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The Saker
A bird's eye view of the vineyard

offsite link The Afghanistan ?peace deal? riddle Wed Feb 26, 2020 19:04 | amarynth
Pepe Escobar for the Saker Blog : Posted with permission  As far as realpolitik Afghanistan is concerned, with or without a deal, the US military want to stay in what

offsite link Highlights from the Assange Trial Thus Far Wed Feb 26, 2020 18:56 | amarynth
Eric Zuesse for The Saker Blog Here are the most informative excerpts that I have noted from the best news-reporting from journalists who have been attending at the trial: CRAIG

offsite link Moveable Feast Cafe 2020/02/24 ? Open Thread Mon Feb 24, 2020 09:00 | Herb Swanson
2020/02/24 09:00:01Welcome 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 No Weapon Left Behind: The American Hybrid War on China Sat Feb 22, 2020 18:38 | amarynth
Pepe Escobar : Posted with permission and x-posted with Strategic Culture Foundation The New Silk Roads ? or Belt and Road Initiative (BRI) ? were launched by President Xi Jinping

offsite link 20 Questions with Vladimir Putin : Episode 2. Putin on Ukraine Fri Feb 21, 2020 17:06 | amarynth
From TASS Has Vladimir Putin seen the Servant of the People TV series? Is dialogue with Zelensky possible? How to view Ukrainians? national identity? Are Russians and Ukrainians one people?

The Saker >>

Human Rights in Ireland
A Blog About Human Rights

offsite link Latest Listings Mon Feb 10, 2020 10:07 | Human Rights

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offsite link US Holds China To Account For Human Rights Violations Sun Oct 13, 2019 19:12 | Human Rights

offsite link UN Human Rights Council Should Address Human Rights Crisis in Cambodia Sat Aug 31, 2019 13:41 | Human Rights

offsite link Fijian women still face Human Rights violations Mon Aug 26, 2019 18:49 | Human Rights

Human Rights in Ireland >>

Cedar Lounge
"A flaky website that purports to be ?leftist,? The Cedar Lounge Revolution, occasionally makes a relevant point or two."

offsite link Bridge enthusiast 11:59 Wed Feb 26, 2020 | WorldbyStorm

offsite link Independent Left: Dublin?s new Mayor? 09:33 Wed Feb 26, 2020 | guestposter

offsite link Those new Dáil groups? 08:20 Wed Feb 26, 2020 | WorldbyStorm

offsite link What you want to say ? 26 February 2020 05:24 Wed Feb 26, 2020 | WorldbyStorm

offsite link Building the narrative around the election? 09:43 Tue Feb 25, 2020 | WorldbyStorm

Cedar Lounge >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Some Thoughts on the Brexit Joint Report 11:50 Sat Dec 09, 2017

offsite link IRISH COMMONWEALTH: TRADE UNIONS AND CIVIL SOCIETY IN THE 21ST CENTURY 14:06 Sat Nov 18, 2017

offsite link Notes for a Book on Money and the Irish State - The Marshall Aid Program 15:10 Sat Apr 02, 2016

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

Dublin Opinion >>

IMF and Word Bank Heads Debate Growing Debt Problems

category international | economics and finance | press release author Monday February 10, 2020 19:14author by Kate Zeller - Jubilee USA Network Report this post to the editors

The leaders of the World Bank and IMF discussed concerns of global debt levels at an event held today at the World Bank Preston Auditorium.

Washington, DC - The leaders of the World Bank and IMF discussed concerns of global debt levels at an event held today at the World Bank Preston Auditorium.

"World Bank and IMF data asserts debt levels and vulnerabilities are at worrying levels," noted Eric LeCompte who leads the religious development coalition, Jubilee USA Network. "It seems impossible for developing countries to raise money for development and simultaneously wrestle with unsustainable debt levels."

The event, "Development and Debt in Lower-income Economies," featured IMF head Kristalina Georgieva and World Bank head David Malpass discussing the challenges with lowering debt loads while attempting to raise money to meet development needs. Recent reports from the World Bank and IMF highlight African countries that benefited from debt relief processes in the past that again face debt crises and high debt levels.

"We urgently need to implement solutions that can get us to sustainable debt levels and prevent the next financial crisis," said LeCompte who serves on United Nation finance expert groups. "We need to muster the political will to implement the international policies that we already rely on for creating stability in our domestic economies. We really need comprehensive debt restructuring and better responsible lending and borrowing policies in the international financial system."

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