Posts Tagged ‘Debt Cancellation’
US Lawmakers call for Haitian debt forgiveness
Posted by UpdatedFrequently on February 5th, 2010
Posted in World News 
Tags: Christopher Dodd, Congresswoman Maxine Waters, Debt Cancellation, Debt Forgiveness, Florida Republican, G7 Finance Ministers, Humanitarian Ngos, Ileana Ros Lehtinen, Indiana Republican, Iqaluit Canada, Jim Lobe, Maxine Waters, Members Of The House Of Representatives, Non Governmental Organisations, President Rene, Richard Lugar, Senator Christopher Dodd, Timothy Geithner, Treasury Secretary, Unprecedented Challenges, World News 
Comments OffA new call to forgive Haiti’s debt
Posted by UpdatedFrequently on January 19th, 2010
Just as soon as Haiti became independent the nation was burdened with debt. As we linked to yesterday, the slaves in Haiti who gained independence then had to pay reparations to their former slave holders.
Posted in World News Tags: Alan Cowell, Bottlenecks, Debt Cancellation, Devastating Earthquake, External Debt, Greater Security, History Of Indebtedness, Industrialized Countries, Informal Grouping, International Creditors, New York Times, Paris Club, Poor Countries, Relief Effort, Relief Efforts, Reparations, Security Fears, Slave Holders, Stable Economy, Wealthy Nations, World News Comments OffVultures of third world debt
Posted by UpdatedFrequently on August 24th, 2009
A coalition of 50 advocacy groups are calling on the U.S. Congress to stop the practices of Vulture Funds. The funds buy countries debt at pennies on the dollar but charge them huge interest on the purchases.
Posted in Africa Tags: Advocacy Groups, Africa, Africa Action, Debt Cancellation, Debt Relief, Democratic Republic Of Congo, Donor Countries, Drc, Healthcare Education, Hiv Aids, Indebted Countries, Indebted Poor Country, Mobutu Seko, Mobutu Sese Seko, Moyo, Pennies On The Dollar, Renowned Experts, Republic Of Congo, Third World Debt, Usa Network, vulture funds, Wealthy Corporations Comments Off2/3rds of Haiti’s debt canceled
Posted by UpdatedFrequently on July 1st, 2009
$1.2 billion dollars of Haiti’s debt was canceled yesterday by the World Bank and the International Monetary Fund. The two mega banks have an debt cancellation program, where a country can have their debts forgiven as long as they do mandated changes to the way the country operates.
Haiti had to do some audits, adopt new laws and change debt reporting.
Posted in World Bank Tags: Audits, Baby Doc Duvalier, Beeton, Billion Dollars, Debt Cancellation, Debt Forgiveness, Debt Relief, Dictators, Dynasty, Food Riots, Francois Papa, Haiti, International Monetary Fund, Jean Claude, Jonathan Katz, Jubilee, New Laws, Papa Doc, St Augustine Record, Tropical Storms, Usa Network, World Bank Comments Off
