Britain cancels Mozambique's debt
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Britain has decided to cancel Mozambique's total debt to it of 150 million dollars (114 million euros) to help the southern African country combat poverty, visiting Chancellor of the Exchequer Gordon Brown revealed.
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The European Commission today abandoned demands for the closure of key British cod fisheries in a compromise deal designed to preserve both dwindling cod stocks and the UK&#39;s struggling fishing industry.
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Campaign groups welcomed a commitment by Britain to write off debts owed by the world's poorest nations to the World Bank ( news - web sites ), a move they said should pressure other Group of Seven rich ...
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Northern Rock's debt will appear on government accounts, the Office for National Statistics decides.
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The Zimbabwe government said on Thursday it had lifted a ban on 13 British journalists who wanted to cover the forthcoming cricket tour by England of Zimbabwe.
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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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Mozambique&#39;s ruling Frelimo party and its presidential candidate have won a landslide victory in elections held earlier this month.
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The pound was sold off on Monday as investors refrained from &quot;carry trades&quot; -- where money is borrowed in low-yielding countries like Japan to be re-invested in economies with higher returns such as Britain.
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Argentine President Nestor Kirchner received confirmation Friday by the International Monetary Fund (IMF) for a postponement of the payment of 1 billion US dollars in foreign debt owed by Argentina.
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Condoleezza Rice kicks off a conference for donors to Liberia by announcing the cancellation of its $391m debt to the US.
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WASHINGTON With public pledges and in private conversations, Britain managed to smoke out the United States and win its commitment to the full forgiveness of the debts of the poorest countries during the annual meetings of the World Bank and the
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Mozambique is set to end its blanket ban on abortion after the government acknowledged that current legislation was endangering the lives of women in one of Africa&#39;s most impoverished nations.
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Gordon Brown says the UK will write off its share of debts owed by the world's poorest countries to the World Bank.
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Rich countries are likely to back Britain's bid to channel more debt relief and resources to Africa, which is ready to shake off the shackles of poverty, British finance minister Gordon Brown said.
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The United States boosted the fledgling recovery of Liberia by announcing it was erasing the war-ravaged West African nation's debt.
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The UK is withholding Â£50m from the World Bank in protest at the way it fights corruption, ministers say.
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France wiped out all of Senegal's bilateral debt, totalling 217 million euros (287.9 million dollars), under a deal signed by the two governments, the French finance ministry announced.