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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
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Lockdown Skeptics

The Daily Sceptic

offsite link News Round-Up Thu Apr 03, 2025 00:01 | Will Jones
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 MPs Spared from Second Homes Council Tax Surcharge as Taxpayer Picks Up Bill Wed Apr 02, 2025 19:30 | Will Jones
MPs will be spared from a new?council tax premium on second homes that they voted to permit,?leaving taxpayers picking up five-figure bills.
The post MPs Spared from Second Homes Council Tax Surcharge as Taxpayer Picks Up Bill appeared first on The Daily Sceptic.

offsite link BREAKING: Elon Musk Steps Down from DOGE Wed Apr 02, 2025 17:25 | Will Jones
President?Donald Trump?has told his Cabinet that?Elon Musk?is stepping back from his Government role of running DOGE to return to the business world in a move that sent Tesla's stock soaring.
The post BREAKING: Elon Musk Steps Down from DOGE appeared first on The Daily Sceptic.

offsite link Make Gas Boilers More Expensive to Boost Heat Pumps, Miliband Told by Energy Companies Wed Apr 02, 2025 16:00 | Will Jones
Energy suppliers have told Ed Miliband to increase the cost of gas boilers to boost the uptake of heat pumps and EVs ? because nothing says 'good product' like deliberately increasing the prices of competitors.
The post Make Gas Boilers More Expensive to Boost Heat Pumps, Miliband Told by Energy Companies appeared first on The Daily Sceptic.

offsite link How I Blew Grok?s Mind Wed Apr 02, 2025 14:03 | Andy A West
Andy West was stunned this week when Grok told him that reading his book The Grip of Culture had blown its mind. But despite the AI agreeing this should change everything, its replies to others remain bound by orthodoxy.
The post How I Blew Grok’s Mind appeared first on The Daily Sceptic.

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Voltaire Network
Voltaire, international edition

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

offsite link Western Europeans Deprived of Defense, by Thierry Meyssan Tue Mar 25, 2025 06:04 | en

offsite link Voltaire, International Newsletter N?125 Fri Mar 21, 2025 11:48 | en

offsite link The London Virtual Summit for Ukraine Fri Mar 21, 2025 11:19 | en

Voltaire Network >>

Treasury Secretary Announces Support for Global Reserve Access, Debt Relief and Tackling Climate Change

category international | politics / elections | press release author Thursday February 25, 2021 16:57author by Zachary Conti - Jubilee USA Report this post to the editors

In a letter to the G20, Treasury Secretary Janet Yellen expressed support for the G20 to determine a process for how global reserve funds (Special Drawing Rights) could be deployed to help low-income countries.

In a letter to the G20, Treasury Secretary Janet Yellen expressed support for the G20 to determine a process for how global reserve funds (Special Drawing Rights) could be deployed to help low-income countries.

"Yellen's letter is incredibly positive news and signals support for the creation of Special Drawing Rights or reserve funds to support developing countries," noted Jubilee USA Executive Director Eric LeCompte. LeCompte has pressed the G20 on Special Drawing Rights for the last year. "Secretary Yellen is right that the G20 debt relief process must be implemented in an effective way to deal with the debt burdens of numerous developing countries."

The letter also highlighted the need to implement a debt relief process or the G20 "Common Framework for Debt Treatments beyond the Debt Service Suspension Initiative." Yellen also encouraged the need for countries to tackle climate change.

"The letter from Yellen acknowledges that some of the most consequential decisions regarding climate change will be a part of financial decisions made by the G20," stated LeCompte, a United Nations finance expert. "These climate decisions must be made transparently and out in the open."

The letter comes a day before Yellen is set to meet with other G20 finance ministers. Earlier in the week the US Conference of Catholic Bishops and Jubilee USA Network sent a detailed letter to Yellen and President Biden expressing support for debt relief, financial system changes to prevent future crises and a $3 trillion allocation of the Special Drawing Rights. On Wednesday more than 200 groups wrote the G20 expressing support for Special Drawing Rights.

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