G7 nations vow to cancel Haiti debt

G7 nations vow to cancel Haiti debt
Sunday February 7, 2010, 8:34 am

The world's seven most industrialised countries vowed on Saturday they would each cancel their nation's remaining bilateral debt with quake-hit Haiti, Canadian Finance Minister Jim Flaherty said.

The "G7 will cancel all Haiti bilateral debt," he told a press conference after two days of G7 talks in northern Canada.

Haiti's debt to the seven nations - Britain, Canada, France, Germany, Italy, Japan, and the United States - is already relatively small after being reduced by past relief efforts.

Haiti's foreign debt, however, remains at about $US890 million ($A1.03 billion), of which some 41 per cent is owed to the InterAmerican Development Bank and a further 27 per cent to the World Bank.

The Paris Club in June agreed to cancel Haiti's total remaining debt to its members of about $US214 million ($A247.48 million).

France had agreed to gradually wipe out Haiti's debt, but after the devastating January 12 earthquake it cancelled all of the remaining 58 million euros ($A92.18 million) that Haiti owed.

Copied from:
http://au.biz.yahoo.com/100206/2/2b4hk.html

Well! Isn't that nice, for the G7 to cancel Haiti's debt?

Arh? EXCUSE ME? Whose debt is it? As per my blog about Haiti of a few days ago, it DOES seem that THE DEBT, REALLY, REALPolitikally, is the G7's, for the ongoing plunder and pillage they have thrown at the Haitians for.... centuries!

It is the rudest hubris of the "north's" developed nations to charge the poorest of nations with unpayable "interest" etc., because the wealthy nations of the G7 stole all Haiti's resources and are still "offended" because Haiti fought for and found independence from their filthy colonialism!

Forget "Medicine-sans-Frontiers"! What about "FOOD-WITHOUT-FRONTIERS", "HOUSING-WITHOUT-FRONTIERS", EDUCATION-WITHOUT-FRONTIERS", "SELF-SUSTAINING-INVESTMENT-WITH-FRONTIERS"?

In the last case, the inference should surely be clear - NO CHARGE! to apologize to Haiti for being ruthless arseholes to them!

Gee SEVEN!? It's a New Day, dudes!

Wake up to yourselves, if you dare!?