{"id":2085,"date":"2010-02-26T15:12:00","date_gmt":"2010-02-26T15:12:00","guid":{"rendered":"http:\/\/dev.yolandagranados.com\/crg\/vulture-funds-censorship-and-deb\/"},"modified":"2020-07-15T20:00:54","modified_gmt":"2020-07-15T20:00:54","slug":"vulture-funds-censorship-and-deb","status":"publish","type":"post","link":"https:\/\/www.congoresearchgroup.org\/en\/2010\/02\/26\/vulture-funds-censorship-and-deb\/","title":{"rendered":"Vulture funds, censorship and debt relief"},"content":{"rendered":"\n<hr class=\"wp-block-separator is-style-wide is-core-separator-block\" style=\"margin-top:0px;margin-bottom:0px;padding-top:0px;padding-bottom:0px\">\n\n\n\n<div style=\"height:43px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n  <div id=\"anchor-nav-position-block_5f0f606d875dc\" class=\"c-block-anchor-nav-position o-wrapper__inner\" style=\"margin-top:0px;margin-bottom:0px;padding-top:0px;padding-bottom:0px;\">\n    <div class=\"js-anchor-nav-position\"><\/div>\n\n    <div class=\"c-anchor-nav__mobile\">\n      <nav class=\"c-anchor-nav \"><span class=\"c-anchor-nav__heading\"> <\/span><ul class=\"c-anchor-nav__links o-list-bare\"><li class=\"c-anchor-nav__item\"><a href=\"#%20\" class=\"c-anchor-nav__link \"> <\/a><\/li><\/ul><\/nav>    <\/div>\n  <\/div>\n\n\n\n<p style=\"margin-top:0px;margin-bottom:30px;padding-top:0px;padding-bottom:0px\" class=\"is-core-paragraph-block has-space-small-mb\">A few miscellaneous tidbits:<\/p>\n\n\n\n<ul class=\"is-core-list-block\" style=\"margin-top:0px;margin-bottom:0px;padding-top:0px;padding-bottom:0px\"><li>The Paris Club of Creditors <a href=\"http:\/\/online.wsj.com\/article\/BT-CO-20100225-715712.html?mod=rss_Bonds\">agreed<\/a> Thursday to cancel $1.3 billion of the Democratic Republic of Congo&rsquo;s external public debt and to reschedule around $1.6 billion of the debt it owes. This is eliminate around 97% of debt services the Congo has to do, a substantial subsidy to its budget.<\/li><li>The Congolese government has <a href=\"http:\/\/www.africatime.com\/rdc\/nouvelle.asp?no_nouvelle=511878&amp;no_categorie=\">upheld<\/a> the suspension of Radio France International throughout the country. It initially cut RFI, which broadcast on FM in various Congolese cities, in July 2009, claiming that its broadcasts &ldquo;undermined army morale.&rdquo; It also maintains the persona non grata status of RFI&rsquo;s main correspondent to the Congo, Ghislaine du Pont.<\/li><li>The Comite national de suivi (CNS), the peace process committee, is meeting in Goma with the various signatory armed groups. The CNDP refused to meet with them because they didn&rsquo;t get positions in the new cabinet. The government is now saying that this was because &ldquo;they didn&rsquo;t agree on CNDP candidates and send us their CVs on time.&rdquo; Sure.<\/li><li>The Financial Times reported that the Congolese government is now being sued in a Hing Kong court by a &ldquo;vulture fund&rdquo; that bought part of Congolese public debt and is now trying to get the Chinese government to pay them what the Congolese owe from the $350 million signing bonus. The total they want: $100 million. (Article <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/3773355c-20e5-11df-b920-00144feab49a.html?nclick_check=1\">here<\/a>, might need to subscribe).<\/li><\/ul>\n\n","protected":false},"excerpt":{"rendered":"<p>A few miscellaneous tidbits: The Paris Club of Creditors agreed Thursday to cancel $1.3 billion of the Democratic Republic of Congo&rsquo;s external public debt and to reschedule around $1.6 billion&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[30],"tags":[],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.congoresearchgroup.org\/en\/wp-json\/wp\/v2\/posts\/2085"}],"collection":[{"href":"https:\/\/www.congoresearchgroup.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.congoresearchgroup.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.congoresearchgroup.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.congoresearchgroup.org\/en\/wp-json\/wp\/v2\/comments?post=2085"}],"version-history":[{"count":0,"href":"https:\/\/www.congoresearchgroup.org\/en\/wp-json\/wp\/v2\/posts\/2085\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.congoresearchgroup.org\/en\/wp-json\/wp\/v2\/media?parent=2085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.congoresearchgroup.org\/en\/wp-json\/wp\/v2\/categories?post=2085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.congoresearchgroup.org\/en\/wp-json\/wp\/v2\/tags?post=2085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}