Saturday, June 11, 2005

Breaking News: G8 Agrees to Write off $40,000,000,000 Worth of Poor Nation Debt

The world's richest countries agreed Saturday on a historic deal to write off more than $40 billion of debt owed by the poorest nations. The debt relief package backed by finance ministers from the Group of Eight industrialized nations is part of a British-led effort to lift Africa out of poverty.


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