Nobel laureate tells TIME that the institutions and countries that have enforced cost-cutting on Greece “have criminal responsibility”

Source:  time.com
June 29 2015

Stiglitz: Stimulus, not austerity, will boost growth and create job

joseph stiglitzA few years ago, when Greece was still at the start of its slide into an economic depression, the Nobel prize-winning economist Joseph Stiglitz remembers discussing the crisis with Greek officials. What they wanted was a stimulus package to boost growth and create jobs, and Stiglitz, who had just produced an influential report for the United Nations on how to deal with the global financial crisis, agreed that this would be the best way forward. Instead, Greece’s foreign creditors imposed a strict program of austerity. The Greek economy has shrunk by about 25% since 2010. The cost-cutting was an enormous mistake, Stiglitz says, and it’s time for the creditors to admit it.

The IMF, the European Commission and the European Central Bank have criminal responsibility

“They have criminal responsibility,” he says of the so-called troika of financial institutions that bailed out the Greek economy in 2010, namely the International Monetary Fund, the European Commission and the European Central Bank. “It’s a kind of criminal responsibility for causing a major recession,” Stiglitz tells TIME in a phone interview.

Along with a growing number of the world’s most influential economists, Stiglitz has begun to urge the troika to forgive Greece’s debt – estimated to be worth close to $300 billion in bailouts – and to offer the stimulus money that two successive Greek governments have been requesting.

Failure to do so, Stiglitz argues, would not only worsen the recession in Greece – already deeper and more prolonged than the Great Depression in the U.S. – it would also wreck the credibility of Europe’s common currency, the euro, and put the global economy at risk of contagion.

The European Union faces the risk of a chain reaction of financial turmoil that could easily spread to the rest of the global economy

So far Greece’s creditors have downplayed those risks. In recent years they have repeatedly insisted that European banks and global markets do not face any serious fallout from Greece abandoning the euro, as they have had plenty of time to insulate themselves from such an outcome. But Stiglitz, who served as the chief economist of the World Bank from 1997 to 2000, says no such firewall of protection can exist in a globalized economy, where the connections between events and institutions are often impossible to predict. “We don’t know all the linkings,” he says.

Many countries in Eastern Europe, for instance, are still heavily reliant on Greek banks, and if those banks collapse the European Union faces the risk of a chain reaction of financial turmoil that could easily spread to the rest of the global economy. “There is a lack of transparency in financial markets that makes it impossible to know exactly what the consequences are,” says Stiglitz. “Anybody who says they do obviously doesn’t know what they’re talking about.”

The prospect of Greece abandoning the euro

Over the weekend the prospect of Greece abandoning the euro drew closer than ever, as talks between the Greek government and its creditors broke down. Prime Minister Alexis Tsipras, who was elected in January on a promise to end austerity, announced on Saturday that he could not accept the troika’s “insulting” demands for more tax hikes and pension cuts, and he called a referendum for July 5 to let voters decide how the government should handle the negotiations going forward. If a majority of Greeks vote to reject the troika’s terms for continued assistance, Greece could be forced to default on its debt and pull out of the currency union.

Stiglitz sees two possible outcomes to that scenario – neither of them pleasant for the European Union. If the Greek economy recovers after abandoning the euro, it would “certainly increase the impetus for anti-euro politics,” encouraging other struggling economies to drop the common currency and go it alone. If the Greek economy collapses without the euro, “you have on the edge of Europe a failed state,” Stiglitz says. “That’s when the geopolitics become very ugly.”

By providing financial aid, Russia and China would then be able to undermine Greece’s allegiance to the E.U. and its foreign policy decisions, creating what Stiglitz calls “an enemy within.” There is no way to predict the long-term consequences of such a break in the E.U.’s political cohesion, but it would likely be more costly than offering Greece a break on its loans, he says.

The creditors should admit that the policies that they put forward over the last five years are flawed

“The creditors should admit that the policies that they put forward over the last five years are flawed,” says Stiglitz, a professor at Columbia University.What they asked for caused a deep depression with long-standing effects, and I don’t think there is any way that Europe’s and Germany’s hands are clean. My own view is that they ought to recognize their complicity and say, ‘Look, the past is the past. We made mistakes. How do we go on from here?’”

The most reasonable solution Stiglitz sees is a write-off of Greece’s debt, or at least a deal that would not require any payments for the next ten or 15 years. In that time, Greece should be given additional aid to jumpstart its economy and return to growth. But the first step would be for the troika to make a painful yet obvious admission: “Austerity hasn’t worked,” Stiglitz says.

Source:  Nobel laureate tells TIME that the institutions and countries that have enforced cost-cutting on Greece “have criminal responsibility”  Time

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Greek children eat garbage, ‘austerity’ bureaucrats eat caviar

Originally posted on Dear Kitty. Some blog:

This 2014 video is called Childhood hunger in Greece.

Translated from NOS TV in the Netherlands:

“One in three Greek children living in poverty

Today, 06:02

One in three children lives below the poverty line in Greece; three years ago that figure was one in five. This said the Greek Children’s Ombudsman George Moschos this week at a meeting of the European Federation of Children Boards.

European children’s ombudsmen are very concerned about the deteriorating conditions in which Greek children grow up. …

Since October, the Dutchman Marc Dullaert is president of the European umbrella organization. The federation was meeting this week in Greece to discuss the Greek humanitarian situation.

No social services

“Greece has 1.7 million families without income. These people do not receive benefits or assistance,” said Dullaert. He called the situation disastrous and also speaks about a downward spiral and impoverishment. According…

View original 220 more words

Letter from Cuban President Raúl Castro Ruz to Barack Obama

Source:   Granma

July 1, 2015

Army General Raúl Castro Ruz, President of the Councils of State and Ministers, highlighted in the letter that Cuba will open diplomatic missions, motivated by the mutual intention to develop relations of respect and cooperation between both nations

Letter from Cuban President Raúl Castro Ruz to the President of the United States

Havana, July 1, 2015

Honorable Mr. Barack H. Obama

President of the United States of America

Mr. President:

In accordance with the announcements made on December 17, 2014 and high-level conversation between our governments, it pleases me to confirm to you that the Republic of Cuba has decided to reestablish diplomatic relations with the United States of America and open permanent diplomatic missions in our respective countries, on July 20, 2015.

In making this decision, Cuba is encouraged by reciprocal intention to develop respectful and cooperative relations between our two peoples and governments.

Cuba likewise draws inspiration from the purposes and principles enshrined in the Charter of the United Nations and international law, namely, sovereign equality; the settlement of disputes by peaceful means; abstention from acts or threat of aggression or the use of force against the territorial integrity or political independence of States; non-interference in the internal affairs of States; the promotion of friendly relations among nations based on respect for the principles of equal rights and self-determination of the peoples; cooperation in solving international problems; and promotion and encouragement of respect for human rights and fundamental freedoms for all.

The above stated principles are in accordance with the spirit and norms established in the Vienna Convention on Diplomatic Relations of April 18, 1961 and the Vienna Convention on Consular Relations of April 24, 1963, to which both the Republic of Cuba and the United States of America are parties, and will govern diplomatic and consular relations between the Republic of Cuba and the United States of America.

I take this opportunity to extend to you, Mr. President, the assurance of our consideration.                                                                                                           

Raúl Castro Ruz

Source:  Letter from Cuban President Raúl Castro Ruz to Barack Obama  Granma

WHO: Cuba today became the first country in the world to eliminate mother-to-child transmission of HIV and syphilis

Source: WHO

News release

30 JUNE 2015 ¦ GENEVA ¦ WASHINGTON –

Cuba today became the first country in the world to receive validation from WHO that it has eliminated mother-to-child transmission of HIV and syphilis.

cuba first country to eliminate hiv transmission

‘Important step': Carissa Etienne (centre), director of the Pan America Health Organization, speaks during an announcement about Cuba in Washington DC today. She is accompanied by Roberto Tomas Morales Ojeda (left), Cuban Minister of Public Health and Luiz Loures (right), deputy executive director of UNAids

“Eliminating transmission of a virus is one of the greatest public health achievements possible,” said Dr Margaret Chan, WHO Director-General. “This is a major victory in our long fight against HIV and sexually transmitted infections, and an important step towards having an AIDS-free generation” she added.

Michel Sidibé, Executive Director of UNAIDS: “This is a celebration for Cuba and a celebration for children and families everywhere. It shows that ending the AIDS epidemic is possible and we expect Cuba to be the first of many countries coming forward to seek validation that they have ended their epidemics among children.”

The challenge

Every year, globally, an estimated 1.4 million women living with HIV become pregnant. Untreated, they have a 15-45% chance of transmitting the virus to their children during pregnancy, labour, delivery or breastfeeding. However, that risk drops to just over 1% if antiretroviral medicines are given to both mothers and children throughout the stages when infection can occur. The number of children born annually with HIV has almost halved since 2009 – down from 400 000 in 2009 to 240 000 in 2013. But intensified, efforts will be required to reach the global target of less than 40 000 new child infections per year by 2015.

Nearly 1 million pregnant women worldwide are infected with syphilis annually. This can result in early fetal loss and stillbirth, neonatal death, low-birth-weight infants and serious neonatal infections. However, simple, cost-effective screening and treatment options during pregnancy, such as penicillin, can eliminate most of these complications.

Cuba’s achievement

WHO/PAHO has been working with partners in Cuba and other countries in the Americas since 2010 to implement a regional initiative to eliminate mother-to-child transmission of HIV and syphilis.

As part of the initiative, the country has worked to ensure early access to prenatal care, HIV and syphilis testing for both pregnant women and their partners, treatment for women who test positive and their babies, caesarean deliveries and substitution of breastfeeding. These services are provided as part of an equitable, accessible and universal health system in which maternal and child health programs are integrated with programs for HIV and sexually transmitted infections.

“Cuba’s success demonstrates that universal access and universal health coverage are feasible and indeed are the key to success, even against challenges as daunting as HIV,” said PAHO Director, Dr Carissa F. Etienne. “Cuba’s achievement today provides inspiration for other countries to advance towards elimination of mother-to-child transmission of HIV and syphilis”.

Global efforts to stop mother-to-child transmission of HIV and syphilis

There have been major efforts in recent years to ensure that women get the treatment they need to keep themselves well and their children free from HIV and syphilis and a number of countries are now poised to eliminate mother-to-child transmission of both diseases.

In 2007, WHO launched the Global elimination of congenital syphilis: rationale and strategy for action. The strategy aims to increase global access to syphilis testing and treatment for pregnant women. By 2014, more than 40 countries were testing 95% or more of pregnant women in prenatal care for syphilis. But although progress has been made, many countries have still to prioritize preventing and treating mother-to-child transmission of syphilis. In 2012, syphilis affected 360 000 pregnancies through stillbirths, neonatal deaths, prematurity, and infected babies.

In 2011, UNAIDS with WHO and other partners launched the Global Plan towards the elimination of new HIV infections among children by 2015, and keeping their mothers alive. This global movement has galvanized political leadership, innovation and engagement of communities to ensure that children remain free from HIV and that their mothers stay alive and well.

Between 2009 and 2013, the proportion of pregnant women living with HIV in low- and middle-income countries receiving effective antiretroviral medicines to prevent transmission of the virus to their children doubled. This means that globally, 7 out of 10 pregnant women living with HIV in low- and middle-income countries receive effective antiretroviral medicines to prevent transmission of the virus to their children. Among the 22 countries which account for 90% of new HIV infections, 8 have already reduced new HIV infections among children by over 50% since 2009, based on 2013 data, and another four are close to this mark.

WHO validation process

In 2014, WHO and key partners published Guidance on global processes and criteria for validation of elimination of mother-to-child transmission of HIV and syphilis, which outlines the validation process and the different indicators countries need to meet.

As treatment for prevention of mother-to-child-transmission is not 100% effective, elimination of transmission is defined as a reduction of transmission to such a low level that it no longer constitutes a public health problem.

An international expert mission convened by PAHO/WHO visited Cuba in March 2015 to validate the progress toward the elimination of mother-to-child transmission of HIV and syphilis. During a five-day visit, members visited health centers, laboratories, and government offices throughout the island, interviewing health officials and other key actors. The mission included experts from Argentina, the Bahamas, Brazil, Colombia, Italy, Japan, Nicaragua, Suriname, the United States of America and Zambia.

The validation process paid particular attention to the upholding of human rights, in order to ensure that services were provided free of coercion and in accordance with human rights principles.

Note to editors:

Required validation indicators include:

HIV

Impact Indicators – must be met for at least 1 year

  • New paediatric HIV infections due MTCT of HIV are less than 50 cases per 100 000 live births; and
  • MTCT rate of HIV to less than 5% in breastfeeding populations or less than 2% in non-breastfeeding populations

Process Indicators – must be met for at least 2 years • More than 95% of pregnant women, both who know and do not know their HIV status, received at least one antenatal visit • More than 95% of pregnant women know their HIV status • More than 95% of HIV-positive pregnant women receive antiretroviral drugs

Syphilis

Impact Indicators – must be met for at least 1 year

  • Rate of MTCT syphilis are less than 50 cases per 100 000 live births

Process Indicators – must be met for at least 2 years

  • More than 95% of pregnant women received at least one antenatal visit
  • More than 95% of pregnant women are tested for syphilis
  • More than 95% of pregnant women with syphilis receive treatment.

The term “validation” is used to attest that a country has successfully met criteria (internationally set targets for validation) for eliminating MTCT of HIV and/or syphilis at a specific point in time, but countries are required to maintain ongoing programmes.

In 2013, only two babies were born with HIV in Cuba, and only 5 babies were born with congenital syphilis.

For more information, contact:

Fadéla Chaib
WHO Geneva
Telephone: +41 22 791 3228
Mobile: +41 79 475 5556
E-mail: chaibf@who.int

Leticia Linn
PAHO /WHO
Telephone: + 1 202 974 3440
Mobile +1 202 701 4005
E-mail: linnl@paho.org

Sophie Barton-Knott
UNAIDS Geneva
Telephone: +41 22 791 1697
E-mail: bartonknotts@unaids.org

Source: WHO validates elimination of mother-to-child transmission of HIV and syphilis in Cuba  WHO

CARICOM Summit must dispel confusion over Guyana / Venezuela border issue

Source:  Carib Flame

June 28 2015

It has now become absolutely  clear  that United States-based anti-Venezuela forces are currently using their agents in the Caribbean to try to subvert the growing friendship between the socialist Government of Venezuela and the nation-states of the Caribbean Community (CARICOM) by deliberately misconstruing the Venezuelan government’s policy and intentions in relation to that country’s one hundred year old border dispute with our sister Caribbean territory of Guyana!

caricomThis nefarious conspiracy must not be allowed to succeed, and it is therefore crucial that the Caribbean heads of Government who are meeting in Barbados this week for CARICOM’s 36th Heads of Government Summit examine the facts very carefully and issue a strong statement that exposes as a lie the fraudulent and mischievous assertion that is currently being peddled in the Caribbean news media that President Maduro of Venezuela has issued a decree in which he purports to appropriate a portion of Guyana’s territorial space.

Read more at: CARICOM Summit must dispel confusion over Guyana / Venezuela border issue  Carib Flame

Ecuador: Disturbing Video Incites Police Rebellion Against President Correa

Source:  TeleSUR

26 June 2015

A disturbing new video has surfaced encouraging the Ecuadorean police force to join destabilization efforts against the left-wing president, Rafael Correa.

The video, which appears to incite rebellion among the ranks of the Ecuadorean police department, is particularly alarming due to the role of the police in a 2010 coup attempt against President Rafael Correa.

Correa, who has served as President since 2007, has consistently had approval ratings of over 60 percent, making him one of the region's most popular leaders

Correa, who has served as President since 2007, has consistently had approval ratings of over 60 percent, making him one of the region’s most popular leaders

The call for rebellion among the ranks of the Ecuadorean police department is particularly alarming due to the police role in a 2010 coup attempt.

RELATED: Read more about the 2010 coup and the right-wing attack on Ecuador’s democracy

Protests led by the defeated right-wing politicians

In recent weeks, a wave of protests, initially against tax hikes on the wealthiest, have demanded the ousting of the elected progressive president.   The protests have been led by right-wing politicians linked to the old governing powers, swept from office by Rafael Correa’s election victory in 2007.

The 2010 coup attempt saw the military and the police conspire in events that saw the president injured and later detained against his will. Five people died and, in released recordings, police officers can be heard screaming “Kill the President”, “Kill Correa.” The president was ultimately rescued by loyal sections of the military and returned to the presidential palace, where thousands had gathered to show their support for the government.

After the failure of the previous coup attempt, numerous police officers were convicted and sentenced for their involvement in the mutiny. According to a 2014 report from the Police Inspector’s Office, a total of 600 police members were removed from their posts between 2013 and 2014 due to corruption and organised-crime related activities.

 CIA accused of lending support to the country’s security institutions 

Following the failed coup in 2010, both President Correa and Foreign Minister Ricardo Patiño accused the CIA of lending support to the country’s security institutions including the Ecuadorean police.

Correa, who has served as President since 2007, has consistently had approval ratings of over 60 percent, making him one of the region’s most popular leaders.

The events of Sept. 30, 2010, echoed many others in Latin America’s past, when force was used to remove elected heads of state.

The images below show the police and military role in the 2010 coup. Our full gallery is here:

ecuador 2010 coup 1

ecuador 2010 2

Source:  Disturbing Video Incites Police Rebellion Against Ecuador’s President Correa  TeleSUR

Greece: PM Tsipras announces Referendum on Creditors’ Proposal

Source: keeptalkinggreece.com
June 26 2015

Greek citizens,

For the last six months, the Greek government has been waging a battle under conditions of unprecedented economic asphyxiation, in order to implement your mandate, that of January 25th.

The mandate to negotiate with our partners to bring about an end austerity, and for prosperity and social justice to return to our country once more.

For a sustainable agreement that will respect democracy, as well as European rules, and which will lead to a definitive exit from the crisis.

During the negotiations, we were repeatedly asked to implement memoranda policies agreed to by the previous governments, despite the fact that the memoranda were unequivocally condemned by the Greek people in the recent elections.

We never considered giving in—not even for a moment. Of betraying your trust.

Following five months of tough negotiations, our partners submitted a proposal-ultimatum at the Eurogroup meeting, taking aim at Greek democracy and the Greek people.

An ultimatum that contravenes Europe’s founding principles and values. The values of our common European project.

The Greek government was asked to accept a proposal that will add new unbearable weight to the shoulders of the Greek people, and that will undermine the recovery of the Greek economy and society–not only by fueling uncertainty, but also by further exacerbating social inequalities.

The institutions’ proposal includes measures that will further deregulate the labor market, pension cuts, and further reductions in public sector wages–as well as an increase in VAT on food, restaurants and tourism, while eliminating the tax breaks of the Greek islands.

These proposals–which directly violate the European social acquis and the fundamental rights to work, equality and dignity–prove that certain partners and members of the institutions are not interested in reaching a viable and beneficial agreement for all parties, but rather the humiliation of the Greek people.

These proposals mainly illustrate the IMF’s insistence on harsh and punitive austerity measures. Now is the time for the leading European powers to rise to the occasion and take initiative to definitively end the Greek debt crisis, a crisis affecting other European countries as well, by threatening the very future of European integration.

Greek citizens,

We are facing a historic responsibility to not let the struggles and sacrifices of the Greek people be in vain, and to strengthen democracy and our national sovereignty—and this responsibility weighs upon us.

Our responsibility for our country’s future.

This responsibility obliges us to respond to the ultimatum based on the sovereign will of the Greek people.

Earlier this evening, the Cabinet was convened and I proposed holding a referendum, so that the Greek people can decide.

My proposal was unanimously accepted.

Tomorrow, the Parliament will hold an extraordinary meeting to ratify the Cabinet’s proposal for a referendum to take place next Sunday, on July 5th. The question on the ballot will be whether the institutions’ proposal should be accepted or rejected.

I have already informed the French President, the German Chancellor, and the ECB’s president of my decision, while tomorrow I will ask for a short extension of the program -in writing- from the leaders of the EU and the institutions, so that the Greek people can decide free of pressure and blackmail, as stipulated by our country’s Constitution and Europe’s democratic tradition.

Greek citizens,

I call on you to decide –with sovereignty and dignity as Greek history demands–whether we should accept the extortionate ultimatum that calls for strict and humiliating austerity without end, and without the prospect of ever standing on our own two feet, socially and financially.

We should respond to authoritarianism and harsh austerity with democracy–calmly and decisively.

Greece, the birthplace of democracy, should send a resounding democratic message to the European and global community.

And I personally commit that I will respect the outcome of your democratic choice, whatever it may be.

I am absolutely confident that your choice will honor our country’s history and will send a message of dignity worldwide.

In these critical times, we all have to remember that Europe is the common home of all of its peoples.

That in Europe there are no owners and guests.

Greece is, and will remain, an integral part of Europe, and Europe an integral part of Greece.

But a Europe without democracy will be a Europe without an identity and without a compass.

I call on all of you to act with national unity and composure, and to make a worthy decision.

For us, for our future generations, for Greek history.

For our country’s sovereignty and dignity.

Sources: