Glum Spain hosts summit for booming Latam nations


CADIZ, Spain (AP) — Spanish Prime Minister Mariano Rajoy is opening the Iberoamerican summit, which brings together Latin American leaders and the heads of Spain and Portugal, the former colonial powers.

The meeting comes at a time when Latin America basks in strong economic growth and Spain and Portugal are stuck in deep recessions and struggling with high debt.

Heads of state from Mexico to Chile started arriving Friday in the port city of Cadiz, where conquistadores centuries ago unloaded riches taken from former Spanish colonies.


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Police in Cadiz fired rubber bullets Friday afternoon at shipyard workers trying to disrupt the summit with a demonstration against mass layoffs that disrupted traffic for an hour.

© 2012 The Associated Press. All rights reserved.

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Glum Spain hosts summit for booming Latam nations


CADIZ, Spain (AP) — Spanish Prime Minister Mariano Rajoy is opening the Iberoamerican summit, which brings together Latin American leaders and the heads of Spain and Portugal, the former colonial powers.

The meeting comes at a time when Latin America basks in strong economic growth and Spain and Portugal are stuck in deep recessions and struggling with high debt.

Heads of state from Mexico to Chile started arriving Friday in the port city of Cadiz, where conquistadores centuries ago unloaded riches taken from former Spanish colonies.


advertisement

Police in Cadiz fired rubber bullets Friday afternoon at shipyard workers trying to disrupt the summit with a demonstration against mass layoffs that disrupted traffic for an hour.

© 2012 The Associated Press. All rights reserved.

More articles filed under Business News

Leave a Comment

Please use the comment box below for general comments, but if you feel we have made a mistake, typo, or egregious error, let us know about it. Click here to "call us out." We're happy to listen to your concerns.