One Laptop Per Child: Give One/Get One Project is Back

November 28, 2008

OLPC Foundation

Photo: OLPC Foundation

On November 17th 2008, the non-profit organization, One Laptop per Child, launched its second campaign for the project Give One/ Get One, encouraging people to donate laptops to children living in the developing world.

This project, initiated by U.S. academics and professionals from the new information and communication technology industry, first planned to develop laptops for less than 100 US$. Read the rest of this entry »


Norway Gives a Helping Hand to Liberia.

November 25, 2008
easyvoyage.com

Credits: easyvoyage.com

On November 14th 2008, Norway announced the cancellation of an important part of Liberia’s debt. The Norwegian government agreed to cancel 35 million USD, making up 90% of the Liberia’s total debt to Norway. This gesture from the Norwegian government is directly in line with the Heavily Indebted Poor Countries Initiative (HIPC Initiative). This program, jointly proposed by the IMF and the World Bank in September 1996, was designed to provide exceptional assistance to eligible countries following sound economic policies to help them reduce their external debt burden to sustainable levels. Read the rest of this entry »


Feeling the Weight of Debt

November 20, 2008

A brief but powerful video portraying the basic essentials of the relationship between lending institution (The World Bank and/or IMF) and their borrowing countries.

To learn more about Third World debt you can visit these websites: