New Events

International

no events posted in last week

Blog Feeds

Anti-Empire

Anti-Empire

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

Anti-Empire >>

Human Rights in Ireland
Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link News Round-Up Tue Jul 01, 2025 01:04 | 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 Why Do 1,000 Refugees Get Free Wimbledon Tickets While Long Suffering Locals Get None? Mon Jun 30, 2025 19:37 | Jo-Anne Nadler
As Wimbledon gets underway, its SW19 neighbours have to put up with a lot, from encroaching development to security checks to get home. Yet, unlike 1,000 refugees, they're shut out from the tennis, says Jo-Anne Nadler.
The post Why Do 1,000 Refugees Get Free Wimbledon Tickets While Long Suffering Locals Get None? appeared first on The Daily Sceptic.

offsite link Criminal Investigation Launched into Bob Vylan and Kneecap?s Glastonbury Performances as US Revokes ... Mon Jun 30, 2025 17:43 | Will Jones
Police have announced a criminal investigation into Bob Vylan and Kneecap's Glastonbury?performances as the Trump administration kills the punk duo's American tour by revoking their visa over antisemitic death chants.
The post Criminal Investigation Launched into Bob Vylan and Kneecap’s Glastonbury Performances as US Revokes Punk Group’s Visa Over Antisemitic Death Chants appeared first on The Daily Sceptic.

offsite link What is the Purpose of Sydney Sweeney?s Bathwater? Mon Jun 30, 2025 15:30 | Chris Bullick
Unilever ? the company that once declared "brands without purpose have no future" ? has bought the Sydney Sweeney bathwater soap brand. Woke is dead, says Chris Bullick.
The post What is the Purpose of Sydney Sweeney’s Bathwater? appeared first on The Daily Sceptic.

offsite link Chris Whitty Was Behind Covid Guidance That Triggered Care Homes Spread, FOI Emails Reveal Mon Jun 30, 2025 13:01 | Will Jones
Professor Sir Chris Whitty?was responsible for government guidance that was believed to have triggered the spread of Covid into?care homes, the Telegraph has revealed.
The post Chris Whitty Was Behind Covid Guidance That Triggered Care Homes Spread, FOI Emails Reveal 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 >>

Amidst Covid-19 Spread, IMF and World Bank Signal Debt Relief for Poor Countries

category international | economics and finance | press release author Tuesday March 24, 2020 15:03author by Kate Zeller - Jubilee USA Network Report this post to the editors

Developing Countries Demand Debt Payments Stop

On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuador's Congress also demanded its government stop paying debt.

Washington, DC - On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuador's Congress also demanded its government stop paying debt.

"Countries need to prioritize fighting Covid-19 and billions can be freed up right away by halting debt payments," stated Eric LeCompte who leads the development group Jubilee USA and serves on United Nations debt expert groups. "Both among lenders and borrowers, we see growing calls to stop paying debt to save lives during the pandemic."

At G20 Finance Minister and Central Bank meetings on Monday, World Bank President David Malpass encouraged world leaders to allow very poor countries to stop paying debt. At the same meeting, the IMF's leader, Kristalina Georgieva noted the replenishing of funds in an IMF debt relief and aid mechanism that was used during the 2014 Ebola epidemic that struck 3 African countries.

"The IMF and World Bank calls for debt relief are critical in order to immediately strengthen health systems in the developing world," stated LeCompte. "In order to support all countries who need help and stop a global financial crisis we will need to broaden debt relief efforts, raise aid monies and move forward agreements that can stabilize the economy."

The leaders of LeCompte's organization, Jubilee USA, sent a letter to the head of the International Monetary Fund on Monday to take action to stop negative economic impacts of the Covid-19 virus.

The letter urges expanded debt relief and aid to bolster health-care for developing countries impacted by the coronavirus. Additional letter recommendations include debt payment moratoriums, improved debt restructuring, encouraging public budget approval processes for countries and raising revenue by curbing corruption, tax evasion and tax avoidance.

Related Link: http://www.jubileeusa.org
© 2001-2025 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