Reflections by Comrade Fidel
THE START OF THE
Today the G-20 Summit
began. The experts in economic matters
have made an enormous effort. Some, with
experience in important international positions; others, as learned researchers. The subject is a complex one, the language is
new and demands that we be familiar with the terms, the economic facts, the
international agencies and the political leaders who have the greatest weight
on the international scene. Therefore,
our desire to simplify and to explain intelligibly what is happening in
Nobody was surprised that
Obama was the star of the
What the world deems important is what comes out of it there, that is, if anything comes out at all. Each one of the participants has their own national and even personal objectives, as political leaders who shall be judged by history.
Obama’s objective is, in the first place, to change the image of his country, the principal responsible party for the tragedy from which the world is suffering and the party being rightly blamed for the current devastating economic crisis, in which he has absolutely no political responsibility. As Joseph Stiglitz, the former economic head of the International Monetary Fund and now MIT professor, points out: “He ought to come to say that he is guilty of nothing and that he is trying to solve it as quickly as he can.”
His main European ally, British
Prime Minister Gordon Brown, is the
Brown, on the other hand, is pulling out all stops with the crisis. He hopes to change the regulation of the banking system, promote economic growth, increase cooperation and put an end to protectionism. He recognizes that the negotiations will be difficult.
His motto: “It is better to look ahead than to look back”. Clearly if the voters were to look back, he would win very few votes.
The desire of both allies
in the heart of the G-20 is to minimize the differences between
Sarkozy doesn’t hide his
The draft of the
A few days ago Obama
announced that the
Sarkozy rejoined that his endeavor to put an end to tax havens is serious.
Very close to Sarkozy’s positions, Angela Merkel, the German Chancellor, demands that the agreement not include either the requirement of a tax stimulus plan for the advanced countries, or that debate be opened up about the announcement of a new international currency which is the emerging countries’ demand to the G-7.
“The world is at a crossroads,” Merkel said. “We must do everything possible so that the crisis is not repeated.”
“We have to go further than
what was discussed in
Merkel revealed herself to be on the side of increasing International Monetary Fund funding and stepping up aid to developing countries which are essentially suffering from the impact of the crisis.
Increasing IMF resources
already appears to be a reality. The
As in the IMF, the
The news cables were
announcing that Obama would be meeting with Dimitri Medvédev and Hu Jintao, the
In the superpower’s bilateral encounters with the two great powers, economic problems will surely be tackled, or perhaps agreements that have been patiently discussed and approved through their diplomatic representatives will be announced.
Today, April 2nd, I read a long and detailed dispatch from the Xinhua News Agency, dated the 1st, reporting that “President Hu Jintao of China and President Barack Obama of the United States agreed today that their respective countries will work together to build a positive, cooperative and full relationship in the 21st century.”
“Furthermore, the presidents decided to establish the bilateral mechanism of Strategic and Economic Dialogues.”
“The new commitment,
assumed by both heads of state during their meeting in
“The relationship between China and the United States continues to be one of the most important bilateral relationships in the world in the 21st century, one in which humankind faces enormous opportunities and challenges. In the new era, the two nations have important responsibilities in regards to world peace, stability and development and they also share wide interests.”
“The two parties ought to maintain the rhythm of the times and always conduct the bilateral ties from a strategic, long-range perspective.”
“They must respect and take into consideration the fundamental interests of the other party and take advantage of opportunities, just as they must work together to face up to the challenges of the century.”
“Establishing the China-USA Strategic and Economic Dialogues Mechanism is an important step to promote the bilateral relationship to an even greater extent. Thus, the earlier strategic dialogue between the two countries has been raised to a new level.”
“At a time when the
international financial crisis continues to spread, the two nations must support
one another and work together to weather the storm, and this will favor the
primary mutual interests of
“China and the United States should not only improve the exchanges and cooperation in areas such as the economy, the fight against terrorism, proliferation, transnational crime, climate change, energy and the environment, but they must also strengthen communication and coordination in regional and world issues.”
Such an agreement cannot be discussed in a 60-minute meeting. It was already drawn up in all its details.
It is the
Perhaps the Xinhua dispatch transmits one of the most important news related to the G-20 Summit.
Today it began and concluded as I was writing these lines! Amazing!
Fidel Castro Ruz
April 2, 2009