Global: Rich nations prodded on 'illegitimate' lending
23.02.2007
A study by international anti-debt campaigners argues that some debts owed by developing countries should not be paid at all. The report says that the Group of Seven (G7) most industrialised nations – Canada, France, Germany, Japan, Italy, Britain and the United States – lent money to regimes they knew to be corrupt or repressive in order to buy political allegiance.