Moneylenders vs microcredit

A story in the Wall Street Journal today challenges a claim made many microcredit advocates.

Before microcredit began, moneylenders would charge unfair interest rates to to the poor, rates so high that they were impossible to pay off.

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Comment: G-20 still in crisis mode

Even though the economies of the developed world beginning to recover from the global recession, the G-20 however will still be in crisis mode.

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Room for one more on top? How to get a seat in rush hour

Room for one more at the back?

Only if you can push your way into the throng of 100 or so workers on a journey home from work which makes commuting on Britain’s much-maligned transport network seem like luxury.

Shoehorned onto the back of a lorry, they are crossing the Sahara Desert in temperatures of up to 35c in the shade.

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World – Tax evasion threat to development

Angel Gerri

The global economic slowdown will hit the poorest nations hardest. Demand for their exports is falling.

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