Britain may withhold World Bank donation
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The British government threatened Thursday to withhold a $94 million contribution to the World Bank to protest the conditions the bank places on aid to poor countries.
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WASHINGTON, Mar 10 (IPS) - Campaigners across Europe have called on their   governments to withhold funds from the World Bank unless  specific changes  are made to policy and practice at the  Washington-based public lender. But  analysts say that if the  past is any indication, a positive response is  unlikely.
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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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LONDON, Sep 15 (IPS) - ? The British government statement that it is    withholding some funds from the World Bank has drawn conditional    praise from aid agencies.
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Peter Hain is to submit a file admitting he failed to declare tens of thousands of pounds in donations.
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International organisation and countries are poring in relief and over $500 million have already been pledged. This includes $250 million for tsunami relief offered by the World Bank on Thursday.
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The BBC's governing Trust defers a decision on funding the international part of the BBC website with adverts.
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The World Bank likely will redirect money from existing projects in the Asian nations devastated by earthquakes and flooding to provide immediate assistance for reconstruction, officials said Monday.
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Money lying dormant in bank accounts should be used to support groups fighting deprivation, a report says.
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The UK Independence Party's largest donor has said he will not be contributing more funds.
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The UK government on Friday directed financial institutions to freeze the funds of the London-based Movement for Islamic Reform in Arabia (MIRA) with immediate effect.
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Britain needs to spend more to help poorer nations deal with climate change, Oxfam says.
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Britainâs buoyant borrow-and-spend era may be coming to an end, and there are accounts still to be settled.
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A Labour donor says he will almost certainly stop giving money because of Cabinet disunity and overseas concerns.
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Millions of pounds of public money aimed at helping the most deprived areas of Wales is being sent back unused, it has emerged.
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The UK is to pay off 10 percent of the money owed by the world&#39;s poorest countries to the World Bank and the African Development Bank in an attempt to free them from &quot;the shackles of debt&quot;, British Finance Minister Gordon Brown was to announce today.
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The United States lost its status as the largest donor to the World Bank's main fund for poor countries, the lender said on Friday, as Britain pledged more in the latest funding round that secured a record amount of aid.