Sunak Urged to Protect Indebted Poor Nations With New Law

(Bloomberg) — U.K. Chancellor of the Exchequer Rishi Sunak could free the poorest nations to fight the coronavirus pandemic by protecting them from “unscrupulous” private creditors, the opposition Labour Party said.

With English law governing a significant share of the sovereign debt issued by developing nations, Shadow Chancellor Anneliese Dodds called for legislation to protect those countries from being sued for debt recovery by private lenders. It’s time, she said, for the government to show leadership on debt forgiveness in the way successive U.K. governments did a decade ago following the financial crisis.



a man wearing a suit and tie: U.K. Chancellor of the Exchequer Sunak Presents 'Winter Economy Plan'


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U.K. Chancellor of the Exchequer Sunak Presents ‘Winter Economy Plan’

Rishi Sunak

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Photographer: Simon Dawson/Bloomberg

“A global debt crisis would not just undermine the fight against the virus, but drive up poverty, increase political instability and hamper efforts to address climate change,” Dodds wrote in a letter to Sunak ahead of a meeting

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Sunak Urged to Use English Law to Protect Indebted Poor Nations

(Bloomberg) — U.K. Chancellor of the Exchequer Rishi Sunak could free the poorest nations to fight the coronavirus pandemic by protecting them from “unscrupulous” private creditors, the opposition Labour Party said.

With English law governing a significant share of the sovereign debt issued by developing nations, Shadow Chancellor Anneliese Dodds called for legislation to protect those countries from being sued for debt recovery by private lenders. It’s time, she said, for the government to show leadership on debt forgiveness in the way successive U.K. governments did a decade ago following the financial crisis.



a man wearing a suit and tie: U.K. Chancellor of the Exchequer Sunak Presents 'Winter Economy Plan'


© Bloomberg
U.K. Chancellor of the Exchequer Sunak Presents ‘Winter Economy Plan’

Rishi Sunak

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Photographer: Simon Dawson/Bloomberg

“A global debt crisis would not just undermine the fight against the virus, but drive up poverty, increase political instability and hamper efforts to address climate change,” Dodds wrote in a letter to Sunak ahead of a meeting

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Change-makers urged to support less privileged in society

General News of Monday, 12 October 2020

Source: GNA

2020-10-12

Rev. Francisca Duncan WilliamsRev. Francisca Duncan Williams

Rev. Francisca Duncan Williams has urged persons who have influence on the society to focus on improving the well being of the less privileged in the society.

She said this during the maiden Humanitarian Awards Ghana, which celebrates and honours individuals who have positively impacted on the society in various endeavours.

Mama Francisca who was the Guest of Honour urged change-makers to make the nation a better place for all.

She urged Ghanaians to maintain the peace the country was currently enjoying during and after the December 7 polls.

Mr. Wisdom Dordoe, Programme Director of Humanitarian Awards Ghana, in his remarks said the awards ceremony aimed at identifying, recognizing and awarding extraordinary individuals and groups who were positively impacting the lives of people, nature and society in Ghana and beyond.

“We believe that putting the spotlight

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UK government urged to classify leisure centres ‘essential’ or face mass closures

Video: Mayor: I do not accept COVID restrictions (Sky News)

Mayor: I do not accept COVID restrictions

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The government has been urged to reclassify swimming pools, gyms and leisure centres as ‘essential services’ vital to public health – or face the prospect of thousands of facilities being shut permanently if a second lockdown is introduced.



a group of people sitting at a table in a room: Photograph: Oli Scarff/AFP/Getty Images


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Photograph: Oli Scarff/AFP/Getty Images

As the Guardian revealed in June, nearly half of Britain’s public leisure centres and 20% of the country’s swimming pools risk being closed for good before Christmas – putting more than 58,000 jobs in peril – because of the coronavirus pandemic.

Related: Back us or risk losing half UK’s public leisure centres, industry warns

Even though lockdown restrictions have been eased, a third of leisure centres have still not reopened because of their parlous financial state. And amid reports that the

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