Cancel all debts now

international | miscellaneous | other press Monday January 10, 2005 00:34 by cwi

Debt payments far bigger than all aid pledges

The catastrophe in Asia has unleashed an unparalleled feeling of global solidarity. Millions of people around the world have given donations to the people and the countries in need.

This global solidarity and the willingness to help and assist have forced western imperialism to promise aid and to offer a temporary freeze on debt repayment.

While working people around the globe show genuine sympathy there are reasons to show no trust in the promises given by capitalists and political representatives of imperialism.

The Bush administration regards its aid effort as a, “Crucial weapon in a battle for the hearts and minds of Muslims in southern Asia and in much of the rest of the Muslim world, nudging their sentiments in America’s favour”, wrote the San Francisco Chronicle of January 6...

For complete article see:

www.socialistworld.net