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Sir Keir Starmer has accused Rishi Sunak of “sounding a bit desperate” after he accused him of chickening out of TV debates.

The Labour leader told Sky News that “of course there are going to be TV debates” and they are “part and parcel of the election cycle now”.

“I obviously want to spend as much of my time talking to voters directly”, he added.

General election latest: Labour and Tories clash over energy

Sir Keir said he could do “100 debates with Rishi Sunak but I know what he’s going to say”.

“He’s going to say everything is fine, the cost of living crisis is over, the health service hasn’t got any problems.

“And that is all he ever says.

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“Of course there are going to be debates, but he is sounding a bit desperate now.”

Sir Keir Starmer
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Sir Keir Starmer

However, Sir Keir would not commit to Sky News’ leaders event in Grimsby, one of our election Target Towns, saying that there will be “negotiations into what exactly we’re doing”.

It comes after Sir Keir was accused of “chickening out” of weekly showdowns during the election campaign and even branded “spineless” by his political opponents.

Mr Sunak last night challenged him to take part in six TV clashes debating issues like tax, the cost of living and security.

But Labour said Sir Keir would not agree to “tearing up” the format established in previous elections “just to suit this week’s whims of the Tory party”.

They indicated Sir Keir would be willing to take part in two debates – with the BBC and ITV.

TV election debates took off in the UK in the 2010 general election when Gordon Brown, David Cameron and Nick Clegg took part in three debates, on ITV, Sky News and the BBC.

Rishi Sunak speaks with brewery workers at Vale of Glamorgan Brewery in Barry, Wales
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Rishi Sunak speaks with brewery workers at Vale of Glamorgan Brewery in Barry, Wales

Realistically, TV schedules in June and early July are packed with the group stages and knock-out matches in the Euro 2024 football tournament – with England the favourites – meaning six election debates are highly unlikely.

In his interview with Sky News, Sir Keir went on to defend a series of policy U-turns, saying they are the “practical reality of Tory damage to the economy”.

Sir Keir has been criticised for rowing back on many pledges he won the Labour leadership on, such as scrapping university tuition fees and bringing utilities into public ownership.

He said the state of the economy meant he had to prioritise other issues, such as NHS waiting lists.

“I did advocate getting rid of tuition fees, you’re absolutely right about that,” Sir Keir said.

“Now, damage has been done to the economy, we’ve got to make a choice.

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“We’ve got (NHS) waiting lists that are the best part of eight million – the money is not available to do both.

“In the end, if you can’t do both, you have to make a decision. I’ve taken a political choice.”

He added: “It’s the practical reality of the damage that the Tories have done to the economy”.

Sir Keir is in Scotland today to launch the party’s General Election campaign north of the border.

Labour will need to win back many seats in its former traditional heartlands if it wants to secure a majority when voters go to the polls on 4th July.

Sir Keir will promote his plan for a publicly owned clean energy company, which will be headquartered in Scotland.

Meanwhile Mr Sunak will be in Northern Ireland for the fourth leg of his whirlwind tour of the UK.

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Marshall Islands launches universal basic income program using digital wallet

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Marshall Islands launches universal basic income program using digital wallet

The Republic of the Marshall Islands announced that it would allow citizens to access funds through a government-issued digital asset as part of the nation’s Universal Basic Income (UBI) program.

In a Wednesday announcement shared with Cointelegraph, the government of the island nation said it had launched a digital wallet called Lomalo, which will utilize the US dollar-pegged stablecoin USDM1 to enable citizens to access the UBI program. According to the government, the first disbursement of funds will occur in late November, allowing citizens to access them through their wallet, by physical check, or via direct deposit.

“By introducing a secure digital option alongside our traditional methods, we are strengthening our financial systems and ensuring that no community is left behind,” said David Paul, finance minister for the Marshall Islands. 

Neighboring Pacific island nations have rolled out similar programs over the years, including Palau’s stablecoin on the XRP Ledger for government employees, and the central bank of the Solomon Islands’ Bokolo Cash for peer-to-peer transactions and retail payments in the nation’s capital, Honiara.

Related: From islands to highways: How blockchain interoperability is finally catching up

“Citizens will be able to transfer to other registered Lomalo users,” a spokesperson for the Marshall Islands’ finance minister told Cointelegraph. “Right now, only citizens registered for the UBI can set up a wallet.”

Warnings from the IMF on the Marshall Islands utilizing digital assets

The launch of the digital wallet as part of the islands’ UBI program followed warnings from the International Monetary Fund (IMF). In 2023, the group urged the government of the Marshall Islands to reconsider its central bank digital currency program, then known as SOV. 

“Progress on rolling back past digital initiatives is welcome,” said the IMF in a Sept. 10 notice. “Current plans to issue a ‘digital sovereign bond’ carry significant risks relative to perceived returns, which cannot be effectively mitigated given lack of pre-requisite capacity. Thus, in the mission’s view, the authorities should not proceed with the global launch as planned.”

The IMF said that the expansion of Decentralized Autonomous Organizations (DAOs), which the Marshall Islands began recognizing as legal entities in 2022, and the launch of the UBI program using the “untested” USDM1 could have “adverse macro-fiscal and financial integrity implications.” The fund urged the government to scale back the UBI program to a “more targeted scheme to those who need it the most.”