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Spirit of Contradiction

offsite link The Party and the Ballot Box Sun Jul 14, 2019 22:24 | Gavin Mendel-Gleason

offsite link On The Decline and Fall of The American Empire and Socialism Sat Jan 26, 2019 01:52 | S. Duncan

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offsite link The Case of Comrade Dallas Mon Mar 19, 2018 19:44 | Sylvia Smith

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

Spirit of Contradiction >>

Public Inquiry
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The Saker
A bird's eye view of the vineyard

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offsite link Turkish Forces Lick Wounds After Airstrikes Hit Their Base In Libya Wed Jul 08, 2020 12:56 | amarynth
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offsite link A Swarm Of Swarms: Toward Aerospace Warfare Model Of The 21st Century Wed Jul 08, 2020 12:55 | amarynth
South Front Written and produced by SF Team: J.Hawk, Daniel Deiss, Edwin Watson While the phrase ?system of systems? has entered relatively common usage some years ago as a reflection

offsite link Iraqi Hezbollah: Iraq?s PM sought to prove US loyalty by raiding our HQ Tue Jul 07, 2020 00:18 | amarynth
From Middle East Observer Description: The military spokesman of the Iraqi Kataib Hezbollah (Hezbollah Brigades), Ja?far al-Husseini, said in a recent interview that Iraq?s prime minister Mustafa al-Kadhimi unmasked his real

offsite link Syrian Army Fights ISIS In Homs. SDF Rejects Deal With Damascus Mon Jul 06, 2020 18:48 | amarynth
South Front Clashes between government forces and ISIS terrorists have continued in central Syria since July 2, when ISIS cells stormed army positions in eastern Homs. In response, the Syrians

The Saker >>

IMF and World Bank Ask G20 to Halt Debt Collection for Poor Countries

category international | economics and finance | press release author Wednesday March 25, 2020 18:00author by Kate Zeller - Jubilee USA Network Report this post to the editors

The International Monetary Fund asked G20 countries and other lending countries to stop collecting debt from poor countries due to the coronavirus pandemic.

Washington, DC - The International Monetary Fund asked G20 countries and other lending countries to stop collecting debt from poor countries due to the coronavirus pandemic.

"We urge lending countries to take up this call so billions of dollars can be freed up for poor countries dealing with impacts of the coronavirus," said Eric LeCompte who leads Jubilee USA. The religious development group sent a letter to the IMF on Monday urging debt payment moratoriums. "Debt payment moratoriums can get money to countries quickly."

In a statement released Wednesday from the Fund and the World Bank, the institutions encouraged wealthy countries to stop collecting debt from 76 developing countries. More than 65% of those who live in extreme poverty call these countries home.

"Confronting the global health and economic impacts of the coronavirus will only be possible if we implement a number of solutions. We need to see the IMF and World Bank also use debt payment moratoriums," said LeCompte. "The IMF will need to provide financing for both poor and more developed countries. Various creditors will need to provide debt relief for developing and developed countries. We need to improve our debt restructuring processes very quickly."

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