Comment: We must stop underwriting loans to Argentina

June 11, 2012 3:10 PM

Writing for the Daily Telegraph Online Comment Jonathan Isaby argues that British-guranteed World Bank loans to Argentina can't be justified:
I think most people would agree that British foreign policy ought to promote and protect British interests. The same surely ought to be true of decisions taken by those running the Department for International Development as well.

So I imagine that many Telegraph readers will share my amazement that British taxpayers’ cash is underwriting hundreds of millions of pounds in loans to Argentina – a country whose government continues to dispute British sovereignty of the Falkland Islands and whose president has recently advocated a boycott of British goods.

Click here to read the full article

Writing for the Daily Telegraph Online Comment Jonathan Isaby argues that British-guranteed World Bank loans to Argentina can't be justified:
I think most people would agree that British foreign policy ought to promote and protect British interests. The same surely ought to be true of decisions taken by those running the Department for International Development as well.

So I imagine that many Telegraph readers will share my amazement that British taxpayers’ cash is underwriting hundreds of millions of pounds in loans to Argentina – a country whose government continues to dispute British sovereignty of the Falkland Islands and whose president has recently advocated a boycott of British goods.

Click here to read the full article

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