Poor Malawi struggles beyond reach of G8 largesse
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Malawian widow Akice Kunkhoma  makes just pennies a day as she looks after five grandchildren  orphaned by AIDS, but she still owes the world's richest  nations $240 -- with interest.
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The world&#39;s leading finance officials and ministers appear to be failing to reach agreement on debt relief for the poorest nations.
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BRUSSELS, Jul 14 (IPS) - Anti-poverty campaigners are concerned that a new  European Union proposal for improving development aid may not  result in sufficient extra money for health and education in poor  countries.
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The government is taking over the presidency of the Group of Eight rich nations with devastation left by the Indian Ocean tsunami overshadowing a planned agenda aiming to address poverty in Africa and tackle ...
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LILONGWE, Jan 31  (IPS) - Malawi finally has to face up to the dilemma of  choosing between being a member of the Southern African  Development Community (SADC) or to stick with the Common Market  for Eastern and Southern Africa (COMESA) if it is to continue  receiving funding from the European Union (EU).
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She wants to help Malawi. But will people buy the mistress of reinvention as a philanthropist?
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Broadband Internet connections in  Africa are expected to more than double by 2011, but the  continent is falling further behind the rest of the world as  governments fail to open markets and drive down costs.
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How to create sustainable employment for impoverished, mostly illiterate African populations residing primarily in rural areas is the challenge the African Union aims to tackle at a summit opening Wednesday in Burkina Faso.
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BLANTYRE, Aug 23  (IPS) - Manufacturers, exporters and even government  officials in Malawi are jittery about January 1, 2008. On that  day the economic partnership agreements (EPAs), currently being  negotiated between the European Union (EU) and six groupings of  African, Caribbean and Pacific (ACP) countries, will come into  force.
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WASHINGTON - World finance leaders, struggling to find a way to help the world&#39;s poorest countries get out from under huge debts, did not reach agreement Saturday, but promised to devise a new plan by year&#39;s end.
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Despite some progress, sub-Saharan Africa is behind schedule on all its U.N. Millennium Development Goals, which include halving extreme poverty, halfway towards their target date, the world body reported on Wednesday.
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American economist Jeffrey Sachs has a novel way to tackle African poverty: Shower more aid on the world's poorest continent.
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Leaders from the Group of Seven rich industrialized nations need to do more to aid poor African countries, Canadian Finance Minister Ralph Goodale said on Thursday.
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One of the biggest reasons that very poor countries can&#39;t provide decent education and health care is that they are stuck in a cycle of debt owed to the International Monetary Fund, the World Bank and regional development banks, much of it dating to the
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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 &#36;50 billion a year to help more than one billion people escape extreme poverty and start sharing global prosperity.
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American economist Jeffrey Sachs  has a novel way to tackle African poverty: Shower more aid on  the world's poorest continent.
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The annual meeting of World Bank and IMF failed to arrive at a consensus in giving more powers to developing countries in decision-making besides increasing aid flow for reducing poverty.