tyb
>>61974
said the newfag who din't read nuffin
U.S. Treasury's Yellen says Congress needs to fund debt relief programs
U.S. Treasury Secretary Janet Yellen told lawmakers on Thursday that debt relief for poor and developing countries would be hampered without new funding, while $2.7 billion in current unmet U.S. commitments to the World Bank, International Monetary Fund and other institutions would grow. Yellen, in prepared remarks to a U.S. House of Representatives Appropriations subcommittee, said that the G20 Debt Service Suspension Initiative for poor countries and a new debt restructuring ‘Common Framework’ both need funding from Congress. “Without new funding, the United States could be forced to delay the multilateral debt process under the Common Framework and charge much higher interest rates on DSSI debt service suspensions,” Yellen said.
Yellen said the Treasury’s budget request for fiscal 2022 includes funding for these initiatives as well as U.S. contribution commitments to international financial institutions, such as the World Bank’s International Development Association fund for the poorest countries. She said the budget plan also includes funding for the IMF’s Poverty Reduction and Growth Trust, a fund that aids poor countries. It also would allow the United States to lend IMF Special Drawing Rights through the trust to poorer countries that need them. The IMF is working on a $650 billion distribution of the SDR currency assets to all of its members later this year. “This would be America’s first direct contribution to the Trust, and it will also help establish a trust fund that would support the recovery of low- and middle-income countries, as well as broader economic reforms that would improve the lives of their people.
She also said Treasury’s budget request includes roughly $1 billion to help developing countries adapt to climate change, including expanding clean energy and conserving rainforests, which absorb carbon emissions.
https://www.reuters.com/article/usa-treasury-yellen/update-1-u-s-treasurys-yellen-says-congress-needs-to-fund-debt-relief-programs-idUSL2N2NS2KS
>>61986
breh.....
take the fee-fee's somewhere else with the red text
you gloin' hard
JASDF JF001 777 PM Suga inbound to Cornwall Newquay Int'l Airport from Tokyo Haneda Int'l depart earlier today
Suga heads to G7 in Britain with China, COVID-19 and climate in mind
Prime Minister Yoshihide Suga departed Japan on Thursday to attend a summit of the Group of Seven industrialized nations in Britain, with discussions set to focus on tackling global challenges such as economic recovery from the coronavirus pandemic, climate change and China’s growing economic and military influence. “I look forward to holding frank discussions with leaders of the G7, which shares universal values,” Suga told reporters at his office before heading to Haneda airport in Tokyo, adding he will seek support for staging a “safe and secure” Summer Olympics in the capital next month.
The first in-person summit among the countries in nearly two years is being held June 11 to 13 in the seaside resort of Carbis Bay, Cornwall. Suga is expected to hold bilateral talks with other leaders including U.S. President Joe Biden on the sidelines. Both Suga, who took office last September, and Biden as well as Italian Prime Minister Mario Draghi will physically attend for the first time. China will be a key topic of the summit amid concerns over its assertiveness in the East and South China seas, where it has territorial claims, and its treatment of the Muslim Uyghur minority in the Xinjiang region. The G7 leaders plan to unveil a new initiative to provide financing for infrastructure in the developing world as an alternative to China’s “Belt and Road” project, while the post-meeting joint statement will be closely watched for references to Taiwan as the democratically self-governed island faces mounting military pressure from Beijing.
Russia, which in 2014 was ousted from what was then called the G8 following its annexation of Crimea, and Belarus’ forced landing of a commercial flight and subsequent arrest of a dissident journalist, as well as North Korea are also on the agenda. British Prime Minister Boris Johnson, who is chairing the summit, is set to call on the G7 — Britain, Canada, France, Germany, Italy, Japan and the United States plus the European Union — to commit to helping vaccinate the world by the end of 2022. The G7 leaders vowed at a virtual meeting in February to “make 2021 a turning point for multilateralism and to shape a recovery that promotes the health and prosperity of our people and planet,” a clear departure from former U.S. President Donald Trump’s “America First” agenda. In a joint statement, they agreed to ramp up production of COVID-19 vaccines and ensure their fair distribution to developing countries as well as continue efforts to cut greenhouse gas emissions in accordance with the Paris Agreement on climate change.
In addition to Biden, Suga may hold bilateral talks with Johnson as well as German Chancellor Angela Merkel and French President Emmanuel Macron as the European nations are stepping up their involvement in the Indo-Pacific, including by sending warships through the region. The leaders of Australia, India, South Africa and South Korea have also been invited to the summit, though Indian Prime Minister Narendra Modi has said he will not physically attend as he focuses on bringing a deadly surge in COVID-19 in his country under control. 'I look forward to holding frank discussions with leaders of the G7, which shares universal values,' Prime Minister Yoshihide Suga told reporters at his office before heading to the airport to fly to the group's leaders' summit on Thursday.
https://www.japantimes.co.jp/news/2021/06/10/national/politics-diplomacy/suga-britain-g7-summit/
SAM579 USAF C-32A west from JBA
This was the AC (as SAM472) that caused the return to JBA on Sunday and delayed Kneepads trip to Guatemala City
Was out yesterday as VENUS92
SAM502 USAF 502 sw from Bragg overnight back to MacDill AFB
SAM619 USAF G5 departed around some weather and heading ne nao