Thursday, January 13, 2005

More Tsunami relief

The Paris Club (donor nations) are offering a debt freeze and letting tsunami-hit countries suspend repayments on billions of dollars of debt. The freeze will be immediate and without conditions for those countries that request it. The five countries affected most by the tsunami pay $45 billion annually in debt repayment. Meanwhile Indonesia said that foreign troops must leave in 3 months , in response to the impression that it was surrendering sovereignty to outsiders. And cash-starved Zimbabwe plans to donate $3.6 million to tsunami relief efforts in Asia.

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