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The Saker
A bird's eye view of the vineyard

offsite link Roger Waters addresses the UNSC (at the invitation of Russia) Wed Feb 08, 2023 23:18 | The Saker
Comment by Andrei: Russia invited Roger Waters to speak at the UNSC even though the Russians perfectly knew and understood that Roger Waters does not share the same view of

offsite link The US Has Legalized Theft Wed Feb 08, 2023 17:38 | The Saker

offsite link A few special goodbye messages Wed Feb 08, 2023 16:18 | The Saker
Dear friends, I have a few special categories of people I want to say goodbye to with a few short messages.  Here we go: To my moderators Friends, you all

offsite link Russia invites Roger Waters to speak at the UN Security Council Wed Feb 08, 2023 14:49 | The Saker
FYI: my interview with Roger Waters here: Interview with Roger Waters RT reports: Moscow has requested that Pink Floyd co-founder Roger Waters be allowed to speak at the next UNSC

offsite link Anglo-Zionism and the Confederation of Europe Tue Feb 07, 2023 19:13 | The Saker
By Batiushka for the Saker blog Introduction: The Origins of Anglo-Zionism When I discovered the Saker in 2014, I at once discovered his term of genius ?Anglo-Zionism?. That, after all,

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

offsite link Formal complaint against Robert Watt Anthony

offsite link RTE bias complaint Anthony

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

Public Inquiry >>

Voltaire Network
Voltaire, international edition

offsite link 19 million books removed so far from Ukrainian libraries Thu Feb 09, 2023 02:44 | en

offsite link Seymour Hersh: Nord Stream was destroyed by U.S. and Norway Wed Feb 08, 2023 17:41 | en

offsite link The Hunter Biden / Ihor Kolomoïsky affair, by Thierry Meyssan Wed Feb 08, 2023 05:24 | en

offsite link Use of chemical weapons by a Ukrainian unit Tue Feb 07, 2023 12:14 | en

offsite link ?360° Cooperation with Libya.? But Which Libya?, by Manlio Dinucci Tue Feb 07, 2023 07:29 | en

Voltaire Network >>

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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