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offsite link Ukraine Buys Huge Amounts of Russian Fue... Fri Jan 20, 2023 08:34 | Antonia Kotseva

offsite link Turkey Has Sent Ukraine Cluster Munition... Thu Jan 12, 2023 00:26 | Jack Detsch

offsite link New Israeli Government Promises to Talk ... Tue Jan 10, 2023 21:13 | Al Majadeen

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offsite link Lukashenko Abolishes Copyright Protectio... Tue Jan 10, 2023 15:05 | Nikki Main

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The Saker
A bird's eye view of the vineyard

offsite link Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz
Alternative site: https://thesaker.si/saker-a... Site was created using the downloads provided Regards Herb

offsite link The Saker blog is now frozen Tue Feb 28, 2023 23:55 | The Saker
Dear friends As I have previously announced, we are now “freezing” the blog. We are also making archives of the blog available for free download in various formats (see below).

offsite link What do you make of the Russia and China Partnership? Tue Feb 28, 2023 16:26 | The Saker
by Mr. Allen for the Saker blog Over the last few years, we hear leaders from both Russia and China pronouncing that they have formed a relationship where there are

offsite link Moveable Feast Cafe 2023/02/27 ? Open Thread Mon Feb 27, 2023 19:00 | cafe-uploader
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offsite link The stage is set for Hybrid World War III Mon Feb 27, 2023 15:50 | The Saker
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Lockdown Skeptics

The Daily Sceptic

offsite link News Round-Up Sat Dec 02, 2023 00:50 | Toby Young
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the virus and the vaccines, the ?climate emergency? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link The Hallett Inquiry Is Pointless if It Refuses to Consider the Fact That Covid Was Clearly the Resul... Fri Dec 01, 2023 19:00 | Richard Eldred
Professor Angus Dalgleish, a co-author of a scientific paper on the origins of COVID-19, emphasises the imperative for the Covid Inquiry to diligently pursue the truth regarding the virus's origin.
The post The Hallett Inquiry Is Pointless if It Refuses to Consider the Fact That Covid Was Clearly the Result of Genetic Engineering in China appeared first on The Daily Sceptic.

offsite link Texas Sues Pfizer for Lying About Vaccine Effectiveness and Conspiracy to Censor Discussions Fri Dec 01, 2023 17:00 | Igor Chudov
Pfizer is facing legal action in Texas for false advertising and selling a fraudulent product, with additional accusations of conspiring to silence critics.
The post Texas Sues Pfizer for Lying About Vaccine Effectiveness and Conspiracy to Censor Discussions appeared first on The Daily Sceptic.

offsite link My Battle With the Church of England Over its Obsession With ?Climate Change? Fri Dec 01, 2023 15:00 | Kevin Sims
In the Daily Sceptic, Kevin Sims relates his long and ultimately unsuccessful struggle to persuade an outpost of the Church of England to stop spouting climate change gobbledegook.
The post My Battle With the Church of England Over its Obsession With ?Climate Change? appeared first on The Daily Sceptic.

offsite link COP28 Has ?Biggest Carbon Footprint? of Any Climate Summit Fri Dec 01, 2023 13:00 | Toby Young
Cop28 will have the biggest carbon footprint of any of the climate summits so far, with Rishi Sunak, King Charles, Lord Cameron and John Kerry among 100s arriving in Dubai in private jets.
The post COP28 Has ?Biggest Carbon Footprint? of Any Climate Summit appeared first on The Daily Sceptic.

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Voltaire Network
Voltaire, international edition

offsite link What lies behind Benjamin Netanyahu's lies and Hamas's evasions, by Thierry Meys... Tue Nov 28, 2023 06:58 | en

offsite link Netanyahu fired defense minister in July because he warned of a Hamas attack, by... Mon Nov 27, 2023 06:56 | en

offsite link Voltaire, International Newsletter N63 Sun Nov 26, 2023 07:26 | en

offsite link Israel arrests director of Al-Shifa hospital Thu Nov 23, 2023 12:56 | en

offsite link Extraordinary BRICS Summit on Gaza Genocide Wed Nov 22, 2023 09:59 | en

Voltaire Network >>

G7 Calls for More Debt Relief to Confront COVID-19 Crisis

category international | economics and finance | press release author Monday August 17, 2020 20:33author by Zachary Conti, zach@jubileeusa.org - Jubilee USA Report this post to the editors

Treasury Secretary Steven Mnuchin convened G7 Finance Ministers, the International Monetary Fund and the World Bank to coordinate responses to the COVID-19 pandemic. In April, the G7 supported the G20 to implement a plan to suspend debt payments for the 73 poorest countries in the world through 2020.

"The G7 called on the G20 to consider suspending debt payments beyond 2020 and into next year for the world's poorest countries," stated Jubilee USA Executive Director and United Nations debt expert, Eric LeCompte. "Developing countries need more debt relief to fight the serious health and economic impacts of the coronavirus."

By year-end, the suspension of debt payments could free up $12 billion for low-income countries to invest in health services and economic recovery. The Finance Ministers encouraged all G20 countries to fully participate in the debt payment freeze.

"The G7 is pressuring China to fully implement the debt payment suspension and agree to extend the debt payment freeze into 2021," said LeCompte. "Unfortunately, the G7 took no action to extend debt relief to more developing countries."

When the debt payment suspension began, the private sector was encouraged to participate. However, much of the private sector resisted participation. In July, G20 Finance Ministers released a statement with stronger private sector participation language, but still fell short of offering a plan to ensure participation.

Many developing countries reeling from the worst economic impacts of the crisis do not qualify for current debt relief plans because they are classified as "middle-income" countries.

"Beyond expanding relief and aid to more countries, we need to permanently reduce debts for many developing countries during this severe global crisis," noted LeCompte. "Emergency aid can be delivered to countries by accessing global reserve funds or what's known as the Special Drawing Rights."

The Ministers also discussed improving transparency for global debt data, distribution of vaccines for low-income countries and growing economic crisis in Lebanon.

www.jubileeusa.org

Related Link: https://www.jubileeusa.org/g7_finance_ministers_call_for_more_debt_relief_to_confront_covid_19_crisis
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