50,000 PROTEST IN SANTIAGO AS CHILE SAYS NO TO APEC

Peruvian economist and development expert Hernando de Soto told a meeting of businessmen that 65 percent of the 21 APEC economies’ populations are excluded from the benefits of globalization, giving the lie to the “trickle down” theory of free trade economics.

“Of the 2,600 million people in the APEC countries, 1,700 million have not managed to join the international market and are not globalized. It doesn’t matter how much talk there is about the World Trade Organization and the Doha Round Table …