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Western powers meet to pledge urgent support for Moldova as winter nears

Euractiv.com - Mon, 11/21/2022 - 08:16
Some 45 countries and institutions meet in Paris on Monday (21 November) to pledge millions of euros of aid for Moldova, as fears mount that it could be further destabilised by the conflict in Ukraine.
Categories: European Union

Österreich erwägt Austritt aus Energiecharta-Vertrag

Euractiv.de - Mon, 11/21/2022 - 08:08
Die österreichische Bundesregierung erwägt den Austritt aus dem Energiecharta-Vertrag (ECT) - einem umstrittenen Abkommen zum Schutz von Energieinvestitionen - nachdem eine von der Europäischen Kommission angestoßene Reform am Freitag (18. November) gescheitert war.
Categories: Europäische Union

Kazakh president reelected amid hopes for reforms

Euractiv.com - Mon, 11/21/2022 - 08:02
Kazakh president Kassym-Jomart Tokayev was reelected on Sunday (20 November), building on hopes and promises of democratic reforms, in a country that had been ruled  for almost 30 years by a predecessor who concentrated too much power. 
Categories: European Union

Brussels calls for pause in ECT reform talks after losing key EU vote

Euractiv.com - Mon, 11/21/2022 - 08:01
The European Commission will ask to remove the modernisation of the Energy Charter Treaty (ECT) from the agenda of an ECT summit on Tuesday (22 November) after EU countries failed to reach a majority in favour of reforming the charter.
Categories: European Union

Germany to offer Poland Patriot system after stray missile crash

Euractiv.com - Mon, 11/21/2022 - 08:01
Germany has offered Warsaw the Patriot missile defence system to help it to secure its airspace after a stray missile crashed in Poland last week, Defence Minister Christine Lambrecht told a newspaper on Sunday (20 November).
Categories: European Union

Twice as expensive: The high cost of Germany’s floating LNG terminals

Euractiv.com - Mon, 11/21/2022 - 08:01
Desperate to reduce its reliance on Russian gas, Germany’s speedy construction of infrastructure and leasing of floating LNG terminals may cost much more than initially assumed, Spiegel reported.
Categories: European Union

Agrifood Podcast: Chat with ex-Commisioner, COP27 & glyphosate approval renewal

Euractiv.com - Mon, 11/21/2022 - 08:00
This week, EURACTIV’s agrifood team explains the latest on glyphosate and why the Commission is expected to unilaterally extend the approval for the controversial herbicide for one more year, EURACTIV’s agrifood editor Gerardo Fortuna speaks with the previous EU agriculture...
Categories: European Union

L’Expresso : COP27, un accord final en demi-teinte décevant pour l’Europe

Euractiv.fr - Mon, 11/21/2022 - 07:59
Aujourd’hui dans l’Expresso : l'Unicef alerte sur la pauvreté chez les enfants, Vienne réfléchit à une sortie du Traité sur la charte de l'énergie (TCE), l'ancien chef du Mouvement 5 étoiles pressenti pour devenir envoyé spécial de l'UE dans la région du Golfe
Categories: Union européenne

EU plant Krisengespräche mit Kosovo und Serbien

Euractiv.de - Mon, 11/21/2022 - 07:58
Angesichts der drohenden Frist für die Einführung von Kfz-Kennzeichen hat der EU-Chefdiplomat Josep Borrell für Montag (21. November) ein Dringlichkeitstreffen zwischen dem Kosovo und Serbien einberufen, wie EURACTIV erfahren hat.
Categories: Europäische Union

A Looming Debt Crisis is Threatening Global Health Security. It is time to Drop the Debt

Africa - INTER PRESS SERVICE - Mon, 11/21/2022 - 07:56

Ann Potokri, a nurse and service provider working with ICW, and Queen Kennedy, a community pharmacist and mentor mother. Maararaba, Nasarawa State, North Central Nigeria, June 2020. Photo courtesy of International Community of Women Living with HIV West Africa.

By Jaime Atienza and Charles Birungi
GENEVA, Nov 21 2022 (IPS)

In this moment of profound challenge in international relations, it was understandable that the conclusion of the G20 meeting left leaders feeling relieved that the meeting took place without a breakdown. Leaders were justifiably proud too of important steps forward they made including the launch of the new pandemics fund.

But G20 leaders did not manage to resolve the fiscal crisis that threatens many low-and middle-income countries, and which risks undermining global health security because it is driving countries to slash investments in essential health services.

As the world approaches the end of 2022, no resolution mechanism to properly resolve the debt crisis has been established by either the IMF or the G20. In 24 months, the “G20 common framework” has delivered a debt relief agreement for just one country, Chad.

UNAIDS report “A pandemic triad” shows how growing debt burdens across developing countries are impairing their ability to fight and end AIDS and COVID, and their readiness for future pandemics. Half of the low-income countries in Africa are already in debt distress or at high risk of being so.

Across the world, the 73 countries which are eligible for the Debt Service Suspension Initiative have been recorded as spending on average four times as much on debt servicing as they have been able to invest in the health of their people. Only 43 of those countries have seen even a temporary suspension – totalling less than 10% the money they continued to pay back.

Two thirds of people living with HIV are in countries that received absolutely no support from the Debt Service Suspension Initiative at all during the critical 2020-2021 period. The seven Debt Service Suspension Initiative eligible countries with the largest population of people living with HIV – Kenya, Malawi, Mozambique, Uganda, Tanzania and Zambia – saw their public debt levels grow from 29% in 2011 to 74% in 2020.

According to the World Bank, “interest payments will constrain the capacity of low-income countries to spend on health, on average by 7%, and in lower middle-income countries by 10%, in 2027.”

110 out of 177 countries will see a drop or stagnation in their health spending capacity and are not set to be able to achieve pre-COVID spending levels by 2027.

During the COVID-19 pandemic, deficits increased worldwide, and debt accumulated much faster than they did in the early years of other recessions including the Great Depression and the Global Financial Crisis. The scale is comparable only to the twentieth century’s two world wars.

Government expenditure cuts are expected to take place across 139 countries in the coming years. In the case of the 73 countries that were eligible to the Debt Service Suspension Initiative, primary expenditures are expected to decline an average of 2.8% of GDP between 2020 and 2026.

This comes at a moment when economic forecasts have been downgraded by the IMF for a fourth time in a year. Austerity will mean dangerous reductions in health expenditure. To even restrain the damage will require a systemic reprioritization of public resources towards health systems.

There is a direct correlation between deepening fiscal problems and worsening health outcomes.

The COVID-19 crisis is dragging on. The impacts of the war in Ukraine on the global economy are making things worse. The HIV response is in danger, with the promise to end AIDS by 2030 under threat.

The world is not prepared today for the pandemics of to come. The international response to resolve the health financing crisis is nowhere close enough. Even as developing countries struggle with the debt crisis, the Ukraine war has led several donors to cut aid.

But there is a way out. With bold action, the health and development financing crisis can be overcome. Barbados Prime Minister Mia Mottley’s Bridgetown Agenda for action on debt, expansion of multilateral finance and effective SDR reallocation sets out the order of magnitude of response required.

There is an urgent need for debt cancellation for countries in fiscal distress, and for an effective and fast mechanism to deal with debt restructuring at scale. Health and education must be central considerations in debt negotiations.

Vital too is an expansion of the use of existing Special Drawing Rights (SDRs) from high income countries for investments in lower income countries of at least twice the 100 billion committed.

The G20 leaders’ work has not ended in Bali. The consequences of an unresolved debt crisis, and the lack of additional resources, would be disastrous for lives, livelihoods and health security. We don’t have time. No one is safe until everyone is safe.

Jaime Atienza is the Director of Equitable Financing at UNAIDS. Charles Birungi is the Senior HIV Economics, Finance and Policy Advisor.

IPS UN Bureau

 


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Categories: Africa

Jedes fünfte Kind lebt in Frankreich unter der Armutsgrenze

Euractiv.de - Mon, 11/21/2022 - 07:52
Jedes fünfte französische Kind lebt unterhalb der Armutsgrenze. Frankreich trifft auf Schwierigkeiten, wenn es darum geht, die grundlegendsten Rechte für Kinder in prekären Situationen zu gewährleisten, schreibt UNICEF Frankreich in einem am Sonntag veröffentlichten Bericht.
Categories: Europäische Union

Albanie : une délégation internationale alerte sur la fragilité de la liberté de la presse

Euractiv.fr - Mon, 11/21/2022 - 07:51
Les médias détenus par de puissants hommes d’affaires constituent la principale menace pour la liberté de la presse en Albanie, selon une coalition de délégués internationaux spécialistes de la liberté de la presse.
Categories: Union européenne

Fußball-Weltmeisterschaft: Kaum Interesse in den Niederlanden

Euractiv.de - Mon, 11/21/2022 - 07:47
Das Interesse an dem umstrittenen Turnier in Katar ist in der fußballbegeisterten Nation an einem Tiefpunkt angelangt: König Willem-Alexander und Ministerpräsident Mark Rutte haben nicht vor, an der WM teilzunehmen, und nur 14 % der Niederländer sind von dem Turnier begeistert.
Categories: Europäische Union

Medienkonzentration als Hauptproblem in Albanien

Euractiv.de - Mon, 11/21/2022 - 07:45
Der Besitz von Medien durch mächtige Geschäftsleute mit Eigeninteressen stellt die größte Bedrohung für die Medienfreiheit in Albanien dar. Zu diesem Schluss kommt eine Koalition internationaler Delegierter für Medienfreiheit, die das Land besuchte und gleichzeitig Reformen forderte.
Categories: Europäische Union

Au Kazakhstan, le président sortant Tokaïev donné largement gagnant

Euractiv.fr - Mon, 11/21/2022 - 07:43
Le président sortant du Kazakhstan, Kassym-Jomart Tokaïev, a été largement réélu dimanche, selon des sondages, à la tête du plus grand pays d'Asie centrale, qui a vécu une année noire entre émeutes sanglante et impitoyable lutte des clans.
Categories: Union européenne

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