You can count on George and the neocons to bring violence to Peru.
by Bob Chapman
As US Secretary of State Rice flew into Lima, Alejandro Toledo, President of Peru for the past five years arrived in Washington.
Ms. Rice is trying to save Peru for Washington and Toledo is seeking his reward for being the neocon agent in Peru.
We predicted Toledo would be a disaster and he was ... his approval rating is about 18%.
Ms. Rice consulted with the pro free-trade candidate Lourdes Flores. She is pitted against former coup leader and retired Army officer Ollanta Humala and the race is very close. Ollanta has met with Hugo Chavez, Nestor Kirchner and Lula to expand his credentials as a socialist.
At his meeting with George Bush, elitist Toledo will be congratulated for a job well-done - bringing free trade to Peru via Washington.
Peru’s economy has done well for the last few years thanks to higher base metal and gold and silver prices. It had nothing to do with Toledo’s incompetent leadership. As usual there has been no improvement in living standards over the past five years, but the local wealthy and transnational conglomerates did quite well for themselves. No matter who is elected you can count on George and the neocons to bring violence to Peru.
Brazil’s central bank cut the benchmark-lending rate to a 17-month low of 16.5%, down .75%. The cut is the sixth since September and brings the rate down 3-1/4% from 19.75%. President Lula, up for reelection, hopes GDP growth will rise from 2005’s 2.3% to 4%. Banco Santander sees the overnight rate at 14.5% by yearend. Annual inflation has slowed to 5.7% in January from 7.4% a year earlier. The estimate for yearend inflation is 4.56%.
The US is using CAFTA to push beyond the terms of previous intellectual property agreements to further extend the life of pharmaceutical patents and they are succeeding. Guatemala has already agreed to repeal a law aimed at guaranteeing local access to crucial generic drugs, despite social unrest the issue has incited throughout the country.
It should come as no surprise that Bush’s Emergency Plan for AIDS relief is run by the former CEO and major stockholder of drug giant Eli Lilly, and that the majority of the drugs are purchased from high-priced pharmaceutical companies instead of using cheap generic drugs.
This handcuffs these poor countries in treating AIDS. The program is a subsidy for drug companies.
As US Secretary of State Rice flew into Lima, Alejandro Toledo, President of Peru for the past five years arrived in Washington.
Ms. Rice is trying to save Peru for Washington and Toledo is seeking his reward for being the neocon agent in Peru.
We predicted Toledo would be a disaster and he was ... his approval rating is about 18%.
Ms. Rice consulted with the pro free-trade candidate Lourdes Flores. She is pitted against former coup leader and retired Army officer Ollanta Humala and the race is very close. Ollanta has met with Hugo Chavez, Nestor Kirchner and Lula to expand his credentials as a socialist.
At his meeting with George Bush, elitist Toledo will be congratulated for a job well-done - bringing free trade to Peru via Washington.
Peru’s economy has done well for the last few years thanks to higher base metal and gold and silver prices. It had nothing to do with Toledo’s incompetent leadership. As usual there has been no improvement in living standards over the past five years, but the local wealthy and transnational conglomerates did quite well for themselves. No matter who is elected you can count on George and the neocons to bring violence to Peru.
Brazil’s central bank cut the benchmark-lending rate to a 17-month low of 16.5%, down .75%. The cut is the sixth since September and brings the rate down 3-1/4% from 19.75%. President Lula, up for reelection, hopes GDP growth will rise from 2005’s 2.3% to 4%. Banco Santander sees the overnight rate at 14.5% by yearend. Annual inflation has slowed to 5.7% in January from 7.4% a year earlier. The estimate for yearend inflation is 4.56%.
The US is using CAFTA to push beyond the terms of previous intellectual property agreements to further extend the life of pharmaceutical patents and they are succeeding. Guatemala has already agreed to repeal a law aimed at guaranteeing local access to crucial generic drugs, despite social unrest the issue has incited throughout the country.
It should come as no surprise that Bush’s Emergency Plan for AIDS relief is run by the former CEO and major stockholder of drug giant Eli Lilly, and that the majority of the drugs are purchased from high-priced pharmaceutical companies instead of using cheap generic drugs.
This handcuffs these poor countries in treating AIDS. The program is a subsidy for drug companies.
posted by Alice at
Monday, March 13, 2006
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