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offsite link North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

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Lockdown Skeptics

The Daily Sceptic

offsite link News Round-Up Thu Sep 18, 2025 01:08 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link Furious Tory Row Breaks Out at State Visit Reception as Boris Defends Record in Government Wed Sep 17, 2025 19:30 | Will Jones
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The post Furious Tory Row Breaks Out at State Visit Reception as Boris Defends Record in Government appeared first on The Daily Sceptic.

offsite link Trump?s Genius is He Understands There Are No Ordinary People Wed Sep 17, 2025 17:52 | Joanna Gray
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The post Trump’s Genius is He Understands There Are No Ordinary People appeared first on The Daily Sceptic.

offsite link Activists Circulate Guide on How to Ground ?One In, One Out? Flights Wed Sep 17, 2025 15:42 | Will Jones
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The post Activists Circulate Guide on How to Ground ‘One In, One Out’ Flights appeared first on The Daily Sceptic.

offsite link Starmer Faces Disaster in Wales as Poll Shows Labour in Freefall Behind Reform and Set to Lose First... Wed Sep 17, 2025 13:56 | Will Jones
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The post Starmer Faces Disaster in Wales as Poll Shows Labour in Freefall Behind Reform and Set to Lose First Minister Post for First Time appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network
Voltaire, international edition

offsite link Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en

offsite link Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en

offsite link Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en

offsite link Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en

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Voltaire Network >>

G20 Discusses Stimulus, Climate and Aid for Developing Countries

category international | economics and finance | press release author Friday February 26, 2021 21:19author by Zachary Conti - Jubilee USA Report this post to the editors

G20 finance ministers met Friday to discuss global coronavirus response. The group endorsed continuing stimulus plans in wealthy countries and supporting plans to increase aid and vaccine access for developing countries.

G20 finance ministers met Friday to discuss global coronavirus response. The group endorsed continuing stimulus plans in wealthy countries and supporting plans to increase aid and vaccine access for developing countries.

"If the stimulus plan in the United States moves forward, it translates to about 2 percent in global economic growth," noted the Executive Director of the religious development group Jubilee USA Network, Eric LeCompte. "The G20 is moving forward debt relief, vaccine distribution and accessing global reserve funds for developing countries. The question is will it be enough and can it happen quickly enough."

On Thursday, Treasury Secretary Janet Yellen expressed support for a process to deploy global reserve funds (Special Drawing Rights) to help low-income countries. She also highlighted implementation of the G20 debt reduction process agreed last year. The G20 tasked the International Monetary Fund to create a plan for the Special Drawing Rights for upcoming meetings.

“US leadership is pushing G20 actions on debt relief and the Special Drawing Rights,” LeCompte, a United Nations finance expert, added.

Earlier this week, Jubilee USA Network and the US Conference of Catholic Bishops 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 global reserve funds. Jubilee USA Network with Latin American partner, Latindadd coordinated a letter signed by more than 200 organizations urging the G20 to move forward Special Drawing Rights or global reserve access.

G20 talks also covered global policies to fight climate change and tax avoidance.

“The G20 hopes to agree on a plan by 2021 to curb tax avoidance,” stated LeCompte. "Perhaps the most important aspect of the G20 meeting was to acknowledge that G20 decisions on finance will have some of the most significant impacts on climate change."

G20 finance ministers meet again ahead of the International Monetary Fund meetings in April.

Related Link: https://www.jubileeusa.org/pr_g20_finmin_meeting
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