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The Saker
A bird's eye view of the vineyard

offsite link Moveable Feast Cafe 2021/02/27 ? Open Thread Sat Feb 27, 2021 04:00 | Herb Swanson
2021/02/27 04:00:07Welcome 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 Biden Diversity Strikes Syria (Paul Joseph Watson) Fri Feb 26, 2021 23:35 | The Saker

offsite link Open note to those who voted for the Dems Fri Feb 26, 2021 23:14 | The Saker
It sure did not take Biden very long to, as the US politicians like to say, “send a message” by illegally attacking a sovereign nation and murdering 17 people. If

offsite link Biden Administration Launched Its First Strikes On Iranian-backed Groups In Syria And Iraq Fri Feb 26, 2021 18:04 | amarynth
? South Front After nearly two months of daily attacks against United States convoys and positions in Iraq, on February 25th Washington carried out airstrikes in response. US Secretary of

offsite link Two Truths And A Lie: U.S. Patriot Missiles Leave Saudi Arabia For Syria? Thu Feb 25, 2021 17:41 | amarynth
South Front The United States has deployed a Patriot defense battery to Syria?s northeast, at least according to the fairy tales told by Kurdish media. This deployment reportedly took place

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Mainstream media: Failing to speak truth to power

offsite link David Quinn’s selective tolerance Anthony

offsite link A Woulfe in judges clothing Anthony

offsite link Sarah McInerney and political impartiality Anthony

offsite link Did RTE journalists collude against Sinn Fein? Anthony

Public Inquiry >>

Human Rights in Ireland
A Blog About 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

offsite link Turkish President Calls On Greece To Comply With Human Rights on Syrian Refugee Issues Wed Mar 04, 2020 17:58 | Human Rights

offsite link US Holds China To Account For Human Rights Violations Sun Oct 13, 2019 19:12 | Human Rights

Human Rights in Ireland >>

Spirit of Contradiction

offsite link The Party and the Ballot Box Sun Jul 14, 2019 22:24 | Gavin Mendel-Gleason

offsite link On The Decline and Fall of The American Empire and Socialism Sat Jan 26, 2019 01:52 | S. Duncan

offsite link What is Dogmatism and Why Does It Matter? Wed Mar 21, 2018 08:10 | Sylvia Smith

offsite link The Case of Comrade Dallas Mon Mar 19, 2018 19:44 | Sylvia Smith

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

Spirit of Contradiction >>

Global Economic Recovery, Debt, Climate, Vaccines Top G7 Finance Agenda

category international | politics / elections | press release author Friday February 12, 2021 18:54author by Zachary Conti - Jubilee USA Report this post to the editors

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.

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