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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
Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link News Round-Up Thu Jul 31, 2025 00:51 | 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 Migration Adds 707,000 People to the Population of England and Wales in Just a YEAR ? The Second Lar... Wed Jul 30, 2025 19:00 | Richard Eldred
707,000 people have been added to the population of England and Wales in just one year ? 98% of them due to net migration ? making it the second-biggest rise in more than 75 years.
The post Migration Adds 707,000 People to the Population of England and Wales in Just a YEAR ? The Second Largest Jump Since 1945 appeared first on The Daily Sceptic.

offsite link Masking Our Schoolchildren Was Child Abuse ? A Rare Chance to Stop It Returning Wed Jul 30, 2025 17:00 | Dr Gary Sidley
Thanks to the Declaration of Dumfries, parents now have a real shot at suing councils that unlawfully forced masks on their children ? and at making sure this form of child abuse never happens again, says Gary Sidley.
The post Masking Our Schoolchildren Was Child Abuse ? A Rare Chance to Stop It Returning appeared first on The Daily Sceptic.

offsite link Rotherham Police Sexually Abused Us Too, Say Five Grooming Victims Wed Jul 30, 2025 15:00 | Richard Eldred
Just when you think the rape gang scandal can't get worse, five Rotherham victims say police officers abused them too ? claims currently being investigated by South Yorkshire Police itself, sparking fears of a whitewash.
The post Rotherham Police Sexually Abused Us Too, Say Five Grooming Victims appeared first on The Daily Sceptic.

offsite link The Online Safety Act is a Censor?s Charter Wed Jul 30, 2025 13:00 | Andrew Doyle
We were assured by Conservative and Labour politicians that the Online Safety Act was designed to protect children. In the last few days, its real, more sinister purpose has become, writes Andrew Doyle.
The post The Online Safety Act is a Censor?s Charter 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 >>

New York Assembly and Senate Champions Vow to Pass Global Debt Relief Bill

category international | economics and finance | press release author Tuesday May 02, 2023 20:52author by Anjoulie Woodhead Report this post to the editors

Largest New York Labor and Religious Groups Support the New York Taxpayer and International Debt Crises Protection Act



Largest New York Labor and Religious Groups Support the New York Taxpayer and International Debt Crises Protection Act

Speaking at a press conference from the famed "million dollar staircase" in New York's State Capitol, State Senator Brad Hoylman-Sigal and Assemblymember Patricia Fahy vowed to pass debt relief legislation, the New York Taxpayer and International Debt Crises Protection Act (A.2970, S.4747).

“The global COVID-19 pandemic and climate disaster have all laid bare just how interconnected the global economy has become today,” said Fahy. “New York is the world’s global financial hub — positioning us well to enact basic changes that will ensure debt relief for developing nations through investments in sustainable growth, infrastructure and more.”

Fahy, the lead Assembly sponsor of the bill, asserted that the initiative will benefit taxpayers and consumers in New York and the US as well as protect the state’s status as the world’s leading financial center. Constituents from across the State of New York descended on Albany on May 2nd to meet with lawmakers to urge passage of the Fahy and Hoylman-Sigal legislation.

“Our bill will help countries struggling to recover from challenges like climate change and COVID. At the same time, the bill will protect New York taxpayers and reduce the harmful impact of inflation,” said Hoylman-Sigal, the lead sponsor in the Senate of the New York Taxpayer and International Debt Crises Protection Act.

Developing countries owe more than 60 percent of their debt to private firms. Since 52% of the world's private sector debt is governed by New York law, the New York Taxpayer and International Debt Crises Protection Act (A.2970, S.4747) ensures the private sector participates in relief agreements supported by the US Government.

“Most of the world's countries continue to struggle with the pandemic and food crises,” noted Eric LeCompte, Executive Director of the religious development group Jubilee USA Network. “When developing countries, our trading partners, are in crises we face higher prices for eggs, flour, fuel and coffee."

A large coalition of religious, development, labor and environmental organizations promotes the legislation. Supporters include major unions such as New York AFL-CIO, New York AFSCME and the New York State Public Employees Federation; churches such as the New York State Catholic Conference, the New York State Council of Churches, the United Church of Christ, the Methodist Church and the Presbyterian Church; development organizations such as Oxfam America; Bread for the World and the ONE Campaign; Puerto Rico's Speaker of the House and religious leaders on the island; and environmental groups such as Catholic Climate Covenant and the Rivers & Mountains GreenFaith Circle.

"Major religious groups and unions support the legislation because it provides aid to people struggling with crises, protects our pensions and can help address inflation," noted LeCompte who serves on United Nations debt expert groups.

Last week, the United Nations Independent Expert on Foreign Debt and Human Rights, Attiya Waris, issued a letter to the New York legislature highlighting how the legislation will advance human rights.

Read the New York Taxpayer and International Debt Crises Protection Act bill and bill memo here.

Read the talking points for the New York Taxpayer and International Debt Crises Protection Act here.

Read The New York AFL-CIO, the New York State Catholic Conference, the New York Council of Churches, New York AFSCME, Oxfam America, Bread for the World, Puerto Rico and other Memos/Letters of Support for the New York Taxpayer and International Debt Crises Protection Act here.

Read the In-depth Frequently Asked Questions on the legislation here.

Read the media coverage on the legislation here.

Find Jubilee USA's press releases on the bill here.

Find all of the the New York Taxpayer and International Debt Crises Protection Act resources here.

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