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Exert economic influence at G20 summit, Fidel tips China

Exert economic influence at G20 summit, Fidel tips China
Written by Larry Moonze in Havana, Cuba
Wednesday, April 01, 2009 4:37:22 PM

FORMER Cuban president Fidel Castro has tipped China to exert enormous economic influence at the forthcoming G20 summit in London. And Fidel wondered how much Christianity remains in the political thinking of US Vice-President Joe Biden who has ruled out lifting the American embargo against Cuba.

In his regular column, Reflections by Comrade Fidel published on Monday, Fidel said China was the future great economic power.

"As one can see, the influence of the Peoples' Republic of China at the London meeting will be enormous from the economic point of view vis-à-vis the world crisis," Fidel stated. "That would have never happened earlier when the power of the United States used to prevail totally in this field. On the other hand, it is amusing to see the unrest at the entrails of the empire, full of insurmountable problems and contradictions with the peoples of Latin America which it intends to dominate forever and ever."

The G20 comprise Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the USA and the European Union.

The G-20 is a group of finance ministers and central bank governors from 20 economies, that is 19 of the world's largest national economies plus the European Union.

Last year in November, the G20 met at heads of government level in Washington DC, USA following the financial meltdown. The grouping of these countries that represent 85 per cent of the global national product, 80 per cent of world trade including EU intra-trade and two-thirds of the world population is a forum for cooperation and consultation on matters of international financial system.

The London meeting is expected to further come up with initiatives or measures to curb the ongoing global economic crisis whose epicentre is the US.

The agenda for the London G-20 leaders summit billed for tomorrow include; coordinated macro-economic actions to revive the global economy, stimulate growth and employment, reform international financial institutions [the International Monetary Fund, Work Bank and Financial Stability Forum], and reforming and improving financial sector and systems.

And Fidel stated that he was saddened by US Vice-President Biden's pronouncements.

He said Vice-President Biden while in Viña del Mar ruled out the lifting of the economic blockade against Cuba.

Fidel also noted that Vice-President Biden said he longed for an internal transition in Cuba.

He stated that what Vice-President Biden was wishing for amounted to counter-revolution.

"It is so sad to hear his plaintive laments especially when there is not a single Latin American and Caribbean government that does not perceive a millstone from the past in that antediluvian measure," stated Fidel. "What kind of ethic subsists in United States policy?

How much of Christianity remains in the political thinking of Vice-President Biden?"

Labels: FIDEL CASTRO, G20, SUMMIT

posted by MrK @ 3:49 PM