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offsite link North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

offsite link Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?

offsite link Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?

offsite link ?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?

offsite link US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty

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Human Rights in Ireland
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offsite link How to Defeat the Westminster ?Blob? Tue May 27, 2025 20:00 | Richard Eldred
Why is the British state so dysfunctional? Ex-government special adviser James Price explains what's wrong with Whitehall ? and what can be done about it.
The post How to Defeat the Westminster ?Blob? appeared first on The Daily Sceptic.

offsite link Farage to Scrap Net Zero to Fund Giveaway for Families Tue May 27, 2025 19:00 | Richard Eldred
Nigel Farage has set out Reform UK's election pitch with a flurry of headline pledges ? scrap Net Zero, axe DEI, lift the two-child cap and raise tax thresholds to support families and workers.
The post Farage to Scrap Net Zero to Fund Giveaway for Families appeared first on The Daily Sceptic.

offsite link Free Speech Victory! Barristers? Regulator Ditches New Diversity Duty Tue May 27, 2025 17:00 | Richard Eldred
In a win for free speech (and the Free Speech Union), the Bar Standards Board has finally backed down on its proposal to impose a duty on barristers to "promote" equality, diversity and inclusion.
The post Free Speech Victory! Barristers? Regulator Ditches New Diversity Duty appeared first on The Daily Sceptic.

offsite link Tommy Robinson Released From Prison Tue May 27, 2025 15:00 | Richard Eldred
Tommy Robinson has walked free early from HMP Woodhill after a High Court judge knocked four months off his 18-month contempt sentence.
The post Tommy Robinson Released From Prison appeared first on The Daily Sceptic.

offsite link Tory MPs to Boris Johnson: Thanks, But no Thanks Tue May 27, 2025 13:00 | Toby Young
Tory MPs have told the Telegraph they don't want Boris to come back as leader, with two threatening to quit the party if he returns. They just don't think he'd be a vote winner.
The post Tory MPs to Boris Johnson: Thanks, But no Thanks appeared first on The Daily Sceptic.

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Voltaire Network
Voltaire, international edition

offsite link Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en

offsite link Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en

offsite link Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en

offsite link Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en

offsite link The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en

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Global Growth Remains Low Amidst Debt Concerns, War and Inflation, Says IMF

category international | economics and finance | press release author Thursday April 06, 2023 21:05author by Jubilee USA Network Report this post to the editors

Global Growth Remains Low Amidst Debt Concerns, War and Inflation, Says IMF

The challenges to the global economy and slow economic growth will continue this year, said IMF Managing Director Kristalina Georgieva. Delivering her traditional “curtain raiser” speech before the opening of the IMF and World Bank Spring meetings, she anticipated a 3% growth this year, below 3.4% last year.

“The IMF is reporting bad news for wealthy and poor countries,” said Eric LeCompte, Executive Director of the religious development group Jubilee USA Network. LeCompte monitored IMF policies for more than a decade. “The vulnerable are struggling with the pandemic, inflation and rising food prices.”

For the poorest countries, the IMF chief sees higher debt payments and lower demand for what they export. This could fuel further hunger and poverty increases.

Sixty percent of low-income countries and a quarter of emerging economies are at or near debt crises. Since February the IMF initiated, alongside the Indian Presidency of the G20 and the World Bank, a Global Sovereign Debt Roundtable to resolve disagreements that stall debt relief processes.

“While more countries face debt crises, we still don't have a fully functioning debt relief process,” noted LeCompte. "Developing countries need debt relief and access to more resources."

Georgieva called for donor countries to address funding shortfalls so the IMF maintains capacity to provide interest-free loans to the poorest members.

Watch the curtain-raiser speech here:
https://www.imf.org/en/live?_slide=CR-SM23

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