Haiti – IMF cancels €207 million debt

Political Star of the Week – Strauss-Kahn

This is a plan for reconstruction and should aid social cohesion there.

There are 1.6 million homeless after the earthquake 7+ on Richter scale.

300,000 killed on 12 January. Another $60 million is being lent by the IMF at zero interest until 2012 and then at <0.5%. This is a 3 year loan.

I say fair does to Dominique Strauss-Kahn who is CEO of IMF.