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Edition: U.S. Article Save Email Print Reprints Most Popular Most Shared Exclusive: IRS hires "hundreds" for new wealth unit 11 Dec 2009 Abu Dhabi throws Dubai a lifeline, terms uncertain | Video 2:30pm EST Obama tells bankers it's payback time 2:20pm EST Berlusconi attack prompts Italy soul searching | Video 10:41am EST Nike chairman stands by Tiger Woods: report 9:58am EST Exclusive: IRS hires "hundreds" for new wealth unit 11 Dec 2009 Abu Dhabi throws Dubai a lifeline, terms uncertain | Video 2:30pm EST Experimental drug kills breast cancer stem cells 11:19am EST Exxon Mobil to buy XTO Energy in big U.S. gas bet 2:22pm EST BA crew to strike over Christmas 12:55pm EST Brazil, U.S. find common ground on Honduras: official BRASILIA Mon Dec 14, 2009 11:04am EST Related News Brazil, Peru condemn Honduran limits on Zelaya Sat, Dec 12 2009 Honduran coup leaders want Zelaya to make pledge Thu, Dec 10 2009 Honduras rulers say Zelaya's planned exit on hold Wed, Dec 9 2009 Honduras rulers to give Zelaya safe passage Wed, Dec 9 2009 TIMELINE: Ousted president Zelaya to leave Honduras Wed, Dec 9 2009 BRASILIA (Reuters) - The United States and Brazil agree ousted Honduran president Manuel Zelaya must have safe passage to leave Honduras and want the country's de facto president to step down to pave the way for national reconciliation, a senior Brazilian official said on Monday. World | Brazil "We believe that (de facto) President Michelleti should leave, it's the first important step," Marco Aurelio Garcia, President Luiz Inacio Lula da Silva's foreign policy advisor, told reporters. "It's also fundamental that a safe passage be given to (ousted) President (Manuel) Zelaya," Garcia said after meeting with the U.S. Assistant Secretary of State for Western Hemisphere Affairs Arturo Valenzuela. Both sides played down differences on Honduras. Unlike Washington, Brazil did not recognize the legitimacy of Honduras' presidential elections last month. "We coincide in something: for the Brazilian and the U.S. governments the election is insufficient to normalize democracy," Garcia said, adding that they still had a "small difference" over the results of the election. Brazil had previously warned that Washington would become isolated in the region by recognizing an election much of Latin America considered illegitimate because it was born of a coup. "We really agree on some of the fundamental aspects of our relationship, and we have a similar view of many of the issues in the hemisphere," Valenzuela said when asked about the differences with Brazil over Honduras. Soldiers grabbed Zelaya from his home in June and threw him out of the country in his pajamas, sparking Central America's worst political crisis since the Cold War. He later sneaked back into Honduras to take refuge in the Brazilian embassy and conduct a campaign for his return to power. Attempts for Zelaya to leave the country following the November election have failed. Last week he said the de facto government would allow him to leave the country only if he signs a letter dropping his demand to be reinstated as president. His term in office was scheduled to end on January 27. State Department spokesman P.J. Crowley said in Washington last week that it was up to Zelaya to decide whether to stay at the Brazilian Embassy in Honduras or move to another country. Washington and Brasilia agreed to set up a permanent dialogue to help end the Honduran crisis, Garcia said. (Reporting by Raymond Colitt, editing by Jackie Frank) World Brazil More from Reuters The face of climate protest Protesters around the globe called for an end to global warming as climate talks in Copenhagen entered their sixth day. Video Climate conference Obama takes "fat cats" to task Backed by Americans outraged by multi-billion dollar bailouts, President Obama met with a dozen of Wall Street's top bankers in a bid to crack down on the so-called "fat cats" largely held responsible for the financial crisis. Full Article Factbox: Who's at the meeting? Citi to raise $17 billion to repay U.S. Executive Compensation Special Report: SAC disciples leap, and flop Former traders from SAC -- one of the world's most profitable hedge funds -- who leave to start up their own shops with money from their former employer have produced a surprisingly consistent string of duds. Full Article The most feared man on Wall Street An uncertain future for hedge funds Hedge Funds © Copyright 2009 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal ECVJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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