Snow: US Backs Sweeping Debt Relief
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US Treasury Secretary John Snow repeated on Sunday the Bush administration would support complete debt relief for the poorest countries and said details of how to implement a plan could be worked out.
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WASHINGTON With public pledges and in private conversations, Britain managed over the weekend to move the United States closer to full forgiveness of the debts of the poorest countries during the annual meetings of the World Bank and the International
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US Treasury Secretary John Snow said on Wednesday that cutting a record budget deficit was a top priority for the second-term Bush administration and challenged Europe to play its part in helping trim the US trade gap by boosting their own economic growth
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WASHINGTON -- The United States yesterday forgave $4.1 billion Iraq owed it and urged other nations not part of an international debt relief agreement to follow suit.
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DUBLIN : With protests growing around the world about US deficits and a weak dollar, US Treasury Secretary John Snow has made it clear that&#39;s not what he wants to talk about during his European tour.
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The United States will try to convince more of Iraq&#39;s creditors to forgive the country&#39;s debt, Treasury Secretary John Snow said on Friday.
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17 December 2004 (NCA) -- The United States formally wrote off all of its $4.1 billion in Iraqi debt and urged other nations to follow the example.
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The US House of Representatives approves a major financial package to stimulate the US economy.
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WASHINGTON, Oct 3 (IPS) - Anti-debt campaigners are hailing as groundbreaking  Monday's decision by Norway to cancel 80 million dollars in  debt owed by five poor nations after it determined that the loans  were not granted in a good faith effort to promote development.
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US President George W. Bush on Sunday hailed an agreement by the Paris Club of creditor nations to cancel 80 percent of Iraq&#39;s debt and called on other nations to join in as well.
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Major economic powers agreed Sunday to write off more than $31 billion in debt for Iraq in a deal that boosted U.S. efforts to help put the Iraqi economy back on its feet.
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US Treasury Secretary John Snow said that Washington was committed to reducing its budget deficit, which he acknowledged was &quot;too large&quot;.
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The United States boosted the fledgling recovery of Liberia by announcing it was erasing the war-ravaged West African nation's bilateral debt.
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The US cancels all the debt owed to it by Iraq and calls on other countries to do the same.
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Treasury Secretary John Snow pledged to reduce the U.S. budget deficit, blamed by Europeans for the euro s gains against the dollar and cited as a risk to global growth by ministers from 20 industrial and ...
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THE administration of US President George W Bush will agree to write off the $US4.1 billion ($5.4 billion) worth of debt Iraq racked up during the regime of Saddam Hussein.
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International momentum was building in support of debt relief for tsunami-hit nations on Wednesday after Japan backed the idea despite Australian concerns a debt freeze might not benefit those most in need.