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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

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Human Rights in Ireland
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Lockdown Skeptics

The Daily Sceptic

offsite link The Brave Doctors Who Stood Up for the Truth About the Covid Vaccines Deserve an Apology Fri Jun 06, 2025 15:14 | Dr Andrew Bamji
Brave doctors like Aseem Malhotra who stood up for the truth About the Covid vaccines and were smeared by colleagues, sacked and cancelled for their trouble deserve an apology, says Dr Andrew Bamji.
The post The Brave Doctors Who Stood Up for the Truth About the Covid Vaccines Deserve an Apology appeared first on The Daily Sceptic.

offsite link Miliband: Vast Majority of New Homes Must Have Solar Panels Fri Jun 06, 2025 13:08 | Will Jones
Developers will be forced to install solar panels on the "vast majority"?of new homes, Energy Secretary Ed Miliband has said, saying it is "just common sense".
The post Miliband: Vast Majority of New Homes Must Have Solar Panels appeared first on The Daily Sceptic.

offsite link Global Greening From Higher CO2 Hits ?Striking? New Heights ? but the Mainstream Media Won?t Tell Yo... Fri Jun 06, 2025 11:13 | Chris Morrison
Global greening from higher CO2 levels has hit "striking" new heights, the latest research has confirmed. But the Net Zero obsessed mainstream media don't want to tell you about it, says Chris Morrison.
The post Global Greening From Higher CO2 Hits “Striking” New Heights ? but the Mainstream Media Won’t Tell You About It appeared first on The Daily Sceptic.

offsite link Ed Miliband?s Boiler Ban U-Turn Fri Jun 06, 2025 09:00 | Ben Pile
It's reported that Ed Miliband is set to roll back the looming boiler ban as heat pump installations miss their target by nearly 90%. Little wonder, says Ben Pile, when payback time is measured in centuries, if at all.
The post Ed Miliband’s Boiler Ban U-Turn appeared first on The Daily Sceptic.

offsite link Episode 39 of the Sceptic: Michael Reiners on Multiculturalism vs Free Speech, Charlotte Gill on Com... Fri Jun 06, 2025 07:00 | Richard Eldred
In Episode 39 of the Sceptic: Michael Reiners on multiculturalism vs free speech, Charlotte Gill on Commie Academy and more and Tim Samuels on 'White Men Can't Work'.
The post Episode 39 of the Sceptic: Michael Reiners on Multiculturalism vs Free Speech, Charlotte Gill on Commie Academy and Tim Samuels on ?White Men Can?t Work? 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

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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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