This is the question that the Greeks are agonising over.
Austerity costs jobs, costs futures, costs lives. It’s a different medicine to that the IMF diagnosed after World War 2 for Germany, why? 264 more words
In 1979, Romania loaned Zambia $15 million to put toward agricultural machinery and vehicles. By the 1990s due to widespread poverty and devastating health conditions, Zambia was unable to repay its external debt and started to negotiate for debt cancellation. 171 more words
By Lawrence Dunhill
A group of MPs yesterday introduced a bill that aims to end the abuse of “vulture funds” which prey on some of the poorest countries in the world. 432 more words