How Many Words In The Word Wonderland

"MONETARY AREA FROM THE SOUTH" Calda

Venezuela's President Hugo Chavez said Wednesday it will consider establishing a "currency area" common to receive in the Miraflores Palace to the leaders of the countries of ALBA and President of Ecuador , Rafael Correa.

Chávez convened a summit the Bolivarian Alternative for the Americas (ALBA) to treat "from the South" the global financial crisis that have come the presidents of Bolivia, Evo Morales, Nicaragua, Daniel Ortega, and Honduras, Manuel Zelaya, also of Ecuador, Rafael Correa, as an observer.

also involved the vice president of Cuban Council of Ministers, Ricardo Cabrisas, and Prime Minister of Dominica, Roosevelt Skerrit, on behalf of their respective countries.

On the steps of the presidential palace, where he received the leaders and representatives of the other five countries in the group, Chavez said Correa had "come soon" and had treated him "one of the issues we (...) today to discuss going to create in the ALBA is a good proposal, a currency area. "

This Wednesday will meet in Venezuela, leaders Member countries of the Bolivarian Alternative for the Americas (ALBA) to discuss the global financial crisis summit to be held in the South American nation's capital.

President of Venezuela, Hugo Chavez, welcomed the leaders attending the Summit and recalled that the appointment will propose the creation of a currency area, due to mechanisms of trade.

"There is the challenge imposed on us by historical time. Here we are fulfilling the responsibility we have placed our people," said Chavez accompanied ALBA members and the president of Ecuador, Rafael Correa.

The Venezuelan leader said "the South also exists and will be taken in Summit decisions." He added that they will not wait for "arms crossed that the International Monetary Fund (IMF) and World Bank (WB) come to solve problems and especially the great threat that the world has been unleashed that is the great crisis" .

On Wednesday arrived on Bolivia's President Evo Morales. While stepped on Venezuelan soil and the president of Nicaragua, Daniel Ortega and Ecuador's Rafael Correa. The latter assists as a guest and that Ecuador is not part of the member countries of ALBA.

According to a statement released by the Foreign of Ecuador, Correa will use "this multilateral forum to expose the country's efforts to address, from the south, the global financial crisis."

The forum will become an "opportunity" for the Head of State to submit the report to be made the Audit Commission Integral Public Credit (CAIC) in Ecuador, which allegedly referred to irregularities in some parts of the country's debt Andes.

In the afternoon of Tuesday, Venezuela became Prime Minister of Dominica, Roosevelt Skerrit, Vice President of the Council of Ministers of Cuba, Ricardo Cabrisas, and the president of Honduras, Manuel Zelaya, to participate in forum.

is expected at this meeting, representatives of the countries dealt with the Venezuelan leader, Hugo Chávez Frías, the global financial crisis.

Miraflores Palace will be the stage to greet the leaders, who will play a busy schedule of work, which seek solutions to the problems generated by the economic crisis in the region.

The Bolivarian Alternative for Latin America and the Caribbean, consisting of Cuba, Venezuela, Bolivia, Nicaragua, Dominica and Honduras, is an integration proposal that puts the emphasis on the fight against poverty and exclusion social and, therefore, expresses the interests of Latin American peoples.

The ALBA is based on the creation of mechanisms to promote cooperative advantages among nations to compensate the asymmetries between the countries of the hemisphere.

Venezuelan President Hugo Chavez, said on Wednesday that "The South Also Exists" when referring to proposals from different countries are presented to address the global financial crisis.

statements of Venezuelan leader came during the reception for those attending the Summit of Bolivarian Alternative for the Americas (ALBA) to be held in the capital city Caracas.

Chávez stressed that the South will not sit idly by and that from this forum will make decisions.

"We will not wait idly by until the International Monetary Fund (IMF) and World Bank (WB) come to solve problems and especially the great threat that the world has been unleashed that is the great crisis "he said.

"We should not expect anything but ourselves. Sure, we hear the views of the G-20, G-21 G or whatever, but we have things to say. The South also exists. We also exist and we will make decisions, "added Chavez who also reported that during the summit will explore the creation of a" currency area "common.

From the Miraflores Palace, seat of government, President Chavez announced that he and his Ecuadorian counterpart Rafael Correa, who is attending as an observer "and special guest, met briefly before welcoming outside the presidential residence.

The Ecuadorian head of state, an economist, "gave us a class, a proposal to create a monetary zone. We will not wait idly by the International Monetary Fund and World Bank come to solve the problems, "said Chávez.

He noted that given the situation triggered by the "great crisis of the century economic, food and ecological, South Also Exists ", and hoped that the summit alternatives emerge in this situation.

said the invitation to President Correa, responds to a need to work together," because (Correa ) has given us light, due to mechanisms of trade and later to a common currency. This is the challenge imposed on us by historical time and its cargo. Here we are fulfilling the responsibility that we imposed our peoples. "

Chavez congratulated the leaders for the advancement of democracy in their nations, which is now a" popular democracy, a new democracy, "while highlighting the triumph of President Correa in Ecuador with the approval of the new Constitution and the victory of President Ortega in Nicaragua in the recent municipal elections.

Similarly, highlighted as Bolivia "left the imperial moat in the trap and he wanted to sink pitiyanqui", addressing the officer of that country, Evo Morales.

Miraflores Palace is the setting to receive the leaders, who meet a tight schedule work, which will seek solutions to the problems generated by the economic crisis in the region.

The Bolivarian Alternative for Latin America and the Caribbean, consisting of Cuba, Venezuela, Bolivia, Nicaragua, Dominica and Honduras, is an integration proposal that puts the emphasis on the fight against poverty and social exclusion therefore, express the interests of Latin American peoples.

The ALBA is based on the creation of mechanisms to promote cooperative advantages among nations to compensate the asymmetries between the countries of the hemisphere.

Most of my life dedicated to the total liberation of my small country.