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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 Might the BBC?s Tim Davie Soon Find Himself Replacing Lucy Connolly in Jail? Tue Jul 01, 2025 09:00 | Nick Rendell
If Lucy Connolly was jailed for stirring up racial hatred, the same must go for BBC Director General Tim Davie, says Nick Rendell. Davie personally took the decision to broadcast Bob Vylan's antisemitic chant to millions.
The post Might the BBC’s Tim Davie Soon Find Himself Replacing Lucy Connolly in Jail? appeared first on The Daily Sceptic.

offsite link London?s Week of ?Climate Action? Was All Talk Tue Jul 01, 2025 07:00 | Ben Pile
Even if you're a Londoner, you probably didn?t notice that June 21st-29th was 'London Climate Action Week'. It was all talk, says Ben Pile ? exceptionally dull talk, bankrolled by the usual Green Blob billionaires.
The post London’s Week of ‘Climate Action’ Was All Talk appeared first on The Daily Sceptic.

offsite link News Round-Up Tue Jul 01, 2025 01:04 | Richard Eldred
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 Why Do 1,000 Refugees Get Free Wimbledon Tickets While Long Suffering Locals Get None? Mon Jun 30, 2025 19:37 | Jo-Anne Nadler
As Wimbledon gets underway, its SW19 neighbours have to put up with a lot, from encroaching development to security checks to get home. Yet, unlike 1,000 refugees, they're shut out from the tennis, says Jo-Anne Nadler.
The post Why Do 1,000 Refugees Get Free Wimbledon Tickets While Long Suffering Locals Get None? appeared first on The Daily Sceptic.

offsite link Criminal Investigation Launched into Bob Vylan and Kneecap?s Glastonbury Performances as US Revokes ... Mon Jun 30, 2025 17:43 | Will Jones
Police have announced a criminal investigation into Bob Vylan and Kneecap's Glastonbury?performances as the Trump administration kills the punk duo's American tour by revoking their visa over antisemitic death chants.
The post Criminal Investigation Launched into Bob Vylan and Kneecap’s Glastonbury Performances as US Revokes Punk Group’s Visa Over Antisemitic Death Chants 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

Voltaire Network >>

World Leaders Meet to Tackle COVID Debt and Development Crises

category international | economics and finance | news report author Wednesday July 08, 2020 21:41author by Zachary Conti, zach@jubileeusa.org - Jubilee USA Network Report this post to the editors

The G20 and Paris Forum convened a global virtual High-Level Ministerial conference for 39 countries focused on the economic, debt and development impacts of the coronavirus.

The G20 and Paris Forum convened a global virtual High-Level Ministerial conference for 39 countries focused on the economic, debt and development impacts of the coronavirus.

"The meeting offered recommendations to the G20 as it tries to build consensus on next steps for dealing with the coronavirus economic impacts," noted Eric LeCompte, a United Nations finance expert and the Executive Director of the religious development group Jubilee USA. "G20 Finance Ministers meet next week and will move forward decisions on debt relief and development aid for developing countries."

"In April, the G20 moved forward a plan to suspend debt payments for 73 of the world's poorest countries. 41 of the 73 countries are accepting the relief.

"Next week's G20 meeting will focus on extending the debt payment suspension into 2021," said LeCompte. "While suspending the debt payments will generate billion of dollars for poor countries to deal with the coronavirus, the G20 plan still faces challenges. Not all G20 countries are fully participating and the private sector and commercial banks won't commit to join in debt relief measures. We also have the whole category of developing Middle Income Countries who are left out of debt relief plans.

"The July 8th, High-Level Ministerial Conference, "Tackling the COVID-19 Crisis, Restoring Sustainable Capital Flows and Robust Financing for Development," included speeches from the heads of the IMF and World Bank. The World Bank's David Malpass called on China's Development Bank to join the debt suspension and he noted that some countries will need debts permanently reduced. Kristalina Georgieva, the head of the IMF, urged world leaders to start to look more closely at the challenges that Middle Income Countries like tourism dependent small island states face.

"The coronavirus crisis is destroying livelihoods and economies," noted LeCompte. "Expanding and increasing debt relief so people can survive the economic and health impacts of the crisis is essential for the developing world."

Related Link: https://d3n8a8pro7vhmx.cloudfront.net/jubileeusa/pages/969/attachments/original/1594219072/High-Level_Ministerial_on_COVID_and_Debt.July8th.pdf?1594219072
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