Grenada stopped making debt payments earlier this year and in a - TopicsExpress

Grenada stopped making debt payments earlier this year and in a brave open letter to the Grauniad it suggested a rethink. The island has been badly affected by hurricanes Ivan and Emily which destroyed the equivalent of two times the islands annual income, loss of trade preferences to the EU for its banana and spice exports and loss in revenues following the global debt crisis. Should people suffer for an unfair debt arranged over their heads? Huh?

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