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offsite link America’s Shell Production Is Leaping,... Wed Apr 24, 2024 05:29 | Anti-Empire

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offsite link New Scientific Evidence That CO2 Emissions Can?t Warm Atmosphere Because it is ?Saturated? Published... Wed Apr 24, 2024 08:00 | Chris Morrison
Further scientific evidence has emerged to suggest that the Earth?s atmosphere is 'saturated' with carbon dioxide, meaning that at higher levels the 'greenhouse' gas will not cause temperatures to rise.
The post New Scientific Evidence That CO2 Emissions Can’t Warm Atmosphere Because it is “Saturated” Published in Peer-Reviewed Journal appeared first on The Daily Sceptic.

offsite link Nick Dixon and Toby Young Discuss Whether a Summer Election is Likely, Why so Many Tory MPs Turn Out... Wed Apr 24, 2024 07:00 | Toby Young
In the latest Weekly Sceptic, the talking points are whether Rishi will go for a summer election, the Met refusing to let someone "openly Jewish" cross the road and why so many Tory MPs turn out to be wrong-uns.
The post Nick Dixon and Toby Young Discuss Whether a Summer Election is Likely, Why so Many Tory MPs Turn Out to be Wrong-Uns and Should Mark Rowley Resign? appeared first on The Daily Sceptic.

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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.
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offsite link Massive Climbdown From WHO as Latest Draft of IHR Amendments Drops Almost All Offending Aspects Tue Apr 23, 2024 19:30 | Will Jones
The just-released draft of the International Health Regulations amendments from the WHO Working Group shows a massive climbdown in almost all areas of concern, according to UsForThem.
The post Massive Climbdown From WHO as Latest Draft of IHR Amendments Drops Almost All Offending Aspects appeared first on The Daily Sceptic.

offsite link We?re Hiring Tue Apr 23, 2024 17:30 | Will Jones
The Daily Sceptic is currently looking for a new Associate Editor to take the lead in running and hosting the new Weekly Round-Up podcast, as well as writing for the site. Details here.
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offsite link Israel's complex relations with Iran, by Thierry Meyssan Wed Apr 24, 2024 05:25 | en

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Credit Suisse Banker Pleads Guilty in Mozambique Loan Scandal

category international | economics and finance | news report author Monday July 22, 2019 23:08author by Kate Zeller - Jubilee USA Network Report this post to the editors

On Friday, former Credit Suisse banker Andrew Pearse pled guilty in US Federal Court for accepting millions of dollars in a fraud scheme that led to a $2 billion Mozambique loan scandal and debt crisis in the East African country.

Washington DC - On Friday, former Credit Suisse banker Andrew Pearse pled guilty in US Federal Court for accepting millions of dollars in a fraud scheme that led to a $2 billion Mozambique loan scandal and debt crisis in the East African country. Pearse and six others are accused of taking $200 million in the scheme.

“Mozambique, one of the poorest countries in the world, is dealing with a financial crisis because of the greed of corrupt bankers," said United Nations corruption and finance expert Eric LeCompte and Executive Director of the religious development group Jubilee USA Network. “This behavior is only possible because of a lack of global loan transparency and a lack of public budget transparency in Mozambique.”

US prosecutors argue that Credit Suisse and Russian-based VTB finance group hid secret loans to the Mozambique government by bribing bank and government officials. The loans were supposed to support the tuna fishing industry, but instead supported the outfitting of boats for military attack crafts. When the secret loans to Mozambique were revealed in 2016, the IMF and World Bank cut ties with the country, halting development funding. This year, Mozambique was hit with two cyclones further impacting the debt ridden and poverty stricken country.

"Mozambique is struggling to recover from a debt crisis and terrible natural disasters," noted LeCompte.

Related Link: http://www.jubileeusa.org

 #   Title   Author   Date 
   Financial colonialism already well documented     T    Mon Jul 22, 2019 23:16 


 
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