Posted inCambodia

America’s debt diplomacy in Cambodia

According to Cambodian Prime Minister Hun Sen, it’s “dirty” and bloodstained money. For the United States, it’s simply a debt that Cambodia, a sovereign state, must pay.   For years, Washington and Phnom Penh have clashed over a $278 million loan that Cambodia took in the early 1970s but which, after four decades of interest and […]