Economic crisis tops agenda of Apec leaders' summit
The crisis plunging the world into a recession is to dominate an Apec summit in Peru next weekend, along with efforts to firm up an international response to the turbulence.
The November 21-23 gathering of leaders of the Asia-Pacific Economic Cooperation forum will also serve as the swansong multilateral summit for US President George W. Bush, who leaves office in January 2009.
Bush, and 20 other heads of state and government from Australia, Brunei, Canada, Chile, China, Indonesia, Japan, Hong Kong, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, Taiwan, Thailand and Vietnam, will be attending the high-security event.
Organizers said the leaders -- whose countries account for half the world's trade and nearly 60 percent of its gross domestic product -- will be addressing the economic and financial crisis.
Canadian Prime Minister Stephen Harper was to give a speech on how the crisis has affected Apec’s priorities, while the presidents of Mexico and Colombia, Felipe Calderon and Alvaro Uribe, were to examine the implications of the crisis for Latin America and the world.
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