Snow urges end to lend-and-forgive cycle - Yahoo! News

Following up on yesterday's story of the forgiveness of Nigeria's is today's speech by US Treasury Secretary John Snow who stressed that debt forgivenss alone is not enough:Snow urges end to lend-and-forgive cycle - Yahoo! News: "'The clearance of unsustainable debt is a critical component of the broader solution,' Snow said in prepared remarks to the Development Committee of the World Bank and