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June 14th, 2024
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U2 Joshua Tree Tour 2019
· Night 40 setlist for U2:UV at the Sphere, Las Vegas, 2/3/2024
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· Night 2 videos for U2:UV at the Sphere, Las Vegas, 30/09/23
· Night 2 setlist for U2:UV at the Sphere, Las Vegas, 30/09/23


Bono & Bob Fight World Debt

Posted on Tuesday, May 01 @ 02:46:58 CEST by Macphisto

(Spin.com) -- Always a politically active sort, U2 frontman Bono has teamed up with Live Aid mogul Bob Geldof to continue efforts to relieve the debt of the world's poorest countries. The two participated in a conference call last week with activist Jeff Sachs and Alabama congressman Spencer Bachus to express their ongoing support for London's Drop The Debt organization, as well as to discuss issues regarding the tremendous debt that's been incurred by African nations -- and ways to urge creditors to do away with the bulk of said debts.

Bono also spoke on the current AIDS epidemic in Africa, and how medical efforts receive virtually no funding since most money is funneled straight into the hands of international creditors (aka: the International Monetary Fund and the World Bank). Then-president Bill Clinton tried to do his part last year, by absolving all debts owed to the U.S. by certain extremely poor African countries, but even that only accounted for about 25 percent of the debt owed worldwide. In order to substantially release the monetary burden on these countries, the IMF and World Bank would have to absolve an enormous amount as well. You might recall that Bono has long been outspoken on the subject of Third World debt, participating heavily in last year's successful Jubilee 2000 efforts to raise awareness and prompt political action on the matter, and even used his experiences there as inspiration for U2's hit single, "Beautiful Day" -- off the band's latest album, All That You Can't Leave Behind. But both Bono and Geldof maintain that we still have miles to go before the tremendous financial load on the backs of the world's poorest nations is actually lifted. Last week's conference call was organized by the grassroots lobbying organization, Results. For more information on the efforts of folks like Bono and Geldof, check out the Drop The Debt website.

In related U2 news, the Edge and Bono have contributed some original music to the soundtrack to a forthcoming film, No Maps For These Territories -- a movie about the life of science fiction author William Gibson. The $250,000 film, directed by U.K. director (and U2 collaborator) Mark Neale, is being screened this week in London as part of the Onedotzero Festival. The Edge and Bono both appear in the film as well, reading from some of Gibson's books. U2 is currently touring the United States with PJ Harvey as part of its Elevation 2001 world tour.

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