Washington to watch maneuvers 'very closely'... Nov 25, 2008
"Contrast that with the recent meeting in Lima that just took place among APEC members, which they're talking about effective action to deal with global economic crisis," McCormack said. "I think that's where people's attention is really focused," he said. (The Drudge Report)
Peruvian press hails APEC agreements Nov 25, 2008
LIMA, Nov. 24 (Xinhua) -- Peruvian newspapers on Monday highlighted the agreements reached at the Asia Pacific Economic Cooperation (APEC) economic leaders' summit, which was concluded here on Sunday ... They also praised the leaders' consensus on quality education, policies on climate change, corporative social responsibility and measures against corruption ... "We agree that the globalization based on economic, social and environmental progress could bring sustainable benefits to all APEC... (Xinhua)
* Financial crisis may be over soon, APEC leaders say Nov 25, 2008
AFP, LIMA Tuesday, Nov 25, 2008, Page 1. Asia-Pacific leaders making up half the global economy on Sunday voiced hope that the global financial crisis would be over within 18 months. (Taipei Times, Taiwan)
* EDITORIAL: Chinas non-democratic advantage Nov 25, 2008
The just-concluded APEC leaders summit in Lima, Peru, was very much the affair of one giant, Chinese President Hu Jintao (JA), leaving pretty much everybody else to vie for a rare spot in the light. Chinas shadow was especially long this time around as everybody either waited to see what contributions it would make to reviving the slumping global economy or sought to ink various trade or military agreements with it. (Taipei Times, Taiwan -- World)
Bush is more than a lame duck Nov 25, 2008
President Bush spent the weekend in Lima, Peru, at a meeting of the Asia-Pacific Economic Cooperation forum, conferring with Pacific Rim leaders who had no reason to pay attention to anything he said. Bush did, however, cut a dashing figure in a traditional Peruvian poncho. (San Francisco Chronicle -- Opinion)
Chinese president arrives in Athens for state visit Nov 25, 2008
President Hu, who arrived in Athens from the Peruvian capital of Lima, is on the last leg of a five-nation trip. He has already attended the G20 summit on financial markets and the world economy in Washington and the Economic Leaders' Informal Meeting of the Asia-Pacific Economic Cooperation (APEC) forum in Lima, and paid state visits to Costa Rica, Cuba and Peru. (Xinhuanet, China)
Trade: Colombia: Belle Of APEC's Ball Nov 25, 2008
Nothing showed the oddness of House Speaker Nancy Pelosi's refusal to permit a vote on the U.S.-Colombia free-trade accord than the specter of Asian leader after Asian leader scrambling to meet Colombia's president, Alvaro Uribe, and expand trade ties at a summit in Lima, Peru. That's what happened last weekend, and Colombia isn't even a member of Asia-Pacific Economic Cooperation. (Investors Business Daily)
FIFA bans Peru Nov 25, 2008
"If Burga's position is going to remain the same as before... this is a dialogue of the deaf," IPD president Arturo Woodman told Reuters in Lima. "There is absolutely no intervention by the government. What there is, is respect for Peruvian law. He (Burga) cannot be a director.". (India Times, India)
Bush spurs economic action, but Obama sets agenda Nov 24, 2008
LIMA, Peru - President George W. Bush got a second bloc of world leaders to endorse comprehensive action to remedy the global financial crisis ... It is not that Bush did not have his own successes in Lima at his eighth and final summit of the 21-nation Asia-Pacific Economic Cooperation forum ... In Lima, Mexican President Felipe Calderon said any attempt to renegotiate the North American Free Trade Agreement would create "not more markets and more trade, but fewer markets and less trade" while... (Mattoon Journal-Gazette, IL)
China's Hu, Russia's Medvedev Pledge Cooperation in Efforts to Ease Crisis Nov 24, 2008
The two leaders, in a one-on-one meeting, also vowed to implement a strategy they agreed on during the G-20 meeting in Washington this month that involves energy supplies and supporting each other's economic and trade interests, Liu said in an interview today at the end of the Asia-Pacific Economic summit in Lima ... To contact the reporters on this story: in Lima at. (Bloomberg -- Asia)
Bush, world leaders vow quick action Nov 24, 2008
LIMA - President Bush and other world leaders vowed yesterday to act "quickly and decisively" to battle the global economic crisis, as a 21-nation summit predicted worldwide recovery in 18 months. The final declaration from the Asia-Pacific Economic Cooperation forum was short on specifics, beyond a vow by participating nations to avoid pressures to implement "protectionist" measures, such as import restrictions. (Boston Globe)
Financial crisis over in 18 months? Nov 24, 2008
LIMA, Peru - Pacific Rim nations assured the world Sunday that the global financial crisis can be quelled in 18 months, but provided few details of how they expect that to happen or how their governments can help ... In their final declaration, the APEC leaders said they were deeply concerned about instability in food prices, were committed to battling corruption and piracy, and supported decisive and effective long-term cooperation to combat climate change ... Barack Obama replaces... (MSNBC -- International)
APEC: Financial Crisis to End in 18 Months Nov 24, 2008
LIMA, Peru Wrapping up a two-day economic summit Sunday, leaders in the Pacific Rim said that they believed the global financial crisis could come to an end in mid-2010 ... A preliminary draft provided by two delegations sad the nations were deeply concerned about instability in food prices, were committed to battling piracy, and supported "decisive and effective long-term cooperation" to combat climate change ... President-elect Barack Obama takes office Jan. 20, and delegates in Lima said... (Fox News)
Summit leaders hold off on offering new ideas Nov 24, 2008
(11-23) 04:00 PST Lima, Peru ... Delegates said, however, that there was little incentive to propose more concrete action without the support of Obama, who takes office in January and did not send representatives to Lima. (San Francisco Chronicle -- Politics)
* Curtain call for Bush as trade summit wraps up Nov 24, 2008
AFP, LIMA Monday, Nov 24, 2008, Page 1 ... Some 300 students marched to the US ambassadors residence in Lima, chanting that Bush was a fascist and demanding he be put on trial for alleged war crimes. (Taipei Times, Taiwan)
APEC Leaders Don Andean Ponchos for Group Photo Nov 24, 2008
By ANDREW WHALEN Associated Press WriterLIMA, Peru November 23, 2008 (AP) The Associated Press FONT SIZE ... Leaders, wearing traditional Peruvian ponchos, wave during the official group photo of 16th summit of the Asian Pacific Economic Cooperation, APEC, in Lima, Sunday, Nov. 23, 2008. (ABC News -- Wire)
* DPP pans Lien over Hu meeting Nov 24, 2008
Former Chinese Nationalist Party (KMT) chairman Lien Chan, second left, participates in a leaders dialogue with the APEC Business Advisory Council on Saturday during the APEC Summit at the Ministry of Defense Convention Center in Lima, Peru. PHOTO: AFP. (Taipei Times, Taiwan -- World)
Bush, in Peru, starts to say goodbye Nov 24, 2008
Yet on the way to Lima on Air Force One, another foreign policy adviser to Bush, Dennis Wilder, was talking in past tense, reviewing Bush's efforts in the region ... The president has long been an avid practitioner of personal diplomacy, and here in Lima he seemed almost sorry to break off some of his relationships ... As presidential goodbye trips go, the Lima visit is strikingly low key. (International Herald Tribune)
Turnbull sees red over deficit Nov 24, 2008
Mark Davis in Lima, Peru and Phillip CooreyNovember 25, 2008. THE brinkmanship over whether the budget should go into deficit increased yesterday when the Opposition Leader, Malcolm Turnbull, declared a slide into the red would be a failure of economic management. (Sydney Morning Herald -- Australia)
APEC leaders: Trade protectionism is road to ruin Nov 24, 2008
(IDM/File) LIMA, Peru (AP) - Leaders of 21 nations that comprise half the world's economy say it's vital not to abandon free trade - no matter how punishing the global downturn gets. South Korean President Lee Myung-bak says the world must resist protectionist measures even though companies will keep going bankrupt and countless jobs will be lost. (FOX23 News, NY)
Free trade is free advice for Obama Nov 24, 2008
Dan Eggen in Lima, PeruNovember 25, 2008 ... GEORGE BUSH was the US president at the APEC summit in Lima, but many foreign leaders were instead focused on the president-elect, Barack Obama ... The APEC statement mirrored a pledge signed in Washington on November 15 by leaders from the Group of 20 economic powers, nine of which were represented in Lima. (Sydney Morning Herald -- World)
APEC vows action to combat crisis Nov 24, 2008
We have already taken urgent and extraordinary steps to stabilize our financial sectors and strengthen economic growth and promote investment and consumption,'' the group said in a statement during its meeting in Lima, Peru ... The day access is closed, workers will jump over whatever river or wall you put there,'' Calderon told business leaders yesterday in Lima. (Sydney Morning Herald -- Business)
Hu urges for APEC economic integration Nov 24, 2008
LIMA, Nov. 23 (Xinhua) -- Chinese President Hu Jintao on Sunday urged the Asia-Pacific Economic Cooperation (APEC) members to boost economic integration and strengthen human security in the region. In an address to the 16th APEC Economic Leaders' Meeting which ended in the Peruvian capital Lima on Sunday, Hu said the process of regional economic integration is developing continuously, featured by ever closer trade and economic links among the APEC members ... On climate change, Hu said China... (Xinhuanet, China)
China, Russia pledge to strengthen strategic coordination Nov 24, 2008
Chinese President Hu Jintao (R) shakes hands with Russian President Dmitry Medvedev during their meeting in Lima, capital of Peru, Nov. 23, 2008 ... LIMA, Nov. 23 (Xinhua) -- Chinese President Hu Jintao said Sunday that China and Russia should strengthen strategic coordination at a time when the global political and economic structures are undergoing the most profound changes since the end of the Cold War ... Hu made the remarks at a meeting with his Russian counterpart Dmitry Medvedev on the... (Xinhuanet, China)
Apec vows to keep trade open Nov 24, 2008
Lima, Peru- Leaders of Pacific rim nations promised at the weekend to work together on further "extraordinary" steps to combat the global economic crisis and pledged to refrain from erecting new barriers to trade and investment ... "We have already taken urgent and extraordinary steps to stabilise our financial sectors and strengthen economic growth and promote investment and consumption," the group said during its weekend meeting in Lima, Peru. (Business Report, South Africa)
China Poised to Take Advantage of Economic Chaos Nov 24, 2008
Chinese President Hu Jintao, left, and Hong Kong's Chief Executive Donald Tsang wave Saturday at the end of the first day of the 16th summit of the Asia Pacific Economic Cooperation in Lima, Peru ... In Lima, Chinese President Hu said the Asian powerhouse would work alongside the international community to strengthen cooperation and protect international markets. (Newsmax)
No intention of quitting: Thai PM Nov 24, 2008
LIMA: Thai Prime Minister Somchai Wongsawat said on Sunday in Peru he has no intention of resigning in the face of major protests demanding his ouster. "We came in through democratic elections, so I am not thinking of resigning at all," he said in an interview in Lima after a Pacific Rim economic summit ... Somchai spoke in Lima as thousands of anti-government protesters began marching to parliament in Bangkok on Monday, calling it the "final" push in their five-month campaign to unseat the... (India Times, India)
Deficits 'not necessarily bad' and sometimes essential: Harper Nov 24, 2008
LIMA, Peru - On February 24, 1998, Paul Martin, then the country's finance minister, rose triumphantly in the House of Commons to deliver the budget speech. "What I am about to say is something no Canadian government has been able to say for almost 50 years," he said. (Vancouver Sun)
Bush scores wins on economy, N. Korea Nov 23, 2008
President George W. Bush addressed the annual Asia-Pacific Economic Cooperation forum in Lima, Peru, on Saturday ... LIMA, Peru - U.S. President George W. Bush snared fresh international support Saturday on the economy and North Korea, emerging from his final world gathering with modest wins and growing nostalgia about his turbulent tenure. (Huntington WSAZ-TV, WV)
Bush promotes free trade at Asia-Pacific summit in Peru Nov 23, 2008
Demonstrators protested against the Asia-Pacific Economic Cooperation summit in Lima ... LIMA, Peru - President Bush yesterday called on nations to embrace free trade even as turmoil races through the world's markets, and leaders meeting to plan responses to the crisis pledged to avoid protectionism. (Boston Globe)
Bush scores wins on economy, N. Korea Nov 23, 2008
President George W. Bush addressed the annual Asia-Pacific Economic Cooperation forum in Lima, Peru, on Saturday ... LIMA, Peru - U.S. President George W. Bush snared fresh international support Saturday on the economy and North Korea, emerging from his final world gathering with modest wins and growing nostalgia about his turbulent tenure. (MSNBC -- International)
NOTEBOOK: Some fond moments for Bush at summit Nov 23, 2008
LIMA, Peru The White House said quite emphatically that President George W. Bush's final trip to a summit of Pacific Rim nations was no farewell tour ... south of Lima, Friday, Nov. 21, 2008 ... Lima is hosting the Asia Pacific Economic Cooperation, APEC, summit. (Atlanta Journal-Constitution -- World)
Bush secures foreign help on economy, North Korea Nov 23, 2008
Posted: Sunday, November 23, 2008 LIMA, Peru (AP) -- President George W. Bush snared fresh international support Saturday on the economy and North Korea, emerging from his final world gathering with modest wins and growing nostalgia about his turbulent tenure. Dogged by a collapsing economy late in his presidency, Bush came away with the commitment he wanted from Asia's Pacific nations: a pledge to keep trade flowing and shun protectionism. (Sioux City Journal, IO)
White House: Meeting Set on North Korean Nukes Nov 23, 2008
By MARTIN CRUTSINGER Associated Press WriterLIMA, Peru November 22, 2008 (AP) The Associated Press FONT SIZE. U.S. President George W. Bush, left, with President Hu Jintao of China before their meeting at the APEC Summit in Lima, Peru Friday, Nov. 21, 2008 ... Bush was in Lima to attend his eighth and final meeting of the 21-nation Asia-Pacific Economic Cooperation forum. (ABC News -- Wire)
APEC to take united front on global economic crisis Nov 23, 2008
"The current situation highlights the importance of ongoing financial sector reforms in our economies," the leaders said at the mid-point of a two-day summit meeting at a fortified defense compound in the Peruvian capital, Lima. "We have already taken urgent and extraordinary steps to stabilize our financial sectors and strengthen economic growth and promote investment and consumption. We will continue to take such steps, and work closely, in a coordinated and comprehensive manner, to implement... (International Herald Tribune)
* Russian leader makes defiant Latin America tour Nov 23, 2008
AFP, LIMA Sunday, Nov 23, 2008, Page 6 ... Lima-based analyst Alejandro Deustua, of the countrys Diplomatic Academy, criticized Russias role in South America, saying it was time for Russia to explain plainly to each South American country what their intentions are with these military exercises. (Taipei Times, Taiwan -- World)
President Bush Attends APEC CEO Summit 2008 Nov 23, 2008
And now that I'm headed to retirement -- (laughter) -- my last trip as President is to APEC here in Lima ... When we meet today in Lima, Peru, about 55 percent of the total world's economy will be at that table ... We've worked to prevent the spread of potential pandemic diseases like avian flu and SARS. We've worked to confront climate change and usher in a new age of clean energy. (White House News Releases)
Fact Sheet: Creating a New Era of Prosperity in the Asia Pacific Region and Beyond Nov 23, 2008
Today, President Bush spoke at the Asia Pacific Economic Cooperation CEO Summit in Lima, Peru, and discussed the importance of free trade in generating economic growth. United States' engagement with the Asia Pacific region is especially important during this time of economic strain. (White House News Releases)
President Bush Meets with President Medvedev of Russia at APEC Nov 23, 2008
For Immediate Release Office of the Press Secretary November 22, 2008. PRESIDENT BUSH: It's an interesting moment because I've had a lot of meetings with Dmitriy and Vladimir Putin. (White House News Releases)
President Bush Meets with Prime Minister Harper of Canada at APEC Nov 23, 2008
For Immediate Release Office of the Press Secretary November 22, 2008. PRESIDENT BUSH: I'm pleased to be with a good friend and a strong leader, Prime Minister Stephen Harper. (White House News Releases)
Najib: Dont expect too much Nov 23, 2008
LIMA (Peru): The people should not expect the pump prices to be constantly reduced just because crude oil prices have fallen below US$50 per barrel ... VIP guests: Najib (second from right) and International Trade and Industry Minister Tan Sri Muhyiddin Yassin being greeted by chairman of the Islamic Association of Peru Dr Ing Bass M Bassiouny (left) at the Islamic centre in Lima Saturday. (The Star Online, Malaysia)
Bush looks back in goodbye from Peru Nov 23, 2008
U.S. President George W. Bush and his wife Laura Bush arriving for the official dinner at the Asia-Pacific Economic Cooperation summit in Lima on Saturday ... Yet on the way to Lima on Air Force One, another foreign policy adviser to Bush, Dennis Wilder, was talking in past tense, reviewing Bush's efforts in the region ... The president has long been an avid practitioner of personal diplomacy, and here in Lima he seems almost sorry to break off some of his relationships. (International Herald Tribune -- Business)
World needs us to act as one, Rudd tells APEC Nov 23, 2008
Mark Davis in LimaNovember 23, 2008 ... Continuing his hectic travel schedule, Mr Rudd flew into Peru's capital, Lima, early yesterday for the annual APEC gathering of regional political leaders which discusses economic, trade and investment issues ... Just as last year's APEC meeting shut down parts of central Sydney, significant areas of Lima, including the venues for the meetings and the hotels for visiting leaders such as American President George Bush, have been cordoned off, and security... (The Age, Australia -- World)
Bush seeks North Korea breakthrough at summit Nov 23, 2008
LIMA, Peru President George W. Bush scrambled allies Saturday to secure a North Korea disarmament deal before he leaves office, rushing hard for a late, legacy-shaping win. As Mr. Bush engaged in some final diplomacy on the world stage amid a global economic slide, the White House announced that all nations engaged in the showdown with North Korea would meet in China in early December. (Globe and Mail)
Auto bailout would drive deficit too high, McGuinty warns Nov 23, 2008
Prime Minister Stephen Harper warned about the dangers of deficit financing at the Asia-Pacific Economic Co-operation summit in Lima, Peru on Saturday, saying it's something Canada has had bad experiences with. We were once badly in a long-term structural deficit position. (Globe and Mail)
Post-quake Peru runs out of tents Nov 23, 2008
The worst damage was in the coastal cities of Ica and Pisco, south of Lima ... Hundreds of tons of aid have already been donated, but it still does not seem to be getting to where it is most needed, says the BBC's Dan Collyns in Lima. (Yahoo News -- Peru)
Quake aid has pro-Chavez message Nov 23, 2008
lima, peru The appearance of donated cans of tuna with labels containing the image of Venezuelan President Hugo Chavez and a condemnation of the Peruvian government as heartless caused a political storm here Monday in the midst of an already controversial earthquake relief effort. One has to ask who is behind this, President Alan Garcia said after a Lima newspaper reported that the polemical tins were being distributed in the quake-ravaged region south of the capital ... This is a damaging... (Yahoo News -- Peru)
Peru quake hit rural areas hard Nov 23, 2008
Women take turns at a communal outdoor kitchen preparing food for residents of this irrigated oasis, a patch of green amid the unforgiving coastal desert that stretches south from the capital Lima. Last week s 8. (Yahoo News -- Peru)
Landmarks battered in Peru Nov 23, 2008
Many carmelitanos, as residents are known, left after the quake to join relatives in Lima, the relatively unscathed capital 120 miles to the north; others now sleep in encampments hastily put up in plazas and pitches of grass, a ubiquitous scene in the vast earthquake-ravaged zone ... The earthquake has been a tremendous blow for the Afro-Peruvian community, says Susana Baca, a well-known black chanteuse from Lima who has toured the U.S. and Europe and is a dedicated preserver of the cultural... (Yahoo News -- Peru)
Peru blood banks face HIV crisis Nov 23, 2008
The BBC's Dan Collyns, in Lima, says Peruvians are alarmed and are avoiding public hospitals. He says the government's response to the crisis is unlikely to restore public confidence in the country's flagging health service. (Yahoo News -- Peru)
Bush scrambles for North Korea breakthrough Nov 23, 2008
LIMA, Peru - President Bush snared fresh international support Saturday on the economy and North Korea, emerging from his final world gathering with modest wins and growing nostalgia about his turbulent tenure. Dogged by a collapsing economy late in his presidency, Bush came away with the commitment he wanted from Asia's Pacific nations: a pledge to keep trade flowing and shun protectionism. (AZCentral -- News)
Hu puts forward proposals at APEC meeting Nov 23, 2008
LIMA, Nov. 22 (Xinhua) -- Chinese President Hu Jintao put forward proposals for dealing with major issues in international economic and social development and tackling the ongoing global financial crisis at the 16th APEC economic leaders' meeting here on Saturday ... Second, APEC member economies should take up responsibilities and jointly tackle climate change, he stressed ... All parties should, in keeping with the requirement of the UN Framework Convention on Climate Change and its Kyoto... (Xinhuanet, China)
Hu outlines China's development Nov 23, 2008
Chinese President Hu Jintao delivers a speech during the Asia-Pacific Economic Cooperation (APEC) CEO summit in Lima, capital of Peru, Nov. 21, 2008 ... LIMA, Nov. 21 (Xinhua) -- Chinese President Hu Jintao on Friday gave a brief outline of the country's future development to the business community of the Asia-Pacific Economic Cooperation (APEC) ... LIMA, Nov. 21 (Xinhua) -- Chinese President Hu Jintao on Friday urged the business community of the Asia-Pacific Economic Cooperation (APEC) to play... (Xinhuanet, China)
APEC LEADERS: Endorse ban on protectionist measures Nov 23, 2008
U.S. President George W. Bush, center, poses with his South Korean counterpart Lee Myung-bak, right, and Japanese Prime Minister Taro Aso on Saturday before their bilateral meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Lima. LIMA, Peru (AP) Leaders from 21 nations that account for half the world's economy pledged Saturday not to implement protectionist measures for the next 12 months no matter how punishing the global downturn gets ... He did not send... (USA Today)
Meeting set on N. Korean nukes Nov 23, 2008
U.S. President George W. Bush, right, is greeted by Peruvian President Alan Garcia as Bush arrives at the Ministry of Defense Convention Center for the first meeting of the Asia-Pacific Economic Cooperation (APEC) summit in Lima on Saturday. LIMA, Peru (USATODAY.com) President George W. Bush scrambled allies Saturday to secure a North Korea disarmament deal before he leaves office, rushing hard for a late, legacy-shaping win. (USA Today)
Leaders of Asia, Americas face pressure on economy Nov 23, 2008
LIMA, Peru (AP) - Leaders of Asia and the Americas faced mounting pressure Friday to stop the spread of the financial crisis and resuscitate moribund free-trade talks as they flew into Lima for a weekend summit ... Leaders and experts in Lima, pointing to the past week of sharp plunges on stock markets in the United States and Asia, said much more action is needed to protect world economies ... "Countries should enhance confidence ... and take prompt and effective measures, including all... (The Star Online, Malaysia -- Business)
White House: Meeting Set on N. Korean Nukes Nov 23, 2008
LIMA, Peru -- Representatives of the U.S. and other nations trying to get North Korea to give up its nuclear weapons have agreed to meet next month to persuade the communist nation to comply with strict measures that would prove it is not hiding any active atomic programs ... Bush was in Lima to attend his eighth and final meeting of the 21-nation Asia-Pacific Economic Cooperation forum. (Newsmax)
Bush brings pro-trade theme to APEC forum Nov 22, 2008
LIMA, Peru - President Bush arrived in South America yesterday for the final scheduled foreign trip of his presidency, hoping to bolster confidence in efforts to rescue the global economy and move forward on North Korean nuclear disarmament ... The president "will be seeking to build on the results" of the Washington conclave, Dan Price, assistant to Bush for international economic affairs, told reporters in a briefing en route to Lima ... Bush was holding several one-on-one sessions in Lima,... (Boston Globe)
Bush pushes economy, N. Korea progress Nov 22, 2008
President George W. Bush and Chinese President Hu Jintashake handsahead of a private meeting on the sidelines of the Asia-Pacific Economic Cooperation summit on Friday in Lima ... LIMA, Peru - In a final diplomatic dash, President George W. Bush on Friday moved to steady a shuddering economy and speed up the demise of North Korea's nuclear weaponry ... Modest goalsBush's pace picks up Saturday in the Peruvian capital of Lima. (MSNBC -- International)
Arroyo husband falls ill on plane Nov 22, 2008
Jose Miguel Arroyo, known as Mike, was accompanying Ms Arroyo as she travelled to a summit in Lima, Peru. The plane made an emergency landing at Kansai airport in Osaka, Japan, where doctors were reported to be on standby. (BBC News)
Bush and Hu meet at Apec summit Nov 22, 2008
The meeting took place as leaders of Pacific rim countries gather in the Peruvian capital Lima ... While in Lima, Mr Bush is also to meet the leaders of the other countries - Russia, Japan and South Korea - that are party to the on-and-off talks on North Korea ... Mr Bush arrived in Lima at the end of a week that saw further drops in stock markets, the highest US unemployment figures in more than a decade and no Congressional agreement on a bail-out for troubled American automakers. (BBC News)
Leaders of Asia, Americas Face Pressure on Economy Nov 22, 2008
By JOSEPH COLEMAN Associated Press WriterLIMA, Peru November 21, 2008 (AP) The Associated Press FONT SIZE. China's President Hu Jintao listens to a translator through headphones during a meeting with CEO's in Lima, Friday, Nov. 21, 2008 ... Hu Jintao is in Lima to attend the Asia Pacific Economic Cooperation, APEC, summit. (ABC News -- Wire)
Microsoft: No Job Cuts Here Nov 22, 2008
(11-21) 11:20 PST LIMA, Peru (AP). Not everyone is slashing jobs in these grim economic times. (San Francisco Chronicle -- Technology)
Canada, Colombia sign free-trade agreement Nov 22, 2008
LIMA, Peru A Canada-Colombia free-trade agreement was announced Friday shortly after Prime Minister Stephen Harper arrived in Peru for this weekend's Asia-Pacific Economic Co-operation summit. Mr. Harper approved the deal Friday evening after he landed in Lima, the Peruvian capital ... As if to underscore the point, his government announced the free-trade deal with Colombia shortly after Harper's plane landed in Lima for the summit. (Globe and Mail)
Business execs urge economic stimulus plans from global leaders Nov 22, 2008
By Teresa Cespedes and Terry Wade, Reuters LIMA Business executives from Asia and the Americas called Friday for economic stimulus packages to offset the global financial crisis ... Days before Bush's last visit to Peru, in 2002, leftist guerrillas killed 10 people when they exploded a car bomb near the U.S. embassy in the coastal capital Lima ... On Friday, thousands of police patrolled Lima to prevent any similar actions by insurgents, who recently have carried out a series of attacks in... (USA Today -- Money)