Debt Relief

U.S. Foreign Assistance and the Arab Spring: Bold, but Not Bold Enough

Sarah Margon | Posted 07.31.2011

Read More: u.s. Foreign Policy, Arab Spring, Tunisia, U.S. Foreign Aid, Egypt, Middle East, Debt Relief, World News
Sarah Margon

The U.S. decision to relieve Egypt of up to $1 billion in debt is a step in the right direction, but it is a drop in the bucket compared to the massive debt burden incurred by the previous regime.

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How One Woman Is Helping To End Poverty In Nigeria

Craig and Marc Kielburger | Posted 05.25.2011

Read More: Corruption, Nigeria, Marc Kielburger, Poverty, Craig Kielburger, Debt Relief, Millennium Development Goals, Impact News
Craig and Marc Kielburger

At the TED Conference in Long Beach, California, Amina Az-Zubair smiled and said, "You're probably wondering, 'Who's this lady in the Nigerian clothes...

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Sudan's Bumpy Debt Road Will Run Through Where? Vienna?

Ben Leo | Posted 05.25.2011

Read More: Debt, Sudan, Center for Global Development, Debt Relief, World News
Ben Leo

Despite having a smaller GDP than almost every other Paris Club country (only Ireland is smaller), Austria's debt exposure to Sudan exceeds $2 billion.

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Who are Sudan's Two Biggest Creditors? And Why is it Something to Worry About?

Ben Leo | Posted 05.25.2011

Read More: Debt, Center for Global Development, Debt Relief, World News
Ben Leo

This is a joint post with Ross Thuotte. Two countries alone hold over 25 percent of Sudan's crippling $35 billion debt burden.  I'll give you three ...

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G20 Must Create Fix for Debt Crises

Ruth Messinger | Posted 05.25.2011

Read More: G20 Summit, Jubilee Act, Debt Relief, Impact News
Ruth Messinger

As the G20 meets in Seoul this week, global leaders must not forget their responsibility to fix the global financial system for the world's poorest.

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Sudan - Southern Secession, Oil, and Debt Relief

Ben Leo | Posted 05.25.2011

Read More: Oil, Sudan, Khartoum, Debt Relief, World News
Ben Leo

Next week, President Obama, UN Secretary General Ban Ki-moon, and other global leaders will meet with Sudanese leadership to discuss the upcoming refe...

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Bill Clinton Anxious & Hopeful About Haiti Recovery 6 Months After Earthquake

AP | JONATHAN M. KATZ | Posted 05.25.2011

Read More: Foreign Aid, Australia, Brazil, Debt Relief, Port Au Prince, Rebuilding, Clinton Bush Haiti Fund, Philanthropy, Haiti Earthquake, Norway, Haiti, United States, Donations, World News

PORT-AU-PRINCE, Haiti — Former U.S. President Bill Clinton expressed frustration Saturday over the slow pace of Haiti's earthquake recovery, but...

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Liberia's Debt Relief Party

Ben Leo | Posted 05.25.2011

Read More: Imf, Debt Relief, Liberia, World Bank, World News
Ben Leo

This week, Liberians celebrated in the streets. They weren't rejoicing over some recent triumph by the Liberian soccer team. The streets of Monrovia were overflowing because of debt relief.

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The Debt Relief Rip-Off

Don McNay | Posted 05.25.2011

Read More: Federal Trade Commission, Charles Schumer, Gary Rivlin, Creditors, Fair Debt Collections Practices Act, Broke USA, American Bar Association, Personal Finance, Lower My Bills, Debt-Relief, Payday Lending, Payday Lenders, Don McNay, Government Accountabilty Office, Debt Collectors, Credit Cards, Debt Collection, Banks, Better Business Bureau, Clare McCaskill, Business News
Don McNay

Desperate people want to believe it's true. They want to believe that there are companies that can easily get rid of their credit card debt. More often than not, they are deeply disappointed.

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Debt Relief Scam Report: GAO Calls Practices 'Fraudulent, Deceptive And Abusive'

Los Angeles Times | Posted 05.25.2011

Read More: Broke, Economic Crisis, Gao, Debt Relief, Main Street, Debt, Gregory Kutz, Financial Trouble, Credit Cards, Personal Debt, Government Accountability Office, Business News

A new report by undercover government investigators bolsters longstanding concerns that companies promising to help consumers overwhelmed by credit ca...

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Debt Settlement Firms Peddle Relief But Actually Put Debtors In Deeper Hole

New York Times | PETER S. GOODMAN | Posted 05.25.2011

Read More: The New Poor, Debt, Credit Cards, Economy, Debt Relief, Creadit Card Debt, Recession, Business News

For the companies that promise relief to Americans confronting swelling credit card balances, these are days of lucrative opportunity. So lucrative, ...

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Ryan Grim

Bill To Cancel Haiti's Debt Clears House Hurdle

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: House, Assistance, Recovery, Senate, Poverty, Haiti Earthquake, Debt Relief, Treasury, Haiti, Earthquake, Maxine Waters, Imf, Earthquake Recovery in Haiti Act, Politics News

A House subcommittee approved a measure on Thursday to press major international financial institutions to completely cancel all debts owed by Haiti, ...

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Measuring the Move: $20 Million and Counting

Jamie Chase | Posted 05.25.2011

Read More: Citibank, Move Your Money, Banks, Credit Debt, Debt Relief, Great Depression, Credit Unions, Business News
Jamie Chase

Healthy pride feeds our desire to create our own solutions -- and to send a strong message to mega-banks that we won't be their prey. That's why credit unions are a logical move.

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World Bank: We Are in Haiti for the Long Haul

Yvonne Tsikata | Posted 05.25.2011

Read More: Haiti Debt, Heavily Indebted Poor Countries, Haiti Earthquake, Debt Relief, Haiti, Hipc, World BankGlobal Facility for Disaster Reduction and Recovery, Inter American Development Bank, World News
Yvonne Tsikata

Today's announcement that we're waiving all debt payments from Haiti for the next 5 years is only a small sliver of our much larger commitment to Haiti.

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Haiti and Debt Cancellation Legislation

Avelino Maestas | Posted 05.25.2011

Read More: Foreign Aid, Congress, National Debt, Haiti Earthquake, Legislation, OpenCongress.Org, Haiti, Debt Relief, Politics News
Avelino Maestas

By 2008 Haiti owed $1.4 billion to lenders including the International Monetary Fund, World Bank, and US. There's a movement afoot to lobby for cancellation of Haiti's debt.

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Obama Administration's First Test on Global Poverty

Ruth Messinger | Posted 05.25.2011

Read More: Debt Relief, Ruth Messinger, Timothy Geithner, Global Poverty, Tim Geithner, Barack Obama, President Obama, G-20, World News
Ruth Messinger

Responding to the increased hardship in developing countries caused by an economic crisis not of their making will be the first test of the administration's commitment to addressing global poverty.

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The Financial Meltdown: How Some Families Are Coping With Debt

Neal Rodriguez | Posted 05.25.2011

Read More: Loan Modification, Debt Relief, Debt, Unemployment, Blogging the Meltdown, Business News
Neal Rodriguez

Neither government restructuring of debt programs are available, nor is any real monetary assistance being provided for the consumer.

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What Would Obama Do If Obama Was Mad At Obama About Rick Warren?

David Quigg | Posted 05.25.2011

Read More: Proposition 8, Marriage, Debt Relief, Darfur, Activism, Community Organizers, Rules for Radicals, Frank Rich, Prayer, Barack Obama, California, Politics News, Gay Marriage, Civil Unions, Gay Rights, Rick Warren, Marriage Equality, Inauguration, Aids, Saul Alinsky, Barack Obama Rick Warren, Rick Warren Invocation, Obama Inauguration, Rick Warren Obama Invocation, Rick Warren Saddleback Church, Obama Invocation, Invocation, Politics News
David Quigg

Obama would move on -- he'd refuse to be distracted. He'd brush the dirt off his shoulder and immediately return his focus to winning.

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