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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
Promoting Human Rights in Ireland

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Lockdown Skeptics

The Daily Sceptic

offsite link ?Not Clear if Heat Pumps Will Save Money,? Government Adviser Admits Fri Jul 11, 2025 17:00 | Will Jones
Heat pumps?are not guaranteed to save households money in the long-term, the Government's Chief Scientific Adviser Professor Dame Angela McLean has conceded.
The post “Not Clear if Heat Pumps Will Save Money,” Government Adviser Admits appeared first on The Daily Sceptic.

offsite link How Britain Sold Itself to the World as Paradise Fri Jul 11, 2025 15:14 | Anonymous former BBC staff member
The government and the BBC have cooperated for decades in an epic advertising campaign to sell Britain to the world as the best possible place to be. No wonder they all want to come here, writes a former BBC staff member.
The post How Britain Sold Itself to the World as Paradise appeared first on The Daily Sceptic.

offsite link Unite Suspends Angela Rayner and Threatens to Abandon Labour Fri Jul 11, 2025 13:03 | Will Jones
Deputy Prime Minister Angela Rayner has been suspended by Unite the union over?the Birmingham bin strike, with the union, one of Labour's biggest backers, also announcing it will review its relationship?with the party.
The post Unite Suspends Angela Rayner and Threatens to Abandon Labour appeared first on The Daily Sceptic.

offsite link Why I Changed My Mind About Abortion Fri Jul 11, 2025 11:00 | Oscar Evans
Growing up in 90s Britain, Oscar Evans unthinkingly accepted what he was taught: that abortion is a neutral medical procedure. His views have now changed ? and he's horrified by what Labour has done.
The post Why I Changed My Mind About Abortion appeared first on The Daily Sceptic.

offsite link UN Human Rights Council Demands Criminalisation of Climate Scepticism Worldwide Fri Jul 11, 2025 09:00 | Ben Pile
The UN Human Rights Council has published a report demanding the criminalisation of climate scepticism worldwide. Ben Pile skewers the absurdity of the 'human rights' authoritarians.
The post UN Human Rights Council Demands Criminalisation of Climate Scepticism Worldwide 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 >>

New York Assembly and Senate Champions Vow to Pass Global Debt Relief Bill

category international | economics and finance | press release author Tuesday May 02, 2023 20:52author by Anjoulie Woodhead Report this post to the editors

Largest New York Labor and Religious Groups Support the New York Taxpayer and International Debt Crises Protection Act



Largest New York Labor and Religious Groups Support the New York Taxpayer and International Debt Crises Protection Act

Speaking at a press conference from the famed "million dollar staircase" in New York's State Capitol, State Senator Brad Hoylman-Sigal and Assemblymember Patricia Fahy vowed to pass debt relief legislation, the New York Taxpayer and International Debt Crises Protection Act (A.2970, S.4747).

“The global COVID-19 pandemic and climate disaster have all laid bare just how interconnected the global economy has become today,” said Fahy. “New York is the world’s global financial hub — positioning us well to enact basic changes that will ensure debt relief for developing nations through investments in sustainable growth, infrastructure and more.”

Fahy, the lead Assembly sponsor of the bill, asserted that the initiative will benefit taxpayers and consumers in New York and the US as well as protect the state’s status as the world’s leading financial center. Constituents from across the State of New York descended on Albany on May 2nd to meet with lawmakers to urge passage of the Fahy and Hoylman-Sigal legislation.

“Our bill will help countries struggling to recover from challenges like climate change and COVID. At the same time, the bill will protect New York taxpayers and reduce the harmful impact of inflation,” said Hoylman-Sigal, the lead sponsor in the Senate of the New York Taxpayer and International Debt Crises Protection Act.

Developing countries owe more than 60 percent of their debt to private firms. Since 52% of the world's private sector debt is governed by New York law, the New York Taxpayer and International Debt Crises Protection Act (A.2970, S.4747) ensures the private sector participates in relief agreements supported by the US Government.

“Most of the world's countries continue to struggle with the pandemic and food crises,” noted Eric LeCompte, Executive Director of the religious development group Jubilee USA Network. “When developing countries, our trading partners, are in crises we face higher prices for eggs, flour, fuel and coffee."

A large coalition of religious, development, labor and environmental organizations promotes the legislation. Supporters include major unions such as New York AFL-CIO, New York AFSCME and the New York State Public Employees Federation; churches such as the New York State Catholic Conference, the New York State Council of Churches, the United Church of Christ, the Methodist Church and the Presbyterian Church; development organizations such as Oxfam America; Bread for the World and the ONE Campaign; Puerto Rico's Speaker of the House and religious leaders on the island; and environmental groups such as Catholic Climate Covenant and the Rivers & Mountains GreenFaith Circle.

"Major religious groups and unions support the legislation because it provides aid to people struggling with crises, protects our pensions and can help address inflation," noted LeCompte who serves on United Nations debt expert groups.

Last week, the United Nations Independent Expert on Foreign Debt and Human Rights, Attiya Waris, issued a letter to the New York legislature highlighting how the legislation will advance human rights.

Read the New York Taxpayer and International Debt Crises Protection Act bill and bill memo here.

Read the talking points for the New York Taxpayer and International Debt Crises Protection Act here.

Read The New York AFL-CIO, the New York State Catholic Conference, the New York Council of Churches, New York AFSCME, Oxfam America, Bread for the World, Puerto Rico and other Memos/Letters of Support for the New York Taxpayer and International Debt Crises Protection Act here.

Read the In-depth Frequently Asked Questions on the legislation here.

Read the media coverage on the legislation here.

Find Jubilee USA's press releases on the bill here.

Find all of the the New York Taxpayer and International Debt Crises Protection Act resources here.

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