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The Saker
A bird's eye view of the vineyard

offsite link SITREP: Day 4 in Belgrade ? the unravelling of a popular revolt, or of the regime? Sat Jul 11, 2020 22:27 | The Saker
by Saker?s Johnny-on-the-spot in Belgrade for the Saker Blog What started a few days ago as a vigorous grass-roots movement is slowly but surely being reconfigured (and not in the

offsite link News flash: Capitalism has no answer for 50 million jobless people Sat Jul 11, 2020 18:35 | amarynth
by Ramin Mazaheri for the Saker Blog Oh – did you have one? Well? we?re waiting. But we will certainly be waiting in vain because the ?best? US economic minds,

offsite link Iran-China pact turbocharges the New Silk Roads Sat Jul 11, 2020 18:28 | amarynth
China will invest $400 billion in Iran energy and infrastructure but nothing in strategic pact allows for a Chinese troop presence or island handover By Pepe Escobar – republished from

offsite link Foreign Minister Sergey Lavrov?s statement and answers to media questions Sat Jul 11, 2020 12:38 | amarynth
Foreign Minister Sergey Lavrov?s statement and answers to media questions at a news conference following political consultations between the foreign ministers of Russia and three African Union countries (South Africa,

offsite link War Preparations: Egypt And Turkey Kick Off Large-Scale Drills Near Libya Fri Jul 10, 2020 20:47 | amarynth
South Front Turkey and Egypt are flexing their military muscles off the Libyan shores as chances of a potential war in the eastern Mediterranean continue growing. Firstly, the Turkish Ministry

The Saker >>

Human Rights in Ireland
A Blog About Human Rights

offsite link Human Rights Fri Mar 20, 2020 16:33 | Human Rights

offsite link Turkish President Calls On Greece To Comply With Human Rights on Syrian Refugee Issues Wed Mar 04, 2020 17:58 | Human Rights

offsite link US Holds China To Account For Human Rights Violations Sun Oct 13, 2019 19:12 | Human Rights

offsite link UN Human Rights Council Should Address Human Rights Crisis in Cambodia Sat Aug 31, 2019 13:41 | Human Rights

offsite link Fijian women still face Human Rights violations Mon Aug 26, 2019 18:49 | Human Rights

Human Rights in Ireland >>

Cedar Lounge
"A flaky website that purports to be ?leftist,? The Cedar Lounge Revolution, occasionally makes a relevant point or two."

offsite link (Left) saucer fans fiction 14:16 Sat Jul 11, 2020 | WorldbyStorm

offsite link Ennio Morricone 1928-2020 12:35 Sat Jul 11, 2020 | guestposter

offsite link This Weekend I?ll Mostly Be Listening to? Taste and Rory Gallagher. 07:34 Sat Jul 11, 2020 | WorldbyStorm

offsite link Latest Episode of the Podcast 17:58 Fri Jul 10, 2020 | irishelectionliterature

offsite link Interface: a journal for and about social movements, Volume 12, Issue 1 out now? 17:57 Fri Jul 10, 2020 | guestposter

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 >>

IMF and World Bank Ask G20 to Halt Debt Collection for Poor Countries

category international | economics and finance | press release author Wednesday March 25, 2020 18:00author by Kate Zeller - Jubilee USA Network Report this post to the editors

The International Monetary Fund asked G20 countries and other lending countries to stop collecting debt from poor countries due to the coronavirus pandemic.

Washington, DC - The International Monetary Fund asked G20 countries and other lending countries to stop collecting debt from poor countries due to the coronavirus pandemic.

"We urge lending countries to take up this call so billions of dollars can be freed up for poor countries dealing with impacts of the coronavirus," said Eric LeCompte who leads Jubilee USA. The religious development group sent a letter to the IMF on Monday urging debt payment moratoriums. "Debt payment moratoriums can get money to countries quickly."

In a statement released Wednesday from the Fund and the World Bank, the institutions encouraged wealthy countries to stop collecting debt from 76 developing countries. More than 65% of those who live in extreme poverty call these countries home.

"Confronting the global health and economic impacts of the coronavirus will only be possible if we implement a number of solutions. We need to see the IMF and World Bank also use debt payment moratoriums," said LeCompte. "The IMF will need to provide financing for both poor and more developed countries. Various creditors will need to provide debt relief for developing and developed countries. We need to improve our debt restructuring processes very quickly."

Related Link: http://www.jubileeusa.org
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