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international / economics and finance / press release Friday June 09, 2023 16:57 by Anjoulie Woodhead
New York State lawmakers extended their legislative session into the weekend as a vote on the New York Taxpayer and International Debt Crises Protection Act remains pending. read full story / add a comment
international / economics and finance / press release Tuesday May 02, 2023 20:52 by Anjoulie Woodhead
Largest New York Labor and Religious Groups Support the New York Taxpayer and International Debt Crises Protection Act read full story / add a comment
international / economics and finance / press release Thursday April 06, 2023 21:05 by Jubilee USA Network
Global Growth Remains Low Amidst Debt Concerns, War and Inflation, Says IMF read full story / add a comment
international / economics and finance / other press Thursday December 01, 2022 21:13 by 1 of Indy
The bloody war in Ukraine egged on and supported by the USA, NATO and EU continues to drag on as well as the idiotic self destructive sanctions is only going to end up to the great detriment to Europe. In this article written by Dr. Seshadri Kumar he presents his analysis and it is important that these are made more widely known. At the start of the human tragedy that is the Ukraine war, I delved into the underlying causes of the conflict from the perspective of a historian and political scientist. That analysis, “Understanding The Great Game in Ukraine,” is available here. Events have progressed since then, and an important fallout of the war has been economic. In this article, I look at the role and situation of Europe from the perspective of an economist. The European Union has taken a very definite political stance on the Russia-Ukraine conflict, aligned with the United States. It has applied 8 rounds of economic sanctions against Russia, and at the time of writing, is working on a 9th package. read full story / add a comment
national / economics and finance / news report Thursday April 21, 2022 23:19 by 1 of Indy
All State Land And Property To Be Sold To a Private Entity Called The Land Development Agency. Yes you heard this correctly. The government is transferring all state land and property to a private entity called the Land Development Agency. We cannot allow this to happen. The Post Offices are semi-state owned but they are actually being starved of cash. Richard Boyd Barret TD: In the Dail Just wow is all I can say… of course the minister has already left the building. The boys are back in town. Fianna Fáil and the developers. This is a hyper-speed version of “The Mistakes of the Past”. This legislation is a heist, is a legal method to pillage the land bank, the entire public land bank. It’s absolutely extraordinary. It’s not just local authorities, it’s every single public sector and their land. Not just housing land, “any relevant land” you can look at the definition in the legislation. They can take any bit of land from any public body and they can do what they like with it. “ read full story / add a comment
international / economics and finance / press release Wednesday October 13, 2021 15:25 by Comms Manager, olivia@jubileeusa.org
The IMF World Economic Outlook report lowered economic growth projections for wealthy and poor countries. The IMF forecasts 5.9% global economic growth. read full story / add a comment
international / economics and finance / press release Tuesday October 05, 2021 14:17 by Jubilee USA Network
An investigation into more than 11 million private financial documents show hundreds of public officials in 90 nations using schemes to hide wealth offshore and avoid taxes. The International Consortium of Investigative Journalists released the Pandora Papers in partnership with the Washington Post and 600 journalists in 116 countries. read full story / add a comment
international / economics and finance / press release Friday July 09, 2021 14:44 by Comms Manager, olivia@jubileeusa.org
G20 finance ministers begin two-day meetings in Italy on Friday on COVID response, economic recovery, vaccines, debt relief and global tax agreements. More than 265 groups signed a letter organized by Jubilee USA urging the G20 to act on debt relief, aid and COVID healthcare for developing countries. read full story / add a comment
international / economics and finance / press release Tuesday June 29, 2021 21:56 by Olivia Engling
The International Monetary Fund approved a debt relief process for Sudan, according to the country's finance ministry. The Heavily Indebted Poor Countries (HIPC) initiative, a debt relief process created in the early 2000s, will wipe out 85% of Sudan's debt, reducing debt from $50 billion to $8 billion. read full story / add a comment
international / economics and finance / press release Wednesday June 09, 2021 19:45 by Olivia Engling
The World Trade Organization began a process that could make it easier for poor countries to produce or procure COVID-19 vaccines. Pharmaceutical companies hold vaccine patents and WTO action is necessary to waive the patents. Less than 2% of coronavirus vaccines reached poor countries. read full story / add a comment
international / economics and finance / press release Tuesday June 01, 2021 18:38 by Olivia Engling
 1 comment (last - tuesday june 01, 2021 21:05)
Heads of the primary global financial, trade and health institutions urged government leaders to finance a $50 billion vaccine plan to end the pandemic. “A two-track pandemic is developing, with richer countries having access and poorer ones being left behind,” shared IMF Managing Director Kristalina Georgieva, World Bank President David Malpass, World Health Organization Director General Tedros Adhanom Ghebreyesus and World Trade Organization Director General Nkozi Okonjo-Iweala in a joint statement. read full story / add a comment
international / economics and finance / press release Friday May 21, 2021 15:08 by Zachary Conti
As worldwide COVID cases peak, IMF chief Kristalina Georgieva unveiled a $50 billion proposal to support vaccinations of 60% of the world's population. During a G20 and European Commission summit, Georgieva argued the global vaccine investment would end the pandemic and spur $9 trillion in economic gains by 2025. read full story / add a comment
international / economics and finance / press release Friday April 23, 2021 19:43 by Zachary Conti
The United Nations convened on COVID response and development needs for vulnerable, small island and landlocked countries. The President of the Economic and Social Council, Pakistan Ambassador Munir Akram organized the high-level event to focus on countries struggling with specific disadvantages from the crisis. read full story / add a comment
international / economics and finance / press release Thursday April 22, 2021 22:35 by Zachary Conti
Financial decisions play a critical role in solving climate change, advocated Treasury Secretary Yellen during a US-hosted climate summit. More than 40 world leaders are attending the two-day virtual gathering convened by President Biden. Biden announced a new US target to halve fossil fuel emissions by 2030 and eliminate them by 2050. read full story / add a comment
international / economics and finance / press release Friday April 09, 2021 17:49 by Zachary Conti
The Development Committee, a ministerial-level consensus building and policymaking body for the World Bank and the IMF, met as part of the Spring IMF and World Bank Meetings. read full story / add a comment
international / economics and finance / press release Tuesday April 06, 2021 17:49 by Zachary Conti
1 comment (last - wednesday april 07, 2021 16:01)
The IMF warns that rising US interest rates could impact the ability of developing countries to pay debt, leading to prolonged economic crisis. The warning comes ahead of IMF, G20 and World Bank meetings, with the Fund's release of the Global Financial Stability Report. read full story / add a comment
international / economics and finance / press release Tuesday April 06, 2021 15:08 by Zachary Conti
"The pandemic will reverse the progress made since the 1990s in reducing global poverty and will increase inequality," states the IMF in its flagship World Economic Outlook report. read full story / add a comment
international / economics and finance / press release Friday April 02, 2021 15:06 by Zachary Conti
Treasury notified Congress of its support for $650 billion in IMF global reserves, also known as Special Drawing Rights (SDRs), to assist developing countries struggling with the coronavirus crisis. US law requires a ninety-day advance alert to Congress before the US votes for SDRs with the IMF board. read full story / add a comment
international / economics and finance / press release Tuesday March 30, 2021 16:16 by Zachary Conti
International Monetary Fund head Kristalina Georgieva warned of an uncertain global recovery as the world struggles with the COVID spurred economic crisis. The IMF Managing Director stated concern that average incomes in developing countries faced drops of 20% and 11% in advanced economies. "This loss of income means millions of people will face destitution, homelessness, and hunger," reported Georgieva during her curtain raiser speech ahead of the Spring IMF and World Bank meetings. read full story / add a comment
international / economics and finance / press release Friday February 26, 2021 21:19 by Zachary Conti
G20 finance ministers met Friday to discuss global coronavirus response. The group endorsed continuing stimulus plans in wealthy countries and supporting plans to increase aid and vaccine access for developing countries. read full story / add a comment |
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