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'Strong movement' toward Haiti debt relief: Canada's FM

by Staff Writers
Iqaluit, Canada (AFP) Feb 5, 2010
Canada's finance minister announced "strong movement" in preliminary G7 talks Friday to forgive Haiti's foreign debt, following a devastating quake last month.

"There's some progress on that and I'm sure we'll talk about it over the weekend," Finance Minister Jim Flaherty told reporters.

"I've talked to some of the international financial institutions that are represented here and I think there's a strong movement for debt forgiveness and assistance for Haiti."

The Group of Seven industrialized nations' finance ministers and central bankers, as well as representatives from the International Monetary Fund, the World Bank and other global financial institutions, were meeting Friday and Saturday in Canada's for north to discuss firming a shaky global recovery.

Haiti debt relief is also on the agenda.



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DISASTER MANAGEMENT
Haiti Earthquake: A Reminder That Disasters Are Preventable
Boulder CO (SPX) Feb 04, 2010
Amid all the commentary focused on the historic tragedy in Haiti, a tough but important fact has gone virtually unmentioned, according to a nationally recognized expert on disasters at the University of Colorado at Boulder. "What is missing from the tragedy of disaster, and our response to it, is the recognition that disasters are preventable, that it is within the power of societies and c ... read more







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