(March 6, 1999) Indifference, interrupted sporadically by spasms of satisfying moral outrage or luxurious compassion, characterises the general Western attitude to the African continent.
(March 6, 1999) The South African Institute of Race Relations says that it is misleading to label all the government’s debt as “apartheid debt” and that there is no real case for calls being made for the debt to be written off or regarded as “odious.”
(March 3, 1999) Some of the world’s biggest banks propped up the apartheid regime in its dying days, lending it billions of dollars. Now the new government is saddled with the debts.
(May 2, 1999) Suddenly debt relief is all the rage. Everybody is trying to get in on the act, saying that not enough is being done to provide financial help to the poorest nations.
(February 26, 1999) Transparency International proposes a broad framework to encourage transparency in export credit agencies.
(December 31, 1998) There are increasing calls for creditor nations to cancel the foreign debts of Central American nations badly hit by Hurricane Mitch.
(December 10, 1998) Canada’s legislation on corruption of foreign public officials and the implementation of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.
(November 4, 1998) The government responds to pressure to wipe out the ‘apartheid debt’ by arguing that it’s not technically feasible. Critics say it is.
(October 31, 1998) The Canadian Ecumenical Jubilee Initiative represents approximately 30 churches, inter-church coalitions and church-related organizations who have joined together to sound a strong, new call for justice, peace and the integrity of creation.
(October 30, 1998) South Africa’s Truth and Reconciliation Commission (TRC) yesterday accused the country’s business sector of helping to sustain apartheid and called for financial contributions from business to make up for past injustices.
(October 20, 1998) Prominent South Africans have joined a campaign to scrap the apartheid debt before the millennium, says Jubilee 2000 organiser Neville Gabriel
(August 1, 1998) Export Credit Guarantees should, as a rule, only be extended for development purposes. However, increases in export credit guarantees seem to reflect an exporter-driven drive for business, rather than a borrower-driven need for funding.
(July 14, 1998) Critics say that the World Bank tolerated and in some ways may have inadvertently stoked the corruption and economically corrosive practices of the Suharto regime.
(May 22, 1998) The current call for international debt cancellation is welcome, but debt does not just go away.
(April 1, 1998) 160 NGOs from 46 countries demand greater transparency and the adoption of environmental and social standards for publicly supported export credit and investment insurance agencies.