Monday, December 29, 2003

SOME DEBTS ARE MORE EQUAL THAN OTHERS
The Bush administration is now asking Japan and China to reduce Iraq's debt, insisting that such reductions are essential to re-starting the Iraqi economy. Years of activism in favor of reducing or cancelling the debt of African and Latin American countries to help them economically has made little headway. Perhaps the only way debt relief for developing countries can get on the agenda is if Washington invades the entire Southern Hemisphere?

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