£30bn debts write-off
- - | 11.06.2005 15:13
"G7 package brokered by chancellor will benefit 18 of world's poorest countries immediately."
- -
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- - | 11.06.2005 15:13
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Comments
Hide the following 9 comments
yeah
11.06.2005 16:05
im sick of seeing all this g8 crap the tv and blair being the saviour of africa ffs
lk
What a mistake
11.06.2005 16:33
"Don't worry about running up enourmous debts, we the West will just right it off after a few years and allow you to borrow again".
And what did Uganda spend its new found Credit on ? Arms.
Nice one Gordon Brown
Tony
the whole world is in debt
11.06.2005 19:42
Money is created by banks in a process which creates debt. Orthodox economics is a pyramid scheme and its screwing *EVERYONE* over (unless you're a bank or have property income).
This debt - third world debt included - is completely illegitimate and is a product of the present banking system, not an accurate reflection of obligations to render equivalent goods or services.
debtor
The way I see it...
11.06.2005 21:14
Rant over.
Cough up now
this story won't help you sick feelings i'm afraid....
12.06.2005 10:12
May 29, 2005 - Consultants are creaming off a staggering $20 billion from hard-won global aid budgets. The $20bn total is 40 per cent of the international communities' overseas development pot of $50bn - money that is meant to relieve poverty in developing countries.
The World Bank has confirmed the figure for the first time: this weekend it admitted that money spent on 'technical assistance' and consultants had increased by $2bn on last year's $18bn total. A spokesman conceded that ballooning consultants' fees 'need to be addressed'.
The news comes in the wake of a hard-hitting report by charity ActionAid, which said that a huge proportion of aid was wasted, misdirected or recycled in rich countries.
...Wolfowitz's arrival at the bank comes at a pivotal time. Many see any proposed increase in international aid as the last chance to seriously address fundamental global inequalities. Since the 1950s, some $300bn has been spent on aid to Africa while living standards have fallen.
Nick Mathiason The Observer
http://politics.guardian.co.uk/development/story/0,15709,1494614,00.html
how to measure poverty...
http://www4.worldbank.org/afr/poverty/measuring/default.htm
callous and predatory or what?
paul c
Re Cough Up Now
12.06.2005 15:18
Good idea - I suggest we contat the leaders of Saudi Arabia, Oman, Abu Dhabu and the other Arab states who made the most money from slaving (and carried on making money for 130 years after the European nations stopped slaving.)
How much do you think we should ask for ?
Good Idea
Good Idea...
12.06.2005 17:30
Agreed something needs to be done about the political situation in the region. We should start with Israel, a country that has invaded all its neighbours, defies UN resolutions, has weapons of mass destruction and uses terrorism and torture in its judicial system.
Cough up now
Nice one
12.06.2005 18:52
ftp
Anti-Semitic?
13.06.2005 16:09
I think you'll also find that it was 'Good Idea' who brought the Middle East into the discussion.
As for your 'anti'semitic' jibe, are you suggesting that one or more of the following are behaviours that are exclusive to Jews?
-invading neighbours
- defying UN resolutions
-having weapons of mass destruction
-using terror and torture in legal systems
We should be told.......
ftp