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The Saker
A bird's eye view of the vineyard

offsite link Vale Jon Hellevig Fri Jun 05, 2020 00:13 | The Saker
by Ghassan Kadi for The Saker Blog When our friend The Saker asked if either Intibah or I would like to write a necrologue for Jon Hellevig, we both felt

offsite link The systemic collapse of the US society has begun Thu Jun 04, 2020 22:40 | The Saker
[this article was written for the Unz Review] I have lived in the United States for a total of 24 years and I have witnessed many crises over this long

offsite link Solari Report quarterly interview with The Saker Thu Jun 04, 2020 19:28 | The Saker
Dear friends, Here is the latest installment of my quarterly conversations with Catherine Austin Fitts. This one was recorded on May 12, 2020. You can listen to the interview on

offsite link US Protests: Why the uneasy silence? Thu Jun 04, 2020 19:19 | The Saker
by Ken Leslie for The Saker Blog Note: I appreciate that some will find the essay controversial or even uncomfortable reading. I hope though that it can destroy the paralysing

offsite link Gosplan: The God that failed Thu Jun 04, 2020 19:12 | amarynth
By Francis Lee for the Saker Blog Between 1989 and 1992 Soviet GDP per head fell by approximately 40 per cent. What happened? The short century of the Soviet Union

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 Right to Change party established? 14:32 Thu Jun 04, 2020 | WorldbyStorm

offsite link After the office?same old same old 13:27 Thu Jun 04, 2020 | WorldbyStorm

offsite link Socialist Voice: June edition 10:20 Thu Jun 04, 2020 | guestposter

offsite link From Independent Left ? Black Lives Matter: a view from the streets for Irish socialists 09:39 Thu Jun 04, 2020 | guestposter

offsite link Loyalty 08:12 Thu Jun 04, 2020 | WorldbyStorm

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 >>

President Trump Authorizes Somalia Debt Relief

category international | miscellaneous | press release author Saturday December 21, 2019 15:12author by Kate Zeller - Jubilee USA Network Report this post to the editors

President Trump signed a year-end spending bill which authorizes the first phase of debt relief for Somalia.

Washington DC - President Trump signed a year-end spending bill which authorizes the first phase of debt relief for Somalia. Earlier in the week Congress passed the spending package which included $35 million to begin paying the principle of $1.1 billion in US held Somalia debt.

"Relieving Somalia's debt could mean building new roads, women's empowerment, kids going back to school and moving forward measures to end extreme poverty," stated Eric LeCompte, the Executive Director of the religious development group Jubilee USA. Jubilee USA worked on debt relief for Somalia for the last two years.

On Wednesday, the International Monetary Fund announced it is organizing the cancellation of its share of Somalia debt which stands at around $140 million.

"We are seeing good progress from the United States Government and the IMF on Somalia debt relief," noted LeCompte who serves on United Nations debt expert groups. "Almost three-quarters of the Somalia population lives in extreme poverty and debt relief is desperately needed."

Somalia owes about $4.6 billion in debt. The United States is the largest creditor holding $1.1 billion in Somalia debt. The majority of the remainder of the debt is held by the International Monetary Fund, World Bank, France and Italy.

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