G7 Locks Horns Over African Aid, Tempers Fray
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Britain launched a last-ditch bid to  muster support for its plan to rid Africa of poverty despite a  flat rejection by the United States in talks among the Group of  Seven industrial powers on Saturday.
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Pressure mounted on Sunday on a  clutch of mainly developing countries to sign off on debt  relief for Liberia held up over how to finance the  International Monetary Fund's portion of the deal.
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HEILIGENDAMM, Germany  - World powers on Friday pledged $60 billion to fight AIDS and other killer diseases ravaging Africa but development campaigners complained the Group of Eight had pledged little fresh cash for the poor.
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Russia pledged on Tuesday to write off  an additional $500 million of African debt, just days before a  Group of Eight summit where Germany will push rich nations to  deliver on promises to help Africa.
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The world's economic powers, ending three days of meetings, insisted Sunday they are moving closer to a deal on debt relief for Iraq and poor nations even though an agreement has proved elusive.
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The World Bank and IMF are poorly suited   to lead the flow of aid to Africa, which would be more   effective if it was distributed in line with a nation's needs,   not competing donor interests, a U.N. agency said.
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Climate change and aid to Africa are top issues for leaders of industrialized nations.
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China's big spending in Africa drew a mixed response at a global aid meeting in Vietnam, where many welcomed the giant's new role on the continent but some voiced disquiet about its intentions.
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The World Bank and IMF are poorly suited  to lead the flow of aid to Africa, which would be more  effective if it was distributed in line with a nation's needs,  not competing donor interests, a U.N. agency said.
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The Group of Eight wealthiest nations pledged 60 billion dollars Friday to fight AIDS and malaria in Africa and uphold an earlier promise to boost development aid.
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West African leaders meeting in Ghana with instability in Ivory Coast high on their agenda.
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Wealthy nations will discuss absolving poor countries of loan payments at Friday's G-7 summit.
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The International Monetary Fund's  top policy-making group failed on Saturday to close divisions  over debt relief for the world's poorest countries.
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Dozens of countries met on Monday to pledge billions of dollars in aid to the Palestinians in support of Western-backed President Mahmoud Abbas, but disputes with Israel on settlements and checkpoints darkened the mood.
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The world's leading economies pledged on Saturday to work together to secure stability in volatile markets but brushed off the idea of a single uniform remedy for the Group of Seven industrialized nations.
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BERLIN, May 24  (IPS) - With two weeks to go to this year's summit of  heads of state and government of the world's eight most  industrialised countries (G8), respect for demonstrators'  rights and the fulfilment of the group's economic aid  promises for Africa are at the heart of the preparations.
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Darling warns of world 'turbulence' after anxious G7 debate