(April 14, 2005) Haiti’s new debt was accrued largely under the father-and-son Duvalier regime; steeped in the blessings of the Cold War, they faced no questions when it came to raking in manifestly odious loans, writes Jubilee South.
(January 14, 2005) The World Bank has announced it would release $73 million in cash to the government of Haiti. For Haiti to get that cash it had to pay $52 million in outstanding arrears.
(December 26, 2004) International groups spent millions of dollars to plant trees in Haiti but failed to slow the deforestation that leads to floods like the one that killed 3,000 people in Gonaives, writes Susannah A. Nesmith in the Miami Herald.
(July 20, 2004) While U.S. Secretary of State Colin Powell urged the international community to rally behind Haiti’s new government, Haiti’s Prime Minister Gerard Latortue said no one would dare& use funds for objectives other than aid.
(March 5, 2004) A fight for leadership in the Caribbean nation of Haiti has plunged the Western hemisphere’s poorest country into further turmoil. The only nation in history to successfully overthrow enslavement, Haiti may also have been one of the developing world’s first heavily indebted countries.
(March 4, 2004)With Aristide seemingly ousted, American and French troops have once again landed in Haiti to run the island’s affairs, writes Gamal Nkrumah.
(January 2, 2004) The initial agreement between France and the young republic called on Haiti to pay the whole 150 million francs in five annual payments of 30 million gold francs. That proved impossible for Haiti.
(June 17, 2000) President René Préval signed a petition calling on international creditors to annul Haiti’s swelling $1.2bn (£800m) debt. Forty percent of Haiti’s debt was incurred under Duvalier family misrule, when loans were regularly skimmed by regime cronies.