G-8 approves &#36;60B Africa aid
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Germany's development minister said Friday the Group of Eight member states had agreed on a program worth more than $60 billion to combat the spread of HIV/AIDs in Africa.
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The British government offered a sweeping plan yesterday for the Group of Seven nations to dramatically increase aid to the developing world and to forgive 100 percent of Africa's $70 billion in debt.
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The United Nations appealed to  the world's prosperous nations on Thursday for $3.9 billion in  donations next year to address humanitarian emergencies  touching 27 million people in 29 countries, with most of the  money targeted at Africa.
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HEILIGENDAMM, Germany -- The world's leading industrialized nations yesterday pledged $60 billion to fight AIDS, malaria, and tuberculosis, mainly in Africa, but human rights groups termed it an insufficient commitment and part of a pattern of unfulfilled promises.
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HEILIGENDAMM, Germany  - Leaders of the world's major powers will turn their attention to Africa on Friday and are widely expected to announce a $60 billion pledge to fight AIDS and other killer diseases.
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Conflicts have cost Africa $300bn over 15 years, equivalent to aid received in that period, a report says.
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HEILIGENDAMM, Germany  - World powers on Friday pledged $60 billion to fight AIDS and other diseases ravaging Africa but development campaigners complained the Group of Eight had offered little fresh cash for the poor.
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China and Argentina signed accords on Tuesday that could bring nearly &#36;20 billion in investment from the Asian giant over the next 10 years for the capital-starved Latin American economy.
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HEILIGENDAMM, Germany  - World leaders meeting in Germany turned their attention to Africa on Friday, agreeing a $60 billion pledge to fight AIDS and other killer diseases ravaging the continent, according to a diplomat.
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The United Nations on Friday asked wealthy nations to donate an extra &#36;59 million in aid to help about 400,000 people in Grenada and Haiti recover from a recent wave of storms and flooding.
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President Bush on Friday signed into law a measure authorizing an &#36;800 billion increase in the credit limit of the United States, the White House said.
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The World Bank approves a $600m loan aimed at helping millions of poor farmers across India.
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Bulgaria donated $56.6 million in  Soviet-era debt owned by Libya as its contribution to a deal  that led to the release of six medics convicted of infecting  Libyan children with HIV.
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To strengthen the fight against AIDS, TB and Malaria in India, Global Fund (GF), a US-based funding agency, has approved grants worth 413 million dollars to India for seven proposals, each of five-year duration.
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Addis Ababa, December 16,2004 (EH)- German President His Excellency Prof. Dr. Horst Koehler reaffirmed his country's commitment to increase its development assistant to Africa.
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Canada and most other members of the G8 are failing to meet their fair share of the cost of financing the Global Fund to Fight AIDS, Tuberculosis and Malaria, the Global AIDS Alliance said Thursday.
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Climate change and aid to Africa are top issues for leaders of industrialized nations.