UK to Seek Debt Relief for Tsunami Nations
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Britain, with United States backing,  called on Tuesday for a freeze on foreign debts owed by the  countries hit by the Asian tsunami disaster.
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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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BANDA ACEH, Indonesia  - Indonesia looked forward  to debt relief from rich nations and promised on Wednesday to  crack down on anyone caught pocketing tsunami aid money.
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Prime Minister Tony Blair is to make a statement to the Commons on the Asian tsunami, including an update on the British death toll.
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The G7 group of industrialised nations, led by the UK, agrees to freeze debt repayments by tsunami-stricken countries.
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BRITAIN is to write off its share of debts owed by the worldâs poorest countries to the World Bank, Chancellor Gordon Brown will announce tomorrow.
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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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LONDON, Jan 6 (IPS) - World leaders need to cancel debts of poor tsunami-   hit countries rather than just freeze them for now, leading  campaigners  say.
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The Paris Club group of creditors is to examine a debt moratorium for countries hit by the tsunami that devastated southern Asia, a source close to the Club said.
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Britain promised to respond generously to a UN appeal to help victims of the Indian Ocean tsunamis, but would avoid a "bidding war" with other nations pledging aid.
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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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British finance minister Gordon Brown  said on Thursday he has full support from other major  industrialized nations to freeze debt repayments from countries  afflicted by the Asian tsunami disaster immediately.
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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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World leaders are meeting in Indonesia to coordinate relief after the Indian Ocean tsunami. Should debt be cancelled? How long will it take the affected countries to rebuild?
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Canada announced a debt payment moratorium on Thursday for countries struck by the Indian Ocean tsunami, and said it would speak with other creditor nations about offering relief.
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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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British charities are stepping up their efforts today to help the victims of the tsunamis which devastated countries around the Indian Ocean.