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Brazil: Rich countries to blame for crisis

Brazil: Brazil President Luiz Inacio Lula da Silva condemned the fact the poor are the hardest hit by the international financial crisis, since the world elite are the ones to blame for the current economic situation.

During a press conference, after meeting with British Prime Minister Gordon Brown, formally visiting Brazil, Lula affirmed the crisis was originated by affluent countries markets, and the poor can not be the ones to pay for their mistakes.

"We can not let it happen, mainly because no negro, indigenous or poor generated this turbulence, but the world's rich and powerful people, white and blue eyed-people, who knew what was to come before the crisis, and now feigned indifference", Lula stated.

Lula described April's G20 London Summit, real reason of Brown's visit to Brazil, as a historic event, since it will be a high point of high expectations.

Lula and Brown coincided to affirm the need to conclude Doha Round to work towards trade negotiations, and diminish the effects of the crisis.

Both Heads of State will pronounce in favor of efficient measures to recover credits to finance trade at G20 Summit of rich and emerging countries in London, since British Prime Minister thinks the 90 percent of world trade depends of credit.

BrownA's visit to several nations of the area is also aimed at fostering a proposal to create a 100,000 billion dollars fund for financing world trade. Brasilia, Prensa Latina

 

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