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

offsite link Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?

offsite link Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?

offsite link ?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?

offsite link US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty

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Human Rights in Ireland
Promoting Human Rights in Ireland

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Lockdown Skeptics

The Daily Sceptic

offsite link Jeremy Corbyn ?Launches New Hard-Left Party? to Oppose Gaza ?Genocide? Fri Jul 04, 2025 11:26 | Will Jones
Jeremy Corbyn is launching a new hard-Left party, an ally has announced ? but the man himself is "furious". Has the People's Front of Gaza already fallen out with the Gazan People's Front ? a new record for the Left?
The post Jeremy Corbyn “Launches New Hard-Left Party” to Oppose Gaza “Genocide” appeared first on The Daily Sceptic.

offsite link Aberdeen?s Ditching of ESG Proves the Green Finance Revolution is Dead Fri Jul 04, 2025 09:00 | Tilak Doshi
The Chairman of Aberdeen ? the ESG-obsessed investment giant ? has come out against "ridiculously extravagant claims" about "saving the world". The green finance revolution is dead, says Tilak Doshi.
The post Aberdeen’s Ditching of ESG Proves the Green Finance Revolution is Dead appeared first on The Daily Sceptic.

offsite link The Sceptic | Episode 43: William Yarwood on Labour?s Welfare Farce, Niall Gooch on Catholicism vs L... Fri Jul 04, 2025 07:00 | Richard Eldred
In Episode 43 of the Sceptic: William Yarwood on Labour's welfare farce, Niall Gooch on Catholicism vs the Lib Dems and Dr Tilak Doshi on Trump's crusade against politicised science.
The post The Sceptic | Episode 43: William Yarwood on Labour?s Welfare Farce, Niall Gooch on Catholicism vs Lib Dems & Tilak Doshi on Trump?s Climate Science Fightback appeared first on The Daily Sceptic.

offsite link News Round-Up Fri Jul 04, 2025 02:12 | 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 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.

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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 >>

Trump Calls for Puerto Rico's Debt to be "Wiped Out"

category international | economics and finance | press release author Wednesday October 04, 2017 16:25author by Abby Wilhelm - Jubilee USA Report this post to the editors

In an interview with Fox News on Tuesday, President Trump called for Puerto Rico's debt to be wiped out.

In an interview with Fox News on Tuesday, President Trump called for Puerto Rico's debt to be wiped out. "They owe a lot of money to your friends on Wall Street and we're going to have to wipe that out. You're going to say goodbye to that, I don't know if it's Goldman Sachs, but whoever it is you can wave goodbye to that," Trump said.‎

"Puerto Rico can't recover with the debt it has," said Eric LeCompte, Executive Director of the religious development organization Jubilee USA. LeCompte worked on emergency Puerto Rico debt crisis legislation that Congress passed last year. "Puerto Rico was already undergoing a bankruptcy process that was going to substantially cut the island's debt. Now that bankruptcy process needs to access the hurricane damage and cancel even more of the debt."

Just yesterday, religious leaders from Puerto Rico and the US Virgin islands issued a statement calling for aid, debt relief and measures to end child poverty. The statement was signed by San Juan's Catholic Archbishop, Roberto González Nieves, St. Thomas' Catholic Bishop Herbert A. Bevard and Evangelical Bible Society Head Reverend Heriberto Martínez. Puerto Rico and the US Virgin Islands, both US territories, were wrestling with financial crisis and high child poverty rates before the Hurricanes Irma and Maria struck.

"The US Virgin islands were also severely damaged from the hurricanes," continued LeCompte. "They too need debt forgiveness and aid to help recover. Unfortunately, unlike Puerto Rico, the Virgin Islands doesn't have a bankruptcy process to cut the debt."

Read the religious leaders' statement in English:
http://www.jubileeusa.org/english_pr_usvi_relleadappeal...d&n=1

En español:
http://www.jubileeusa.org/spanish_pr_usvi_relleadappeal...d&n=2

Read Eric LeCompte's statement on the crisis:
http://www.jubileeusa.org/religious_development_group_r...d&n=3

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