Measures in Favor of Banks Will Not Solve World Crisis

HAVANA, Cuba, March 3 (acn) Experts from several nations participating in the 11th International Meeting of Economists on Development Problems, underway in Havana, said on Monday that the current world financial and economic crisis can not be solved through initiatives that only favor banks.

This was one of the main topics for discussion during the first day of the event, which is being attended by more than 1000 delegates from 47 nations.

The theme was analyzed in a panel called "From the Financial to the Global Economic Crisis: Impacts and Lessons" with the participation of Argentinean Claudio Katz, American Jan Kregel and Belgian Christian Ghymers.

"We cannot continue trying to rescue institutions that went bankrupt, because that is typical of capitalism. The real regulations have to be made by the people," Katz said.

He added that the increase in military spending and wars are other expressions of the current global recession.

For his part, Ghymers noted that today's collapse, that is affecting the whole capitalist system, is a result of neo-liberal globalization and the accumulation of debts.

Meanwhile, Egyptian Samir Amin, President of the Third World Forum, said that the government of Barack Obama and his economic team in the United States are unable to solve the current world crisis.

The 11th International Meeting of Economists on Development Problems was inaugurated on Monday in Havana's Conventions Palace in the presence of Leonel Fernandez, President of the Dominican Republic and Jose Ramon Machado Ventura, the Cuban First Vice President.

(Crisis global no se resuelve con medidas a favor de la banca )

Haitian Foreign Minister Thanks Cuba for Solidarity

HAVANA, Cuba, March 3 (acn) The Minister of Foreign Affairs and Culture of Haiti, Alrich Nicolas, on Monday thanked the Cuban people and government for their solidarity with his country.

After a visit to the '26 de Julio' Museum at the former Moncada Barracks in eastern Santiago de Cuba province, the Haitian FM described the bilateral cooperation in the fields of education, public health and energy as diverse and dynamic.

Nicolas, who is in Cuba on a working visit heading a delegation from his country, added that both nations will also start cooperating to face natural disasters.

The visiting delegation includes the Minister of Sports, Youth and Civic Service, Evans Lescouflair; the Minister of the Interior and Territorial Collectivity, Paul Antoine Bien-Aime; and the Minister of Public Health and Population, Dr. Alex Larsen.

In Santiago de Cuba, the visitors met with almost 500 Haitian youths who are currently studying medicine at the Higher Institute of Medical Sciences in this eastern province.

They also visited the old part of the city, founded 494 years ago and where the influence of artistic expressions from the neighboring country can still be appreciated.

The Haitian delegation also paid homage to Cuban National Hero Jose Marti at the Santa Ifigenia Cemetery. There, they placed a floral wreath in the mausoleum where the mortal remains of the Cuban patriot and Latin American independence hero rest.

(Agradece Canciller de Haití solidaridad de Cuba)