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Inter Press Service: Since Typhoon Yolanda made landfall in the Philippines on Nov. 8, the country has sent holders of its debt close to one billion dollars, surpassing, in less than two months, the 800 million dollars the U.N. has asked of international donors to help rebuild the ravaged central region of the archipelago. Even as the Philippines goes hat in hand to wealthier countries seeking disaster relief, it continues to diligently pay creditors in those same countries millions of dollars every day – much of it......
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In the Philippines, a Vortex of Climate Change and Debt
Posted by Washington Post: Juliet Eilperin on December 24th, 2013
Posted in Water Conservation