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Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony

offsite link Joe Duffy is dishonest and untrustworthy Anthony

offsite link Robert Watt complaint: Time for decision by SIPO Anthony

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

Public Inquiry >>

Human Rights in Ireland
Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link The UK?s Crisis Point is Fast Approaching Thu Jul 03, 2025 19:30 | Dr David McGrogan
Starmer's failure to achieve even the tiniest gesture towards welfare reform in the fiscally incontinent UK is a symptom of a much deeper political malaise, says Dr David McGrogan. The crisis point is fast approaching.
The post The UK’s Crisis Point is Fast Approaching appeared first on The Daily Sceptic.

offsite link Britain is Running Out of Space for Offshore Wind, Warns GB Energy Boss Thu Jul 03, 2025 17:54 | Will Jones
Britain is running out of space for?offshore wind farms, the boss of GB Energy has warned, jeopardising Ed Miliband's Net Zero renewables drive, with floating turbines cost four times as much.
The post Britain is Running Out of Space for Offshore Wind, Warns GB Energy Boss appeared first on The Daily Sceptic.

offsite link Does Mass Immigration Cause Homelessness? Thu Jul 03, 2025 15:30 | Noah Carl
Since 2022, the number of homeless people in the US has spiked by almost 200,000. A new paper finds that the influx of asylum seekers under Biden accounts for about 60% of this increase.
The post Does Mass Immigration Cause Homelessness? appeared first on The Daily Sceptic.

offsite link Engineer Given Half Lucy Connolly?s Sentence for Near-Identical Tweet Thu Jul 03, 2025 13:51 | Will Jones
A two-tier justice row has erupted after an engineer was jailed for half as long?as Lucy Connolly?over a near-identical tweet, while a Labour MP who punched a constituent to the ground was spared jail completely.
The post Engineer Given Half Lucy Connolly’s Sentence for Near-Identical Tweet appeared first on The Daily Sceptic.

offsite link Poland Stops 98% of Illegal Migrant Crossings with a 116-Mile, 16ft-High Border Wall ? and Now it?s ... Thu Jul 03, 2025 11:35 | Will Jones
Poland cut illegal immigration from Belarus by 98% after building a 116-mile border wall ? and now Donald Tusk's Government is adding a minefield. Turns out robust clampdown on illegal entry is okay if it's from Russia.
The post Poland Stops 98% of Illegal Migrant Crossings with a 116-Mile, 16ft-High Border Wall ? and Now it’s Adding a Minefield 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

offsite link The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en

Voltaire Network >>

Grenada Reaches Debt Deal as Caribbean Mired in Debt Problems

category international | economics and finance | press release author Friday April 10, 2015 18:03author by Sumi Yi Report this post to the editors

Grenada Could Influence Global Debt Negotiations

Grenada agreed to a debt plan with its Caribbean island investors that will result in a 50% reduction in the value of existing Grenada investment bonds. The deal offers investors a portion of future revenues from a government program designed to attract foreign investment. Although the deal addresses about $262 million in debt, the International Monetary Fund (IMF) reports that Grenada's total debt tops $907 million. According to the Central Intelligence Agency, nearly 40% of Grenada's population lives below the poverty line.

"Grenada's debt deal is a significant step in the right direction," said Reverend Sean Doggett, a spokesperson for the local Catholic Diocese and a founding member of Grenada's Jubilee Committee. Because of the correlation of debt levels to high poverty rates, Grenada's Jubilee Committee was organized by the Conference of Churches in Grenada to influence debt negotiations between investors, the IMF and the government of Grenada. "The Conference of Churches in Grenada continues to engage in this process and work with its partners in the region."

Other Caribbean islands are also dealing with unsustainable debts or attempting to renegotiate their debt levels. These islands include Antigua and Barbuda, St. Vincent and the Grenadines, St. Lucia, Dominica and Jamaica. Jubilee USA supported Grenada's Jubilee Committee and last year religious leaders across the small islands formed the Caribbean Debt Network (CDN) to join debt negotiations on all islands facing crisis.

Due to the involvement of Grenada's Jubilee Committee and the Conference of Churches, Grenada's debt negotiations over the last two years with the IMF and with bond investors included provisions to protect the poor and stem austerity policies. Legislation to ensure budget transparency and responsible borrowing are moving forward on the island. A homegrown plan to curb corporate and professional tax avoidance was designed to protect public sector jobs. Additionally, those close to the negotiations say new investment bonds will include a "hurricane" clause as much of the island's economic woes are traced to a 2004 hurricane.

"Grenada is still dealing with high debt burdens," noted Eric LeCompte, the Executive Director of the anti-poverty group Jubilee USA. "This debt deal is a step forward as we work for more comprehensive solutions in the region."

Through various United Nations processes, including the Financing for Development process, Jubilee USA and Caribbean Ambassadors have argued for the establishment of a comprehensive and transparent global bankruptcy process to resolve the regional crisis.

Jubilee USA Network is an alliance of more than 75 US organizations and 400 faith communities working with 50 Jubilee global partners. Jubilee's mission is to build an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

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