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			24 January 2001   Editor :   France to cancel poor countries debts French President Jacques Chirac announced on Friday that France would cancel all, instead of 90 percent, of commercial Paris Club debts it is owed by 19 poor countries, of which 15 are African. From: World Bank. 23 January 2001 More about: France, Debt Cancellation, G8    IMF withholds loan as China agrees to cancel Kenyan debts The IMF has been forced to postpone the release to Kenya of the second tranche of its so-called Poverty Reduction and Growth Facility (PRGF)while Chinese Ambassador Du Qiwen announced that China has pledged to cancel Kenyas debt, set up a special fund for human resource development, and address the trade imbalance between the two countries From: Jubilee 2000. 23 January 2001 More about: China, Kenya, Debt Cancellation, Economy, IMF    Bush-man says IMF blunders are 'unintentional' US Treasury Secretary-designate Paul O'Neill gave the IMF an easy ride in Senate confirmation hearings, offering the global lender some gentle advice and forgiving its past mistakes as unintentional, reports Reuters. From: World Bank. 19 January 2001 More about: United States, IMF    IMF the main beneficiary of Zambian HIPC deal An analysis carried out by the newly-launched JubileePlus - reveals that Zambia will be paying substantially more to the IMF and World Bank than other creditors under the enhanced HIPC debt deal. From: Jubilee 2000. 15 January 2001 More about: Zambia, Debt Relief, HIPC, IMF, Structural adjustments, World Bank    Chains of debt left behind by US-trained dictators Graduates of US Army School of Americas, based in Fort Benning, Georgia left their countries billions of dollars in debt, with loans from wealthy governments (including the US) and agencies like the IMF, the World Bank, and the Inter-American Development Bank. From: Jubilee 2000/USA Campaign. 12 January 2001 More about: Argentina, Bolivia, Brazil, Chile, El Salvador, Haiti, Latin America & Caribbean, Paraguay, United States, Corruption, Governance & Democracy, Poverty    G8 to focus on debt relief The Group of Eight rich countries will this year focus on debt relief for poor countries, tackling world poverty and making global governance more democratic and accountable, the Financial Times reports Italian Prime Minister Giuliano Amato has said From: World Bank. 12 January 2001 More about: Italy, Debt Relief, G8    Vatican council demands total debt cancellation A key Council at the Vatican has issued a call for total cancellation of unpayable debts including those owed to the international financial institutions From: Jubilee 2000/USA Campaign. 12 January 2001 More about: Vatican City State (HolySee), Debt Relief    Good governance, development are bad bedfellows_ According to a study done in 61 nations by the Institute for Development Studies, countries with governance institutions that are attractive to international investors tend to perform badly at converting material resources into human development. From: Europe's Forum on International Cooperation. 10 January 2001 More about: Development, Economy, Governance & Democracy    Oil prices derail reform programmes The World Bank has approved a total of US$155 million in supplemental credits to assist seven sub-Saharan African countries mitigate the impact of unexpected oil price increases and other terms of trade losses.The increase in oil prices is jeopardizing the sustainability of ongoing reform programs in Madagascar, Mali, Mauritania, Niger, Rwanda, Zambia and Uganda. From: World Bank. 8 January 2001 More about: Madagascar, Mali, Mauritania, Niger, Rwanda, Uganda, Zambia, Structural adjustments, World Bank, WTO & Trade    Italian G8 presidency must complete unfinished business of debt cancellation Debt campaigners have welcomed the announcement by Giuliano Amato, the Italian Prime Minister, that debt and poverty reduction in the poorest countries will top the agenda at this years G8 summit, but warned that if the debt crisis is to be finally solved, a New Deal on Debt is needed in 2001. From: Drop the Debt. 19 January 2001 More about: Italy, Debt Cancellation, Debt Relief, G8    Debt servicing retards fight against AIDS Delegates at the recent African Development Forum (ADF 2000) held in Addis Ababa, Ethiopia have concluded that debt servicing and the resultant poverty are among the key factors retarding the fight against HIV/AIDS in Africa. Image: Dorika Gabriel carries her son Joseph, who is ill with AIDS in Bukarika, Tanzania ©Christian Aid From: allAfrica.com. 4 January 2001 More about: Africa, Debt Relief, Health    Wiping out debt is only a start - Wolfensohn World Bank President James Wolfensohn writes in the Guardian that resources released by debt relief will enable governments to sharply increase desperately needed social investments From: Guardian Unlimited. 3 January 2001 More about: Aid, Debt Cancellation, Debt Relief, Economy, HIPC, Poverty, Structural adjustments, World Bank, WTO & Trade    El Salvador kicks off 2001 with new dollar economy El Salvador has adopted the US dollar as legal tender, kicking off the new year with a brisk exchange of greenback bills at automated teller machines in supermarkets and banks, reports AFP. From: World Bank. 3 January 2001 More about: El Salvador, Economy    Kenya risks aid freeze Just when international donors were beginning to feel safe returning to Kenya, the East African country seems to be behaving in a way calculated to incur another aid freeze From: Daily Mail & Guardian. 3 January 2001 More about: Kenya, Aid, Corruption, Debt Relief, Economy, IMF, Structural adjustments, World Bank    African communities take charge of development The World Bank this month approved two $90 million poverty reduction loans to Nigeria and Senegal which heavily empower target communities with the projects management and implementation. From: World Bank. 4 January 2001 More about: Nigeria, Senegal, Aid, Capacity building, Development, Poverty, World Bank    Rwanda faces more conditions to receive full debt relief Rwanda is set to receive $810 million debt relief over the coming years as part of the World Bank and IMF scheme but full assistance will not be received until further economic conditions are met. From: United Nations' Integrated Regional Information Network. 27 December 2000 More about: Rwanda, Debt Relief, HIPC, IMF, World Bank    Malawi sees debt relief as escape from poverty Finance Minister Matthews Chikaonda says the IMF and World Bank decision to give $1 billion debt relief to Malawi offers the chance to break the cycle the poverty and rejects allegations that debt relief savings could be lost to corruption. Image: Child being weighed American Refugee Committee From: World Bank. 27 December 2000 More about: Malawi, Corruption, Debt Relief, HIPC, IMF, Poverty, World Bank      Today's news on OneWorld. Slain Congolese leader laid to rest Violence rocks Kinshasa after Kabila burial Global deforestation rate slowing, says UN Russia u-turns on threat to halt debt service Russia will pay all its international debts, the International Herald Tribune reports President Vladimir Putin vowed after meeting German Chancellor Gerhard Schröder in Moscow Sunday. Concern about Russia's debt-payment intentions arose this month when the Kremlin said it would miss first-quarter payments this year to the Paris Club. From: World Bank. 9 January 2001 More about: Russian Federation, Debt Relief, Structural adjustments Japan attacks debt with leaner budget The Japanese government announces the first cut in overall spending for six years and signals a willingness to address the country's growing debt crisis. From: Guardian Unlimited. 21 December 2000 More about: Japan, Economy Debt relief alone is unable to revamp Zambia's economy IMF official says that Zambia's recent debt relief was inadequate to solve problems of abject poverty and social needs but can provide an opportunity for the country to address its own problems. From: allAfrica.com. 18 December 2000 More about: Zambia, Debt Relief, HIPC, IMF, Poverty