Honduran President Harshly Criticized Current Globalization

HAVANA - ACN

03/04/2009

Honduran President José Manuel Zelaya severely criticized on Tuesday the current neo-liberal globalization and suggested to use part of the money allocated for the financial recovery of banks to fighting poverty on the planet.

In the presence of Cuba’s First Vice-president José Ramón Machado Ventura, the Central American head of state lectured participants in the event on the adjustments required by globalization. He highlighted that the current economic collapse of world capitalism is more serious than the cyclic crisis that has affected that system, which has served to show its deficiencies and mistakes and the resounding failure of the neo-liberal model.

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