Ukraine plans to adopt law allowing foreign debt payments suspension
Al Mayadeen | July 18, 2024
Ukraine intends to pass legislation allowing the government to freeze foreign debt payments while the country and its international creditors negotiate conditions for restructuring more than $20 billion in bonds, Bloomberg reported.
The proposed law, filed by the chairman of President Volodymyr Zelensky’s party, aims to allow for the suspension of payments on foreign sovereign debt and state-guaranteed obligations due to a coupon payment scheduled for August 1.
The parliamentary budget committee convened Thursday morning and suggested that the measure be approved by the assembly, according to chairman Danylo Hetmantsev’s message on Telegram.
The clock is ticking for Ukraine and bondholders on debt restructure, as a payment freeze agreed upon 2 years ago will soon expire.
Unless a settlement is reached or a two-year moratorium is extended by the end of this month, Ukraine will legally default on its obligations in September.
“It is necessary to introduce, for the period of transactions to change the terms of borrowing, temporary measures related to the servicing and repayment of debt obligations and a moratorium on satisfaction of creditors’ claims,” the bill that was released by the president’s office said.
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Revisionist History Books Banned by Amazon
By Michael Hoffman • Unz Review • August 25, 2018
On August 13, 2018 Amazon banned Judaism’s Strange Gods: Revised and Expanded, which was published in 2011 and sold by Amazon for the past seven years. Along with the much larger study, Judaism Discovered, (sold by Amazon since 2008), it has had an international impact both as a softcover volume as well as a digital book circulating on the Amazon Kindle.
Sales to India, Japan and the Middle East were rapidly growing. The digital Kindle format is particularly important for the free circulation of books because it bypasses borders and customs and hurdles over the prohibitive cost of shipping which the US Postal Service imposed on mail to overseas destinations several years ago (eliminating economical surface mail).
Amazon has also banned The Great Holocaust Trial: The Landmark Battle for the Right to Doubt the West’s Most Sacred Relic (sold by Amazon since 2010).
These volumes maintain a high standard of scholarly excellence, had a majority of favorable reviews by Amazon customers, are free of hatred and bigotry and have sold thousands of copies on Amazon. Out of the blue we were told that suddenly “Amazon KDP” discovered that the books are in violation of Amazon’s “content guidelines.” Asking for documentation of the charge results in no response. It is enough that the accusation has been tendered. The accused are guilty until proved innocent, although how proof of innocence is presented is anyone’s guess. There is no appeals process. This is what is known as “Tech Tyranny.”
There is a nationwide purge underway that amounts to a new McCarthyism — blacklisting and banning politically incorrect speech and history books under the rubric of “hate speech” accusations, initiated in part by two Zionist thought police organizations, the Southern Poverty Law Center (SPLC) and the Anti-Defamation League (ADL). It’s a flimsy pretext for censoring controversial scholarly books that can’t be refuted.
In addition to our books being hate-free, we note that there are hundreds of hate-filled Zionist and rabbinic books brimming with ferocious bigotry for Palestinians, Germans and goyim in general, which are sold by Amazon. … continue
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