Seven British charities are campaigning for the UK not to accept any Nigerian repayment which was part of the Paris Club debt relief agreement reached in October. Their pleas to Gordon Brown, most recently in a new brief, are no doubt well-intentioned. But their attack on the deal is politically naive and ultimately misguided.
CGD Policy Blogs
Yesterday the MCC Board approved threshold programs with Albania and Paraguay, both of which seek to tackle corruption. The Albania program raises many of the questions Sheila discussed in her blog on the Tanzania Threshold Program, on whether the programs approved to date stack up to the MCC's stated objective.
The recent attacks by Islamic fundamentalists on the Danish embassies in Lebanon and Syria can be called blind, tragic, even cartoonish. To that list of adjectives, add this one: ironic. According to the Commitment to Development Index, which rates rich countries on how much their government policies help or hurt poorer countries, no nation works harder than Denmark to help people in poorer parts of the world, including predominantly Muslim nations. Few less deserve this hatred.
A few days ago CGD hosted a panel, "Where is the Comparative Advantage: The Global Fund and World Bank HIV/AIDS Program Moving Forward", with Christoph Benn of the Global Fund, Jonathan Brown from the World Bank, and Alex Shakow, author of a
Like last year, President Bush requested $3 billion for the Millennium Challenge Account in his FY07 budget request. Many MCC champions will disappointed that the President didn't ask for the $5 billion he said he would by now when he first launched the MCA. And, like last year, the $3 billion request is very likely to be slashed by Congress.
On Friday, Merck received FDA approval for its new oral rotavirus vaccine, RotaTeq, and will begin domestic distribution within a week. At a cost of $187.50 for the three-dose series, RotaTeq is one of the most expensive vaccines to date; by 2009, the company forecasts that the vaccine could bring in as much as $500 million in annual revenue.
According to the New York Times: