(January 11, 2005) Audit reports released by a U.N.-sanctioned commission into the multibillion-dollar oil-for-food program in Iraq showed lax oversight, understaffing and widespread inefficiencies throughout the system, but no evidence of fraud or corruption.
Waving off debt
(January 10, 2005) As we reach out to those struggling to recover from a natural disaster, our country has an important opportunity to address one of the core issues contributing to the impoverishment of the tsunami-stricken nations: huge foreign debts.
U.S. Foreign Relations Committee given cause to return to development banks examination
(January 10, 2005) A presentation to the U.S. Senate by political economist Jeffrey Winters suggests passive corruption poses three major challenges for the World Bank.
Gulf War victims overpaid by $5 billion‚ UN auditors
(January 9, 2005) The United Nations may have overpaid up to $5 billion to individuals, companies and Gulf states for losses in Iraq’s 1990 invasion and occupation of Kuwait, auditors’ documents showed on Sunday.
Tsunami debt deal to be announced
(January 7, 2005) Chancellor Gordon Brown has said he hopes to announce a deal soon to suspend debt interest repayments by tsunami-hit nations.
G-7 support tsunami debt freeze; campaigners push for debt cancellation
(January 7, 2005) The Group of Seven (G-7) industrialized nations have agreed to an immediate moratorium on debt interest repayments by countries hit in the Boxing Day tsunami disaster.
G7 finmins agree to freeze tsunami debt repayments
(January 7, 2005) Group of Seven finance ministers have struck an agreement to suspend tsunami-afflicted nations’ debt repayments, they said in a statement on Friday.
G7 agree to tsunami debt relief
(January 7, 2005) UK’s Gordon Brown gets industrialised countries to agree to freeze repayments.
World Bank president’s ‘mixed legacy’
(January 7, 2005) World Bank President James Wolfensohn’s recent announcement that he was unlikely to stay in his post as head of one of the world’s most powerful financial institutions, cast his decade-long legacy into the spotlight this week.
Tsunami summit picks UN as leader and offers debt relief
(January 6, 2005) The UN was picked by the nations that suffered from the tsunami in the Indian Ocean as the leader of the relief operations.
Sending aid where it’s most needed
(January 6, 2005) While debt forgiveness has a place in international aid, such a very general measure is not the appropriate response to the very specific needs created by the Asian tsunami: comment.
Move to freeze debt for tsunami countries
(January 6, 2005) The International Monetary Fund and World Bank on Thursday came out in favour of a debt moratorium for the countries worst hit by the Indian Ocean tsunami.
Brown proposes tsunami debt moratorium
(January 6, 2005)Gordon Brown has reiterated his call for a new form of Marshall plan to deliver “a once in a generation opportunity” to eliminate global poverty.
Balancing aid with needs
(January 6, 2005) Tsunami funds could mean less elsewhere.
Pinochet ruled fit for trial
(January 5, 2005) Chilean top court contradicts its 2002 decision that the former dictator could not be tried due to dementia.


