(January 23, 2005) The last time Iraq tried a parliamentary system, it ended in failure, under circumstances not unlike today’s.
Pinochet ‘secret’ accounts sought
(January 20, 2005) A Chilean judge is to launch an international search for secret bank accounts belonging to former military ruler General Augusto Pinochet.
Argentina apologizes for debt fiasco amid hostility
(January 20, 2005) As hostility to Argentina’s debt swap offer spread from Italy to Germany, Argentina made a rare apology on television to Italian bondholders, most of them pensioners, who bought the country’s bonds before a default three years ago.
Spotlight on Kofi
(January 19, 2005) US federal prosecutors made public this week their first conviction in the United Nations Oil-for-Food program.
Time to find embezzled millions: opinion
(January 18, 2005) Money embezzled and hidden in foreign banks by African government officials is a potential new source of funds for the continent, a US-based academic has suggested.
Rice vows to pursue oil-for-food scandal
(January 18, 2005) The U.N. oil-for-food program for Saddam Hussein’s Iraq was scandalously mismanaged and will be reviewed as an important item in President Bush’s second term, Secretary of State-designate Condoleezza Rice said Tuesday.
Riggs directors silent as scandal unfolded
(January 17, 2005) Riggs Bank directors did not question the nature of the bank’s relationship with the former Chilean dictator Gen. Pinochet; no internal procedures were changed and the board took no action, say sources.
UN urges rapid action on poverty
(January 17, 2005) A major UN report on world poverty has urged a vast increase in development aid to the world’s poorest countries.
New chance for African debt relief
(January 17, 2005) Recent agreements by the Paris Club of donor nations surrounding sovereign debt relief for Iraq as well as tsunami-hit countries represent an opportunity for progress in debt relief on the African continent as well: finance minister.
Grinding them down: Argentina’s debt
(January 17, 2005) The terms of Argentina’s debt swap are harsh. Even so, most bondholders will probably accept them.
It takes two
(January 14, 2005) Countries sending funds to Indonesia are right to be concerned about the exploitation of relief, but Indonesians are not the only ones who might be tempted.
Locals on board for Argentina debt swap
(January 14, 2005) Argentina on Friday launched its historic offer to restructure $102.6 billion in defaulted debt, scoring an early but expected victory as local pension funds holding 17 percent of the bad debt signed up for the exchange.
The dictatorship of debt: The World Bank and Haiti
(January 14, 2005) The World Bank has announced it would release $73 million in cash to the government of Haiti. For Haiti to get that cash it had to pay $52 million in outstanding arrears.
Annan accountable for oil-for-food programme: US
(January 13, 2005) The Bush administration, which earlier backed Secretary-General Kofi Annan in the UN oil-for-food scandal, on Tuesday demanded he be held accountable for mismanagement in the programme.
UN oil-for-food audits find laxity, no fraud
(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.
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