Jump to navigation

Vol 49 No 7

Published 28th March 2008


The vultures gather

So-called 'vulture funds' threaten the highly indebted countries that the International Monetary Fund is trying to rescue from the burden of debts they cannot pay. Many of the most vulnerable countries are in French-speaking West Africa, where money intended by Belgium to help rebuild Congo-Brazzaville has been seized by one of the funds. Belgium's reaction has been to bring in a law prohibiting such attempts.

End of preview - This article contains approximately 1426 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.


If you have a print subscription already, click here for a password that gives you full access to the website.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.