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The Saker
A bird's eye view of the vineyard

offsite link Putin: legally Sevastopol has always been part of Russia Mon Oct 22, 2018 20:57 | Scott
Meeting with Moscow Mayor Sergei Sobyanin The President had a working meeting with Moscow Mayor Sergei Sobyanin to discuss the development of transport infrastructure and the capital?s economy, and the implementation of the housing stock renovation programme. October 22, 2018 Vladimir

offsite link October 22, 2018: Russian Forces Eliminated 87,500 Terrorists During Syria Operation Mon Oct 22, 2018 17:37 | Scott
https://southfront.org/syri... If you?re able, and if you like our content and approach, please support the project. Our work wouldn?t be possible without your help: PayPal: southfront@list.ru or via: http://southfront.org/... via: https://www.patreon.co... 3Gbs4rjcVUtQd8p3CiFUCxPLZwR... BCH: qpf2cphc5dkuclkqur7lhj2yuqq... ETH:

offsite link Joint Statement of the Serbian and Antiochian Orthodox Patriarchates Mon Oct 22, 2018 13:39 | The Saker
Irenic& Official visit of His Beatitude Patriarch JOHN X to the Serbian Orthodox Church From October 11to 19, 2018 BELGRADE ? 19th of October 2018 – This historical visit, the

offsite link The man on the left, the man on the right Mon Oct 22, 2018 13:13 | The Saker
The man on the left slaughtered hundreds of citizens in Fallujah and destroyed nearly every building, in an act of revenge. (It took two attacks ?  Exceptional). The man on

offsite link Putin took away Lukashenko?s chance to sell Russian oil to Poroshenko by Ruslan Ostashko Mon Oct 22, 2018 01:25 | Scott
Translated and subtitled by Scott Humor Click ?CC? button for English subtitles.   Soon, Belarus won?t be able to make money on re-export to Ukraine oil products they receive from

The Saker >>

Human Rights in Ireland
A Blog About Human Rights

offsite link 112 Pro-Biafra Imo Women Arrested Sat Aug 25, 2018 16:30 | Human Rights

offsite link Traveller Community in Galway Fri Aug 03, 2018 16:28 | Human Rights

offsite link US Withdraw From UN Human Rights Council Thu Jul 19, 2018 16:32 | Human Rights

offsite link Maldives Remain UK Priority Thu Jul 19, 2018 16:31 | Human Rights

offsite link Yemen Conflict Wed Jul 18, 2018 16:38 | Human Rights

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link The elephant in the room 13:35 Mon Oct 22, 2018 | WorldbyStorm

offsite link Those 2016 polls? 11:16 Mon Oct 22, 2018 | WorldbyStorm

offsite link Presidential Campaign News: In with the old? 09:15 Mon Oct 22, 2018 | WorldbyStorm

offsite link Irish Left Archive: The Worker, No. 3 April 1972, Socialist Workers Movement 07:00 Mon Oct 22, 2018 | WorldbyStorm

offsite link Food Deserts? 11:43 Sun Oct 21, 2018 | WorldbyStorm

Cedar Lounge >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Some Thoughts on the Brexit Joint Report 11:50 Sat Dec 09, 2017

offsite link IRISH COMMONWEALTH: TRADE UNIONS AND CIVIL SOCIETY IN THE 21ST CENTURY 14:06 Sat Nov 18, 2017

offsite link Notes for a Book on Money and the Irish State - The Marshall Aid Program 15:10 Sat Apr 02, 2016

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

Dublin Opinion >>

Senate Bill Offers Debt Relief for Puerto Rico

category international | economics and finance | press release author Wednesday July 25, 2018 18:56author by Lydia Andrews - Jubilee USA Network Report this post to the editors

New Senate legislation offers additional options for Puerto Rico to cut its debt. Senators Elizabeth Warren (D-MA), Bernie Sanders (I-VT), Kirsten Gillibrand (D-NY), Ed Markey (D-MA) and Kamala Harris (D-CA) introduced the US Territorial Relief Act. If Congress passes the act, US Territories that experience natural disasters could qualify for debt relief.

"Puerto Rico continues to struggle with the aftermath of Hurricanes Maria and Irma," noted Puerto Rico Archbishop Roberto González Nieves. "The hurricanes were made worse by debt crisis and austerity policies. Legislation such as this, can provide us more options for debt relief and greater transparency in the finances of our island."

The bill also creates an audit commission to study the causes of the debt. US Territories, like Puerto Rico, would qualify for relief if two of three criteria are met. The specific criteria refer to population decrease, receiving federal disaster aid and the total debt per person exceeds $15,000.

Both Puerto Rico and the US Virgin Islands likely meet the Senate Bill's eligibility requirements.

“Beyond debt relief, Puerto Rico and the US Virgin Islands still need Congress to authorize more disaster aid to rebuild to withstand the coming storms," stated Jubilee USA Executive Director Eric LeCompte. LeCompte serves on United Nation debt expert groups and works with Puerto Rico religious leaders on resolving the debt crisis. "Without seriously cutting Puerto Rico's debt there is little hope for reducing the high child poverty rate, let alone seeing sustainable economic growth."

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