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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?

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Lockdown Skeptics

The Daily Sceptic

offsite link All Phones to Blast Out ?Emergency Alarm? in System Test as Government Warns UK to Prepare for War Sat Jun 28, 2025 11:00 | Will Jones
Every phone in the UK will blast out an 'emergency alarm' on the orders of the Government as the system is tested for the second time in two years and the Government warns Britain to prepare for war.
The post All Phones to Blast Out ‘Emergency Alarm’ in System Test as Government Warns UK to Prepare for War appeared first on The Daily Sceptic.

offsite link Annoyances Sat Jun 28, 2025 09:00 | Dr James Allan
Three things really get Prof James Allan's goat: the self-serving business elites who love how mass immigration depresses wages; the double standards with pro-Palestine protests; and the ludicrous reach of trans ideology.
The post Annoyances appeared first on The Daily Sceptic.

offsite link Green Finance is Collapsing Sat Jun 28, 2025 07:00 | Ben Pile
Ed Miliband this week announced plans for the UK to become the "sustainable finance capital of the world". What he didn't mention, says Ben Pile, is that green finance is collapsing as investors pull funds in droves.
The post Green Finance is Collapsing appeared first on The Daily Sceptic.

offsite link News Round-Up Sat Jun 28, 2025 01:16 | Toby Young
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 Supreme Court Bombshell Ruling Declares Individual Judges Cannot Block Trump?s Policies Fri Jun 27, 2025 17:18 | Will Jones
The?US Supreme Court?has delivered a bombshell ruling that individual judges lack the power to issue nationwide injunctions and block the policies of President Trump or any other administration.
The post Supreme Court Bombshell Ruling Declares Individual Judges Cannot Block Trump’s Policies appeared first on The Daily Sceptic.

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Voltaire Network
Voltaire, international edition

offsite link Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en

offsite link Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en

offsite link Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en

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

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Amidst Covid-19 Spread, IMF and World Bank Signal Debt Relief for Poor Countries

category international | economics and finance | press release author Tuesday March 24, 2020 15:03author by Kate Zeller - Jubilee USA Network Report this post to the editors

Developing Countries Demand Debt Payments Stop

On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuador's Congress also demanded its government stop paying debt.

Washington, DC - On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuador's Congress also demanded its government stop paying debt.

"Countries need to prioritize fighting Covid-19 and billions can be freed up right away by halting debt payments," stated Eric LeCompte who leads the development group Jubilee USA and serves on United Nations debt expert groups. "Both among lenders and borrowers, we see growing calls to stop paying debt to save lives during the pandemic."

At G20 Finance Minister and Central Bank meetings on Monday, World Bank President David Malpass encouraged world leaders to allow very poor countries to stop paying debt. At the same meeting, the IMF's leader, Kristalina Georgieva noted the replenishing of funds in an IMF debt relief and aid mechanism that was used during the 2014 Ebola epidemic that struck 3 African countries.

"The IMF and World Bank calls for debt relief are critical in order to immediately strengthen health systems in the developing world," stated LeCompte. "In order to support all countries who need help and stop a global financial crisis we will need to broaden debt relief efforts, raise aid monies and move forward agreements that can stabilize the economy."

The leaders of LeCompte's organization, Jubilee USA, sent a letter to the head of the International Monetary Fund on Monday to take action to stop negative economic impacts of the Covid-19 virus.

The letter urges expanded debt relief and aid to bolster health-care for developing countries impacted by the coronavirus. Additional letter recommendations include debt payment moratoriums, improved debt restructuring, encouraging public budget approval processes for countries and raising revenue by curbing corruption, tax evasion and tax avoidance.

Related Link: http://www.jubileeusa.org
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