(September 30, 2005) After years of negotiations, Switzerland has finally agreed to repatriate to Nigeria millions of dollars stolen and stashed in its banks by former dictator Sani Abacha.
The phantom of debt relief: a historical dimension
(September 30, 2005) "It is instructive that while African countries were earning huge royalties from the exploration of their mineral resources, their leaders did not stop at looting the treasury with the advice and connivance of their Western mentors and advisers."
Declaration of Havana, II South-North Consultation
(September 30, 2005) Resistance and alternatives to debt domination.
Check against misuse of foreign aid
(September 29, 2005) A top economic consultant said it appeared African aid had been insufficiently allocated and in some cases simply looted by irresponsible governments with a consequent legacy of unsustainable odious debt.
Debt relief for Nigeria: Not yet uhuru
(September 29, 2005) “Since the debt by President Obasanjo’s own admission, are of dubious origin, the issues of the responsibilities of the creditors must be put on the table during the discussions with the Paris Club in September.”
The villagers who seek to safeguard Shangri-La
(September 29, 2005) ‘The government talks about environmental protection being a priority, so why then do we have to move away from this beautiful valley at the expense of the environment?’ – A villager’s lament in a CCTV documentary on Tiger Leaping Gorge.
Open letter to the PRC from the Salween Watch Coalition
(September 29, 2005) ‘We would appreciate it if your government shared with us on what basis decisions are being made that will have huge and irreversible impacts on our lives, livelihoods and environment.’
Nigeria without external debt
(September 27, 2005) “We should learn from our past experience by ensuring that we no longer take loans in an unregulated or uncontrolled manner. We believe that the environment is no longer conducive and all that abuse is now in the past.”
Nu River campaign gathers steam
(September 27, 2005) A bold open letter calling on Beijing to release documents related to controversial plans to dam the Nu River in southwest China has sparked an Internet petition drive that is steadily gaining momentum.
Cautious welcome to debt relief deal
(September 27, 2005) Jubilee USA Network welcomed the agreement reached by the IMF and World Bank to implement the G-8 debt relief for 18 poor countries, but raised concerns about unresolved details of the deal.
World Bank: Debt relief plan approved
(September 26, 2005) The World Bank’s policy-making committee endorsed a sweeping plan to wipe out billions in debt owed by the world’s poorest countries, most of them in Africa, clearing the way for debt relief to begin early next year.
CBI probe sought into Lavalin
(September 24, 2005) A writ petition has been filed before the Kerala High Court seeking a Central Bureau of Investigation (CBI) probe into the award of a contract to the Canada-based company SNC-Lavalin.
Debt cancellation for 18 poor countries unlikely to be finalized this weekend
(September 23, 2005) Global shareholders in the World Bank and International Monetary Fund (IMF) are unlikely to agree this weekend on a debt deal for 18 of the world’s poorest countries, the lending institutions’ heads said Thursday as wealthy nations bickered over who would pay for the effort.
Debt deal in question
(September 22, 2005) Arbitrary criteria have been used to exclude most countries from debt relief. While it may be politically expedient for powerful countries to pretend that only a small set of countries need debt cancellation, it is time to explode this myth." – Christian Aid.
UN summit falls far short of bold changes Annan sought, but took first step
(September 22, 2005) History’s largest gathering of world leaders fell far short Friday of completing the major changes UN Secretary General Kofi Annan sought to fight poverty, terrorism and human rights abuses – but the leaders took a first step.
Patricia Adams
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Probe International
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