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

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

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The Saker

A bird's eye view of the vineyard

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The Saker blog is now frozen Tue Feb 28, 2023 23:55 | The Saker
Dear friends As I have previously announced, we are now “freezing” the blog.? We are also making archives of the blog available for free download in various formats (see below).?

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by Mr. Allen for the Saker blog Over the last few years, we hear leaders from both Russia and China pronouncing that they have formed a relationship where there are

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Lockdown Skeptics

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The post What Does David Lammy Mean by a State? appeared first on The Daily Sceptic.

In Episode 35 of the Sceptic: Andrew Doyle on Labour?s Grooming Gang Shame, Andrew Orlowski on the I... Fri May 09, 2025 07:00 | Richard Eldred
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The Sugar Tax Sums Up Our Descent into Technocratic Dystopia Thu May 08, 2025 19:00 | Dr David McGrogan
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UK ?Shafted? by US Trade Deal Thu May 08, 2025 17:44 | Will Jones
The US-UK trade deal announced today is a clear win for Trump, says Sam Ashworth-Hayes, leaving the UK worse off than in March and opening up UK markets in exchange only for reducing recently imposed tariffs.
The post UK “Shafted” by US Trade Deal appeared first on The Daily Sceptic.

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Voltaire Network

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Treasury Secretary Announces Support for Global Reserve Access, Debt Relief and Tackling Climate Change

international | politics / elections | press release

Thursday February 25, 2021 16:57

by Zachary Conti - Jubilee USA

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In a letter to the G20, Treasury Secretary Janet Yellen expressed support for the G20 to determine a process for how global reserve funds (Special Drawing Rights) could be deployed to help low-income countries.

In a letter to the G20, Treasury Secretary Janet Yellen expressed support for the G20 to determine a process for how global reserve funds (Special Drawing Rights) could be deployed to help low-income countries.

"Yellen's letter is incredibly positive news and signals support for the creation of Special Drawing Rights or reserve funds to support developing countries," noted Jubilee USA Executive Director Eric LeCompte. LeCompte has pressed the G20 on Special Drawing Rights for the last year. "Secretary Yellen is right that the G20 debt relief process must be implemented in an effective way to deal with the debt burdens of numerous developing countries."

The letter also highlighted the need to implement a debt relief process or the G20 "Common Framework for Debt Treatments beyond the Debt Service Suspension Initiative." Yellen also encouraged the need for countries to tackle climate change.

"The letter from Yellen acknowledges that some of the most consequential decisions regarding climate change will be a part of financial decisions made by the G20," stated LeCompte, a United Nations finance expert. "These climate decisions must be made transparently and out in the open."

The letter comes a day before Yellen is set to meet with other G20 finance ministers. Earlier in the week the US Conference of Catholic Bishops and Jubilee USA Network sent a detailed letter to Yellen and President Biden expressing support for debt relief, financial system changes to prevent future crises and a $3 trillion allocation of the Special Drawing Rights. On Wednesday more than 200 groups wrote the G20 expressing support for Special Drawing Rights.

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