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Nigeria at risk of $33bn default

By Other News Sources on April 26, 2005 • ( Leave a comment )

(April 26, 2005) Time is running out for talks, warns delegation.

British envoy: How Nigeria can retrieve looted funds

By Other News Sources on April 22, 2005 • ( Leave a comment )

(April 22, 2005) Nigeria’s efforts to retrieve looted funds must be backed by concrete evidence that they were indeed looted, British High Commissioner in the country, Richard Gozney has said.

Hope is hard to find in Haiti anymore

By Other News Sources on April 19, 2005 • ( Leave a comment )

(April 19, 2005) Modest hope . . . has been replaced by increased hunger, chaos and despair, and everyone except the elite up the hill in Petionville, guarded from harm by ex-military, lives in fear.

Why western aid donors won’t crack down on corruption

By Other News Sources on April 18, 2005 • ( Leave a comment )

(April 18, 2005) Britain is haunted by memories of the exodus of Ugandan Asians in the Amin era. Some 30,000 Kenyan Asians have British passports and London wants them to stay put.

G7 nations find some common ground on debt relief for Africa

By Other News Sources on April 18, 2005 • ( Leave a comment )

(April 18, 2005) The Group of Seven industrialised countries inched towards a compromise on debt relief to ease poverty in Africa at its weekend meeting but again failed to strike a detailed agreement on how to proceed.

Commentary: Avoiding the Argentina effect

By Other News Sources on April 18, 2005 • ( Leave a comment )

(April 18, 2005) It is highly doubtful the Philippines – or other Asian governments – will pull an Argentina anytime soon, yet Asia may have to work hard to avoid the temptation.

Big questions after Oil-for-Food indictments

By Other News Sources on April 15, 2005 • ( Leave a comment )

(April 15, 2005)New charges in the United Nations Oil-for-Food scandal have prompted two questions: Was the entire program created as a result of huge bribes going to UN officials? And, who are the unnamed high-ranking UN officials who may have taken those bribes?

A question of legacy

By Other News Sources on April 15, 2005 • ( Leave a comment )

(April 15, 2005) Outgoing World Bank president James Wolfenshohn has fired a parting shot at British Prime Minister Tony Blair.

On the horns of an odious dilemma

By Other News Sources on April 15, 2005 • ( Leave a comment )

(April 15, 2005) Debtors and creditors both suspect a good portion of debts developing countries owe are odious.

Haiti needs freedom from debt, now!

By Other News Sources on April 14, 2005 • ( Leave a comment )

(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.

Bank chief takes parting shot at Blair

By Other News Sources on April 14, 2005 • ( Leave a comment )

(April 14, 2005) Outgoing World Bank chief James Wolfensohn has fired a parting shot at Tony Blair, warning that the British Prime Minister’s credibility was on the line over his foundering attempts to relieve poverty in Africa.

Kenya: Donors threatening to stop funding

By Other News Sources on April 13, 2005 • ( Leave a comment )

(April 13, 2005) The government of Kenya has once again come under fire over corruption which donors say is stifling efforts to implement reforms outlined in the country’s Economic Recovery Strategy.

The aid that isn’t: Writing off official commercial debt should not count as aid

By Other News Sources on April 12, 2005 • ( Leave a comment )

(April 12, 2005) When is foreign aid not foreign aid? When it is debt written off by governments that should never have lent it in the first place.

The war against corruption and the survivality of Nigeria

By Other News Sources on April 11, 2005 • ( Leave a comment )

(April 11, 2005) As the stories of corruption unfold, Nigerians, for the moment, seem cautiously optimistic that the president has finally decided to do what he was expected to have done as soon as he took over the reigns of power.

Money talks in power project

By Other News Sources on April 11, 2005 • ( Leave a comment )

(April 11, 2005) In the end, it was the bean counters who shouted loudest in the emotive debate over the World Bank’s questionable mandate for building big, brassy Third World dams.

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