UK 2027 #G20 Presidency has real power to reform global debt & tax rules. A fairer financial system that unlocks resources for poorer countries & strengthen stability and resilience at home.
Read @MariaFFinnerty (@CAFOD) analysis for #BWObserver 🔗https://t.co/iSrZBXsEMo
Developing countries lose billions annually through debt payments and tax avoidance.
The UK has a unique influence over finance and could make the most of the 2027 G7 presidency to fix a broken system. @MariaFFinnerty for the @brettonwoodspr. ⤵️
https://t.co/R4hUK48BD5
My piece for @brettonwoodspr@CAFOD#BWObserver:
"The UK can demonstrate that true superpower status in the modern age can be measured by the fairness of the systems we uphold, placing Britain at the centre of stable, sustainable financing of the future"
https://t.co/ohceyX8M3f
Pleasure to speak to @MediaStormPod about the UK’s unique role at the centre of the global debt crisis this week for @CAFOD. Full episode available here (or wherever you get your podcasts !): https://t.co/CxAjyxStjW
LCID Exec Member @MariaFFinnerty reacts to today’s aid announcement, arguing we cannot cut our way to safety, stability or global leadership @politicshome
https://t.co/RgkEu959Xf
Today's allocations show the stark reality of the decision to slash the aid budget. We warned a year ago that it would lead to more poverty, less security, and diminish our standing in the world. This is the harsh reality.
Read our chair’s statement @staff_heather
Excellent piece from my @LabourCID colleagues on how a commitment to tackling global poverty and inequality can play central role in winning back progressive voters for @UKLabour - especially with the UK’s G20 Presidency on the horizon
https://t.co/CQQIAdBGXQ
A year ago, the UK government announced plans to slash its aid budget.
Debt relief and new legislation can counteract the devastating impact of these cuts. Read more in The Independent and hear from our Lead Economist, @MariaFFinnerty. ⤵️
https://t.co/85IcI4uaDg
It’s 1 year on from the Government’s decision to cut the aid budget. Read our chair’s statement.
With a programme of events in the months ahead, now is the time to join LCID to stay connected and ensure development is firmly back on the agenda. Join today https://t.co/pifLZF4SiD
LCID exec member @MariaFFinnerty shares new analysis in the @Independent, looking at the role of debt relief in countering the tragic impacts of the aid cuts, announced a year ago today.
https://t.co/145tMhfeTq
Exclusive on new analysis I did for @CAFOD in @Independent, finding that debt relief could help counteract the devastating impacts of @FCDOGovUK@10DowningStreet ODA cuts, announced one year ago today. Hundreds of millions of lives & livelihoods are on the line.
@jmahumadaf I would love to access this article - I'm working on building support for global financial system reform in the UK for an NGO, and our learning budget is currently minimal. Thank you
None of us benefit from living in a less safe, less stable world. Aid cuts will cost the Britain more in the longer term and worsen cost of living pressures for ordinary people in the UK. We turn our backs on global issues at our peril.
Pleasure to speak to @DuncanBarkes@TalkTV for @CAFOD last night on why abandoning our global obligations harms Britain’s interests, the importance of the work of @TaxJusticeUK and others on ending global tax dodging, and the role of the UK in fixing the global financial system
Economists @josephestiglitz.bsky.social, Jayati Ghosh & @thomaspiketty.bsky.social among 120 experts calling for Sri Lanka’s debt payments to be suspended as it tackles the devastation caused by Cyclone Ditwah.
https://t.co/wk7anYNFJT
New research shows that countries in debt distress are sending billions to wealthy, private creditors.
Our Lead Economist, @MariaFFinnerty, spoke to @nichferris about the situation and how English law allows it to continue.
https://t.co/WQFNWW0f4x