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IMF’s Issue of Fresh SDRs -Prabhat Patnaik

-Networkideas.org  The International Monetary Fund has announced a fresh issue of $650 billion Special Drawing Rights in August which would be distributed among member countries in proportion to their IMF quotas. This amount is less than what had been demanded by many, which was a trillion dollars, but it does represent a small temporary comfort for the heavily indebted third world countries. Almost all of it will go into the pockets of...

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The US and India have failed the developing world -CP Chandrasekhar & Jayati Ghosh

-The Hindu Business Line By blocking a proposal for the IMF to issue new Special Drawing Rights, the two have denied developing countries much-needed liquidity at a time of extreme economic distress At the recent G20 and IMF-WB Spring meetings held virtually in the third week of April 2020, a proposal for the IMF to issue an additional 500 billion of Special Drawing Rights (SDRs) was blocked by the US and —...

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Lethal surveillance versus privacy-Shalini Singh

-The Hindu There has been no public debate on the level of watch citizens can be put through, and on what the red lines should be while using intrusive mechanisms The tussle between government agencies' need for a better, faster and real-time interception, surveillance and monitoring mechanism through the Central Monitoring System (CMS), on the one hand, and demands by privacy, civil rights and free speech activists, for ensuring higher privacy for...

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