Oxfam says G8 breaks pledges on poverty

BERLIN (Reuters) - Industrialised nations have broken promises to alleviate poverty and provide better health and education, leading to the deaths of millions of people in poorer nations, Oxfam International said on Thursday.

Group of Eight (G8) nations had fallen far short of meeting a $50 billion (25 billion pounds) funding pledge made at a summit in Gleneagles, Scotland two years ago, said Oxfam, an independent group that works to fight poverty.

"In the past two years, overall progress has fallen far short of promises. The cost of this inaction is millions of lives lost due to poverty," Oxfam said in a report ahead of a meeting of G8 leaders in the German resort of Heiligendamm.

In this same period of time the US has spent $240,000,000 on it's illegal and unwinnable war in Iraq. Makes you wonder who the true terrorists are.