Bolivia president Evo Morales called on the member countries of Mercosur to band together to ward off the destabilizing effects of the global financial crisis Monday.
Speaking at the Presidential Mercosur Summit in Paraguay, Morales warned “international markets cannot be trusted” and that countries whose economy depend on primary materials are particularly vulnerable.
"Morales: We have still not completely taken advantage of Mercosur's comprehensive stability."
Mercosur | Evo Morales stresses the necessity for further regional integration pic.twitter.com/O25elk80Hz— teleSUR English (@telesurenglish) December 21, 2015
He argued that price manipulation and gauging are strategies of a Western economic war “to widen international geopolitical control” over Latin America and undermine the socialist gains in the region.
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