Africa needs huge debt relief to avert virus catastrophe, G20 warned
Without it, half a billion people may be pushed into poverty, facing a terrible choice: save lives or the economy
The weather at Gleneagles was foul, dreich in a way that only a Scottish summer’s day can be, but the British Isles were bathed in worthiness.
Bob Geldof had been singing in Hyde Park and Bono holding forth at the White House. Up in Auchterarder a British prime minister anxious for post-Iraq redemption succeeded in persuading the assembled leaders of the world’s richest states to write off much of the debt owed to them by its poorest.
Nearly 15 years after Tony Blair’s Gleneagles summit, charities are warning that a bigger demonstration of largesse will be needed when representatives of the world’s 20 biggest economies meet again this week. Held virtually, the G20 finance ministers’ meeting will have none of the expense lavished on delegates at Gleneagles – but the stakes are higher...