User Preferences

  • Language - en | ga
  • text size >>
  • make this your indymedia front page make this your indymedia front page

Blog Feeds

The Saker
A bird's eye view of the vineyard

offsite link About the importance of moderation (a ?thank you!!? to the mods) Sat Nov 18, 2017 18:10 | The Saker
There was an interesting comment posted recently on the Unz Review under one of my recent articles.  It said the following: Kiza’s comment mirrors something I did indeed observe: every

offsite link Moveable Feast Cafe 2017/11/18 ? Open Thread Sat Nov 18, 2017 08:00 | Herb Swanson
2017/11/18 08:00:01Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link Syrian War Report ? November 17, 2017: Government Forces Once Again Storming Al-Bukamal Fri Nov 17, 2017 16:09 | Scott
https://southfront.org/syrian-war-rep... If you?re able, and if you like our content and approach, please support the project. Our work wouldn?t be possible without your help: PayPal: southfront@list.ru or via: http://southfront.org/donate/ or via: https://www.patreon.com/southfront The Syrian Arab Army

offsite link I can see for miles in China ? What do you see? Fri Nov 17, 2017 05:29 | The Saker
I can see for miles in China. What do you see from your vantage point? Moscow-Beijing Express on The Saker by Jeff J. Brown for the Saker blog Crosslinked with:

offsite link A ZioWahabi attack on Hezbollah and Iran? Fri Nov 17, 2017 05:15 | The Saker
Israel, Saudi Arabia Setting Preconditions For War With Hezbollah ? a critical analysis This article was written for the Unz Review SouthFront has just released a very interesting video analysis

The Saker >>

Human Rights in Ireland
www.humanrights.ie

offsite link Liberty, the ICCL, and other NGO groups? landmark challenge against the UK Government?s mass surveil... Tue Nov 07, 2017 11:56 | admin

offsite link What Ireland can gain from international guidance on Article 19 UNCRPD Mon Oct 23, 2017 12:53 | Eilionoir Flynn

offsite link Repeal or Replace? Tue Oct 03, 2017 06:31 | Fiona de Londras

offsite link An Abortion Law Immune from Constitutional Review? Thu Sep 28, 2017 20:14 | Fiona de Londras

offsite link Should the pro-choice movement support a new constitutional provision on abortion? Wed Sep 27, 2017 16:19 | Eoin Daly

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link The late 1960s experiment with Daylight Saving Time 14:32 Sat Nov 18, 2017 | WorldbyStorm

offsite link Class and culture 11:26 Sat Nov 18, 2017 | WorldbyStorm

offsite link Tolkien for television? 10:29 Sat Nov 18, 2017 | WorldbyStorm

offsite link This Weekend I?ll Mostly Be Listening to? 13 Year Itch (a 4AD compilation) 07:58 Sat Nov 18, 2017 | irishelectionliterature

offsite link One step forward, three steps back? 10:54 Fri Nov 17, 2017 | WorldbyStorm

Cedar Lounge >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

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

offsite link THE WRATH OF KANE: BANKING CRISES AND POLITICAL POWER 09:32 Fri Jan 30, 2015

Dublin Opinion >>

Mozambique Audit Reveals Corruption and Short Falls in Financial System

category international | elections / politics | news report author Wednesday July 05, 2017 22:22author by Abby Wilhelm - Jubilee USA Network Report this post to the editors

Trump and G20 Leaders Review New Guidelines to Prevent Debt Crisis on Friday

Ahead of President Trump's first G20 meeting in Germany this weekend, Mozambique released an audit exposing violations of the country's laws to secure now-defaulted loans.

Ahead of President Trump's first G20 meeting in Germany this weekend, Mozambique released an audit exposing violations of the country's laws to secure now-defaulted loans. Nearly $2 billion in loans were secured by the government of Mozambique but hidden from the public and Parliament. Last week, Business Insider reviewed CIA data and ranked Mozambique as one of the most indebted countries in the world. The United Nations Development Programme ‎lists Mozambique as one of the least developed countries in the world at 181 out of 188 countries.

“We know that the financial crisis in Mozambique was caused by corruption at the national and international level,” said Eric LeCompte, Executive Director of the religious development group Jubilee USA. “It seems a group of Mozambique's leaders and creditors conspired to steal from some of the world's poorest people.”

The financial scandal and debt crisis facing Mozambique will be discussed in Hamburg by G20 leaders in the context of new responsible lending and borrowing guidelines during their annual two day meeting. Finance Ministers for the Group of 20 supported these "Operational Guidelines for Sustainable Financing" at their March meeting in Baden-Baden, Germany.

“The G20 is calling on its member countries to pass stronger laws to stop corruption and enforce responsible lending and borrowing,” said LeCompte who serves on United Nation debt expert groups. “While the new G20 guidelines fall short on determining whether or not a country's debt is sustainable, the guidelines are progress in protecting vulnerable people from economic crisis."

Jubileeusa.org

© 2001-2017 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy