NewsWhore
07-16-2009, 04:00 PM
President Leonel Fernandez spoke at the inaugural plenary for the two-day Non-Aligned Movement (NAM) meeting in Sharm-el-Sheikh, Egypt. The movement gathers officials from 118 nations in Africa, Asia and Latin America.
Fernandez criticized the reduced amount of financial assistance G-8 nations have made available for developing nations to tackle the current financial crisis. He recalled that the developed nations had promised to create a fund of 20 billion.
He said this was the same amount that President John Kennedy dedicated to the Alliance for Progress plan to help Latin America in the 1960s, and dilute the political impact of the Cuban Revolution.
He called the amount "insignificant compared to the funds that have been allocated to bale out financial institutions as a result of the global crisis.
As part of his meetings with key Middle East government officials on his 10-day tour to the region, Fernandez met yesterday with Libyan leader Muammar Gaddafi. Gaddafi invited the DR to participate as an observer in the African Union Summit coming in January 2010.
Gaddafi received President Fernandez and Foreign Relations Minister Carlos Morales Troncoso at the villa in the Gran Rotana tourist resort in Sharm-el-Sheikh where he is staying during the summit. Also present was Libyan foreign minister Abdelrahman Mohamed Shagan.
More... (http://www.dr1.com/index.html#1)
Fernandez criticized the reduced amount of financial assistance G-8 nations have made available for developing nations to tackle the current financial crisis. He recalled that the developed nations had promised to create a fund of 20 billion.
He said this was the same amount that President John Kennedy dedicated to the Alliance for Progress plan to help Latin America in the 1960s, and dilute the political impact of the Cuban Revolution.
He called the amount "insignificant compared to the funds that have been allocated to bale out financial institutions as a result of the global crisis.
As part of his meetings with key Middle East government officials on his 10-day tour to the region, Fernandez met yesterday with Libyan leader Muammar Gaddafi. Gaddafi invited the DR to participate as an observer in the African Union Summit coming in January 2010.
Gaddafi received President Fernandez and Foreign Relations Minister Carlos Morales Troncoso at the villa in the Gran Rotana tourist resort in Sharm-el-Sheikh where he is staying during the summit. Also present was Libyan foreign minister Abdelrahman Mohamed Shagan.
More... (http://www.dr1.com/index.html#1)