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offsite link Donetsk Militias Refuse Second Deploymen... Fri May 27, 2022 08:53 | Anti-Empire

offsite link These Are All the Russian Gains of the P... Fri May 27, 2022 03:12 | Anti-Empire

offsite link Israel Rejects US Request to Approve Arm... Thu May 26, 2022 08:28 | Barak Ravid

offsite link Poland Says Norway’s “Gigantic” Ga... Thu May 26, 2022 00:43 | Daniel Tilles

offsite link China-Bound Children in Ukrainian/Russia... Wed May 25, 2022 23:32 | Anti-Empire

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The Saker
A bird's eye view of the vineyard

offsite link The Eurasian Economic Union Steps Up Sat May 28, 2022 12:46 | amarynth
The Eurasian Economic Forum has shown once again that this high-speed ? economic integration ? train has already left the station. By Pepe Escobar, posted with the author’s permission and

offsite link Sitrep Operation Z: We?re going down Sat May 28, 2022 12:24 | amarynth
For the Saker Blog by Saker Staff From Military Summary.  He discusses: Russian T62 tanks (old models being brought in and why?) As a result of joint action by People’s

offsite link Gonzalo Lira: Things Are Disintegrating (The Red Tide Is Coming) Sat May 28, 2022 12:23 | amarynth
Things Are Disintegrating What Happens AFTER the Loss of the Donbas

offsite link Russian MoD: Briefing on the results of the analysis of documents related to the military biologica... Sat May 28, 2022 12:18 | amarynth
The Russian Defence Ministry continues to study materials on the implementation of military biological programs of the United States and its NATO allies on the territory of Ukraine. Under the

offsite link Dear Ursula, you are dead wrong Fri May 27, 2022 22:43 | amarynth
by Jorge Vilches for the Saker Blog According to Ursula von der Leyen ? President of the EU Commission ? Europe today keeps buying Russian oil just to ?deny Putin

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Fergus Finlay and the maternity hospital ‘gotcha’ trap

offsite link Irish Examiner and fake news Anthony

offsite link Labour Party: The unvarnished truth Anthony

offsite link Humanity: Zero chance of survival Anthony

offsite link RTE gives balance – accidentally? Anthony

Public Inquiry >>

Human Rights in Ireland
A Blog About Human Rights

offsite link UN human rights chief calls for priority action ahead of climate summit Sat Oct 30, 2021 17:18 | Human Rights

offsite link 5 Year Anniversary Of Kem Ley?s Death Sun Jul 11, 2021 12:34 | Human Rights

offsite link Poor Living Conditions for Migrants in Southern Italy Mon Jan 18, 2021 10:14 | Human Rights

offsite link Right to Water Mon Aug 03, 2020 19:13 | Human Rights

offsite link Human Rights Fri Mar 20, 2020 16:33 | Human Rights

Human Rights in Ireland >>

Global Economic Recovery, Debt, Climate, Vaccines Top G7 Finance Agenda

category international | politics / elections | press release author Friday February 12, 2021 18:54author by Zachary Conti - Jubilee USA Report this post to the editors

G7 finance ministers met virtually to discuss economic recovery in the face of the coronavirus. The G7 agenda included global debt problems, vaccine distribution for developing countries, and accessing global reserve funds or Special Drawing Rights.

G7 finance ministers met virtually to discuss economic recovery in the face of the coronavirus. The G7 agenda included global debt problems, vaccine distribution for developing countries and accessing global reserve funds or Special Drawing Rights. The United Kingdom, hosting this year's G7 process, prioritized climate as a key issue of the UK's G7 presidency.

“The G7 is looking at the most crucial issues for a global recovery that includes everyone,” said Eric LeCompte, the Executive Director of the religious development group Jubilee USA Network and a United Nations finance expert. “Debt, vaccine distribution, protecting our planet and getting enough aid to vulnerable populations are the critical issues.”

Japan's Finance Minister Tarō Asō noted that accessing Special Drawing Rights, a type of currency that could be generated to support all countries, was an important G7 discussion point.

"While no decisions on Special Drawing Rights have been made yet, we continue to see progress," stated LeCompte. "We are seeing more movement on debt relief for developing countries."

The G7 sees debt relief as a critical global response tool for developing countries. Last year the G20 adopted a debt reduction process that allows up to 73 of the world's poorest countries to seek support. Since the beginning of the year, three African countries already sought support under the mechanism.

Climate issues were raised as an important focus for finance ministers.

“The UK and the US believe now is the time to focus on climate and ensuring our planet can emerge with resilience from the current crisis,” noted LeCompte.

President Biden, as one of his first acts in office, rejoined the Paris Agreement on climate and signed an executive order putting the climate crisis at the center of the US foreign policy. Treasury Secretary Janet Yellen noted the need for significant global stimulus and increasing cooperation with other G7 governments, according to a statement Treasury released.

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