Wealthy Countries Richer… but Sending Less in Aid

Written by Gary R. Hess


Continued from page 1

The report also shows that Italy andrepparttar United States arerepparttar 113481 worst in giving aid to poor nations. The Italians spend approximately 90% of its aid on Italian goods and services whilerepparttar 113482 United States spends around 70% on its own companies.

The report also shows that not only isrepparttar 113483 aid important, but also their influence onrepparttar 113484 World Bank and International Monetary Fund. If countries likerepparttar 113485 United States wished to do so, they could cancel their debt that is causing so many problems in places like Africa.

The debt in fact, makes these countries pay three dollars for every two dollars they received in aid. This causes many indebted countries to spend more onrepparttar 113486 debt services than it does on its own health services for its people, which is especially hard on countries in Africa which have been stricken with wide spread HIV/AIDS.

The latest report by Oxam showed that spending $30 billion would cancelrepparttar 113487 debt of 32 ofrepparttar 113488 poorest countries; this would only cost $2.10 per person each year inrepparttar 113489 wealthiest countries.

Oxfam states that ifrepparttar 113490 current trends continue nearly 247 million more people in sub-Saharan Africa will live in poverty; 34 million more will suffer from hunger; and 45 million children will die.

"Unless world leaders act now to deliver a historic breakthrough on poverty," said Jeremy Hobbs, Oxfam's executive director, "next year will end in shameful failure."

Gary is a blogger for The Peoples Politics


Government Employees are Entrepreneurs, Too!

Written by Karen Little Hardy, MSBA


Continued from page 1

Surprisingly, a recent survey cited that 40% of Americans haverepparttar entrepreneurial spirit, but don't know where to start.

The shear inquiry into small business ownership by this civil servant made me realize that government employees are entrepreneurs too!

And, like many of us, they need a roadmap for making their creative dreams a reality during their spare time.

Let it be known that there is a new breed of business owner inrepparttar 113480 marketplace. I call them F.E.D.preneurs!

Karen L. Hardy, holds a M.S. in Business Administration. She is a certified business finance consultant, real estate investor, entrepreneur and author of the book "Destiny Dreams Decisions: Empowering Women for Success." Visit her site at http://www.fedpreneur.com


    <Back to Page 1
 
ImproveHomeLife.com © 2005
Terms of Use