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The Saker
A bird's eye view of the vineyard

offsite link Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz
Alternative site: https://thesaker.si/saker-a... Site was created using the downloads provided Regards Herb

offsite link 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).?

offsite link What do you make of the Russia and China Partnership? Tue Feb 28, 2023 16:26 | The Saker
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

offsite link Moveable Feast Cafe 2023/02/27 ? Open Thread Mon Feb 27, 2023 19:00 | cafe-uploader
2023/02/27 19:00:02Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link The stage is set for Hybrid World War III Mon Feb 27, 2023 15:50 | The Saker
Pepe Escobar for the Saker blog A powerful feeling rhythms your skin and drums up your soul as you?re immersed in a long walk under persistent snow flurries, pinpointed by

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony

offsite link Joe Duffy is dishonest and untrustworthy Anthony

offsite link Robert Watt complaint: Time for decision by SIPO Anthony

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

Public Inquiry >>

Human Rights in Ireland
Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link Climate Adviser Racks Up 40,000 Air Miles While Backing Tax on Frequent Flyers Tue Apr 22, 2025 15:11 | Will Jones
A Government climate adviser ? a member of the Climate Change Committee, no less ? who backed a tax on frequent flyers has racked up 40,000 air miles in a year by jetting to environmental conferences.
The post Climate Adviser Racks Up 40,000 Air Miles While Backing Tax on Frequent Flyers appeared first on The Daily Sceptic.

offsite link Migrant Crime League Tables to be Published Tue Apr 22, 2025 13:00 | Will Jones
The nationalities of migrants with the highest rates of crime will be revealed in official?league tables?for the first time under plans due to be announced by the Government today.
The post Migrant Crime League Tables to be Published appeared first on The Daily Sceptic.

offsite link Net Zero is the New Brexit Tue Apr 22, 2025 11:10 | Will Jones
Net Zero is the new Brexit, "where Parliament is so hopelessly out of touch with the country", Nigel Farage has said. Michael Deacon agrees: as people realise the true cost of eco-zealotry they are turning against it.
The post Net Zero is the New Brexit appeared first on The Daily Sceptic.

offsite link Massive Wind Turbine Expansion Puts Golden Eagle on Path to Possible American Extinction as Annual D... Tue Apr 22, 2025 09:00 | Chris Morrison
Shocking new statistical evidence has emerged that suggests the golden eagle could be on a wind turbine-induced glide path to extinction in the United States, as the annual death rate increase leaps nearly 50% since 2020.
The post Massive Wind Turbine Expansion Puts Golden Eagle on Path to Possible American Extinction as Annual Death Rate Increase Leaps by 50% appeared first on The Daily Sceptic.

offsite link The Implosion of ?Green Ethics? Tue Apr 22, 2025 07:00 | Ben Pile
'Green ethics' are imploding, says Ben Pile. Economic realities are forcing the question: is it 'ethical' to bankrupt yourself? Is it 'ethical' to make energy too expensive for people to use?
The post The Implosion of ‘Green Ethics’ appeared first on The Daily Sceptic.

Lockdown Skeptics >>

IMF Calls for New Global Debt Policies to Confront COVID Financial Crisis

category international | politics / elections | press release author Friday October 02, 2020 19:16author by Zachary Conti - Jubilee USA Report this post to the editors

IMF head Kristalina Georgieva warned that developing countries could face a second wave of economic crises just as they are recovering from the coronavirus pandemic. "... There is a need to reform the international debt 'architecture' ... to provide speedy and sufficiently deep debt relief to countries that need it, benefitting not only these countries but the system as a whole," wrote Georgieva and other top IMF officials in a Fund blog published Thursday.

IMF head Kristalina Georgieva warned that developing countries could face a second wave of economic crises just as they are recovering from the coronavirus pandemic. "... There is a need to reform the international debt 'architecture' ... to provide speedy and sufficiently deep debt relief to countries that need it, benefitting not only these countries but the system as a whole," wrote Georgieva and other top IMF officials in a Fund blog published Thursday.

"The IMF is declaring that global processes and policies must be reformed to address skyrocketing debt levels and countries facing debt crises," shared Eric LeCompte, the Executive Director of the religious development group Jubilee USA and a UN finance expert. "If we had better debt processes in place before the coronavirus struck, we may not have experienced an economic crisis of this magnitude."

In addition to international debt policy and process reforms, the Georgieva blog asserts the G20 should continue suspending debt payments for poor countries.

In April, the G20 agreed to the Debt Service Suspension Initiative, a process for the 73 poorest countries to stop paying debts through 2020. The initiative allowed 43 of the poorest countries to free $5.3 billion for health and social spending to respond to the pandemic. Without G20 action, the initiative expires at the end of the year.

"Unless we move forward additional aid and debt relief, too many countries could see lost decades of development," said LeCompte.

According to the IMF, about half of low-income countries faced severely high debt levels or financial crisis prior to the onslaught of COVID-19.

"Debt relief and aid needs to be increased and expanded to include more developing countries struggling to confront the health and economic impacts of the pandemic," noted LeCompte. "As we reform debt processes and policies to meet this current crisis, we must also strengthen processes to prepare us to combat future financial crises."

Read Georgieva's IMF blog here.


https://blogs.imf.org/2020/10/01/reform-of-the-international-debt-architecture-is-urgently-needed/
https://www.jubileeusa.org/pr_imf_debt_policies_covid_crisis

Related Link: https://www.jubileeusa.org/pr_imf_debt_policies_covid_crisis
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