Britain wants G8 to reduce debt of tsunami-hit countries
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Britain, which holds the presidency of the G8 bloc of leading industrialized nations, wants to reach agreement by mid-January on reducing the debt of the countries hit by the tsunami in Asia, the Financial ...
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British finance minister Gordon Brown  will say on Thursday he has full support from all the G7  industrialized nations to immediately freeze debt repayments  from countries afflicted by the Asian tsunami disaster.
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Rich countries need to honour their promises and deliver cash pledged for tsunami-hit countries, Oxfam says.
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British Prime Minister Tony Blair has called for international coordination in response to the devastation caused by the &quot;terrible catastrophe&quot; in southeast Asia,pledging Britain
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Prime Minister Tony Blair was urged today to use Britainâs upcoming presidency of the G8 to broker a global agreement to cancel poor countriesâ debt and double spending on aid.
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The chancellor presses the G8 to freeze all debts owed by countries hit by the Asian tsunami disaster.
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The government has pledged to provide greater debt relief for some of the world&#39;s poorest countries. It was announced on Sunday that the UK will write off its share of World Bank and African Development Bank
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Britain will use its presidency of the G8 industrialised nations to push for a modern day Marshall Plan delivering full debt relief, trade benefits and financial assistance for highly impoverished countries, Chancellor of the Exchequer Gordon Brown said.
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The chancellor presses the G8 to freeze all debts owed by countries hit by the Asian tsunami disaster, the BBC learns.
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The world's seven leading industrialized countries have agreed to support the suspension of debt payments by countries affected by the tsunami disaster, the British treasury announced.
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PARIS/ROME  - Italy called on Group of Eight rich  nations on Thursday to discuss a joint response to the Indian  Ocean tsunami catastrophe as moves to grant debt relief to some  of the stricken countries gathered pace.
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The G7 group of industrialised states, led by the UK, is set to back a moratorium on debt repayments from countries hit by the Asian tsunami.
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The G7 nations, led by the UK, agree to freeze debt repayments from countries hit by the Asian tsunami.
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British Treasury chief Gordon Brown on Monday called on wealthy nations and international institutions to write off Africa's debt, saying debts incurred by past generations are keeping the continent poor.
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The United Kingdom on Friday urged the world's richest nations to rise to the challenge of creating "enduring global prosperity" by removing trade barriers and stepping up aid for poorer countries.
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Britain will provide more debt relief for the world&#39;s poorest countries and challenge other rich countries to do the same, Prime Minister Tony Blair&#39;s government said Sunday.
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French President Jacques Chirac told his government to push for the Paris Club of creditor nations to put a moratorium on debt payments owed by countries hit by tsunamis in southeast Asia.