New BNamericas reports:IT Spending in Latinamerica 2009|The Vein to follow, HR Mining Study

APEC and the crisis: Protectionist fears

Ceo Summit

Political leaders and business representatives from the 21 member countries that comprise the Asia-Pacific Economic Cooperation (APEC) gathered in Lima recently for a meeting that wrapped up on November 23 with a rare degree of convergence on a handful of issues that have scarcely been touched at previous meetings of a similar nature. Several presidents were present, including China's Hu Jintao, Mexico's Felipe Calderón, South Korea's Lee Myung-Bak and US president George W. Bush, who all called for similar actions such as the importance of not responding to the global financial crisis with protectionism, of boosting public expense and of investing in infrastructure.

The Real Value of APEC

Lima was in a state of excitement during the third week of November. Nearly half the country's GDP and global trade was negotiated during that week in the Peruvian capital as the annual summit of the Asia-Pacific Economic Cooperation (APEC) unfolded. The event brought together some of the world's most powerful political leaders including US President George W. Bush (although his leadership is now more symbolic than real as he nears the end of his administration) along with the presidents of China, Ju Hintao, and Russia, Dmitri Medvédev, as well as a handful of CEOs and business leaders from around the globe who - because of the current scenario - are anxiously awaiting a beacon to guide the way through the global recession that has touched us all.

Government promotes US$7.5bn projects at APEC, García receives heads of state

Peru is promoting a portfolio of projects for US$7.5bn among investors participating in the Asia-Pacific Economic Cooperation (APEC) summit in Lima, state news agency Andina reported.
 
More than 3,600 delegates and eight heads of state are attending the APEC leader's summit from November 17-23. On November 20, the Invest in Peru forum will take place.
 

APEC proposes mobile roaming between member countries

Experts from APEC member countries have suggested working towards a single mobile telephony roaming agreement to achieve greater integration between member economies, Peruvian state news service Agencia Andina reported.
 

Alan García: "This is a growth crisis"

Peru's President Alan García has made a direct appeal to the president of Mexican miner Southern Copper (NYSE: PCU), demanding the company continue with the development of the Tía María copper project.

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