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Interested in maladministration. Estd. 2005

offsite link RTEs Sarah McInerney ? Fianna Fail supporter? Anthony

offsite link Joe Duffy is dishonest and untrustworthy Anthony

offsite link Robert Watt complaint: Time for decision by SIPO Anthony

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

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Human Rights in Ireland
A Blog About Human Rights

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offsite link 5 Year Anniversary Of Kem Ley?s Death Sun Jul 11, 2021 12:34 | Human Rights

offsite link Poor Living Conditions for Migrants in Southern Italy Mon Jan 18, 2021 10:14 | Human Rights

offsite link Right to Water Mon Aug 03, 2020 19:13 | Human Rights

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Lockdown Skeptics

The Daily Sceptic

offsite link EXCLUSIVE: A Third of U.K. Met Office Temperature Stations May Be Wrong by Up to 5°C, FOI Reveals Fri Mar 01, 2024 07:00 | Chris Morrison
A third of U.K. Met Office temperature stations have 'junk status' and may be wrong by up to 5°C, an FOI reveals. A further almost 50% are 'near junk' and may be out by 2°C.
The post EXCLUSIVE: A Third of U.K. Met Office Temperature Stations May Be Wrong by Up to 5°C, FOI Reveals appeared first on The Daily Sceptic.

offsite link News Round-Up Fri Mar 01, 2024 00:22 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the virus and the vaccines, the ?climate emergency? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link Climate Change is Bigger Existential Threat Than Nuclear Holocaust, Says Biden Thu Feb 29, 2024 18:04 | Richard Burcik
What's the bigger existential threat to humanity, climate change or nuclear holocaust? Biden says climate change, Trump disagrees. Richard Burcik looks at the facts.
The post Climate Change is Bigger Existential Threat Than Nuclear Holocaust, Says Biden appeared first on The Daily Sceptic.

offsite link How Sweden Proved the World Wrong About Lockdown Thu Feb 29, 2024 15:24 | Will Jones
Two Swedish researchers from Lund University have shown once again that Sweden proves the world wrong about lockdown, publishing their research in the journal Economic Affairs.
The post How Sweden Proved the World Wrong About Lockdown appeared first on The Daily Sceptic.

offsite link Stonewall Funded Church of England Guidance that Said Primary Schoolchildren Can be Transgender Thu Feb 29, 2024 13:00 | Will Jones
Church of England guidance telling primary schools that children as young as five can be transgender was funded by Stonewall, it has emerged.
The post Stonewall Funded Church of England Guidance that Said Primary Schoolchildren Can be Transgender appeared first on The Daily Sceptic.

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Voltaire Network
Voltaire, international edition

offsite link The European Union against farmers, by Thierry Meyssan Tue Feb 27, 2024 06:58 | en

offsite link The Silence of the Guilty, by Manlio Dinucci Mon Feb 26, 2024 13:24 | en

offsite link Thierry Meyssan's interview with the Serbian daily Ve?ernje Novosti, by Thierry ... Mon Feb 26, 2024 05:29 | en

offsite link Ukraine at the heart of the Munich Security Conference Sat Feb 24, 2024 03:57 | en

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Voltaire Network >>

Finance Ministers and United Nations Discuss COVID Crisis Solutions

category international | economics and finance | press release author Tuesday September 08, 2020 20:19author by Zachary Conti - Jubilee USA Network Report this post to the editors

IMF Announces Access to Global "SDRs" Reserve

The majority of developing countries face deepening crises, IMF head Kristalina Georgieva told a global meeting of Finance Ministers. Georgieva spoke during, "Financing the 2030 Agenda for Sustainable Development in the Era of COVID-19 and Beyond." The coronavirus crisis meeting was convened by the UN Secretary General and Finance Ministers of Canada and Jamaica.

"The economic and health impacts for poor people around the world are worsening," stated Jubilee USA Executive Director Eric LeCompte. LeCompte participated in the multi-month COVID-19 response process that created options for Finance Ministers to confront the crisis. "Unless we move forward additional aid and relief, too many countries could wrestle with lost decades of development."

Mahmoud Mohieldin, the UN Secretary General's Special Envoy on Financing the 2030 Agenda, explained during the meeting that while some advanced economies spend the equivalent of 10% of their economic output on pandemic response programs, poor countries cannot even reach 1% of spending.

Georgieva announced the deployment of global reserve funds or Special Drawing Rights. Roughly, $176 billion of these monies are currently held by wealthy countries and could be donated to poor countries.

“We welcome the IMF announcement to disburse billions of dollars of Special Drawing Rights to confront this crisis. As we count the impacts of this crisis in the trillions, G20 Finance Ministers should agree to issue trillions more in global reserve funds," said LeCompte.

The World Bank and several Finance Ministers joined the IMF in a call to extend a 2020 coronavirus debt relief initiative into 2021 to support the 73 poorest countries. World leaders also argued that private banks and creditors should stop collecting poor country debts.

"The bare minimum that world leaders must do now is extend debt payment suspensions for poor countries into next year," noted LeCompte. "Further actions are also critical to protect vulnerable communities and to help all of us emerge with resilience from this crisis. The private sector must be compelled to offer debt relief, more developing countries need aid and some countries need to see their debts permanently reduced."

Several high-level participants urged the need to address revenue losses of countries because of tax evasion, corruption and other illicit financial flows.

Heads of State meet during the UN General Assembly on September 29th to consider the crisis proposals discussed at the Finance Ministers meeting. In October and November, the G20, IMF and World Bank hold additional decision-making meetings.

Related Link: https://www.jubileeusa.org/finance_ministers_and_united_nations_discuss_covid_crisis_solutions
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