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Latest Heavily Indebted Poor Countries Stories

2005-12-19 17:37:41

By Laura MacInnis WASHINGTON (Reuters) - U.S. lawmakers on Monday urged the International Monetary Fund to erase the debts of 18 poor countries, as mandated by the Group of Eight nations, while aid groups warned the deal may be under threat.

2005-08-03 00:16:53

By Lesley Wroughton WASHINGTON (Reuters) - The World Bank is calling for substantial changes in the highly-touted debt relief proposal for poor African countries agreed to at last month's Group of Eight summit.


Word of the Day
bretelles
  • In dressmaking, straps running from the belt in front over the shoulders to the belt in the back, with more or less elaboration of trimming and outline. They usually broaden at the shoulder and narrow toward the waist.
The word 'bretelles' comes from a French word meaning 'braces'.