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offsite link CDC Says You No Longer Have to Wear a Li... Sun May 16, 2021 08:24 | The Babylon Bee

offsite link Anthony Fauci “Has No Clue and No Auth... Sat May 15, 2021 16:36 | Colin Todhunter

offsite link “Never Lost a Battle” in Vietnam? No... Sat May 15, 2021 13:36 | Carlton Meyer

offsite link Shenzhen Is Building One Cool Tower Sat May 15, 2021 12:36 | Global Construction Review

offsite link Zelensky Targets the Russian-Speaking Op... Sat May 15, 2021 11:36 | Paul Robinson

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Human Rights in Ireland
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offsite link Poor Living Conditions for Migrants in Southern Italy Mon Jan 18, 2021 10:14 | Human Rights

offsite link Right to Water Mon Aug 03, 2020 19:13 | 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

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Lockdown Skeptics

Lockdown Sceptics

Stay Sceptical. Control the Hysteria. Save Lives.

offsite link There Is a ?High Degree of Confidence? That Vaccines Work Against Indian Variant, Says Matt Hancock Sun May 16, 2021 11:32 | Michael Curzon
Health Secretary Matt Hancock says there is a "high degree of confidence" that vaccines work against the Indian Covid variant, but that it can "spread like wildfire" among those who are unvaccinated.
The post There Is a “High Degree of Confidence” That Vaccines Work Against Indian Variant, Says Matt Hancock appeared first on Lockdown Sceptics.

offsite link News Round Up Sun May 16, 2021 02:26 | Jonathan Barr
A summary of all the most interesting stories that have appeared about the virus in the past 24 hours ? not just in Britain, but around the world.
The post News Round Up appeared first on Lockdown Sceptics.

offsite link When Will the Evidence From Florida and Texas Break Through the SAGE Groupthink? Sun May 16, 2021 00:50 | Will Jones
A central assumption of SAGE's latest model of doom is that the lockdowns are holding back the flood. When will the evidence from free states like Florida, Texas and South Dakota break through the groupthink?
The post When Will the Evidence From Florida and Texas Break Through the SAGE Groupthink? appeared first on Lockdown Sceptics.

offsite link U.K.?s Biggest Crowd in More Than a Year Celebrates Football?s Return Sun May 16, 2021 00:26 | Michael Curzon
The U.K.'s biggest crowd in more than a year celebrated the return of football on Saturday evening for the final of the FA Cup ? but Wembley Stadium was still at less than a quarter of capacity.
The post U.K.’s Biggest Crowd in More Than a Year Celebrates Football’s Return appeared first on Lockdown Sceptics.

offsite link With Its Latest Model of Doom, Predicting 10,000 Hospital Admissions a Day in Mid-July, SAGE?s Conne... Sat May 15, 2021 23:28 | Toby Young
SAGE's claim that the Indian variant could mean 10,000 hospital admissions a day in mid-July assumes that between 30% and 60% of the U.K. population could become infected with the new variant in a single week. Yeah, right.
The post With Its Latest Model of Doom, Predicting 10,000 Hospital Admissions a Day in Mid-July, SAGE?s Connection to Reality Has Finally Snapped appeared first on Lockdown Sceptics.

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Voltaire Network

IMF: Indebted Countries Suffer if US Interest Rates Rise

category international | economics and finance | press release author Tuesday April 06, 2021 17:49author by Zachary Conti - Jubilee USA Report this post to the editors

The IMF warns that rising US interest rates could impact the ability of developing countries to pay debt, leading to prolonged economic crisis. The warning comes ahead of IMF, G20 and World Bank meetings, with the Fund's release of the Global Financial Stability Report.

The IMF warns that rising US interest rates could impact the ability of developing countries to pay debt, leading to prolonged economic crisis. The warning comes ahead of IMF, G20 and World Bank meetings, with the Fund's release of the Global Financial Stability Report.

“Except for Zambia, all countries that defaulted over the last year were middle-income countries,” said Eric LeCompte, the Executive Director of the religious development organization Jubilee USA Network. “Unfortunately, developing middle-income countries are not included in IMF and G20 debt relief solutions."

The report warns that recovery from the pandemic will be unequal between rich and poor countries and that more needs to be done to strengthen long-term stability around the globe. This morning the IMF released the World Economic Outlook Report estimating that 95 million more people fell into extreme poverty over the last year, living on less than $1.90 a day.

"Wealthy countries invested in big stimulus packages and can rebound more quickly," said LeCompte. "Billions of people in developing countries are left behind and their lives will be even worse after the pandemic."

Read the IMF's Global Financial Stability report here: https://www.imf.org/en/Publications/GFSR/Issues/2021/04/06/global-financial-stability-report-april-2021#FullReport

Read Jubilee USA's release on the IMF's World Economic Outlook report here: https://www.jubileeusa.org/pr_imf_weo_spring_2021

Read about the IMF extending a process to cancel debt payments for the world's 28 poorest countries here: https://www.jubileeusa.org/pr_imf_ccrt_fall_2021

Read about the IMF announcing support for $650 billion in emergency reserves here: https://www.jubileeusa.org/pr_imf_650_bn_sdr

Related Link: https://www.jubileeusa.org/pr_imf_gfsr_apr_2021
author by Zachary Conti - Jubilee USApublication date Wed Apr 07, 2021 16:01author address author phone Report this post to the editors

Ahead of Spring IMF and World Bank Meetings, World's Largest Unions, Human Rights Groups, Environmental and Religious Institutions Call for Aid, Debt Relief, Access to Emergency Reserves and Climate Protections
As G20, IMF and World Bank Spring Meetings convene virtually on global COVID response, 260 groups call for developing country aid and policies to prevent future crises and protect the environment.
Organized by Jubilee USA Network, 260 religious groups, anti-poverty organizations, labor unions, environmental and human rights institutions signed a letter on coronavirus crisis response to the White House, G20 and IMF.

“World leaders worked hard over the last year to tackle the health and economic crises spurred by the COVID pandemic," said Eric LeCompte, a UN finance expert who heads the religious development group Jubilee USA Network. Jubilee USA spearheaded the letter effort. “We must do more. Unless we take immediate action to solidify more aid and relief, we face lost decades of development and millions more will suffer.”

The G20 agreed to suspend debt payments for 73 developing countries through next June and created a process for the same countries to reduce debt. The IMF announced it would cancel debt payments for 28 of the world's poorest countries into October.

In recent weeks, the G7 supported an allocation of emergency reserve funds or Special Drawing Rights (SDRs). Treasury notified Congress of support for the aid and the G20 is expected to announce support for SDRs this week.

“If the IMF and G20 move forward emergency reserves, it means right away developing countries can access more than $200 billion to fight the health and economic impacts of the coronavirus," stated LeCompte. "We will likely see another additional process where hundreds of billions of more dollars in Special Drawing Rights could be transferred from wealthy countries to developing countries for further support."

Major religious institutions lead the Jubilee USA letter to the IMF, White House and G20. The signers include: The Union for Reform Judaism, All Africa Conference of Churches, National Council of Churches and the Episcopal, Evangelical Lutheran, Presbyterian, Methodist and United Church of Christ Churches. The Unitarian Universalist Association and the largest representations of Quaker communities and Buddhist consortiums are on the letter. The US Conference of Catholic Bishops sent a separate, companion joint letter with Jubilee USA Network and Pope Francis called again for a debt relief process in his Encyclical Fratelli Tutti.

Counting their membership in the millions, labor bodies including the International Trade Union Confederation, United Steelworkers (USW), American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) and American Federation of State, County and Municipal Employees (AFSCME) joined faith groups on letter. Other signers include human rights organizations like Amnesty International and Pax Christi and also environmental advocates ranging from Amazon Watch to Friends of the Earth. Development groups were represented and included Islamic Relief, American Jewish World Service, American Friends Service Committee, Bread for the World, Action Aid, Oxfam, RESULTS and Health Gap.

On March 16th, Jubilee USA organized a roundtable with Treasury Secretary Janet Yellen and the highest-ranking leaders to specifically go over the calls in the Jubilee letter. A separate letter with 240 groups supporting SDRs was sent to the G20. The additional G20 SDR letter was coordinated by Jubilee USA and LATINDADD.

Read Jubilee USA's COVID-19 White House, IMF, G20 Letter here.

Read the joint US Conference of Catholic Bishops/Jubilee USA Network Letter to President Biden here.

Read about Jubilee USA's High-Level Roundtable with Secretary Yellen here.

Read Jubilee USA's release on the IMF's Global Financial Stability report here.

Read Jubilee USA's release on the IMF's World Economic Outlook report here.

Read about the IMF extending a process to cancel debt payments for the world's 28 poorest countries here.

Read about the IMF announcing support for $650 billion in emergency reserves here.

Read the letter from 240 groups to the IMF and G20 here.

Related Link: https://www.jubileeusa.org/pr_covid_jubilee_wh_imf_g20_letter_april_2021
 
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