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Spirit of Contradiction

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

offsite link Officials and Provisionals Sat Apr 01, 2017 22:54 | James O'Brien

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

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

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The Saker
A bird's eye view of the vineyard

offsite link Russian Farmer: Thanks for Sanctions, Mr President! Putin: Thank the West Fri Oct 19, 2018 23:28 | The Saker

offsite link Freedom and Other Illusions: Further excursions into what used to be called ?high versus low culture... Fri Oct 19, 2018 19:40 | The Saker
Freedom and Other Illusions – Further excursions into what used to be called “high versus low culture” (or, further illusions concerning American art & the Medium / et cetera) With

offsite link All Part of the Deal! Ukraine Hands Over Churches to Constantinople, Redistributing Property Fri Oct 19, 2018 13:48 | The Saker

offsite link The Empire splits the Orthodox world ? possible consequences Fri Oct 19, 2018 05:10 | The Saker
[This analysis was written for the Unz Review] In previous articles about this topic I have tried to set the context and explain why most Orthodox Churches are still used

offsite link Foreign Minister Sergey Lavrov?s interview with Euronews Fri Oct 19, 2018 00:36 | Scott
Foreign Minister Sergey Lavrov?s interview with Euronews, Moscow, October 16, 2018   Question: The issue of Russia?s financial contribution to the Council of Europe has long been on the agenda

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Human Rights in Ireland
A Blog About Human Rights

offsite link 112 Pro-Biafra Imo Women Arrested Sat Aug 25, 2018 16:30 | Human Rights

offsite link Traveller Community in Galway Fri Aug 03, 2018 16:28 | Human Rights

offsite link US Withdraw From UN Human Rights Council Thu Jul 19, 2018 16:32 | Human Rights

offsite link Maldives Remain UK Priority Thu Jul 19, 2018 16:31 | Human Rights

offsite link Yemen Conflict Wed Jul 18, 2018 16:38 | Human Rights

Human Rights in Ireland >>

Senate Bill Offers Debt Relief for Puerto Rico

category international | economics and finance | press release author Wednesday July 25, 2018 18:56author by Lydia Andrews - Jubilee USA Network Report this post to the editors

New Senate legislation offers additional options for Puerto Rico to cut its debt. Senators Elizabeth Warren (D-MA), Bernie Sanders (I-VT), Kirsten Gillibrand (D-NY), Ed Markey (D-MA) and Kamala Harris (D-CA) introduced the US Territorial Relief Act. If Congress passes the act, US Territories that experience natural disasters could qualify for debt relief.

"Puerto Rico continues to struggle with the aftermath of Hurricanes Maria and Irma," noted Puerto Rico Archbishop Roberto González Nieves. "The hurricanes were made worse by debt crisis and austerity policies. Legislation such as this, can provide us more options for debt relief and greater transparency in the finances of our island."

The bill also creates an audit commission to study the causes of the debt. US Territories, like Puerto Rico, would qualify for relief if two of three criteria are met. The specific criteria refer to population decrease, receiving federal disaster aid and the total debt per person exceeds $15,000.

Both Puerto Rico and the US Virgin Islands likely meet the Senate Bill's eligibility requirements.

“Beyond debt relief, Puerto Rico and the US Virgin Islands still need Congress to authorize more disaster aid to rebuild to withstand the coming storms," stated Jubilee USA Executive Director Eric LeCompte. LeCompte serves on United Nation debt expert groups and works with Puerto Rico religious leaders on resolving the debt crisis. "Without seriously cutting Puerto Rico's debt there is little hope for reducing the high child poverty rate, let alone seeing sustainable economic growth."

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