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A bird's eye view of the vineyard

Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz
Alternative site: https://thesaker.si/saker-a... Site was created using the downloads provided Regards Herb

The Saker blog is now frozen Tue Feb 28, 2023 23:55 | The Saker
Dear friends As I have previously announced, we are now “freezing” the blog.? We are also making archives of the blog available for free download in various formats (see below).?

What do you make of the Russia and China Partnership? Tue Feb 28, 2023 16:26 | The Saker
by Mr. Allen for the Saker blog Over the last few years, we hear leaders from both Russia and China pronouncing that they have formed a relationship where there are

Moveable Feast Cafe 2023/02/27 ? Open Thread Mon Feb 27, 2023 19:00 | cafe-uploader
2023/02/27 19:00:02Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

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Interested in maladministration. Estd. 2005

RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony

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Of Course Net Zero Requires Telling People ?How to Live Their Lives? Wed Nov 27, 2024 07:00 | Ben Pile
Of course Net Zero requires telling people "how to live their lives", says Ben Pile. Keir Starmer's claim to the contrary is not to be credited. Changing how people live has always been at the heart of the green agenda.
The post Of Course Net Zero Requires Telling People “How to Live Their Lives” appeared first on The Daily Sceptic.

News Round-Up Wed Nov 27, 2024 01:11 | 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.

British Beer Under Threat From Inheritance Tax Raid, Hop Farmers Warn Tue Nov 26, 2024 19:01 | Will Jones
British beer is under threat because of the Government?s "tractor tax" that could sound "the death knell" for hop farmers, Keir Starmer has been warned.
The post British Beer Under Threat From Inheritance Tax Raid, Hop Farmers Warn appeared first on The Daily Sceptic.

Former Met Chief Calls for Review of Non-Crime Hate Incidents Tue Nov 26, 2024 17:30 | Will Jones
A former Metropolitan Police Commissioner has urged Ministers to review the use of non-crime hate incidents in the wake of?the investigation into journalist Allison Pearson.
The post Former Met Chief Calls for Review of Non-Crime Hate Incidents appeared first on The Daily Sceptic.

Britain Set to Water Down Electric Vehicle Rules Tue Nov 26, 2024 15:34 | Will Jones
The Government is set to water down rules mandating the switch to electric vehicles after a backlash from carmakers amid weak sales and job cuts.
The post Britain Set to Water Down Electric Vehicle Rules appeared first on The Daily Sceptic.

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World Bank Says Bold Debt Relief Plans Needed to Confront COVID Crisis

international | economics and finance | press release

Wednesday August 19, 2020 14:53

by Zachary Conti, zach@jubileeusa.org - Jubilee USA

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World Bank President David Malpass called for debt cancellation for poor countries struggling with the coronavirus, in an interview he gave to The Guardian.

"The coronavirus crisis is both a health and economic crisis and many developing countries can't address the critical needs of their people while paying debts," noted Eric LeCompte the Executive Director of the religious development group, Jubilee USA and a United Nations debt expert. "Many countries are experiencing both dramatic losses in revenue and rising costs to address the impacts of this crisis."

Malpass asserted that new World Bank data would illustrate that 100 million people were pushed into poverty by the crisis. He explained the crisis was worse than the crisis of 2008 and that more bold policies were needed from the G7 and G20. The G20 offered debt payment suspension policies for the 73 poorest countries in April that could save poor countries $12 billion in 2020.

"The only way for many developing countries to get on the otherside of this crisis is to cancel debts," stated LeCompte who monitors World Bank policies. "The private sector needs to participate in debt relief plans and shouldn't expect taxpayers of developed countries to bail them out."

Malpass shared concerns of private sector actors and China's development bank refusing to participate in current debt relief plans. He argued that these groups could get a "free ride" and take the debt relief and aid being offered by the United States and other advanced economies.

Jubilee USA Network is an alliance of more than 75 US organizations and 750 faith communities working with 50 Jubilee global partners. Jubilee USA builds an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA wins critical global financial reforms and won more than $130 billion in debt relief to benefit the world's poorest people.

www.jubileeusa.org

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