Allies discuss debt of poorest nations
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UNITED STATES WASHINGTON -- The United States and its major economic allies struggled yesterday to resolve deep differences over how to relieve the heavy debt burden for Iraq and the world's poorest countries. Debt relief and broader topics of international finance topped the agenda for finance officials attending committee meetings of the International Monetary Fund and the World Bank. Treasury ...
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DROWNING IN DEBT: African nations say debt incurred by past generations is keeping them poor and unable to cope with pressing needs, such as the AIDS epidemic.
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The 24 member policy making group of the International Monetary Fund met Saturday in Washington and failed to reach consensus on implementing a more generous debt relief program for the world&#39;s poorest countries.
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The Group of Seven wealthy nations  pledged to increase Third World debt relief on Saturday but a  deal struck after major disagreements fell short of proposals  floated by British finance minister Gordon Brown.
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The leaders of France and Brazil on Monday warned that poverty leads to violence and urged the international community to find ways to narrow the gap between rich and poor, casting a spotlight on the more than ...
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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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LONDON, Feb 5 (IPS) - In response to a massive civil society campaign   spearheaded by Nelson Mandela to make poverty history, G7  finance  ministers agreed Saturday to examine debt relief for the  poorest  countries on a ''case-by-case''  basis.
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WASHINGTON Oct. 2, 2004 - The United States and its major economic allies struggled Saturday to resolve deep differences over how best to relieve the heavy debt burden for Iraq and the world&#39;s poorest countries.
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Many of the world's poorest countries lamented at a U.N. ministerial meeting Monday that some of the least developed nations are experiencing increases in extreme poverty.
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World leaders are hoping to put a spotlight on the growing gap between rich and poor and the failure to find $50 billion a year to help more than one billion people escape extreme poverty and start sharing ...
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PARIS, Jan 17 (IPS) - The richer nations have made much of the freeze  they have offered on debt repayments from tsunami-hit countries,  but many of the affected countries do not seem to want this  concession.
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The United States is calling on international lending institutions to reform their ways of operating so that they can give more aid to poor nations.
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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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Bulgaria and Romania, two of Europe's poorest countries, will try to recoup billions of dollars in debt from Iraq despite a call by the Paris Club of creditor states to mostly wipe the slate clean, officials ...
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THE worldâs leading finance officials and ministers yesterday failed to reach agreement on debt relief for the poorest nations. Wrapping up a weekend of IMF and World Bank talks in Washington, no agreement appeared to have been secured.
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Proposals to help poor countries work their own way out of debt are being published by a Tory policy group.
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BRUSSELS, Nov 23 (IPS) - A joint assembly of members of the European  Parliament and representatives from some of the poorest countries  has been invited to consider six âmythsâ about new trade  agreements.