G8 'failing to meet aid pledges' (BBC)

eppur_se_muova

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Sat Jun-10-06 03:24 PM
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G8 'failing to meet aid pledges' (BBC)

By David Loyn
BBC Developing World correspondent

UK charity Oxfam says increases in aid from the world's richest countries are not enough to meet promises they made at the Gleneagles G8 meeting last year.

The claim comes as G8 finance ministers meet in St Petersburg.

It was at the same pre-summit meeting last year that the decision to extend debt cancellation to more countries, including Nigeria, was made.

Oxfam criticises the G8 for adding debt write-off into the total development figure to make it look better.

The G8 countries made a commitment to increase development spending by $50bn (£27bn) a year by 2010.
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more: http://news.bbc.co.uk/2/hi/business/5061764.stm

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Democrats_win

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Sat Jun-10-06 04:14 PM
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1. Appreciate the spin. They should really say it was greed.

The billionaires need every penny from the starving workers so that the 'aires can have a second wife, house and swimming pool to go along with their newly acquired web-based social contact site.

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AtomicKitten

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Sat Jun-10-06 06:25 PM
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2. I never actually believed Bush would cough up the money for AIDS pledged.

As with most, no, all issues, he is entirely full of shit.

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