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World Bank Meetings End Without Debt-Relief Deal

Foreign ministers and officials from the World Bank and IMF fail to reach an agreement on debt relief. But outgoing World Bank President James Wolfensohn is hopeful that ministers laid the groundwork for a future breakthrough during a series of meetings in Washington this weekend.

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Adam Davidson is a contributor to Planet Money, a co-production of NPR and This American Life. He also writes the weekly "It's the Economy" column for the New York Times Magazine.
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