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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

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Lockdown Skeptics

The Daily Sceptic

offsite link News Round-Up Fri May 09, 2025 00:56 | 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 The Sugar Tax Sums Up Our Descent into Technocratic Dystopia Thu May 08, 2025 19:00 | Dr David McGrogan
The sugar tax sums up Britain's descent into a technocratic dystopia, says Dr David McGrogan. While our Government does almost nothing well, it remains a world-leader in passive-aggressive, surreptitious nudging.
The post The Sugar Tax Sums Up Our Descent into Technocratic Dystopia appeared first on The Daily Sceptic.

offsite link UK ?Shafted? by US Trade Deal Thu May 08, 2025 17:44 | Will Jones
The US-UK trade deal announced today is a clear win for Trump, says Sam Ashworth-Hayes, leaving the UK worse off than in March and opening up UK markets in exchange only for reducing recently imposed tariffs.
The post UK “Shafted” by US Trade Deal appeared first on The Daily Sceptic.

offsite link Australia?s Liberal Party Only Has Itself to Blame for its Crushing Defeat by Labour Thu May 08, 2025 15:30 | Dr James Allan
As in Canada, so in Australia, the crushing defeat of the conservative Liberal Party by Labour has been widely blamed on Trump. But in truth, Peter Dutton and his team only have themselves to blame, says Prof James Allan.
The post Australia’s Liberal Party Only Has Itself to Blame for its Crushing Defeat by Labour appeared first on The Daily Sceptic.

offsite link Sun-Dimming Quango has ?800 Million of Taxpayer Money to Blow ? and a CEO on ?450k Thu May 08, 2025 13:28 | Sallust
The quango behind the mad and dangerous plan to dim the Sun has a budget of ?800 million of taxpayer money to blow on speculative projects ? and a CEO on ?450k. What an extraordinary misuse of public money.
The post Sun-Dimming Quango has ?800 Million of Taxpayer Money to Blow ? and a CEO on ?450k 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

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Mozambique Audit Reveals Corruption and Short Falls in Financial System

category international | politics / elections | 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

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