EU calls for aid to poor nations

The European Commission President Jose Manuel Barroso has called for a 'human rescue' package to help poor countries.
Speaking at the opening of a high-level UN conference on aid, Mr Barroso said it would be 'obscene' to neglect the human cost of the global slowdown.
The UN Conference on Financing for Development is meeting in Doha, Qatar to track progress on development aid.
There are fears that rich countries will cut back on development aid ... Full Story »

Posted by Fabrice Florin
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Subjects: World, U.S., Business
Member Tags: poor
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Posted by: Posted by Fabrice Florin - Nov 28, 2008 - 11:02 AM PST
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Derek Hawkins
3.3
by Derek Hawkins - Nov. 30, 2008

A concise, factual article on an important topic. This is more of an update than anything else, though. Reads like a radio report. Another source would have helped make the last section more substantive.

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Fabrice Florin
3.7
by Fabrice Florin - Nov. 30, 2008

Short but informative report on fears that rich countries may cut back on financial development aid as a result of the economic crisis. This article starts by quoting remarks by European Commission President Jose Manuel Barroso at a UN conference on financial aid in Doha, Qata. It then provides factual information and helpful context on how rich countries have delivered less than half of their $50 billion pledge to halve poverty by 2015. Important information about a critical topic.

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Peter L. Combs
3.6
by Peter L. Combs - Nov. 29, 2008

The story draws attention to a current a nd likely growing problem. More deatails would have been usefull in making a compelling case.

When I thinki of the billions blown on the fat in bailout plans, the wealth lost by the world's banking community in the last few years and how much it could have impacted positively needs like this..it makes me sick.

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Marsha Iverson
3.6
by Marsha Iverson - Nov. 30, 2008

Solid overview of the global economic elements of poverty, with hints of the impact to come as anticipated levels of aid drop because of the global economic crisis. Also mentioned are a few of the key players: world finance groups, and NGOs providing aid. Missing are the realities facing the "undeveloped" countries, and their poorest citizens. Also missing are the factors--largely controlled by global mega-corporations and profiteering governments--that contribute to the lack of development, the poverty, exploitation, and potential starvation of the poor. Not all of this information can be included in one story, but I hope to see many links and following reports that provide the fuller picture.

To fully understand this story, more information is required. A charitable interpretation of the facts will excuse the current situation and looming catastrophe to unanticipated side-effects--or "collateral damage"--of the worst aspects of globalization. Rather than launch a blame-storm, let us begin by acknowledging the scope of the crisis, and finding speedy and effective solutions. Everyone deserves adequate food, clean water, air safe to breathe, and untainted land for raising ... More »

The World Bank has said that developing countries are facing a ‘perfect storm’, with the convergence of slowing growth, a withdrawal of private capital, and ... More »

See Full Review » (14 answers)

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