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offsite link Ukraine Buys Huge Amounts of Russian Fue... Fri Jan 20, 2023 08:34 | Antonia Kotseva

offsite link Turkey Has Sent Ukraine Cluster Munition... Thu Jan 12, 2023 00:26 | Jack Detsch

offsite link New Israeli Government Promises to Talk ... Tue Jan 10, 2023 21:13 | Al Majadeen

offsite link Russia Training Iranian Pilots Ahead of ... Tue Jan 10, 2023 15:19 | The Times of Israel

offsite link Lukashenko Abolishes Copyright Protectio... Tue Jan 10, 2023 15:05 | Nikki Main

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Human Rights in Ireland
A Blog About Human Rights

offsite link UN human rights chief calls for priority action ahead of climate summit Sat Oct 30, 2021 17:18 | Human Rights

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

offsite link Human Rights Fri Mar 20, 2020 16:33 | Human Rights

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Lockdown Skeptics

The Daily Sceptic

offsite link News Round-Up Sat Apr 13, 2024 00:39 | Toby Young
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 Australia Bins 35% of Multi-Billion Dollar Covid Vaccine Supply With Another 15% Set to Expire Soon Fri Apr 12, 2024 17:30 | Rebekah Barnett
Australia has binned over 35% of its multi-billion dollar Covid vaccine supply, with only 26% of the 267.3 million doses purchased being administered and another 15% set to expire soon.
The post Australia Bins 35% of Multi-Billion Dollar Covid Vaccine Supply With Another 15% Set to Expire Soon appeared first on The Daily Sceptic.

offsite link Hate Crime Call Handlers Given Script Defending Humza Yousaf Fri Apr 12, 2024 15:30 | Will Jones
Police Scotland staff have been given a script defending Humza Yousaf after he faced a deluge of hate crime reports.
The post Hate Crime Call Handlers Given Script Defending Humza Yousaf appeared first on The Daily Sceptic.

offsite link Lancet Study Funded by Bill Gates Lays Bare Failure of Lockdowns and Vaccines Fri Apr 12, 2024 13:30 | Stephen Andrews
A new study published in the Lancet and funded by the Bill and Melinda Gates foundation on the "Global Burden of Disease" has laid bare the failure of pandemic interventions such as lockdowns and vaccines.
The post Lancet Study Funded by Bill Gates Lays Bare Failure of Lockdowns and Vaccines appeared first on The Daily Sceptic.

offsite link As a Former NHS Doctor, I?m Appalled by the Damage Wrought by the Pandemic Response Fri Apr 12, 2024 11:47 | Dr Colin M. Barron
As a former NHS hospital doctor, Colin Barron is appalled by the utter devastation wrought on people's lives and health by the inept response to the Covid pandemic. Four years later, the damage continues.
The post As a Former NHS Doctor, I’m Appalled by the Damage Wrought by the Pandemic Response appeared first on The Daily Sceptic.

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Voltaire Network
Voltaire, international edition

offsite link Iranian response to attack on its consulate in Damascus could lead to wider warf... Fri Apr 12, 2024 13:36 | en

offsite link Is the possibility of a World War real?, by Serge Marchand , Thierry Meyssan Tue Apr 09, 2024 08:06 | en

offsite link Netanyahu's Masada syndrome and the UN report by Francesca Albanese, by Alfredo ... Sun Apr 07, 2024 07:53 | en

offsite link Voltaire, International Newsletter N°81 Sat Apr 06, 2024 05:21 | en

offsite link The Von Der Leyen case Fri Apr 05, 2024 15:23 | en

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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