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

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offsite link Special Episode of the Sceptic: Charles Cornish-Dale on Testosterone Decline, How the Modern World I... Fri Jul 11, 2025 07:00 | Richard Eldred
Special Episode of the Sceptic: Dr Charles Cornish-Dale on testosterone decline and the Last Men, how the modern world is making us sick and how to save the West.
The post Special Episode of the Sceptic: Charles Cornish-Dale on Testosterone Decline, How the Modern World Is Making Us Sick and How to Save the West appeared first on The Daily Sceptic.

offsite link News Round-Up Fri Jul 11, 2025 01:32 | 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 Britain ?To Lose a Pub a Day? as Labour?s Tax Raid Bites Thu Jul 10, 2025 19:30 | Will Jones
One pub will close every day this year as Labour?s tax raid makes it "impossible to make a profit", with 33% of sales revenue now going to the taxman, the British Beer and Pub Association has warned.
The post Britain “To Lose a Pub a Day” as Labour’s Tax Raid Bites appeared first on The Daily Sceptic.

offsite link The French Handed the Migrants Over ? Then Asked for Their Life Jackets Back Thu Jul 10, 2025 17:56 | Will Jones
On the day Starmer and Macron announce their 'migrant deal', Nigel Farage is in the Channel to witness the French handing 78 migrants over to the British ? though not before asking for their life jackets back.
The post The French Handed the Migrants Over ? Then Asked for Their Life Jackets Back appeared first on The Daily Sceptic.

offsite link No, 170 Londoners Didn?t ?Die of Climate Change? Last Week Thu Jul 10, 2025 15:38 | Will Jones
According to Imperial College and the London School of Hygiene and Tropical Medicine, 170 Londoners died due to climate change in last week's heatwave. But it's just more modelling make believe, says Ross Clark.
The post No, 170 Londoners Didn’t “Die of Climate Change” Last Week appeared first on The Daily Sceptic.

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Voltaire Network
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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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Argentina Requests Supreme Court Reverse Federal Court Rulings that favor Predatory Hedge Funds

category international | miscellaneous | news report author Wednesday February 19, 2014 17:02author by Arielle Retrosi Report this post to the editors

Argentina officially requested that the US Supreme Court hear an appeal in a debt case that will impact people living in extreme poverty around the world. The case dates back to Argentina's 2001 default, after which 92% of all Argentine bond holders restructured their defaulted debt. Predatory hedge fund, NML Capital leads a small group of holdouts who won judgments for payment in lower US Courts. NML Capital never invested in Argentina and bought the debt cheaply after Argentina's default. Because sovereign lending is contracted in the United States, the precedent the case sets impacts some of the poorest economies around the globe and allows these hedge funds to target assets that benefit poor people. The International Monetary Fund, the Paris Club, legitimate investors, the US and most governments oppose this predatory behavior because it cancels the benefits of debt relief, makes sovereign debt restructuring more difficult and limits credit to poor countries

"This particular legal case will have some of the most significant impacts on global poverty in our lifetimes," shared Eric LeCompte, Executive Director of Jubilee USA Network, a religious antipoverty organization. "It's encouraging that there is a global chorus that decries this harmful predatory behavior."

The religious community and antipoverty advocates continue to monitor the case because it impacts those living in extreme poverty. In late April, the US Supreme Court is hearing a separate but related case between Argentina and the same holdouts led by NML Capital. The Supreme Court will determine when and where certain Argentine assets can be targeted for payment collection. The United States government has filed in support of Argentina for the April hearing.

Jubilee USA Network is an alliance of more than 75 US organizations, 400 faith communities and 50 Jubilee global partners. Jubilee's mission is to build an economy that serves, protects and promotes participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

 #   Title   Author   Date 
   Stop playing by their rules     jabawok    Wed Feb 19, 2014 21:14 
   they have nukes     fred    Thu Feb 20, 2014 16:20 


 
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