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offsite link The Russian-Ukrainian War Postponed for ... Fri Apr 23, 2021 14:36 | Anatoly Karlin

offsite link Just How Significant Are Empire’s New ... Fri Apr 23, 2021 13:36 | Ben Aris

offsite link If Every Aspect of the Wild Czech Ammuni... Fri Apr 23, 2021 12:36 | Insomniac Resurrected

offsite link Joe Biden Threatens to ‘Cancel’ July... Fri Apr 23, 2021 11:36 | Eric Lendrum

offsite link Hilarious: Pentagon Told Congressmen Tha... Fri Apr 23, 2021 10:36 | Betsy Woodruff Swan

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The Saker
A bird's eye view of the vineyard

offsite link What about the deescalation in the Donbass? (OPEN THREAD #17) Fri Apr 23, 2021 17:55 | The Saker
There is, amongst some, a strong sense of relief: Defense Minister Shoigu has declared that the formations deployed by Russia to western Russia will now return to their regular bases. 

offsite link Putin rewrites the law of the geopolitical jungle Fri Apr 23, 2021 15:34 | amarynth
By Pepe Escobar and first posted at The Saker Blog Putin?s address to the Russian Federal Assembly – a de facto State of the Nation ? was a judo move

offsite link American plans something but ends up differently Fri Apr 23, 2021 12:20 | amarynth
By Zamir Awan for the Saker Blog “I flew to Afghanistan, to the Kunar Valley ? a rugged, mountainous region on the border with Pakistan. What I saw on that

offsite link Exit Terra: Did You Know We Have Been Contacted By Aliens? Thu Apr 22, 2021 18:41 | amarynth
Global media mobilize for unparalleled Outer Space news By Thorsten J. Pattberg for the Saker Blog The latest information hype are Aliens. I see more and more articles. The print papers holler on triumphantly:

offsite link What was Putin referring to? (OPEN TREAD #16) Thu Apr 22, 2021 17:44 | The Saker
This is an excerpt of the (relatively short) part of Putin’s speech dealing with foreign issues: “We really want to maintain good relations with all those engaged in international communication,

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Declining standards in Irish journalism

offsite link Mainstream media: Failing to speak truth to power Anthony

offsite link David Quinn’s selective tolerance Anthony

offsite link A Woulfe in judges clothing Anthony

offsite link Sarah McInerney and political impartiality Anthony

Public Inquiry >>

Voltaire Network

Treasury Secretary Announces Support for Global Reserve Access, Debt Relief and Tackling Climate Change

category international | politics / elections | press release author Thursday February 25, 2021 16:57author by Zachary Conti - Jubilee USA Report this post to the editors

In a letter to the G20, Treasury Secretary Janet Yellen expressed support for the G20 to determine a process for how global reserve funds (Special Drawing Rights) could be deployed to help low-income countries.

In a letter to the G20, Treasury Secretary Janet Yellen expressed support for the G20 to determine a process for how global reserve funds (Special Drawing Rights) could be deployed to help low-income countries.

"Yellen's letter is incredibly positive news and signals support for the creation of Special Drawing Rights or reserve funds to support developing countries," noted Jubilee USA Executive Director Eric LeCompte. LeCompte has pressed the G20 on Special Drawing Rights for the last year. "Secretary Yellen is right that the G20 debt relief process must be implemented in an effective way to deal with the debt burdens of numerous developing countries."

The letter also highlighted the need to implement a debt relief process or the G20 "Common Framework for Debt Treatments beyond the Debt Service Suspension Initiative." Yellen also encouraged the need for countries to tackle climate change.

"The letter from Yellen acknowledges that some of the most consequential decisions regarding climate change will be a part of financial decisions made by the G20," stated LeCompte, a United Nations finance expert. "These climate decisions must be made transparently and out in the open."

The letter comes a day before Yellen is set to meet with other G20 finance ministers. Earlier in the week the US Conference of Catholic Bishops and Jubilee USA Network sent a detailed letter to Yellen and President Biden expressing support for debt relief, financial system changes to prevent future crises and a $3 trillion allocation of the Special Drawing Rights. On Wednesday more than 200 groups wrote the G20 expressing support for Special Drawing Rights.

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