Archive for February 6, 2010

Is an earthquake what it takes to get debt cancelled?

Today we heard a pledge from G7 countries, namely the US, UK, France, Canada, Germany, Italy and Japan, to “cancel all Haiti bilateral debt”. Although this is a great thing for Haiti, the question must be asked: Why does it take a huge natural disaster for the First World to cancel its debts to poor Third World countries?

Continue Reading February 6, 2010 at 10:23 pm Leave a comment


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