World Bank delays loan to Uganda over anti-gay law
Source: ASSOCIATED PRESS
WASHINGTON (AP) The World Bank has postponed a $90 million loan to Uganda over its anti-gay law that has drawn widespread criticism from Western governments, the United Nations and rights groups.
A bank spokesman said Thursday the loan was intended to help the East African nation strengthen its health systems. He said the bank division that lends to the private sector wants to ensure that the development objectives of the project would not be adversely affected by the enactment of the new law.
President Yoweri Museveni signed the bill on Monday, saying he wanted to deter Western groups from promoting homosexuality in Africa. It calls for life in prison for those convicted of engaging in gay sex.
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Read more: http://www.salon.com/2014/02/28/world_bank_delays_loan_to_uganda_over_anti_gay_law/
KamaAina
(78,249 posts)Diclotican
(5,095 posts)KamaAina
(78,249 posts)We have a Hell, too, in the state of Michigan. That's where my sign is.
Diclotican
(5,095 posts)KamaAina
It have been recorded freezing cold weater at Hell in Trøndelag - 35C or like 13-14F a few winters ago.... So yeah - Hell CAN freeze over sometimes.....
Diclotican
RKP5637
(67,108 posts)your god works in strange and mysterious ways, and this is just the beginning!
RKP5637
(67,108 posts)but LGBT are being irrationally hurt by the ignorant haters for absolutely no reason than pure hatred. We do not need to help fund those qualities of a nation.
Timez Squarez
(262 posts)That's what I'd do if i was the chairman of the World Bank.
LibertyLover
(4,788 posts)Loan agreements have specific Events of Default clauses in them that set out in detail things that can cause a loan acceleration - i.e. canceling the loan and requiring immediate repayment. I have never seen 'country enacts harsh and discriminatory law' as an Event of Default.
christx30
(6,241 posts)Now let's get them to stop funding countries that treat women and ethnic/religious minorities like crap.
Thus isn't sarcasm. If we can't appeal to the humanity of these people to change their cultures, maybe if we start starving them, we can do it.