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Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Editing letters to the Irish Times

offsite link Stephen Collins: An enemy of my country Anthony

offsite link Elaine Byrne: Suffering from chronic naivety Anthony

offsite link Free speech under state attack in Ireland Anthony

offsite link Denis O’Brien: Are the sharks moving in for the kill? Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link Ukraine SITREP February 11th, 2016 by Scott Thu Feb 11, 2016 17:09 | Scott
Ukraine 1. Ukrainian oligarch Firtash: Ukraine is being ruled by foreigners. The US governance of Ukraine has been proven to be ineffective and turned the country into a political bankrupt.

offsite link International Military Review ? Syria, Feb. 11, 2016 Thu Feb 11, 2016 14:54 | The Saker
If you are having trouble viewing this video, go to the Youtube version at https://www.youtube.com/user/crimeanf...

offsite link Most interesting statement of Major General Igor Konashenkov (MUST SEE!) Thu Feb 11, 2016 13:07 | The Saker
The interesting stuff begins at marker point 4:15.  This is quite an amazing statement.  I don’t think I have ever heard before a senior Russian officer so openly express his

offsite link International Military Review ? Syria & Iraq ? Feb.10, 2016 Thu Feb 11, 2016 00:41 | The Saker
If you are having trouble viewing this video, go to the Youtube version at https://www.youtube.com/user/crimeanf...

offsite link Foreign Policy Diary ? Turkey?s Military Intervention to Syria Thu Feb 11, 2016 00:04 | The Saker
If you are having trouble viewing this video, go to the Youtube version at https://www.youtube.com/user/crimeanf...

The Saker >>

Human Rights in Ireland
www.humanrights.ie

offsite link Michelle Farrell on Freedom from Fear Fri Feb 12, 2016 11:47 | GuestPost

offsite link Brian Farrell on Freedom from Want Fri Feb 12, 2016 11:46 | GuestPost

offsite link Darcy on Freedom of Religion Fri Feb 12, 2016 11:45 | GuestPost

offsite link Keane on Freedom of Speech and Expression Fri Feb 12, 2016 11:43 | GuestPost

offsite link Celebrating Roosevelt?s Four Freedoms Fri Feb 12, 2016 11:42 | GuestPost

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link Northern Ireland representation in the Dáil 13:54 Fri Feb 12, 2016 | WorldbyStorm

offsite link Techno big government libertarians? 12:53 Fri Feb 12, 2016 | WorldbyStorm

offsite link As others see the election? 09:53 Fri Feb 12, 2016 | WorldbyStorm

offsite link This Week At Irish Election Literature 06:03 Fri Feb 12, 2016 | irishelectionliterature

offsite link TV3 party leaders debate: Old crowd in tonight? 21:10 Thu Feb 11, 2016 | WorldbyStorm

Cedar Lounge >>

Supreme Court Hears Argentina Predatory Hedge Fund Discovery Case High Court Decision to Hear Broader Landmark Debt Case Pending

category international | miscellaneous | news report author Friday April 18, 2014 18:00author by Arielle Retrosi Report this post to the editors

On Monday, the Supreme Court hears arguments between Argentina and holdouts who refused two debt restructuring deals after Argentina defaulted on its debts in 2001. The Supreme Court Justices will determine if predatory hedge fund, NML Capital can obtain information from US Banks that reveal Argentina's holdings in order to target those assets for debt payments. The Obama Administration is siding with Argentina in the case. In the summer, the Supreme Court will also decide if it will hear a much broader case between Argentina and the hedge funds that impacts extreme poverty, official US debt policy and country debt restructuring.

"The Supreme Court hearing this initial case offers some indication that they are interested in hearing the broader case," said Eric LeCompte, Executive Director of the religious antipoverty coalition, Jubilee USA Network. "The courts decision on the broader case will impact financial stability and people living in extreme poverty."

In late March, Jubilee USA Network and 79 religious and development groups filed an Amicus ("friend-of-the-court") brief with the Supreme Court urging them to take the broader case with global implications. In addition to Jubilee USA's filing, economist Joseph Stiglitz and the governments of Brazil and Mexico also filed on Argentina's side. The G24, the International Monetary Fund, World Bank, United Nations and the US government continue to raise concerns with predatory holdout behavior.

“There's a global consensus that his behavior hurts poor people and legitimate investors,” said LeCompte who serves on several UN expert groups working to stem predatory behavior. "If the Supreme Court takes the broader case and decides for Argentina, we'll see a lot of this extreme behavior end."

Jubilee USA Network is an alliance of more than 75 US organizations, 400 faith communities and 50 Jubilee global partners. Jubilee's mission is to build an economy that serves, protects and promotes participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

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