(March 3, 2005) We spend millions – multiples of healthcare costs servicing debts while our sick languish at home with bare cupboards, dirty drinking water and no medicine. And yet, we are the norm.
Villar wants debt relief council formed
(March 3, 2005) The chairman of the Philippine Senate committee on finance has proposed the creation of a “council for debt relief” to tackle plans to lower the government’s outstanding debt of P3.36 trillion.
Company faces bribery charges
(March 2, 2005) The Italian company Impregilo SpA will be tried in the Lesotho High Court in April on five charges of bribery relating to the giant Lesotho Highlands Water Project.
Philippines follows Argentina’s debt path
(March 2, 2005) “Unless another large capital loss is appealing, investors should consider Argentina’s default as an example of what can happen in other emerging-market countries, and not as an isolated and resolved event.”
Government debt manageable
(March 2, 2005) A press statement issued by the Philippines Malacañan Palace claims the government can manage the country’s ballooning national debt.
KAIROS analysis of debt recommendations in Commission for Africa Report
(April 1, 2005) Possible actions in the report’s Annex 9 are closer to the actual proposals being debated by G7 finance ministers: some additional debt service relief until 2015 and reinforcement of IMF and World Bank conditionality for African countries.
Our common interest
(March 1, 2005) British Prime Minister Tony Blair’s Commission for Africa report.
Taming the monster called corruption
(February 27, 2005) Nigeria’s crusade against corruption got a rude shock when Transparency International accused the country of being on the lead of African nations allegedly slowing down the fight against corruption in the continent.
Senator Villar files Debt Relief Bill
(February 27, 2005) He says this is the solution to the country’s huge loans.
Following, not fearing, Argentina
(February 25, 2005) Some Filipino lawmakers would like to emulate Argentina, which defaulted on its loans in December 2001, rather than heed its example as a warning.
The original Edsa
(February 25, 2005) The militant Bagong Alyansang Makabayan yesterday lamented that almost two decades after the first People Power uprising drove the strongman Ferdinand Marcos out of Malacañang, Filipinos continued to suffer for his “sins.”
Kenya threatens to arrest British envoy for ‘theft and corruption’
(February 23, 2005) Relations between Britain and Kenya plunged to their lowest point in decades yesterday after a senior minister in President Mwai Kibaki’s government threatened to arrest the British high commissioner on charges of theft and corruption.
The world’s 10 worst dictators
(February 22, 2005) The annual top 10 “world’s worst dictators” list compiled by the U.S. weekly lifestyle magazine, Parade in consultation with human-rights organizations.
Will power
(February 18, 2005) Once again Canada has found cause to wag its diplomatic finger at Africa, this time shaking a despairing head over Kenyan President Mwai Kibaki and his government’s failure to stamp out corruption.
The debt crisis that has taught lenders nothing
(February 17, 2005) An economic crisis as astonishing as Argentina’s deserves a detailed forensic examination, and in Paul Blustein’s second book it receives it.
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