New Events

International

no events posted in last week

Blog Feeds

Anti-Empire

Anti-Empire

offsite link North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

offsite link Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?

offsite link Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?

offsite link ?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?

offsite link US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty

Anti-Empire >>

Human Rights in Ireland
Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link News Round-Up Tue Jul 01, 2025 01:04 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link Why Do 1,000 Refugees Get Free Wimbledon Tickets While Long Suffering Locals Get None? Mon Jun 30, 2025 19:37 | Jo-Anne Nadler
As Wimbledon gets underway, its SW19 neighbours have to put up with a lot, from encroaching development to security checks to get home. Yet, unlike 1,000 refugees, they're shut out from the tennis, says Jo-Anne Nadler.
The post Why Do 1,000 Refugees Get Free Wimbledon Tickets While Long Suffering Locals Get None? appeared first on The Daily Sceptic.

offsite link Criminal Investigation Launched into Bob Vylan and Kneecap?s Glastonbury Performances as US Revokes ... Mon Jun 30, 2025 17:43 | Will Jones
Police have announced a criminal investigation into Bob Vylan and Kneecap's Glastonbury?performances as the Trump administration kills the punk duo's American tour by revoking their visa over antisemitic death chants.
The post Criminal Investigation Launched into Bob Vylan and Kneecap’s Glastonbury Performances as US Revokes Punk Group’s Visa Over Antisemitic Death Chants appeared first on The Daily Sceptic.

offsite link What is the Purpose of Sydney Sweeney?s Bathwater? Mon Jun 30, 2025 15:30 | Chris Bullick
Unilever ? the company that once declared "brands without purpose have no future" ? has bought the Sydney Sweeney bathwater soap brand. Woke is dead, says Chris Bullick.
The post What is the Purpose of Sydney Sweeney’s Bathwater? appeared first on The Daily Sceptic.

offsite link Chris Whitty Was Behind Covid Guidance That Triggered Care Homes Spread, FOI Emails Reveal Mon Jun 30, 2025 13:01 | Will Jones
Professor Sir Chris Whitty?was responsible for government guidance that was believed to have triggered the spread of Covid into?care homes, the Telegraph has revealed.
The post Chris Whitty Was Behind Covid Guidance That Triggered Care Homes Spread, FOI Emails Reveal appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network
Voltaire, international edition

offsite link Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en

offsite link Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en

offsite link Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en

offsite link Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en

offsite link The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en

Voltaire Network >>

G20 Finance Ministers Kick COVID Crisis Decisions to Fall

warning

Internal Error

The site may be undergoing difficulties due to heavy load please try again later!


warning

Internal Error

The site may be undergoing difficulties due to heavy load please try again later!


category international | economics and finance | press release author Saturday July 18, 2020 20:46author by Zach Conti, zach@jubileeusa.org - Jubilee USA Report this post to the editors

Chaired by Saudi Arabia, G20 Finance Ministers met virtually and focused on the global health and economic impacts of the coronavirus. A communiqué issued by the Ministers suggested most decisions on the crisis will be made later in the year.

Chaired by Saudi Arabia, G20 Finance Ministers met virtually and focused on the global health and economic impacts of the coronavirus. A communiqué issued by the Ministers suggested most decisions on the crisis will be made later in the year.

"The G20 Finance Ministers offered stronger language on the need for the private sector to participate in debt payment relief initiatives for the world's poorest countries," stated Jubilee USA Executive Director Eric LeCompte who monitors the G20. "This is important as some private sector creditors are resisting the debt relief process."

Jubilee USA organized a letter, signed by hundreds of organizations, to the G20 Finance Ministers ahead of their meeting calling for action in the face of the coronavirus crisis. The letter recommended expanded debt relief, more aid for developing countries, processes to curb tax evasion and corruption and enacting market and financial crisis protections. The letter was signed by more than 200 groups and included some of the largest religious, labor, human rights, development and environmental institutions.

In April the G20 approved a plan for 73 developing countries to suspend debt payments to G20 countries. 42 countries applied for the program that offers debt relief until the end of 2020.

"Given the severity of the current crisis, we hoped we'd see more action, including extending the debt payment suspension initiative into next year," said LeCompte who serves on United Nations finance expert groups. "Decisions on further debt payment suspensions, permanent reductions of debt, trillions of dollars of needed aid and extending debt relief to more struggling countries will be left for meetings later this year."

In the Fall, the United Nations General Assembly meets. However the next round of decisions on coronavirus health and economic solutions most likely will take place at October IMF and World Bank meetings and November G20 meetings.

"The G20 wants to see more aid and financing options to consider from the IMF in the Fall. This is an allusion to accessing global reserve funds or what's known as the Special Drawing Rights," said LeCompte. "The Finance Ministers also emphasized again a strong commitment to moving forward global anti-money laundering laws."

Read the G20 Finance Minister Communiqué below.

Jubilee USA Network is an alliance of more than 75 US organizations and 750 faith communities working with 50 Jubilee global partners. Jubilee USA builds an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA wins critical global financial reforms and won more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

###

Related Link: https://g20.org/en/media/Documents/G20%20FMCBG%20Communiqu%C3%A9%20-%20July%202020.pdf

warning

Internal Error

The site may be undergoing difficulties due to heavy load please try again later!


© 2001-2025 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy