The Broader, International Context for an Obama New Deal

Promoted. Originally posted 2009-03-14 09:07:50 -0500. -- GH

Today  Brazil's President Luiz Inacio Lula da Silva will be meeting with President Obama in Washington. Their agenda will be focussed on the world economic crisis, although other subjects such as trade relations between Cuba and the United States are expected to be discussed as well.  Time Magazine discusses the Latin American aspect of the visit, and da Silva's potential role in helping to ease US relations with Venezuela's President Hugo Chavez.

Both presidents will be attending to important international conferences in April. On April 2 the annual Group of 20 meeting converence convenes in London. How to deal with toxic assets (better described--please excuse my vulgarity--as a furious debate on who will carry the can).  The banker's side of the story is discussed in this Bloomberg Wire. Later in the month Summit of the Americas wil be taking place in Trinidad. David Ignatius gives a more straightforward account of the issue under dispute in the Washington Post (in an article datelined tomorrow).