Posts Tagged ‘IMF loan’

At UN, UK’s Miliband Decries Sri Lankan Bloodbath, IMF Loan Linked, No Resolution

Monday, May 11th, 2009

[Inner City Press]

After a weekend of bombing and “bloodbath” in Sri Lanka, the first official to speak out at the UN in New York was UK minister David Miliband. He stopped to speak to the Press on his way into the UN Security Council’s meeting on the Middle East. He said he has arranged to speak with Sri Lanka’s Foreign Minister Rohitha Bogollagama later in the day. Inner City Press asked if the UK will be proposing a Security Council resolution on Sri Lanka, and for the UK’s position on Sri Lanka’s application to the International Monetary Fund for a $1.9 billion loan.

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How did Obama do on his first humanitarian crisis?

Saturday, May 9th, 2009

[ Foreign Policy ]

UN Dispatch’s Mark Goldberg wrote for The New Republic yesterday that Sri Lanka — the first humanitarian crisis to unfold entirely under the new administration — has been handled more or less well. His point is an excellent one: the United States has pushed to delay an IMF loan to the country until certain conditions are met. “With this move, the Obama administration has, literally, put its money where its mouth is,” Goldberg writes. All true, and a good start. As Goldberg admits, it’s just that: a start. Still, several points are left dangling.

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