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Interested in maladministration. Estd. 2005

offsite link RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony

offsite link Joe Duffy is dishonest and untrustworthy Anthony

offsite link Robert Watt complaint: Time for decision by SIPO Anthony

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

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Human Rights in Ireland
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Lockdown Skeptics

The Daily Sceptic

offsite link Starmer?s Palestinian Pledge Exposes the West?s Moral Collapse Thu Jul 31, 2025 15:05 | Laura Perrins
The fact that either Britain or France would recognise a Palestinian state while Hamas still holds hostages sums up the moral rot at the heart of Europe, says Laura Perrins.
The post Starmer?s Palestinian Pledge Exposes the West?s Moral Collapse appeared first on The Daily Sceptic.

offsite link ?Muhammad? Tops Baby Name Charts Again Thu Jul 31, 2025 13:00 | Richard Eldred
Muhammad is once again the most popular baby name for boys in England and Wales, in a year marked by a growing trend towards global, cross-cultural naming.
The post ?Muhammad? Tops Baby Name Charts Again appeared first on The Daily Sceptic.

offsite link White House Warns Starmer: Stop Threatening US Tech Companies? Free Speech Thu Jul 31, 2025 11:00 | Toby Young
It looks increasingly likely that the sweeping censorship powers granted to Ofcom by the Online Safety Act will be raised in US-UK trade talks, as the Trump administration becomes increasingly concerned.
The post White House Warns Starmer: Stop Threatening US Tech Companies? Free Speech appeared first on The Daily Sceptic.

offsite link Mainstream Naysayers Gather As Hopes Rise for Fourth Year of Record Coral on the Great Barrier Reef Thu Jul 31, 2025 09:00 | Chris Morrison
Despite three record years of coral growth, the mainstream media keeps pushing doom and gloom on the Great Barrier Reef ? a story that doesn't quite add up, says the Daily Sceptic's Environment Editor.
The post Mainstream Naysayers Gather As Hopes Rise for Fourth Year of Record Coral on the Great Barrier Reef appeared first on The Daily Sceptic.

offsite link Unless Migrant Crime Is Happening to Them Personally, Many Brits Simply Refuse to Believe It Even Ex... Thu Jul 31, 2025 07:00 | Steven Tucker
Britain's migrant crimewave is only invisible to those living in leafy delusion ? just ask Steven Tucker, who rips into the blind elites mistaking burning mattresses for cultural enrichment.
The post Unless Migrant Crime Is Happening to Them Personally, Many Brits Simply Refuse to Believe It Even Exists ? Especially Our Blinkered Rulers 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

Voltaire Network >>

Finance Ministers and United Nations Discuss COVID Crisis Solutions

category international | economics and finance | press release author Tuesday September 08, 2020 20:19author by Zachary Conti - Jubilee USA Network Report this post to the editors

IMF Announces Access to Global "SDRs" Reserve

The majority of developing countries face deepening crises, IMF head Kristalina Georgieva told a global meeting of Finance Ministers. Georgieva spoke during, "Financing the 2030 Agenda for Sustainable Development in the Era of COVID-19 and Beyond." The coronavirus crisis meeting was convened by the UN Secretary General and Finance Ministers of Canada and Jamaica.

"The economic and health impacts for poor people around the world are worsening," stated Jubilee USA Executive Director Eric LeCompte. LeCompte participated in the multi-month COVID-19 response process that created options for Finance Ministers to confront the crisis. "Unless we move forward additional aid and relief, too many countries could wrestle with lost decades of development."

Mahmoud Mohieldin, the UN Secretary General's Special Envoy on Financing the 2030 Agenda, explained during the meeting that while some advanced economies spend the equivalent of 10% of their economic output on pandemic response programs, poor countries cannot even reach 1% of spending.

Georgieva announced the deployment of global reserve funds or Special Drawing Rights. Roughly, $176 billion of these monies are currently held by wealthy countries and could be donated to poor countries.

“We welcome the IMF announcement to disburse billions of dollars of Special Drawing Rights to confront this crisis. As we count the impacts of this crisis in the trillions, G20 Finance Ministers should agree to issue trillions more in global reserve funds," said LeCompte.

The World Bank and several Finance Ministers joined the IMF in a call to extend a 2020 coronavirus debt relief initiative into 2021 to support the 73 poorest countries. World leaders also argued that private banks and creditors should stop collecting poor country debts.

"The bare minimum that world leaders must do now is extend debt payment suspensions for poor countries into next year," noted LeCompte. "Further actions are also critical to protect vulnerable communities and to help all of us emerge with resilience from this crisis. The private sector must be compelled to offer debt relief, more developing countries need aid and some countries need to see their debts permanently reduced."

Several high-level participants urged the need to address revenue losses of countries because of tax evasion, corruption and other illicit financial flows.

Heads of State meet during the UN General Assembly on September 29th to consider the crisis proposals discussed at the Finance Ministers meeting. In October and November, the G20, IMF and World Bank hold additional decision-making meetings.

Related Link: https://www.jubileeusa.org/finance_ministers_and_united_nations_discuss_covid_crisis_solutions
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