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To: RealMuLan who wrote (59341)	1/24/2005 10:43:39 AM
From: BubbaFred	Read Replies (1) \| Respond to of 74559

Concerted effort to expand US imperialism under the cloak of "spreading democracy". It's US last stand to curb the spread of wealth and prosperity around the world. What a hoax!, but majority of Americans are imbued by it. EU will not go along with it and neither does South America with Brazil in the lead. But there are many who are on US foreign welfare program, and US still has financial clout for another 20 years or so.

To: RealMuLan who wrote (59341)	1/24/2005 11:32:27 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

British Finance Minister Gordon Brown is trying to steal the thunder. See please article below. Note his sudden interest in inviting South Africa, Brazil, India and China to a breakfast meeting during next G-7 meeting. He knows that those countries are out to take traditional markets and gain political clout. OK, he may also ask Brazil's Palocci (Lula president campaign manager) for some hints on how to manage a challege against Tony Blair in the next's election. British Finance Minister Gordon Brown made the proposal last week at a meeting in Cape Town with other African finance ministers. The Commission for Africa, set up last year by British Prime Minister Tony Blair, aims to advise rich countries on how best to assist in Africa's development. "We think an immediate increase in aid of 60% from current levels can be absorbed and productively used by African countries," said Nankani. "We are on record as saying that meeting the United Nations (UN) millennium development goals require a doubling in aid." World leaders pledged four years ago to step up efforts to reduce poverty by 2015, with the UN member states committing to achieving a range of goals on reducing poverty, hunger, child mortality and provide universal access to education. The UN published a report last week calling for the doubling of aid to developing countries in order to meet the goals. Nankani also said he supported the UK's proposals for a debt write-off for old debt owed to the World Bank and International Monetary Fund by the poorest African countries. Brown, speaking last week, said World Bank shareholders, which include the world's 10 richest countries, should pay part of African countries' debt. Nankani said he supported this option over proposals by the US that the World Bank should bear the costs of the debt cancellation. He said the US proposal would result in the bank "using funds that would have gone to better-performing countries". The World Bank expects to increase its lending to African countries to around $4,5bn this year from $4,2bn last year. Nankani said the bank had already doubled its aid to Africa from $2bn in 2001. He was speaking at the end of an annual meeting with African government officials and organisations last week, called the Strategic Partnership with Africa. He said the issues raised by the partnership in previous meetings were now high on the agenda of the international community. "There is broad recognition of the need for shared growth as well as dependable financial flows at higher levels and better quality," Nankani said