We can be the change - act now! Two weeks after Typhoon Haiyan devastated the Philippines, the world has responded with astounding generosity, donating tens of millions of dollars to aid in the recovery effort--$37 million from the United States government alone. Unfortunately, since the typhoon struck on November 8th, the Philippines has spent more than $310 million paying off overseas debts, and it will spend a total of $6.7 billion this year alone. Some of those debts are from the corrupt and abusive regime of Ferdinand Marcos. Lenders are still collecting repayments on these loans, taking away resources that could be used to rebuild after the typhoon, and to further protect the Philippines from the repercussions of climate change. org.salsalabs/o/863/p/dia/action3/common/public/?action_KEY=14661
Posted on: Fri, 29 Nov 2013 17:57:31 +0000
Trending Topics
Recently Viewed Topics
© 2015