Can we see if we can possibly reschedule a joint meeting later?

On 3 June, FIA decided to reschedule the race for 30 October.

A week after its decision to reschedule the race, Formula One announced the cancellation of the race for 2011.

At the same session, in June 2004, the Assembly decided to reschedule the International Meeting from 10 to 14 January 2005 (resolution 58 213 B).

But the series had logistical problems after the race, when the cars were delayed on their way to Malaysia, missing the next event and had to reschedule the rest of the season.

Instead, they focused exclusively on US foreign debt, ignoring household debt (mortgage and consumer debt), public debt, business debt, and financial debt.

Debt sustainability and debt relief

More debt relief encompassing more countries and more debt (including bilateral debt) is needed.

Unsustainable private debt problems must be resolved by defaults, debt reductions, and conversion of debt into equity.

Debt

The country simply cannot keep on piling debt upon debt.

Efforts are underway to reschedule an assessment mission to Guinea Bissau by the United Nations Office on Drugs and Crime to provide technical assistance to law enforcement officers, which was planned for November 2005 but was postponed due to the change in Government.

Fifth, debt burdens that cannot be eased by growth, savings, or inflation must be rendered sustainable through orderly debt restructuring, debt reduction, and conversion of debt into equity.

The demand for debt repayment confronts the philosophy of debt forgiveness.

External debt

External debt

Debt relief

External debt

But, while debt forgiveness benefits holders of both equity and debt, debt holders don t voluntarily agree to it for two reasons.

Options for lower debt burdens on Governments of heavily indebted developing countries include debt cancellation and debt swaps for sustainable development.

To address the debt burden problem, many African countries at first resorted to repeated debt rescheduling which focused on debt service flows, resulting in steadily increasing debt stocks and related service payments.

Debt relief, debt swaps or debt cancellation could offer important means for mobilizing resources for accelerating progress towards the water and sanitation goals.

Restructuring Debt Restructuring

China s Debt Termites

Debt Déjà Vu

Europe s Debt Wish

(d) Debt burden

Debt Friendly Stimulus

China s Green Debt

Debt and Delusion

Debt and Democracy

The Debt Delusion

Debt Without Drowning

Argentina s Debt Conundrum

Other debt renegotiations

Haiti External debt

External public debt

Debt reduction, either through stock of debt reduction or debt service reduction based on a concessional rescheduling, will continue to be considered only in exceptional cases.

Emphasizing the important role that private sector creditors play in debt relief and debt sustainability,

Rather than waiting to get rid of debt through bankruptcies, governments should mandate debt forgiveness.

Our foreign debt, or more appropriately our eternal debt, cannot and should not be paid.

The typical bank is capitalized with equity, long term debt, short term debt, and deposits.

This, too, complicates the public debt dynamics and impedes the restoration of public debt sustainability.

This means no cross border sovereign debt (or esoteric instruments, such as collateralized debt obligations).

Africa needs debt cancellation, as no growth can take place with a heavy debt burden.