Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Debt Decision Day, July 23

Debt Decision Day, July 23
CTV Newsroom

The call for the cancellation of Third World debt will be very loud this weekend. Supporters of the international Jubilee 2000 will put the heat on G8 leaders, meeting in Okinawa, Japan from July 21-23. The Group is made up of the USA, UK, Italy, France, Germany, Russia, Japan and Canada.

Sunday 23 July is Debt Decision Day, the last day that the G8 leaders meet and their last chance to announce a commitment to give those people impoverished by debt a new start. On that day thousands of churchgoers throughout Aotearoa New Zealand will join the international movement to call for an end to the unjust debt burden.

The costs to the Third World are overwhelming. In Africa debt costs the lives of 13 children every minute. In every one of the 52 countries that Jubilee 2000 has identified as needing debt cancellation, it takes away the people's access to health care and education. Debt jeopardizes the very future of these countries, struggling to survive when so many of their citizens do not have a decent livelihood.

“As we mark the new millennium, it is imperative that urgent action be taken at this summit to break the debt bondage that holds the poorest people of the world captive,” said Jill Hawkey, on behalf of Jubilee 2000 Aotearoa New Zealand.

“The leaders of these governments have the power to cancel the unpayable debt and it is about time they used that power to kill the debt instead of people,” she added. “It could be as simple as pressing the delete button on a computer, but instead the IMF and the World Bank are continually writing whole programmes. Each new debt relief package adds more obstacles without cutting any debt,” she continued.

In spite of all the announcements, in reality G8 leaders have only managed to cancel USD $10.6 billion worth of debt - one tenth of what they promised last year in Cologne. In total, poor countries are still paying wealthy countries USD $21.9 billion each year – over $60 million every day. At least three quarters of this is servicing unpayable debt - debt that can never be repaid.

“Billions of dollars change hands every day on financial markets and yet there does not seem to be the will to help the 1.3 billion people who live on less than USD $1 a day,” said Jill Hawkey.

Jubilee 2000 Aotearoa New Zealand is a programme of Christian World Service and Caritas. It is a network of individuals and groups campaigning for the cancellation of Third World debt and an end to the structural adjustment programmes of the IMF and the World Bank. Robert Reid, Debt Campaign Coordinator is attending the alternative non-governmental organisation meetings in Okinawa.

Further information from: Jill Hawkey (03) 366 9274, (03) 332 8255 or 021 267 2278 (a/h)

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Crowdsale And Crowdfunding Campaign: Help Create The Future Of Independent News

Two weeks to go! The Scoop 3.0 plan aims to create NZ’s first community-owned, distributed news and media intelligence ecosystem in 2019. We believe this ScoopPro media monetisation approach can be scaled and spread globally to support local and independent news efforts in regional New Zealand and around the world.

Scoop is an ecosystem, it would not exist without those who contribute to it, read it and rely on it for professional media purposes. Generous past support from this ecosystem has enabled us to come this far in developing our business model. Support our PledgeMe Campaign>>

 

14/11: Two Years’ Progress Since The Kaikoura Earthquake

Mayor John Leggett said it was a day for reflection, but also a time to recognise the work by many people to support progress towards recovery made across Marlborough since November 2016. More>>

ALSO:

Pike River: Mine Drift Re-Entry Plan To Proceed

“I’ve decided the Te Kāhui Whakamana Rua Tekau Mā Iwa - Pike River Recovery Agency, recommended course of action to enter the drift, using the existing access tunnel, is by far the safest option,” said Andrew Little. More>>

ALSO:

Appointments: New High Commissioner To Australia Announced

“Dame Annette King needs no introduction given her long running career as a parliamentarian where she has previously held a number senior Cabinet portfolios, including Justice, Police and Health. She also was Parliament’s longest serving female MP with 30 years’ service,” said Mr Peters. More>>

ALSO:

Two Years Since Kaikoura: Silvia Cartwright To Lead Inquiry Into EQC

“The inquiry will be the first of its kind under the Public Inquiries Act 2013 and will have all the powers of a Royal Commission, be independent of Government and make its report directly to the Governor-General. More>>

ALSO:

Gordon Campbell: On The Royal Commission Into Child Abuse

Obviously, it is good news that the coalition government has broadened the scope of its Royal Commission into the abuse of children, beyond its previous focus on children in state care. More>>

ALSO:

Cases Delayed: Court Staff Refuse To Handle Sentencing Papers

Dozens of court cases have reportedly been delayed, as court staff escalate industrial action at two Auckland courts by enforcing a ban on handling sentencing papers. More>>

ALSO:

Education: Primary Teachers Rolling Strikes

RNZ Report: More than 100,000 primary school students in Auckland will be home from school today as teachers and principals walk off the job for the second time this year. It's the start of a week of rolling one-day strikes around the country, after the collapse of contract negotiations last Thursday. More>>

ALSO:

"Process Was Sound": Inquiry Into Haumaha Appointment Released

The Inquiry’s purpose was to examine, identify, and report on the adequacy of the process that led to the appointment. It found the process was sound and no available relevant information was omitted. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels