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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

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Human Rights in Ireland
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Lockdown Skeptics

The Daily Sceptic

offsite link Migrant Boat Bonfire Criticised as ?Sickening and Racist? Wed Jul 09, 2025 13:44 | Will Jones
A row has broken out over plans to burn an effigy of migrants in a small boat as part of an annual Northern Ireland bonfire protest tradition, with critics branding the move "sickening and racist".
The post Migrant Boat Bonfire Criticised as “Sickening and Racist” appeared first on The Daily Sceptic.

offsite link Macron Blames Starmer for Migrant Crisis Wed Jul 09, 2025 11:27 | Will Jones
Emmanuel Macron has blamed Sir Keir Starmer for the migrant crisis in the Channel, saying a third of migrants in the EU are headed to the UK and demanding Starmer makes Britain a much less appealing destination.
The post Macron Blames Starmer for Migrant Crisis appeared first on The Daily Sceptic.

offsite link The Lord?s Prayer Still Most Recognised Text in English Language Wed Jul 09, 2025 09:00 | Harry Phibbs
The Church of England commissioned a poll in the hope of finding The Lord?s Prayer was disliked by most church-goers and needed updating. To its horror, the vast majority of them love it just as it is.
The post The Lord?s Prayer Still Most Recognised Text in English Language appeared first on The Daily Sceptic.

offsite link The ?Fair Trials for Grooming Gangs? Protests Are a Disgrace Wed Jul 09, 2025 07:00 | Laurie Wastell
The 'fair trials for grooming gangs' protests are a disgrace, says Laurie Wastell. Ostensibly advocating impartial justice, protest members call "the Rochdale thing" a lie while the leader's brother is in jail for rape.
The post The ‘Fair Trials for Grooming Gangs’ Protests Are a Disgrace appeared first on The Daily Sceptic.

offsite link News Round-Up Wed Jul 09, 2025 00:59 | 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.

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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

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Amidst Covid-19 Spread, IMF and World Bank Signal Debt Relief for Poor Countries

category international | economics and finance | press release author Tuesday March 24, 2020 15:03author by Kate Zeller - Jubilee USA Network Report this post to the editors

Developing Countries Demand Debt Payments Stop

On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuador's Congress also demanded its government stop paying debt.

Washington, DC - On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuador's Congress also demanded its government stop paying debt.

"Countries need to prioritize fighting Covid-19 and billions can be freed up right away by halting debt payments," stated Eric LeCompte who leads the development group Jubilee USA and serves on United Nations debt expert groups. "Both among lenders and borrowers, we see growing calls to stop paying debt to save lives during the pandemic."

At G20 Finance Minister and Central Bank meetings on Monday, World Bank President David Malpass encouraged world leaders to allow very poor countries to stop paying debt. At the same meeting, the IMF's leader, Kristalina Georgieva noted the replenishing of funds in an IMF debt relief and aid mechanism that was used during the 2014 Ebola epidemic that struck 3 African countries.

"The IMF and World Bank calls for debt relief are critical in order to immediately strengthen health systems in the developing world," stated LeCompte. "In order to support all countries who need help and stop a global financial crisis we will need to broaden debt relief efforts, raise aid monies and move forward agreements that can stabilize the economy."

The leaders of LeCompte's organization, Jubilee USA, sent a letter to the head of the International Monetary Fund on Monday to take action to stop negative economic impacts of the Covid-19 virus.

The letter urges expanded debt relief and aid to bolster health-care for developing countries impacted by the coronavirus. Additional letter recommendations include debt payment moratoriums, improved debt restructuring, encouraging public budget approval processes for countries and raising revenue by curbing corruption, tax evasion and tax avoidance.

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