Discover and read the best of Twitter Threads about #debtRelief

Most recents (3)

1/13.📜NEW BLOG: A new blog by members of @LossandDamage explains where the phrase “mosaic of solutions” comes from and how it captures the need to mobilise action and support on all fronts (both inside & outside the @UNFCCC) to address #LossAndDamage.

🔗lossanddamagecollaboration.org/pages/unpackin… Image
2/13. The phrase “mosaic of solutions” was first used by the #Maldives —one of the nations most vulnerable to the impacts of the #ClimateCrisis— in September to capture the need to mobilise action and support on all fronts to address #LossAndDamage that is happening now.
3/13. However, in the #LossAndDamage Finance negotiations at #COP27 the term has been used by developed countries to stress the need to focus on solutions outside the @UNFCCC such as the #GlobalShield Against Climate Risk.
Read 13 tweets
The global discussion around debt relief for low-income and fragile countries during #COVID19 is gathering momentum. There are various dimensions to the current debt situation, especially for #Africa. Here’s a short thread for those interested to follow the discussions 1/n
The World Bank and IMF recently issued a joint call to the G20 for temporary suspension of debt service payments by IDA countries (low-income and fragile countries) to help provide liquidity in these countries to tackle #COVID19 2/n imf.org/en/News/Articl…
A group of high-profile Africans (incl. Okonjo-Iweala, Thiam, Songwe) are calling for debt relief for African countries. Specifically, they are calling for a "two-year standstill on all external debt repayments, both interest & principal." 3/n

brookings.edu/opinions/afric…
Read 28 tweets
Earlier this week my campaign announced that we have qualified for the ballot in Virginia’s first congressional district. While we congratulate our campaign staff and volunteers for their commitment and dedication, we know that this journey has just begun.
These are dangerous times. Americans face an unprecedented public health threat that has shuttered our homes and schools and businesses. We pray for those infected and mourn for those already lost. Long before #COVID19 came to our shores America faced another invisible threat.
It is what I call the Great American Debt.

This guarantees that our children, and indeed their children, have lost any hope of economic mobility. Their chances of building lasting wealth in their lifetimes has been hijacked by a broken political system.
Read 11 tweets

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