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Mexico: Experts warn about danger of new global crisiscatalogados

by the El Reportero’s news service

Mexico City, May 7 The inability of the European Union to formulate policies for common economic growth may currently lead to a new global economic crisis, personalities of the political, academic and business world agreed on Monday in this capital.

Grouped in the so-called 21st Century Council, the experts assessed this weekend that, in addition to a possible crisis scenario, there is a lack of regulations to provide financial certainty to the Eurozone bloc of nations.

En route to the Group of 20 (G20) Summit, scheduled for June 18-19 in Los Cabos, South Baja California, the Council recommended a six-item document released on Sunday, which precisely makes emphasis on a coordinated global financial regulation.

­Europe faces a choice: disintegration and a weaker bond, or moves towards a fiscal and economic union, said such an organization, which includes former Presidents Felipe Gonzalez of Spain and Fernando Henrique Cardoso of Brazil, among others.

The Council met with Mexican President Felipe Calderon, with whom it discussed issues related to trade protectionism, green growth support and the country’s leadership in works that will provide continuity to the results of the G-20 in coming years.

Bolivia calls for mass rally in support of Evo Morales

After hundreds of Indigenous Bolivians set off on a months-long March from Trinidad city to the president’s palance in La Paz to protest highway project in an Amazon reserve. http://www.newslook.com/world.

The Departmental Coordinator Agency for Change of Cochabamba today called for a massive rally on May 9 to express popular support for President Evo Morales and the process of change in the country.

The president of the coordinator agency, Leonilda Zurita, said that this activity will also aim to support the consultation in the communities of Indian Territory and Isiboro Secure National Park, which will decide whether or not to build a interdepartmental road trough the vast Amazon region.

Bolivian President Evo Morales’ plans to build a highway through the Amazon forest unleashed fierce anti-government protests in the country’s capital, La Paz, last September.

The controversial road was supposed to run through the indigenous territory, leveling an ancestral homeland inhabited by 50,000 native people from three different native groups. A police crackdown left 74 people injured, while 24 indigenous leaders are now under investigation for assault and kidnapping.

In Ecuador, projects to build open pit mines that would rip into the forest-covered hills of the lands of the Shuar Indians have spawned a protest movement as well. Some 194 indigenous leaders have been charged with terrorism and sabotage in recent years. The most recent round of protests was prompted by an agreement between Ecuador and China for industrial copper mining in the Amazon’s Ecuacorriente Zamora-Chinchipe region. (PL and wire services contributed to this report).

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