Brown pushes tsunami debt relief
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The chancellor presses the G8 to freeze all debts owed by countries hit by the Asian tsunami disaster, the BBC learns.
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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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The prime minister will address MPs on the Asian quake disaster, as he tries to quell fresh rumours of a rift with Chancellor Gordon Brown.
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Chancellor of the Exchequer Gordon Brown will tour four east and southern African nations this week to examine possibilities for debt relief and other assistance.
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Gordon Brown will this week be urged to intervene on behalf of Argentina at the International Monetary Fund and write off much of the embattled country&#39;s $100 billion-worth of debts.
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Prime Minister Gordon Brown is to visit victims of the flooding that has devastated parts of the UK.
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Britain's Queen Elizabeth II has made a substantial donation to aid efforts for victims of the tsunami disaster in Asia, royal officials said.
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British Prime Minister Gordon Brown pledged more funds on Monday to tackle some of Britain's worst flooding for nearly 60 years as rising waters made thousands homeless and plunged entire towns under water.
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Tony Blair predicts UK aid to countries hit by the tsunami could reach "hundreds of millions" of pounds.
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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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The chancellor presses the G8 to freeze all debts owed by countries hit by the Asian tsunami disaster.
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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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Aid from the UK is already helping in countries worst hit by the tsunami.
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French President Jacques Chirac told his government to push for the Paris Club of creditor nations to put a moratorium on debt payments owed by countries hit by tsunamis in southeast Asia.
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LONDON: The world's rich industrialised nations stepped up their efforts yesterday to help Asian countries devastated by the tsunami by offering to freeze billions of dollars in debt repayments.
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Chancellor Gordon Brown will outline his plans to increase aid to developing countries and eliminate their debt.
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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.