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

Loading...

Load Error

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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More Americans blame the U.S. government than foreign nations for the country’s coronavirus crisis

WASHINGTON (AP) — More Americans blame the U.S. government instead of foreign nations for the coronavirus crisis in the United States, a rebuke to the Trump administration’s contention that China or other countries are most at fault, a new poll shows.

The poll by The University of Chicago Harris School of Public Policy and The Associated Press-NORC Center for Public Affairs Research was conducted before President Donald Trump tested positive for the virus Friday and was hospitalized. Trump has downplayed the severity and impact of the pandemic in recent months.

Although many see plenty of blame to go around and there’s a wide bipartisan divide over who is responsible, 56% of Americans say the U.S. government has substantial responsibility for the situation. That compares with 47% who place that much blame on the governments of other countries and only 39% who say the same about the World Health Organization.

“It

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Poll: More blame US government than foreign nations for coronavirus crisis

More than half of Americans blame the federal government for the ongoing COVID-19 pandemic, a higher number than those who said they primarily blamed foreign governments such as China for the disease’s spread.

A poll conducted for the University of Chicago Harris School of Public Policy by The Associated Press and the NORC Center for Public Affairs Research found that 56 percent of respondents say the U.S. government carries “substantial” responsibility for the state of American COVID-19 outbreak, while just 47 percent said the same about leaders of foreign countries and 39 percent blamed the World Health Organization (WHO).

That comes after months of the Trump administration blaming both China’s government and the WHO for the scale of the U.S. outbreak, which has surpassed 7 million cases and more than 209,000 deaths. Top administration officials have claimed for months that the U.S. response was hampered by China’s supposed unwillingness to

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Government’s Indifference To The Nation’s Health!

We presume that government is at least as aware of the established health risks of smoking – for smokers and non-smokers – as any aware and enlightened human:

  • that there is already incontestable evidence from medical research of the link between Smoking and the Big Three: lung cancer, heart disease and chronic bronchitis. That the death rate for lung cancer is 1000 times higher for smokers than for non-smokers. That three out of four bronchitis deaths are caused by smoking (not air pollution, as is often believed). And that, in the age group 45-55, death rates from heart disease are 50 per cent higher for men smokers than for men non-smokers; and 100 per cent higher for women.
  • that smoking is also implicated in other illness like cancer of the mouth, throat, pharynx, larynx, pancreas and bladder; emphysema; and paralytic strokes;
  • that smoking in pregnant women is associated with premature/still-born
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Government’s Indifference To The Nation’s Well being!

Politicians have loads to say about what they consider the position of government to be. Those on the left typically want more government at the federal stage, especially extra social applications. As America continues to climb deeper in debt, the government is confronted with providing more money to assist people change into debt free. The precise agenda of the CFR is to negate Nationwide Sovereignty and to include the United States into a World Government with its members holding management, which additionally embrace the extraordinarily wealthy.

It is estimated that our 90,000 government items (together with cities, counties, etc.) employ some 20 million folks with a payroll of over $600 billion, together with some $150B for the payroll for the three million civilian employees on the federal stage alone.

Globalization created low cost labor in different nations , mainly using youngsters and in some countries the government compelled people to … Read More