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08 Feb 2011 09:53

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World: Dividing Sudan: Forgive us of our foreign debt. Please?

  • $38B the amount Sudan owes in foreign debt – $30 billion in debt arrears
  • 1993 the last time the country could get a loan from the World Bank
  • 75% the amount the country hopes to get forgiven before it splits source
  • » The spit has something to do with it: The size of Sudan’s debt could effectively limit the region’s ability to get a fresh start as it splits into two. Southern Sudanese official Gabriel Changson Chang is making a hard push for the changes before the countries divide. “We want both the north and south to be economically viable,” he says. Current president Omar al-Bashir has made similar claims as well, and with good reason: Half of the country’s population currently lives on less than $1 a day and need some sort of food aid.

07 Feb 2011 10:19

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World: Sudan’s Omar al-Bashir: We’re OK with the secession vote

  • We will announce today in front of the world our acceptance and respect for the choice of the people of the south.
  • Sudanese president Omar al-Bashir • Revealing that his country would accept the results of a country-splitting referendum between the north and south. The south chose, by a wide margin, to secede, a result that cuts back Bashir’s clout but could help stabilize the entire region. source