Indonesian Political, Business & Finance News

Bush struggles for support at Latin America summit: President

Bush struggles for support at Latin America summit: President George W. Bush struggled to persuade leaders across the Americas to back his economic, trade and security agenda at a summit on Tuesday but faced skepticism as many edge away from U.S. policies. Bush called on Latin American leaders to embrace market reforms, greater democracy and quick progress on a contentious Americas-wide free trade deal. "Over the long-term, trade is the most certain path to lasting prosperity," he said. -- Reuters

Denktash approves new Turkish Cypriot Cabinet: Turkish Cypriot leader Rauf Denktash on Tuesday approved a new coalition government for the breakaway Turkish Cypriot state that has promised to work toward reunification of the divided island before a May 1 deadline. The new prime minister will be Mehmet Ali Talat, a leader who staunchly campaigned for the resumption of reunification talks along a United Nations-backed plan. Serdar Denktash, son of Rauf Denktash and leader of a party which previously opposed the plan, will serve as deputy premier and foreign minister. -- AP

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