New Events

International

no events posted in last week

Blog Feeds

The Saker
A bird's eye view of the vineyard

offsite link China?s Fortune Cookie Crumbles : Michael Hudson and Renegade Inc. Tue Sep 28, 2021 01:27 | amarynth
Interview:  Renegade Inc and Michael Hudson (posted by special permission) Ross Welcome to Renegade Inc. With China’s increasing wealth, Western investors want some of the action. One of those investors

offsite link Christian Vignette #3 ? theologians in early Christianity (part 1) Mon Sep 27, 2021 21:53 | The Saker
In my last vignette, I tried to explain “why I mostly avoid modern theologians like the plague“.  But what I did not explain is what a “theologian” was in original

offsite link Foreign Minister Sergey Lavrov?s news conference to sum up the high-level meetings week at the 76th ... Mon Sep 27, 2021 15:24 | amarynth
https://www.mid.ru/en/forei... Question: Which opportunities and risk factors does the new Taliban?s Islamic Emirate in Afghanistan present? Does Russia fear that the presence of Taliban could somehow feed Islamic extremism in

offsite link Iran?s SCO promotion & the rise of a new world order: Report Mon Sep 27, 2021 10:48 | amarynth
Original link: http://middleeastobse... Description: A recent report published on Al Mayadeen?s website highlights the significance of Iran?s accession to full membership status at the Shanghai Cooperation Organization (SCO), a powerful international

offsite link Moveable Feast Cafe 2021/09/27 ? Open Thread Mon Sep 27, 2021 10:30 | herb
2021/09/27 09:30:01Welcome 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

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Allegations of political criminality reported to An Garda Siochana

offsite link Minister Catherine Martin: Not fit to serve Anthony

offsite link Establishment media and delusional analysis Anthony

offsite link Youth power – Don’t ask – Take Anthony

offsite link When the establishment betrays the people?s trust Anthony

Public Inquiry >>

Voltaire Network
Voltaire, international edition

offsite link Photographers can fool the best experts Sat Sep 25, 2021 06:14 | en

offsite link Joe Biden might call off war against North Korea Fri Sep 24, 2021 20:36 | en

offsite link General boycott of Covid-19 Global Summit Fri Sep 24, 2021 20:11 | en

offsite link Ahmad Massoud has fled Afghanistan Fri Sep 24, 2021 08:00 | en

offsite link Another stab at the "two-state solution" Fri Sep 24, 2021 07:46 | en

Voltaire Network >>

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.

© 2001-2021 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy