic growth..."

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10 Commandments to Save the Planet

 Evo Morales Ayma, President, Bolivia

On 20 October 2008, Bolivian President Evo Morales gave a speech regarding human solidarity in Guatemala City. For part of his speech, he outlined Ten Commandments that would save the planet.

 

 

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