Hi there,

In this age of widespread misinformation and increased threats to press freedom, support for independent journalism is more important than ever. Media is essential to the functioning of a democratic society. Please donate today, so we can keep delivering urgent reporting on the world’s most pressing issues. Every dollar makes a difference. Thank you so much!

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Aid Money Could Favor Donors’ Economies

HeadlineApr 03, 2009

Despite touting the financial pledges as aid for developing economies, the new money could actually be funneled back into the donor economies. The Washington Post reports a $250 billion G20 line of credit to increase liquidity will mostly go to the US, Europe and Japan. The US alone could draw upon as much as $42.5 billion.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top