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The Saker
A bird's eye view of the vineyard

offsite link Defense Minister Shoigu interviewed about the recent military maneuvers Thu Sep 20, 2018 04:25 | The Saker

offsite link France tells dead Algerians they were killed by ?systematic torture? Thu Sep 20, 2018 03:19 | The Saker
by Ramin Mazaheri for The Saker Blog Last week French President Emmanuel Macron admitted for the first time ever that France used torture systematically during the Algerian War for Independence.

offsite link Book POKÉMON IN UKRAINE: Tactical War Game Introduction MANUAL available for free Thu Sep 20, 2018 01:27 | Scott
On the morning of September 17, 2018, Russia’s Ministry of Defense revealed new findings in the crash of the MH-17 flight investigation. New evidences presented by the military prove that

offsite link Russian response options to the latest Israeli provocation Wed Sep 19, 2018 16:53 | The Saker
Over the past 24 hours the Internet, including this blog, have been flooded with opinion on what everybody and anybody would do if they were in Putin’s boots.  Proposals range

offsite link Il-20: No Apology From Tel-Aviv! ? Special Reports From Syria and Israel Tue Sep 18, 2018 17:39 | Scott
Shoigu: Israel Is FULLY RESPONSIBLE for Killing Russian Servicemen   Il-20: No Apology From Tel-Aviv! – Special Reports From Syria and Israel  

The Saker >>

Human Rights in Ireland
News on Human Rights

offsite link 112 Pro-Biafra Imo Women Arrested Sat Aug 25, 2018 14:06 | Human Rights

offsite link Traveller Community in Galway Fri Aug 03, 2018 18:03 | Human Rights

offsite link Maldives Remain UK Priority Thu Jul 19, 2018 13:09 | Human Rights

offsite link US Withdraw From UN Human Rights Council Thu Jul 19, 2018 13:06 | Human Rights

offsite link Returning Refugees Greece Wed Jul 18, 2018 10:56 | Human Rights

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link Where was this guy five, ten, fifteen years ago? 11:20 Thu Sep 20, 2018 | guestposter

offsite link They?re only now realising this? 10:54 Thu Sep 20, 2018 | guestposter

offsite link Dissident Republicanism and Brexit? 08:55 Thu Sep 20, 2018 | WorldbyStorm

offsite link For the want of five polling centres 07:57 Thu Sep 20, 2018 | WorldbyStorm

offsite link No agreed Independent Presidential candidate? No surprise. 07:55 Thu Sep 20, 2018 | 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 >>

Governments Negotiate UN Agreement on Global Development

category international | economics and finance | news report author Wednesday May 13, 2015 18:07author by Sophia Har - Jubilee USA Network Report this post to the editors

The United Nations, International Monetary Fund (IMF), World Bank and finance ministries are meeting in New York to finalize an agreement for the Financing for Development Conference (FfD) to be held in Addis Ababa, Ethiopia, in July.

IMF's Lagarde and World Leaders Will Attend Historic Ethiopia Summit

The United Nations, International Monetary Fund (IMF), World Bank and finance ministries are meeting in New York to finalize an agreement for the Financing for Development Conference (FfD) to be held in Addis Ababa, Ethiopia, in July. The summit seeks to tackle global poverty and features the IMF's Christine Lagarde, heads of state, business leaders and humanitarian groups such as Jubilee USA Network. Pope Francis has committed to attend the Sustainable Development Goals Conference to follow up on the commitments from the Financing for Development process.

"These negotiations are critical for billions of people living in poverty," said Eric LeCompte, executive director of the religious development organization, Jubilee USA Network. LeCompte and Jubilee USA are involved in negotiating the FfD outcome document. "This is a rare opportunity to create a binding global plan to drastically diminish poverty in our lifetime."

This summer's conference is the third Financing for Development summit. The first summit was held in 2002 in Monterrey, Mexico. It produced the "Monterrey Consensus," which laid out six areas of development financing. The 2008 summit in Doha, Qatar, led to commitments from developed nations to continue aid to developing nations and to address a number of systemic global economic concerns that contribute to global poverty such as debt, trade and tax issues. As the United Nations Millennium Development Goals expire, current negotiations continue to focus on these "systemic" issues in the form of domestic resource mobilization, or supporting developing countries to raise more revenue in their countries.

"The Financing for Development outcomes can curb corruption, tax evasion and unsustainable debts in the developing world," noted LeCompte, who serves on UN expert groups that focus on global finance. "If we succeed in changing tax, trade and debt policies, we can raise trillions of dollars to address poverty."

Poor countries pay several times as much on debt payments as they receive in official aid. There are also efforts to address so-called "illicit financial flows" through the FfD process. Developing countries lose nearly $1 trillion each year to these flows, which include corruption, tax evasion and crime, according to the research organization Global Financial Integrity. The recent Africa Union high-level panel led by former South African president Thabo Mbeki noted that Africa loses $50 billion annually to such flows. Another aspect of "domestic resource mobilization" is transparency and accountability in the budgets of countries. The United Nations Conference on Trade and Development (UNCTAD) developed principles for responsible lending and borrowing. The final agreement in Addis Ababa could standardize such accountability principles across the globe.

"Lending, borrowing and budget transparency is key," said LeCompte, who helped UNCTAD develop the principles. "Adopting responsible lending and borrowing raises billions of dollars and costs nothing."

Jubilee USA Network is an alliance of more than 75 US organizations and 400 faith communities working with 50 Jubilee global partners. Jubilee's mission is to build an economy that serves, protects and promotes the 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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