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| G7 pledges to cancel Haiti debt | G7 pledges to cancel Haiti debt |
| (10 minutes later) | |
| The world's seven most industrialised nations have pledged to write off their countries' debts with Haiti, following a devastating earthquake last month. | The world's seven most industrialised nations have pledged to write off their countries' debts with Haiti, following a devastating earthquake last month. |
| "G7 will cancel all Haiti bilateral debt," Canadian Finance Minister Jim Flaherty said at a G7 summit in Canada. | "G7 will cancel all Haiti bilateral debt," Canadian Finance Minister Jim Flaherty said at a G7 summit in Canada. |
| The G7 group also includes France, Germany, Italy, Japan, the UK and US. | The G7 group also includes France, Germany, Italy, Japan, the UK and US. |
| At least one million people currently need aid in Haiti after the magnitude-7 earthquake that officials say killed more than 200,000 people. | At least one million people currently need aid in Haiti after the magnitude-7 earthquake that officials say killed more than 200,000 people. |
| British Prime Minister Gordon Brown hailed the pledge made at the summit in Iqaluit, northern Canada. | |
| "It must be right that a nation buried in rubble must not also be buried in debt," he said. | |
| "The UK has already cancelled all debts owed to it by Haiti and I strongly welcome today's G7 commitment to forgive Haiti's remaining multilateral debt. We will work with others to make sure this is delivered." |