U.S. President Donald Trump’s pick to run Latin America’s main financing institution appears poised to win the top job in this weekend’s election amid faltering regional opposition to having a U.S. citizen run the bank for the first time in 61 years.
Mexican President Andres Manuel Lopez Obrador’s administration plans to support Argentina in the race to lead the Inter American Bank, a key Washington-based multilateral lender, in another sign of political rapport between the region’s two most important left-wing governments.
The Inter-American Development Bank on Friday called off next week’s meeting of its 48 member countries in China after Beijing refused to allow a representative of Venezuelan opposition leader Juan Guaido to attend.
The Euro crisis is the “greatest external economic risk” for Latinamerica warned the Inter American Development Bank Luis Alberto Moreno who nevertheless said he was convinced the world with end acknowledging the efforts from the European Union and Spain.
Leading figures from the public, private, and academic sectors will participate in the annual meeting of the Inter American Development Bank, (IDB), In Uruguay, March 15-19, to examine issues that include the European crisis, youth employment, citizen security, culture and sports for youth development, climate change, and cooperation between Asia and Latin America.