G8 Debt Deal Under Threat at IMF

This didn't take long to get scuppered:

"Even before the ink has dried on proposals to relieve poor countries' debts to international lenders, the deal agreed by the G8 at Gleneagles is under threat.

A number of European governments are apparently having second thoughts about proposals for debt relief which formed a key part of the help world leaders offered to Africa at last week's summit."

Source: BBC News, Friday 15th July, 2005