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offsite link North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

offsite link Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?

offsite link Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?

offsite link ?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?

offsite link US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty

Anti-Empire >>

Lockdown Skeptics

The Daily Sceptic

offsite link News Round-Up Wed Sep 17, 2025 01:15 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link German State Media Have Systematically Slandered Charlie Kirk in the Wake of his Assassination Tue Sep 16, 2025 19:00 | Eugyppius
German state media have systematically slandered Charlie Kirk in the wake of his assassination, says Eugyppius. They portray him as an unhinged and dangerous fascist, just stopping short of blaming him for his own death.
The post German State Media Have Systematically Slandered Charlie Kirk in the Wake of his Assassination appeared first on The Daily Sceptic.

offsite link White House Announces Crackdown on ?Terrorist? Left Tue Sep 16, 2025 17:47 | Will Jones
The White House is cracking down on Left-wing "terrorist" organisations following?the killing of Charlie Kirk, with President Trump saying he will considered designating Antifa as a terror group.
The post White House Announces Crackdown on “Terrorist” Left appeared first on The Daily Sceptic.

offsite link We?re in a Post-Woke World Now Tue Sep 16, 2025 15:48 | Dr David McGrogan
Charlie Kirk's murder marks the shift to a post-woke world, says Dr David McGrogan. At least the woke wanted to return to Year Zero and build a 'better world'. The online, Bluesky Left of 2025 just hate conservatives.
The post We’re in a Post-Woke World Now appeared first on The Daily Sceptic.

offsite link ?One In, One Out? Migrant Flights Cancelled for Second Day Tue Sep 16, 2025 14:15 | Will Jones
Deportation flights under Sir Keir Starmer's 'one in, one out deal' have been cancelled for a?second day?after legal challenges and protests, as the policy, already criticised as hopelessly weak, descends into farce.
The post ‘One In, One Out’ Migrant Flights Cancelled for Second Day appeared first on The Daily Sceptic.

Lockdown Skeptics >>

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 >>

Amidst Covid-19 Spread, IMF and World Bank Signal Debt Relief for Poor Countries

category international | economics and finance | press release author Tuesday March 24, 2020 15:03author by Kate Zeller - Jubilee USA Network Report this post to the editors

Developing Countries Demand Debt Payments Stop

On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuador's Congress also demanded its government stop paying debt.

Washington, DC - On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuador's Congress also demanded its government stop paying debt.

"Countries need to prioritize fighting Covid-19 and billions can be freed up right away by halting debt payments," stated Eric LeCompte who leads the development group Jubilee USA and serves on United Nations debt expert groups. "Both among lenders and borrowers, we see growing calls to stop paying debt to save lives during the pandemic."

At G20 Finance Minister and Central Bank meetings on Monday, World Bank President David Malpass encouraged world leaders to allow very poor countries to stop paying debt. At the same meeting, the IMF's leader, Kristalina Georgieva noted the replenishing of funds in an IMF debt relief and aid mechanism that was used during the 2014 Ebola epidemic that struck 3 African countries.

"The IMF and World Bank calls for debt relief are critical in order to immediately strengthen health systems in the developing world," stated LeCompte. "In order to support all countries who need help and stop a global financial crisis we will need to broaden debt relief efforts, raise aid monies and move forward agreements that can stabilize the economy."

The leaders of LeCompte's organization, Jubilee USA, sent a letter to the head of the International Monetary Fund on Monday to take action to stop negative economic impacts of the Covid-19 virus.

The letter urges expanded debt relief and aid to bolster health-care for developing countries impacted by the coronavirus. Additional letter recommendations include debt payment moratoriums, improved debt restructuring, encouraging public budget approval processes for countries and raising revenue by curbing corruption, tax evasion and tax avoidance.

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