in latin america in the southern part of latin america in south america, -- the region really that has benefited from commodity price, the rise in commodity price -- [inaudible] central america has not seen that much. what i would like to combine two and i think it's one thing she would say, latin america has been a lost continent for the u.s. i think is true for most emerging markets, true, and for a certain extent it's also true for issue. i mean, china a few years ago was -- [inaudible] and really for the rest of asia. i think that's extremely important. but what is concerning me, the point talk about the differences between what's happening in mexico and what's happening in latin america, what's concerning to me is latin america like many is falling behind which compared to growth in asia, even growth in south africa. [inaudible] it's done very good on the agricultural side but it's very poor on the industry, manufacturing side, and more importantly -- [inaudible] i know there are certain countries in latin america were education is a very important day of investment. but by and la

in latin america in the south, southern parts of latin america, it's about 2.5-3% with the larger countries. so the region, really, that has benefited from commodity price, the rising commodity prices and the appetite of the -- [inaudible] from china is south america. central america has not benefited that much. but what i would like to come back to and, i think, pick up on one of the things you were saying, latin america's been the lost con innocent for the -- continent for the u.s. i think it's true for most emerging markets. it's true for africa until recently, and it's also true for asia. i mean, china, until 15 years ago, was also -- [inaudible] part of the world. same thing with india and really for the rest andasia. and i think that's extremely important. but what is concerning me and that's why i started the point talking about the difference between what's happening in mexico and what's happening in the rest of latin america, what's concerning to me is the fact that latin america by many measures is falling behind when you compare to the growth in asia, when you compare even to the

many books have been written about your wiki leaks in latin america the last one by two argentinian authors featuring a country by country analysis and in the case of ecuador it shows how in a shameless way the media did not publish those cables or news which affected them for instance disputes amongst information and news groups in the end to avoid being discredited they reach an agreement not to air their dirty linen in public i will read you one of the wiki leaks documents the ecuadorian press never published we don't know get a fact the press feels free to criticize the government and yet it is unable to do so with a fugitive banker and his family business is speaks volumes about where power resides in ecuador or poorly because we collect these other messages made public by wiki leaks published by the ecuadorian press. this is just for you to see what we face in ecuador in latin america yeah we believe my digitally and that the only things that should be protected against information sharing and freedom of speech and the comments are those set in the international treaties. in t

people think about the united states and its involvement in latin america and in ecuador. well as ever says the only country that can be sure never to have a coup d'etat is the united states because it hasn't got a us embassy. in any event i'd like to say one of the reasons that led to police discontent it was the fact that we cut all the funding the us embassy provided to the police. for and even a year after we took office we took a while to correct this before there were whole police units key units fully funded by the us embassy his offices in command were chosen by the us ambassador and paid by the us and so we have increased considerably the police's pay however as their salaries were coming from somewhere else they didn't even notice we did away with all that there are some who still long for those times which will never come back although relating to the us has always been a relationship based on affection and friendship by guards in the framework of mutual respect and sovereignty. i lived in the us for four years have two academic degrees from there i love and adm

this is hardly ever seen in latin america. these are just myths please bear in mind here the media power was and it probably is greater than the political power. in fact it usually has a self-serving political economic social power and above all informative power this political moment. is already. putting forth and it is the big voters the powerful legislators see the mighty judges the have set the media agenda is this way they have subdued governments presidents and courts. let's stop a train this image of poor and courageous journalists saying like media trying to tell the truth and tyrants autocrats and dictators trying to hinder that when it isn't true is the other way round the governments trying to do something for the majority of the people are persecuted by journalists we think that by having a pen and a microphone log they can direct even their resentment against you so much they often insult and slander out of sheer dislike what they mean these are mass media serving someone's private interests. it's not about anti b

back to what it used to be but we are optimistic but a time when we have demi steps we believe latin america is changing and if we keep on going down that path of change the change will gain momentum. no it is not just a time of change we are witnessing a change in latin american history we have to go on with these policies to introduce economic policies where society rules the market and not the other way around when society and life and people turn into merchandise to continue to pursue justice and social equality overcoming the many injustices of previous centuries respecting our indigenous peoples and afro descendants and other minority groups yes they see if we remain committed to this latin america will have a great future and it is the region of the future we have everything it takes to be the most prosperous region in the future if we haven't achieved it yet. because of bad leaders bad policies and bad governments. and this is what is changing in our america i'm not here to look at that. thank you president correa as he. is really a pleasure to meet you julian at least in this way an

we love the metaphors and this is the amazon and the ebay of latin america, and this is the store ri mazon we have a strong valuation market, and when it comes the paypal, the mercado which is there, and the payless system, and latin americans are slow to adopt to the payless system to force them to give the credit cards over the internet, et cetera. this is where they have the trust. they are well insulated on the ground, and the online growth in latin america is unbelievable. they have been there and ahead of amazon coming in september. they have a serious leg up. the growth year over year is 30%, and the earnings per share is dwarfing that of amazon, and this is a place where, again, an expensive valuation historically has been rewarded with this type of growth. i think that you are kind of in value territory for meli, because you have a stock that sold off in the valuation, and offering a discount the amazon. so in short, this is a company that is to me, you know, effectively if i'm thinking of mercado libre i'm think of the amazon and the smartphone, and amazon as the blackberry.

latin america is doing very well right now. it's one of the few reasons that is growing and weathered the economic storm and created innovative policy models. i want to give you one example. that's brazil. brazil is the only brick that has decreased in equality over the past five years. many of you may be familiar with the brazil conditional cash tran first program. in brazil, it started out as a program, and it's now grown significantly. they have launched a new component of it that. behind the program it's to target the poorest of the poor in the country. so the previous conditional cash transfer programs essentially took people who are very -- who are lower income and moved many of them into the middle class. interestingly, when we think about development, out comes many of the middle class, these newly middle class brazilians. their first investment items, they are investing first in education for their children and then second they are investing in personal computers for education for their children. when you are giving pe

this is one of the many, many examples that i encourage us to look at from latin america and from the developing world as the whole, and i think aid is a two-way street and we have an awful lot to learn from our neighbors to the south. thank you. [ applause ] . >> thank you, judith. so now we come to the point of the program where we invite the audience to ask questions of the panelists. and we have about 30 minutes, because this panel ends at 11:50. i understand we are encouraged to leave the premises at about that time. question? yes, sir. do you have -- sorry. >> do i have to wait for the microphone? >> it's right above you. >> oh, there it is. the previous panel was on global warming, and so i want to know if there is a way to avoid this being a zero sum gain? you talked about development and i am very well aware of the fact that in pakistan, there is talk about putting in a huge dam that may raise carbon dioxide levels, so is there a way to not contribute to t contribute to what the previous panel spent a lot of time on. >> did everybody hear the question? >> no. >> the question

narrator: in the subregion of latin america called "southern south america," the country of chile isvolcanoes and earthquakes. but here, pacific rim dynamism is more about economics than plate tectonics. 2,500 miles long and averaging just 90 miles wide, this elongated state spans diverse range of natural environments. each of those environments offers opportunities based on those activities,vity. chile has grown a dynamic export economy. th growth has brought numerous changes to chile's human geography, incling gender rolbrought d settlement patterns. chile's capil,antiago, is the cenr of tountry's service sector, the largest partf its economy. oers in soun amic santhe resultvingeupe popun of mostly spanish colonization over several centuries. but more recently, chile'sthe primary snt foreign connecto the osideorwith europe. are best seen here, in valparaíso, chile's largest port. foreign trade is a cornerstone of the new economy, and most of it is with pacific m countries, including the united states. man: chile has become one of the most rapidly growing economies in terms of its e

latin america is exported and $90 billion to china. but they are also importing $90 billion from china. i don't think china cares. yeah, i think it is becoming a strained relationship. several factors that possibly -- lack of concerns of proper government, corruption, also long-term diplomatic aspects. >> people will focus on latin america often talk about china is that nonchalant. they are the second-biggest economy in the world. nobody can escape that. if that happens soon, the situation in europe is going to be very damaging for other continents, not just latin america. >> we have another question right here. wait for the microphone to come. >> what are the arguments supporting the relationship with india in the united nations? [inaudible question] >> can you repeat the last part? >> we did not catch the last part. >> would you like me to repeat the question? >> please. >> what are the arguments for supporting the relationship with india in the united nations? and is it true that germany should be better, and is it also true that wi

you know, one of the lessons of the financial crisis in east asia and latin america in the 90s was mack control economic stabilization isn't enough. if you don't get basic nutrition, you can lose a generation. if you don't get kids if school, you can lose a generation. now, the good thing is starting in mexico and then brazil, they developed these conditional cast transfer programs that for a half of 1% of gdp, which certainly would make me envious if i look at u.s. budgets. they're able to deal with 15 to 20% of the bottom of the population and they connect the money with requiring kids to go to school and get basic health checkups so probably done more for women's health than anything in the history of mexico. at the same time we also learned lessons, like for example in the study in brazil showed if you give money to the woman head of household, you get much better use in the community than if it's the men. and in brazil and now mexico, we're trying to -- they're trying to expand it to financial inclusion by using cards so move beyond sort of the cash system. now, we've helped expand

we know china is one and southeast asia is one, latin america, sub-saharan africa is growing 5% to 6% a year. these provide opportunities to also sell goods, make investments and so you know, as the world economy grows it's going to benefit developed countries. that's one thing. second, if you don't pay attention, these become breeding grounds of problems. so whether it's afghanistan or that i was talking about with the development, you can't environment security unless you figure out some way to have an economy sort of based on it. whether it's based on the transnational spread of health problems and diseases and pandemics or refugees or immigration, you know, you all have sort of the commonality of interest. so it really covers security, it covers economics. it covers the environment. and you know, if you just take the united states, you know, it's 4% of the world's population. you know, 20% or more of the world's economy. you got an interest in what's happening out there, whether it's from your own sense of ethics or whether it's your economic or security self-interest. so institut

defines what reforms are possible i want to know you see justified and what is he's vision for latin america is he hoping i can hear president correa. well are you in england i am in england under house arrest now for five hundred days five hundred charges ok ready to say that i was one of the. spanish you know ok so let's try to see if we can do that. what is the ecuadorian

well he's being called one of the most democratic leaders in latin america's history and a champion of the pore acquittals president rafael correa appears on a whistleblower julian assange just program on tuesday exclusively here on r.t. from coups to oust him to strain relations with the u.s. he describes the challenges he faces under attack from the rich and powerful our london correspondent laura smith has more. tomorrow is the sixth episode of julian assange his interview show and his guest is rafael correia who's the president of ecuador he is a controversial figure he's a left wing populist and one of latin america's most progressive leaders and he's actually a beneficiary as you might say of wiki leaks in that one of the cables released revealed that the u.s. had been supporting a structured campaign by a powerful businessman to destabilize korea's government back in two thousand and seven the us embassy cables also reveals that korea is the most popular president in ecuadorian democratic history but of course that popularity doesn't sit well with everybody and in fact there was

there are countries in latin america and africa and elsewhere that have concerns that the u.s. and u.s. corporations have too much control over ican. we've heard that. some of the groups also share that concern. this the one of the things that public knowledge would like to do as we get more ramped up here is work with our allies, particularly in the global south, brazil, latin america, to try to convince those civil society groups that no, this is important, this is about freedom of expression, an open internet, not some u.s. corporate plot to take over the internet and please, talk to your delegations and express those concerns. that's what we see our role in. >> the second note of caution i want to put out there is that we have to be a little careful, not to hold up multi-stakeholderism as sort of the magic coin that solves all matters of internet policy. randy asked, i'll take an extra 30 seconds to explain what groups do. they are basically groups that include industry, civil society, public sector government, that come around to table or many tables, to discuss sometimes

which of course is never far from politics in latin america was somehow involved. is the only country that can be sure never to have a coup is the united states because it doesn't go to u.s. embassy. in any event i'd like to say that one of the reasons that led to the police disc in turn was the fact that we kept all the funding the u.s. embassy provided to the police there will hopefully soon it's key units fully funded by the u.s. embassy whose office is in command which chosen by the u.s. ambassador and paid by the u.s. we did away with all that. after that coup correia kicked out the u.s. ambassador who was there at the time correct talks about the arrogance of the ambassador in that time when he when he told her that she was going to be kicked out and of course this is all part of a wider plan for ecuador to pull away from the u.s. part of that also is a career's refusal to extend the lease on u.s. bases stationed in ecuador there are many reasons for that let's hear him talking about just one of them. but i was not a problem to senator for us you know he said

annenberg media ♪ captioning sponsored annenberg/cpb narrator: in the region of latin america, a keyeographical issue isopulation-- its distributionand rad. inheub-region ofexico, welso okpolation moveme, or migration both within mexico and north tohe u.s. we explore a major and unexpected source of migrants caedolw re weskf e usion can change the rate of flow, or if a new u.s. border policy is having an untended consequence. ( helicopter whirring ) narrator: every day, thousands of mexicans cross the border illegally into the united states. ofte those hopes are arreste manyre at the border.o. man: ahora lista pont la mano en frente... narrator the u.s. i.n.s., or immigration and naturalization service, records each apprehension on standard forms, including one entrywith hid: it was the migrants' home towns inexico. that's whabringseographe richard jones tohe i.n it was the migrants' home towns with a novel reseaplan. jones knows that economic conditions vary greatly om region to region in mexico. he suspects that some places drive out-- or "push"-- many more migrants to the u.s. tha

that were exposed to the institutions in latin america were completely insolvent all of the big bags and so we extended this whole problem out with for another seven years until one thousand nine hundred. point that's when we had the savings and loan crisis and so you can extend these things for a very long time right and then the question also is what are we overlooking in the meantime because we have been so focused on the play by play of this euro zone crisis not as much talk about other parts of the world is there a bigger picture that is being overlooked with problems brewing or slowdowns in asia or latin america or the us one hundred percent i think there is i mean you know. china the bubble has burst in their housing you know their economy is slowing down incredibly rapidly they're all everyone's talking about infrastructure spending stimulus except for them to to counteract that india they're in a stagflation environment inflation is still they have a huge amount of government debt seventy percent government debt to g.d.p. at the same time. they're not not too bad not going t

. >>> a leading cause of death in latin america. does the scary parasitic disease pose a growing threat here in the united states? >>> and a runway emergency in chicago where a giant cargo jet collides with an airliner. we'll bring you the very latest. i'm wolf blitzer. you're in "the situation room." -- captions by vitac -- www.vitac.com >>> president obama telephones mitt romney, congratulates him for going over the top in the republican delegate count and over the top comments with supporter donald trump has created a distraction. you've heard trump question the birthplace in "the situation room," now romney is trying to move on. here's our national political correspondent, jim acosta. >> wolf, mitt romney has left las vegas, but donald trump is refusing to leave the campaign stage. >> americans are tired of being tired. >> now that he's crunched the number of delegates to win the gop nomination, it's victory lap time for mitt romney. get the checkered flag this new romney campaign video is all about the stars and stripes. >> we'

so if you look at the history of a lot of state-owned enterprises say in latin america, they're not as competitive. they're protected and they may be a good deal for those who are part of it but they're not such a good deal for the society as a whole. you know, and here's an interesting issue. you're starting to see in the discussion of mexico the role of pemex which was part of the history and tradition of the mexican revolution and the role of the pri, but the pri candidate, you know, has actually been sort of saying maybe we need to relook at this. now, and because if you look at the revenues for mexico, a big share come from pemex and the amounts have been going down, the performance is worse, the environmental performance isn't as good. on the other hand, you have some state owned companies like saudi an ram cole that actually are run quite well. so one of the things it tried to encourage was maybe to have the mexicans look at some of the other models but also whether they might approach sort of a change to consider additional role of the private sector. i think what the bigger is

with these other nations of latin america and north america and south america. we have extraordinary economic fraternopportunity. what castro is doing, we should be actively involved in communicating and promoting our values. we should be advocating human rights throughout latin america. i am concerned about what is happening in the middle east and china, but i care about what is happening in latin america. we need a president who is focused on opportunities and the needs in our neighborhood as to do in the rest of the world. i am increasingly optimistic about the future of this country and our economic future and prosperity for our kids. one, an enormous market in latin america that we have an advantage in being able to access. two, innovative and creative people. 3, massive energy resources that are suddenly becoming available at very low costs. natural gas, for instance. it will be manufacturing back to this country. the opportunity for a leader who understands what it takes to get this economy going. you will see it completes re- direction in america posted

and he flew it all over the united states and all over latin america. on occasion he took up passengers, but on his lap. but he was the only one to fly it. but, yeah, he -- from my understanding, he's about the only one who could fly it. it's a very hard airplane to fly. the story goes that one of the replicas that was made for the movie, "spirit of st. louis," was being flown by paul plant, one of the movie stunt pilots, and he didn't like the airplane. he said this thing, a handful. it just wants to, you know, go anywhere it wants to. it's not a very steady airplane. and they allowed lindbergh to fly it. and lindbergh flew it around with a big grin on his face and said, the guys did a great job, this flies just like -- [laughter] mantz got a new appreciation for how good he was. >> ladies and gentlemen -- [inaudible] prison -- [applause] >> every sunday at 6 p.m. eastern booktv airs a program from our archives that coincides with a significant occasion that happened that week in history. for more history programming, check out american history televis

is latin america your best investment bet right now? we're talking with blackrock's will landers about his favorite stock picks. welcome to "the fast money halftime report." lots of trade. let's talk to the traders now. i sure hope they didn't sell on this first day of may, pete najarian, because when the ism report came out and it was better than expected, the market started to move higher. >> absolutely exploded to the high side. look at the volatility index. the latter part of april, we started to slip underneath the 50-day. we're back there again. just for a number look-up, 1710 on the volatility index. we're wl below that now, trading in the 16s. but look at big-cap tech, look at coal, look at the copper names, the steel names, the participation. even yesterday on a down tape, look at some of those coal and steel names, some of that participation from names like peabody energy. take a look at southern copper, walter energy. a lot of these names have been performing. but big-cap tech, going to and through highs. intel, ibm, all acro

we get more ramped up here is work with our allies, particularly in the global south, brazil, latin america to try to convince those civil society groups that, no, this is really important, this is about freedom extension, this is not a

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latin america, caribbean? i know europe is troubled. are you seeing it like a disaster? >> we see a couple different pictures in europe. for example, amsterdam is weak and europe is strong. >> northern countries doing good. >> better. the global destinations are better what we're seeing is the developing world with the richest opportunities for us. china, india, brazil, africa, these places are exploding. >> i want to get your take on something outside of that. there's a walmart bribery case happening in mexico. listen to what was said yesterday with carl quintanilla. want to get your reaction to that. >> we're talking about the chairman, ceo, former c oechlt. head of the ought dit committee back then when we registered these concerns. what we need is a board looking for the long-term shareholder value. >> what do you think about that? would you be poised to step off the board? >> walmart is obviously focused on creating shareholder value. i'm not here, obviously, to speak about walmart. and we'll watch this play out. >> were you appalled by those comments? >> it's just

down there, and one of the great opportunities we see not just in latin america but around the world, in third world countries, is being able to use the internet to help bridge the gap between those in the rural area, can't go to secondary school, get the education. a lot of the things that we take for granted, third world rural people don't have access to. it's absolutely essential that the internet is available and the broadband's available to bridge that education gap in third world countries. the question is, some 6 these countries are looking at the international telecommunication union as part of the solution on that. how should we respond to their legitimate concerns and how do we coordinate them, make sure that that moves forward? because this probably does more to help third world country in progress than a lot of other stuff we spent trillions of dollars on. i yield to -- >> the itu has a development center. we participate in the it quite extensively and think it is very available in collecting and disseminating best practices, capacity building, things of that nature. it a

>> yeah, i mean, you know, i've seen this not just in latin america. i teach creative writing classes. and in the past i've sometimes seen, you know, all the work i have to do to get the female students in the class to speak up, while the kind of boys sit there and sort of dominate with their... you know, it's funny with their raunchy jokes and everything. but often the most talented girls in the class, they'll sit over there in a row, they're doing the best writing, and they're terrified, right? and it's somehow... i don't know why it is, but so often, like every... so many young male students who decide they want to write think they're geniuses the minute they write, like, their first sentence. and fiction... >> hinojosa: i've never experienced that, ever. >> and the women, you know, are just sometimes the most, you know... something... are much shyer about their voice, and much me insecure about their voice, and much more... and it's especially compounded, i think, sometimes for latin american women, especially from a culture like mexico. and so...