North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?
Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?
Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?
?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?
US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty Anti-Empire >>
Promoting Human Rights in IrelandHuman Rights in Ireland >>
Friedrich Merz is the Most Incompetent Chancellor Germany Has Ever Seen Mon Jul 14, 2025 19:00 | Eugyppius Friedrich Merz's incompetence has just visited upon Germany a political farce the likes of which Eugyppius has never seen before, and which the mainstream media are not going to tell you the full truth about.
The post Friedrich Merz is the Most Incompetent Chancellor Germany Has Ever Seen appeared first on The Daily Sceptic.
Tim Davie ?Must Go? After Damning BBC Gaza Report Mon Jul 14, 2025 17:00 | Will Jones BBC Director General Tim Davie is facing calls to resign after a damning review found the corporation's controversial Gaza documentary breached editorial guidelines on accuracy.
The post Tim Davie “Must Go” After Damning BBC Gaza Report appeared first on The Daily Sceptic.
What?s the Truth About POTS? Mon Jul 14, 2025 15:00 | Jane Walkington With walking sticks on the rise among teenage girls diagnosed with POTS, many observers are dismissing it as the latest social contagion among unhappy young people. Jane Walkington disagrees.
The post What’s the Truth About POTS? appeared first on The Daily Sceptic.
Welcome to the Land of the Free? Until You Express an Opinion Mon Jul 14, 2025 13:00 | Mike Fairclough Read the introduction to Cancel THIS, a new book by Mike Fairclough, the courageous headteacher who lost his job after he refused to force schoolchildren to wear masks during the pandemic.
The post Welcome to the Land of the Free… Until You Express an Opinion appeared first on The Daily Sceptic.
?Woke? Netflix Bosses Axe Iconic Scene from Pride and Prejudice Remake to ?Avoid Objectifying Men? Mon Jul 14, 2025 11:14 | Will Jones Netflix?bosses have axed the iconic moment from?Pride and Prejudice when Mr Darcy ? played by Colin Firth ? emerges from a lake in a new 'woke' move to avoid "objectifying men".
The post ‘Woke’ Netflix Bosses Axe Iconic Scene from Pride and Prejudice Remake to “Avoid Objectifying Men” appeared first on The Daily Sceptic. Lockdown Skeptics >>
Voltaire, international edition
Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en
Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en
Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en
Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en
The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en Voltaire Network >>
|
Global Economic Recovery, Debt, Climate, Vaccines Top G7 Finance Agenda
international |
politics / elections |
press release
Friday February 12, 2021 18:54 by Zachary Conti - Jubilee USA

G7 finance ministers met virtually to discuss economic recovery in the face of the coronavirus. The G7 agenda included global debt problems, vaccine distribution for developing countries, and accessing global reserve funds or Special Drawing Rights. G7 finance ministers met virtually to discuss economic recovery in the face of the coronavirus. The G7 agenda included global debt problems, vaccine distribution for developing countries and accessing global reserve funds or Special Drawing Rights. The United Kingdom, hosting this year's G7 process, prioritized climate as a key issue of the UK's G7 presidency.
“The G7 is looking at the most crucial issues for a global recovery that includes everyone,” said Eric LeCompte, the Executive Director of the religious development group Jubilee USA Network and a United Nations finance expert. “Debt, vaccine distribution, protecting our planet and getting enough aid to vulnerable populations are the critical issues.”
Japan's Finance Minister Tarō Asō noted that accessing Special Drawing Rights, a type of currency that could be generated to support all countries, was an important G7 discussion point.
"While no decisions on Special Drawing Rights have been made yet, we continue to see progress," stated LeCompte. "We are seeing more movement on debt relief for developing countries."
The G7 sees debt relief as a critical global response tool for developing countries. Last year the G20 adopted a debt reduction process that allows up to 73 of the world's poorest countries to seek support. Since the beginning of the year, three African countries already sought support under the mechanism.
Climate issues were raised as an important focus for finance ministers.
“The UK and the US believe now is the time to focus on climate and ensuring our planet can emerge with resilience from the current crisis,” noted LeCompte.
President Biden, as one of his first acts in office, rejoined the Paris Agreement on climate and signed an executive order putting the climate crisis at the center of the US foreign policy. Treasury Secretary Janet Yellen noted the need for significant global stimulus and increasing cooperation with other G7 governments, according to a statement Treasury released.
|