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Irish Left Review
Joined up thinking for the Irish Left

offsite link New Books Worth Reading Mon Sep 19, 2016 23:25 | Seán Sheehan

offsite link 13 Billion ? Lucky for some? Mon Sep 05, 2016 13:04 | Tony Phillips

offsite link Rebuilding Ireland: Long on Promise, Short on Detail Mon Aug 29, 2016 22:20 | Eoin O'Mahony

offsite link Brexit and Other Issues: Comments on the Current Situation Mon Aug 29, 2016 21:52 | Brendan Young

offsite link Bin Charges: From Private Circus to Public Service Tue Jun 21, 2016 12:38 | Michael Taft

Irish Left Review >>

Spirit of Contradiction

offsite link On The Decline and Fall of The American Empire and Socialism Sat Jan 26, 2019 01:52 | S. Duncan

offsite link What is Dogmatism and Why Does It Matter? Wed Mar 21, 2018 08:10 | Sylvia Smith

offsite link The Case of Comrade Dallas Mon Mar 19, 2018 19:44 | Sylvia Smith

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

offsite link Fake News: The Epistemology of Media Wed Jun 07, 2017 11:52 | Gavin Mendel-Gleason

Spirit of Contradiction >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Alison O’Connor and professional deceit

offsite link Educating Marian Finucane Anthony

offsite link Denis O’Brien: Are the sharks closing in? Anthony

offsite link Kathy Sheridan: Afraid to speak truth to power? Anthony

offsite link Una Mullally: The youth of Ireland are on the march Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link Interview of Sheikh Imran Hosein on Islamic Eschatology and the NZ Massacre Mon Mar 25, 2019 22:33 | The Saker

offsite link All roads lead to Rome for Xi Mon Mar 25, 2019 20:33 | The Saker
by Pepe Escobar (cross-posted with the Asia Times ) by special agreement with the author) All (silk) roads do lead to Rome, as this Saturday Chinese President Xi Jinping and

offsite link A message from Roger Waters to Venezuela from Switzerland via Chile Mon Mar 25, 2019 19:46 | The Saker
CHILE A message to VENEZUELA from SWITZERLAND via CHILE#HANDSOFFVENEZUELA, We were right about #RUSSIAGATE we?re right about VENEZUELA.LoveR. Posted by Roger Waters on Sunday, March 24, 2019  

offsite link ABC of Modern Empire Mon Mar 25, 2019 15:31 | The Saker
by Naresh Jotwani for The Saker Blog This post attempts to dig a little deeper into the dynamics of ?the empire? and ?the resistance?. In particular, we examine the specific

offsite link Yellow Vests Act 19 (Paris): Report Mon Mar 25, 2019 00:26 | The Saker
by Ollie Richardson for The Saker Blog   March 23rd in France marked the 19th consecutive weekend of nationwide Yellow Vests protests, the most noteworthy of which happened in Nice,

The Saker >>

G7 Hurricane Debt Relief Caribbean/Small Islands

category international | economics and finance | press release author Friday June 01, 2018 19:28author by Lydia Andrews - Jubilee USA Network Report this post to the editors

Washington DC - On the first day of the 2018 hurricane season, G7 Finance and Development Ministers are reviewing proposals for debt relief and “innovative financing” when islands are hit by natural disasters. Also focusing on empowering women in the economy, the group meets in Whistler, Canada, through Sunday. These meetings will help prepare outcomes for the upcoming G7 Ministerial meeting that President Trump attends later in June.

Washington DC - On the first day of the 2018 hurricane season, G7 Finance and Development Ministers are reviewing proposals for debt relief and “innovative financing” when islands are hit by natural disasters. Also focusing on empowering women in the economy, the group meets in Whistler, Canada, through Sunday. These meetings will help prepare outcomes for the upcoming G7 Ministerial meeting that President Trump attends later in June.

“As a new hurricane season begins, there is an urgency for the G7 to promote crisis response tools like debt relief,” noted Jubilee USA Executive Director Eric LeCompte who tracked G7 meetings since 2010. “This is the first time that Finance and Development Ministers are meeting jointly at the G7 and they can promote solutions for when financial crises and humanitarian crises collide.”

Colorado State University's "2018 Tropical Meteorology Project Forecast Schedule," projects that the 2018 hurricane season could be stronger than the 2017 season. From Dominica to Puerto Rico, many islands are struggling to recover from the damage inflicted during the 2017 hurricane season. In September, Jubilee USA began collecting thousands of petitions and organized hundreds of national and local faith communities urging debt relief initiatives when hurricanes strike. These initiatives include providing “breathing space” so when natural disasters hit developing islands they can temporarily stop debt payments and put the money into disaster relief. If a debt payment moratorium is not enough, then Jubilee USA advocates restructuring the debt to deliver further aid.

In recent months major religious leaders and Heads of State went on record calling for such processes including Antigua and Barbuda Prime Minister Gaston Browne and Grenada Prime Minister Keith Mitchell. Caribbean Leaders of the Presbyterian, Roman Catholic, Pentecostal, Seventh Day Adventist, Methodist, Anglican and Episcopal Churches and the Salvation Army joined Jubilee Caribbean urging that this process be in place before this year’s hurricanes hit. The proposals were discussed at the April United Nations Forum on Financing for Development during high-level public and private meetings. The Episcopal Church, Presbyterian Church USA, United Church of Christ, United States Conference of Catholic Bishops and Jubilee USA met with the White House and US G7 team around the proposals.

“Many of the islands that are prone to hurricanes already struggle with high child poverty rates and high debt burdens,” stated LeCompte. “When these islands are struggling to recover and meet the needs of their people, they shouldn’t be paying debt.”

According to Jubilee USA, since the early 2000s, debt relief processes cut the debt of some of the world’s poorest countries. In recent years, debt relief initiatives supported Haiti after it was struck by an earthquake and relieved the debts of three African countries affected by the Ebola outbreak.

Read the Jubilee Caribbean Religious Leader Statement

Jubilee USA Network is an alliance of more than 75 US organizations and 650 faith communities working with 50 Jubilee global partners. Jubilee USA builds an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA wins critical global financial reforms and won more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

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Available for interview: Eric LeCompte, Executive Director
Contact: Lydia Andrews, Deputy Director
lydia@jubileeusa.org / (o) (202) 783-3566 x109 / (m) (847)772-2305

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