:lol:
Did Live 8 and G8 help cut Africa's debt burden?
:lol:
anyway...no, of course not but have a read if ya want:
Hyde Park in central London. Sir Paul McCartney and U2 were part of a star-studded line up that took to the stage back in 2005 with a simple message to world leaders: "Make Poverty History."
Thousands of people wore white wristbands to show their support for the campaign.
The immediate aim of the Live 8 concerts in London and elsewhere was to send a message to a summit that was about to take place in the UK.
It was the G8 Summit at Gleneagles in Scotland and the host, the British Prime Minister Tony Blair, had debt relief and aid on the agenda
The group agreed to call for full cancellation of the debts owed by these countries to the International Monetary Fund, the World Bank and the African Development Bank, a move approved by the full membership of the two organisations later that year.
It built on a scheme first launched back in 1996, "with the aim of ensuring that no poor country faces a debt burden it cannot manage".
The point of the exercise was to free resources for countries to spend on reducing poverty.
In addition, there was a commitment at Gleneagles to increase development aid (compared with the 2004 level) by $50bn a year, with half of that amount to go to Africa. The target date for the increase was 2010.
Did they deliver?
left wing jerry's kids celebrity circle jerk here:
Did Live 8 and G8 help cut Africa's debt burden? - BBC News
Did Live 8 and G8 help cut Africa's debt burden?
:lol:
anyway...no, of course not but have a read if ya want:
Hyde Park in central London. Sir Paul McCartney and U2 were part of a star-studded line up that took to the stage back in 2005 with a simple message to world leaders: "Make Poverty History."
Thousands of people wore white wristbands to show their support for the campaign.
The immediate aim of the Live 8 concerts in London and elsewhere was to send a message to a summit that was about to take place in the UK.
It was the G8 Summit at Gleneagles in Scotland and the host, the British Prime Minister Tony Blair, had debt relief and aid on the agenda
The group agreed to call for full cancellation of the debts owed by these countries to the International Monetary Fund, the World Bank and the African Development Bank, a move approved by the full membership of the two organisations later that year.
It built on a scheme first launched back in 1996, "with the aim of ensuring that no poor country faces a debt burden it cannot manage".
The point of the exercise was to free resources for countries to spend on reducing poverty.
In addition, there was a commitment at Gleneagles to increase development aid (compared with the 2004 level) by $50bn a year, with half of that amount to go to Africa. The target date for the increase was 2010.
Did they deliver?
left wing jerry's kids celebrity circle jerk here:
Did Live 8 and G8 help cut Africa's debt burden? - BBC News