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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
2023/02/27 19:00:02Welcome 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

offsite link The stage is set for Hybrid World War III Mon Feb 27, 2023 15:50 | The Saker
Pepe Escobar for the Saker blog A powerful feeling rhythms your skin and drums up your soul as you?re immersed in a long walk under persistent snow flurries, pinpointed by

The Saker >>

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 News Round-Up Wed Apr 30, 2025 01:30 | 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 Solar Farms Failure Behind Spain Blackouts, Grid Operator Confirms ? as Tony Blair Turns on Net Zero Tue Apr 29, 2025 19:00 | Sallust
Solar farm failures were likely behind the blackouts in Spain and Portugal, Spain's national grid operator has said ? as Tony Blair comes out against Starmer's Net Zero plans and the phasing out of fossil fuels.
The post Solar Farms Failure Behind Spain Blackouts, Grid Operator Confirms ? as Tony Blair Turns on Net Zero appeared first on The Daily Sceptic.

offsite link Spain and Portugal?s Blackout Reveals the Achilles? Heel of Electricity Grids Dominated by Wind and ... Tue Apr 29, 2025 17:00 | Anonymous Engineer
The power outage in Spain and Portugal wasn't caused by extreme weather, but by an over-reliance on wind and solar. If the UK continues on its headlong path to Net Zero, we can expect similar failures.
The post Spain and Portugal?s Blackout Reveals the Achilles? Heel of Electricity Grids Dominated by Wind and Solar appeared first on The Daily Sceptic.

offsite link An Excess of Pity: Why We Fail to Deport Those Whom We Should Deport Tue Apr 29, 2025 15:00 | Dr David McGrogan
Why do we fail to deport those whom we should deport? It's due in the end, says Dr David McGrogan, to an excess of pity. We are pitying ourselves into disorder and social decay. We need to be willing not to be nice.
The post An Excess of Pity: Why We Fail to Deport Those Whom We Should Deport appeared first on The Daily Sceptic.

offsite link Reeves Set to Bring in Milkshake Tax Despite Failure of Sugar Tax and Pledge Not to Raise Taxes Tue Apr 29, 2025 13:00 | Will Jones
Rachel Reeves is set to bring in a milkshake tax to cut obesity levels despite the failure of the 2018 sugar tax that has seen obesity levels accelerate rather than fall. What happened to no tax rises for working people?
The post Reeves Set to Bring in Milkshake Tax Despite Failure of Sugar Tax and Pledge Not to Raise Taxes appeared first on The Daily Sceptic.

Lockdown Skeptics >>

IMF Calls for New Global Debt Policies to Confront COVID Financial Crisis

category international | politics / elections | press release author Friday October 02, 2020 19:16author by Zachary Conti - Jubilee USA Report this post to the editors

IMF head Kristalina Georgieva warned that developing countries could face a second wave of economic crises just as they are recovering from the coronavirus pandemic. "... There is a need to reform the international debt 'architecture' ... to provide speedy and sufficiently deep debt relief to countries that need it, benefitting not only these countries but the system as a whole," wrote Georgieva and other top IMF officials in a Fund blog published Thursday.

IMF head Kristalina Georgieva warned that developing countries could face a second wave of economic crises just as they are recovering from the coronavirus pandemic. "... There is a need to reform the international debt 'architecture' ... to provide speedy and sufficiently deep debt relief to countries that need it, benefitting not only these countries but the system as a whole," wrote Georgieva and other top IMF officials in a Fund blog published Thursday.

"The IMF is declaring that global processes and policies must be reformed to address skyrocketing debt levels and countries facing debt crises," shared Eric LeCompte, the Executive Director of the religious development group Jubilee USA and a UN finance expert. "If we had better debt processes in place before the coronavirus struck, we may not have experienced an economic crisis of this magnitude."

In addition to international debt policy and process reforms, the Georgieva blog asserts the G20 should continue suspending debt payments for poor countries.

In April, the G20 agreed to the Debt Service Suspension Initiative, a process for the 73 poorest countries to stop paying debts through 2020. The initiative allowed 43 of the poorest countries to free $5.3 billion for health and social spending to respond to the pandemic. Without G20 action, the initiative expires at the end of the year.

"Unless we move forward additional aid and debt relief, too many countries could see lost decades of development," said LeCompte.

According to the IMF, about half of low-income countries faced severely high debt levels or financial crisis prior to the onslaught of COVID-19.

"Debt relief and aid needs to be increased and expanded to include more developing countries struggling to confront the health and economic impacts of the pandemic," noted LeCompte. "As we reform debt processes and policies to meet this current crisis, we must also strengthen processes to prepare us to combat future financial crises."

Read Georgieva's IMF blog here.


https://blogs.imf.org/2020/10/01/reform-of-the-international-debt-architecture-is-urgently-needed/
https://www.jubileeusa.org/pr_imf_debt_policies_covid_crisis

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