Word: aid
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...surprise, in light of the global economic recession, that the world's richest nations have failed to deliver much of the aid they promised Africa four years ago. But campaigners are not letting the Group of Eight (G-8) industrialized countries off the hook. According to ONE, an advocacy group founded by U2 singer Bono, most of the blame for the shortfall in pledges made at the high-profile Gleneagles summit in 2005 rests on just two countries - Italy and France. Italy, which next month hosts a summit of G-8 leaders, has delivered a minuscule 3% of the amount...
...Gleneagles, the leaders of the U.S., Japan and the wealthiest European countries vowed to supply $21.5 billion in aid to Africa by 2010, to help the continent work its way out of poverty by tackling dire problems in health and education. But with just a year to go, only $7 billion of the additional $21.5 billion has come through - with France and Italy accounting for the bulk of the shortfall, although that could rise to about $11 billion by the end of this year. The star of the donors is Britain, which is on track to become the first...
...would force them to spend hundreds of billions on bailing out their own floundering economies. And the squeeze on the finances of G-8 countries is likely to worsen next year, as governments scramble to lower their deficits rather than risk inflation in the midst of rising unemployment. Overseas aid could then suffer even further cuts. "As governments look to cut deficits, they will look to cut all parts of their budgets, and these parts that are to help the poorest may or may not be cut as part of that process," Bill Gates told reporters in London on Thursday...
...Cuts in aid budgets by the industrialized nations could prove disastrous for some African countries, according to the Africa Progress Panel, a group led by former U.N. Secretary-General Kofi Annan. "The financial meltdown that evolved into an economic recession has now become a development crisis," warns the panel's report, released on Wednesday. "Combined with the food crisis, the volatility in fuel costs and climate change, it threatens to reverse Africa's recent progress...
...attack, including Aleksandar Vorkapic, a Serbian national working for UNCHR and Perseveranda So, a Philippines national running education projects for Unicef. Their deaths may now halt some of the UN's extensive operations in Pakistan's northwest. Most of the staff has been sent to Islamabad. Other aid agencies have ruled Peshawar off-limits and are considering their remaining options...