Your town. Your news. Your take.

Local News: Los Angeles, CA 

 | 

Sign Up

 | 

Sign In

 
Advertisment

May 10, 2008

Haiti's PM nominee sees no quick fixes

“I told (Preval) not to put my name forward if my chances were not at least good”

An international banker nominated to be Haiti's next prime minister said Friday that Haiti must concentrate on long-term strategies to help the millions pushed deeper into misery by higher food prices.

In an interview with The Associated Press, Ericq Pierre promised to back President Rene Preval's far-reaching plans to address soaring prices, increase national food production and create jobs.

Pierre, a senior official with the Inter-American Development Bank, said it will take decades for the country to build up the revenues and resources needed to address the poverty and high prices that sparked deadly riots in April. Read more

Read full story from The Associated Press

Leave a Comment

Comments

Type in your comments to post to the forum
Name
(appears on your post)
Comments
Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent Banking Discussions
Topic Updated Last By Comments
The Inevitable Collapse of China's Banks (from Jul '07) 3 hr Veritas 251
Investors accuse Citi execs of "suspicious" trades 4 hr Just An Obse... 1
Reports: Citigroup top execs to give up bonuses 4 hr abc 11
School District to Bailout: We Want In 5 hr Greg 15
PFF now U.S. Bank 5 hr Fred 11
BG needed 7 hr Dale 1
Regulators OK plan to stabilize giant Citigroup 7 hr Gomer 39