[Peace-discuss] Latin America Banks on Independence

LAURIE SOLOMON LAURIE at ADVANCENET.NET
Tue Jan 22 16:30:42 CST 2008


>From Truthout, an interesting turn of events in Latin America.  I have to
wonder what would happen if the EU were to withdrawal from NATO and form
their own EU treaty organization which excluded the US or made it s
membership subordinate to that of the EU countries.

 

Latin America Banks on Independence

http://www.truthout.org/docs_2006/012208F.shtml

Mark Engler, reporting for In These Times, writes: "On December 9, standing
before the flags of their countries, the presidents of Argentina, Bolivia,
Brazil, Ecuador, Paraguay and Venezuela, along with a representative from
Uruguay, gathered in Buenos Aires and signed the founding charter of the
Banco del Sur, or the Bank of the South. By itself, the bank represents a
serious challenge to US-dominated institutions, such as the International
Monetary Fund (IMF), the World Bank and the Inter-American Development Bank
(IDB). As part of a larger trend, it signals a major break from the policies
of 'free trade' neoliberalism that dominated in the region throughout the
'80s and '90s."  

 

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