Deal for Africa seen in jeopardy

Speaking on Friday 4 February US Treasury Under Secretary appeared to reject a plan to create an International Finance Facility to raise $100 billion a year for African nations.

British finance minister Gordon Brown, the meeting's host, has made a string of proposals to reduce Third World debt and has already secured the support of his European G7 partners.

But John Taylor, U.S. Treasury Under Secretary, rejected a plan to create an International Finance Facility (IFF) to raise $100 billion a y