Newswire

Killers, torturers and the new recommended registry for them

 

International Monetary Fund Releases Plans to Stop Predatory Hedge Funds

The International Monetary Fund (IMF) released new proposals for preventing predatory hedge funds and hold-out investors from blocking debt restructurings. The paper proposes a series of reforms to debt contracts, including strengthened collective action clauses and a modification of the pari passu clause that hold-out hedge funds used to sue Argentina.

"In the wake of debt restructurings in Argentina and Greece, the IMF is incredibly concerned about vulture funds," stated Eric LeCompte, the Executive Director of the religious anti-poverty coalition, Jubilee USA Network. "The IMF is advocating a market approach, but we also need a statutory approach. We need to change both the contracts and the laws." 

The reforms would not apply to existing sovereign bonds. The IMF proposal states that there may be a need for action on those bonds as well if the precedent set in Argentina vs. NML begins to impact other countries. The paper comes on the heels of a similar August proposal by the International Capital Market Association to deter disruptive predatory and hold-out behavior. The primary difference between the two proposals is that the IMF paper does not promote establishing creditor committees to reach agreements in the event of disputes.

"It's important that the IMF acknowledges a market approach might not be enough. This suggested approach would need to be comprehensive and won't have an impact for decades," said LeCompte, who serves on United Nations expert groups that seek to tackle these problems.

 www.jubileeusa.org

 

 

 

Recent Crimes By fbi

 

The general population has no idea of the methods used by the fbi to silence critics. Here are a few.

Argentina Faces US Contempt Hearing

 

OECD Takes Strong Stance on Corporate Tax Avoidance

 

UN Votes for Process to Enact Bankruptcy Treaty and Stop Vulture Funds

 The UN General Assembly passed a historic resolution to begin treaty negotiations to enact a global bankruptcy process and stop predatory hedge funds. The resolution passed by a super-majority vote of 124-11 with 41 abstentions. The US voted no along with 10 other countries.

UN Vote Tuesday Could Create Global Bankruptcy Process, Deter Predatory Funds

 

Terrorism, COINTELPRO, and the Black Panther Party --An interview with law professor Angela A. Allen-Bell

 

UN Treaty Could Enact Global Bankruptcy Process and Stop Predatory Funds

 Jubilee USA Urges and Prays for US Support

The UN General Assembly votes Tuesday on a convention that could enact a global bankruptcy process and stop predatory hedge funds. Bolivia proposed the resolution that if voted upon is expected to pass by a majority. 

United Nations Small Islands Conference Fails to Address Major Debt and Tax Crisis

Banks and Investors Call for New Debt Rules In Wake of Argentina Hedge Fund Case

The International Capital Market Association (ICMA), a group of banks and investors, will call Friday for reforms aimed at preventing repeats of the Argentina/NML Capital debt dispute.

Great Zine On Collective Housing Strategies and Tactics

 

fbi operative identified as presumed serial killer

 

Shocks The Conscience, Offends Sensibilities

See my reports that suggest that atrocities are not limited to those committed by USA's enemies, but are committed globally (even against our own veterans) by our very own government.

 

Face of Genocide In Gaza

 

Mad, Maleficent, Murderous Main Street Media

 See my comments with supporting evidence that the main street media is a murderous fraud on the world stage.

Introduction:

http://www.sosbeevfbi.com/noticetomedia.html

NWO UPON US

 

Our Land, Our Business

 

 

Right now, millions of people are being thrown off their land because large corporations are being given special rights. The World Bank is driving this trend with its Doing Business rankings.

Argentina Braces For Default

Argentina is likely to default barring a last-minute breakthrough in negotiations with hold-outs or a court order. Argentina's grace period to pay bonds restructured after its 2001 default expires July 30th. United States District Judge Thomas Griesa ruled Argentina cannot pay the 92% of restructured bond holders unless Argentina also pays hold-out predatory hedge funds in full.

"Argentina is hours from default," said Eric LeCompte, Executive Director of the religious financial reform organization, Jubilee USA Network. "At this point, a deal seems unlikely. Argentina may decide that the cost of default is less than the cost of compliance."

Panthers in the Hole: French Angola 3 Book Illustrates US Prison Crisis -Interview w/ Nicolas Krameyer of Amnesty France

 

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