OUT FROM UNDER ODIOSITY:

US writes off $391m Liberian debt (Krishna Guha, February 13 2007, Financial Times)

The US will write off $391m in bilateral debt owed to it by Liberia immediately and work with the World Bank and the IMF to find a solution to the $1.2bn debt it owes the multilateral organisations, secretary of state Condoleezza Rice announced on Tuesday.

The harder we make it for dictators to do business the better.

Posted by Orrin Judd at February 14, 2007 12:00 AM