DROP HAITI DEBT PETTITION
Christian Aid is responding to the disaster in Haiti with emergency aid. But we need to help Haiti in the long-term as well as the short-term.
We are now calling on the UK to lead the world in giving Haiti a fighting chance for the future by cancelling its $890m of international debt.
Sign our petition and we will present your call to the Chancellor of the Exchequer, Alistair Darling.
http://act.christianaid.org.uk/ea-campaign/clientcampaign.do?ea.client.id=48&ea.campaign.id=5484
UK has already cancelled its debt to Haiti
- boothy
All Comments (54)
Jump to unread Post a Commentif you are the slightest bit interested in a topic wouldn't you seek out your own info and news.
There are countless topics I could post away on here (none of them SHOPPING related) but I choose not too because it isn't the audience required.
I feel this type of thread just causes unrest in this community and serves absolutely no purpose. Unlike the 3 tins of baked beans for 50p threads. (inB4 the 'can you post a link to the beans thread please').
Sorry if im being blunt but isnt slavery (if that was REALLY what it was) ever so slightly better than people simply dying of illness, poverty etc etc?
That's like saying AIDS is better than cancer because at least you still have nice hair to style.:roll:
Yes having safeguards did occur to me but if you look whats happened in Afghanistan and Iraq most of the money has dissappeared despite the safeguards in place. Maybe its better just to give aid (not money) directly to the people....
if you are the slightest bit interested in a topic wouldn't you seek out your own info and news.
There are countless topics I could post away on here (none of them SHOPPING related) but I choose not too because it isn't the audience required.
I feel this type of thread just causes unrest in this community and serves absolutely no purpose. Unlike the 3 tins of baked beans for 50p threads.
I think the absolute opposite - I feel that people here are more representative of the British public than a politics forum.
People there are usually much more informed, whereas a lot of people here get more of their info from tabloids.
Regardless of what some some posters say, we live in global community. In the same way that factories can be closed down in this country and open up the other side of the world, problems in any part of the world have an impact on us all. The best thing for this country is if Haiti is rebuilt as quickly as possible and has a chance to become a viable society. Canceling historical debt that acts as a break to development is a step in that direction. Haiti is devastated and has no real chance of repaying this debt themselves.
The choice is either the relief goes into rebuilding the country, or it is swallowed up in debt payments to relatively rich countries.
The UK and in particular Gordon Brown, has always led the world in promoting debt cancellation.
In relation to Haiti, I have googled and
The club, an informal grouping of governments from rich countries that have made public loans to other states, had already agreed to cancel all the $214m owed by Haiti to its members.
These countries include the United States, Japan, Germany, France, Britain and Canada
http://www.news24.com/Content/World/Haiti_Quake/3974/f9c20679c2ca46f8a556e1dedef3ae63/19-01-2010-06-02/Push_for_Haiti_debt_cancellation
http://omiusajpic.org/2009/07/01/haitian-debt-cancellation/
IMF Loan Changed to a Grant
http://omiusajpic.org/2010/01/20/imf-loan-changed-to-a-grant/
Also thanks to ODB for this link.
says
Haiti had a total external debt of 1.4 billion dollars at peak. 45% of this debt was accumulated under the Duvalier dictatorship.[5][6] In April, Haiti was added to the World Bank and IMF's highly indebted poor country initiative (HIPC) following the election of new president René Préval. In September 2009, following a program of economic and social reforms, Haiti met the requirements for completion of the HIPC program, qualifying it for cancellation of its external debt obligations..[7]Haiti's largest creditor, the [COLOR="DarkRed"]Inter-American Development Bank (IDB), is not part of the debt relief initiative[/COLOR]. Haiti's debt to the IDB amounts to approximately half a billion dollars with debt service payments projected by the IMF to increase in the following years.
Also thanks to ODB for this link.
says
Haiti had a total external debt of 1.4 billion dollars at peak. 45% of this debt was accumulated under the Duvalier dictatorship.[5][6] In April, Haiti was added to the World Bank and IMF's highly indebted poor country initiative (HIPC) following the election of new president René Préval. In September 2009, following a program of economic and social reforms, Haiti met the requirements for completion of the HIPC program, qualifying it for cancellation of its external debt obligations..[7]Haiti's largest creditor, the [COLOR=darkred]Inter-American Development Bank (IDB), is not part of the debt relief initiative[/COLOR]. Haiti's debt to the IDB amounts to approximately half a billion dollars with debt service payments projected by the IMF to increase in the following years.
you are more than welcome lovely lady and congrats on seeing what no one else did ;-)
What do you mean by a decadent level?
You want chandeliers and flowers in threads?:?
He's a BNP supporter. Really not worth 'discussing' things with him because it's against his political beliefs:thumbsup:
think you'll find the thread had degenerated before his entry so I would say in the context of this thread alone thats uncalled for and carrying it on helps no one but pushes it further in the wrong direction
saying that though its a pointless thread anyway
Regardless of what some some posters say, we live in global community. In the same way that factories can be closed down in this country and open up the other side of the world, problems in any part of the world have an impact on us all. The best thing for this country is if Haiti is rebuilt as quickly as possible and has a chance to become a viable society. Canceling historical debt that acts as a break to development is a step in that direction. Haiti is devastated and has no real chance of repaying this debt themselves.
The choice is either the relief goes into rebuilding the country, or it is swallowed up in debt payments to relatively rich countries.
Most international debt is to private banks, not countries. :thumbsup:
I cant see private banks even opening this petition.
However if there is backsliding of any kind pressure from this pettition and others with give our government some help in pushing the cause for cancelling the debt.
If you want to help you should sign.
You may disagree, you may think the whole cause is hopless. But if one person has signed it not pointless.
I cant see private banks even opening this petition.
Banks may own the debt, but remember we just bailed there backsides out of their self made disaster. People and their goverments can and should put all the pressure on them.