now bring me that horizon... (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
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politics2009-11-26 04:43 pm
the_future_modernes) wrote in politics2009-11-26 04:43 pm
Economic Predators
'Vulture funds' sue poverty-stricken Liberia - 26 Nov 09
Two offshore investment funds are taking the poverty-stricken African state of Liberia to London's High Court, over an unpaid debt that dates back to the 1970s.
The Caribbean-based companies, described as "vulture funds" want more than $20m.
But Liberia says it can't afford to pay the debt, and accuses the firms of profiting from poverty.
Barbara Serra reports