- Peru and Chile maintain free market principles and diversification of trading partners
- Brazil, Chile, Colombia and the U.S. implement huge stimulus packages
- Argentina, Paraguay, and Ecuador attempt to protect their economies by imposing new tariffs
- The G-20 summit this April could offer global solution to the crisis
As the G-20 meeting is about to begin in London, the outlook for Latin American growth in 2009 is grim, as the tempo of foreign direct investment (FDI) and loans stand-by credits and development funds plummet, the demand for commodities diminish, and foreign remittances plunge.The World Bank vice president for Latin America and the Caribbean, Pamela Cox, is forecasting 0.3 percent growth for Latin America this year, down from the originally 2.7 percent predicted in January. Cox anticipates that countries most closely linked with the U.S. economy will be hit the hardest. Thus, NAFTA, CAFTA and the U.S.-Caribbean Basin Trade Partnership Act (CBTPA) may prove particularly harmful for Mexico, Central America, and the Caribbean in the foreseeable future.
It is really hard to write on this subject without getting angry. We all know the extent to which Israel can be evil and satanic. After all, we Palestinians have been on the receiving end of Israeli savagery for decades. 
The New Dark Age 