cancel debts

See: liquidate
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References in periodicals archive ?
A DRO should offer people on low incomes and without assets the chance to cancel debts they simply cannot repay.
Don't get caught out in the debt relief trap; IT'S THE LAST RESORT BUT FIRMS ARE BEING UNFAIR
Small airlines Tame, AeroMexico, Aruba Airlines and Insel Air agreed to receive a single payment of about USD$200 million between them to cancel debts from 2013, the Venezuelan Airlines Association said last week.
IATA says Venezuela must be responsible about the USD4 billion it owes the airlines
The initiative to cancel debts of those affected by the events of 2010 is wrong, said Anvar Abdraev, the President of the Union of Banks.
Bishkek Business Club, Union of Banks, Chamber of Tax Consultants ask to adopt laws not damaging business
In 2005, leaders from all the 191 UN member states present at the World Summit recommitted to achieving the Millennium Development Goals, while leaders at the G8 Summit (the eight developed countries) in Gleneagles agreed to double aid to Africa to $50 billion per year by 2010 (roughly $70 per African per year) and to cancel debts for the poorest countries.
UNDP Envoy Lauds Iran's Efforts in Implementing 3rd Millennium Project
Rob Reynolds, Al Jazeera's correspondent in Haiti, said: "The pledge to cancel debts comes as the World Bank and IMF are also working on wiping the slate clean on Haiti's debt - a debt that this country is in no position to pay.
G7 pledges to wipe out Haiti debt
No details were given, but at the last forum in 2006, China pledged to double assistance to Africa by 2009, provide $5 billion in preferential loans and credits, cancel debts and establish a $5 billion fund to encourage Chinese investment.
China to map out Africa strategy at forum in Egypt
Creditors rejected the proposal and are unwilling to cancel debts without getting something back.
Eurotunnel crisis talks
In a prelude to the summit, G8 finance ministers announced on June 11 a plan to cancel debts owed by some low-income countries to global financial institutions such as the World Bank and the International Monetary Fund (IMF).
G-8 summit does 'too little' for world's poor: Kairos
In the run-up to the G-8 summit, it was decided to cancel debts that Rwanda, Mozambique and 12 other African countries owe to international organizations.
Japanese editorial excerpts -4-
I think they should cancel debts and triple or double aid relief.
It's time to do something about Third World debt relief; YOUR SHOUT: The page where teenagers set the agenda
The Prime Minister was "increasingly hopeful" on moves to cancel debts hanging over poor African states.
Player sues Gary Lineker
But, since then, the US has backed off on promises to cancel the debts owed to the IMF by the poorest countries, even though it spent precious political capital to cancel debts of Iraq.
Mandela's White House Meeting to Discuss AIDS Policy

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