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Growth is needed to relieve debt pressure, but its bureaucracy and politics often overwhelm economics.
Mr Blair's proposals to increase aid, relieve debt and focus primarily on those poor countries ready to help themselves went down much better.
Other news sources have more generally questioned the efficacy of Bono's campaign to relieve debt and provide assistance to Africa.
These investments also relieve debt burdens for middle-class families and by extension, strengthen our entire economy.
"Unfortunately, the CalGuard has no ability to relieve debt, only the Army or Congress can short-circuit this process," Mueller said in the email to lawmakers.
The Department has evidenced no intention to go back over its books and relieve debt obligations that never should have been issued, had Corinthian played by the rules.
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The move is made possible by a $6bn infusion by two Abu Dhabi investment firms, an amount which will go a long way toward relieving debt and covering the cost of establishing the manufacturing arm ("Foundry" for now) as a workable partner.
"When the United States asked us for so much debt relief for Iraq, we said the answer was to also relieve the debt of the poorer nations," said a European diplomat who asked to be anonymous.
The drive to relieve more debt by year's end, pushed primarily by ministers from Europe, where debt relief has become a major political issue, indicates how finance ministers and the heads of lending agencies are shifting their priorities.
Those debts in turn were Brady bonds, an invention of Nicholas Brady, a former American Treasury secretary, which was designed to relieve the debt burden of poor countries.Côte d'Ivoire's eurobond is thus a residue of debt that has soured twice.
Court orders related to the debt threatened to derail the contract so Governor William D. Bloxham visited Disston in Philadelphia to persuade him to relieve the debt.
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