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February 3, 2021
"Amid Exceptional Uncertainty" IMF Projects Growth for Rich Countries, Challenges for Developing Countries "Amid Exceptional Uncertainty" IMF Projects Growth for Rich Countries, Challenges for Developing Countries January 26, 2021 Washington DC - The International Monetary Fund released projections on the world economy as countries continue to wrestle with the coronavirus. The Funds World Economic Outlook Update projects 5.5% global growth in 2021, while noting developing countries face growing...
February 3, 2021
High-Level Climate Summit to Launch Action Agenda High-Level Climate Summit to Launch Action Agenda January 25, 2021 Global Economic Decisions Key to Addressing Climate Asserts Jubilee USA Washington DC - World leaders, including Pope Francis, UN General Secretary António Guterres and the IMFs Kristalina Georgieva, gather for a high-level climate summit hosted by the Netherlands through Tuesday. "The meeting on addressing climate change is taking place at a critical moment," noted Eric LeCom...
February 3, 2021
Eric LeCompte Addresses United Nations on COVID-19 Crisis Recovery Eric LeCompte Addresses United Nations on COVID-19 Crisis Recovery June 02, 2020 United Nations Virtual Special Session Recovering from the Coronavirus Pandemic with Resilience: Confronting Inequality, Ending Poverty and Meeting the Sustainable Development Goals Eric LeCompte, Executive Director of Jubilee USA Network June 2nd, 2020 The coronavirus wreaks havoc around the globe and induces a global economic crisis on par w...
February 3, 2021
2020: Sadness, Victory and Profound Loss 2020: Sadness, Victory and Profound Loss December 26, 2020 In the last days of 2020, we pray you and your loved ones are well. Just in recent days and over the last year - we lost hundreds of our Jubilee USA friends, members and partners to the coronavirus. Some of us lost are jobs and struggle to pay our bills. The economic and health crises spurred by the pandemic means livelihoods continue to be lost, more friends will die and hunger spreads. As we re...
February 3, 2021
Staff Eric LeCompte For more than 25 years, Eric LeCompte has led religious groups to win policies that alleviate poverty, address global conflict and promote human rights. He is the Executive Director of Jubilee USA Network, a development coalition of more than 700 religious groups and US organizations. Learn more about Eric here. Aldo Caliari Senior Director of Policy and Campaigns Aldo Caliari served as the Senior Advisor at the Intergovernmental Group of 24 on International Monetar...
February 3, 2021
Amidst Covid-19 Spread, IMF and World Bank Signal Debt Relief for Poor Countries Amidst Covid-19 Spread, IMF and World Bank Signal Debt Relief for Poor Countries March 24, 2020 Developing Countries Demand Debt Payments Stop Washington, DC - On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuadors Congress a...
February 3, 2021
The Tablet February 3, 2021 WINDSOR TERRACE — Catholic environmental advocates applauded President Joe Biden’s decision to revoke the Keystone XL pipeline permit as a positive step towards a greener economy, but question if the decision was short-sighted with no job alternatives in place. “I’m always concerned every time people are losing jobs. It’s not humane to close things down and leave people unemployed,” said Angélica Gonzalez Apple, the Global Catholic Climate Movemen...
January 28, 2021
* Creditors to begin talks soon - IMF * Chad’s total debt exposure around $3 billion * (Adds IMF comment on talks starting, debt data) WASHINGTON, Jan 27 (Reuters) - Chad has officially requested a debt restructuring, the first country to do so under a new common framework hammered out last year by China and other Group of 20 countries with the help of the Paris Club, the International Monetary Fund said on Wednesday. An IMF official said official creditors would soon begin discussions on wha...
January 27, 2021
Catholic environmental advocates applaud President Joe Biden’s decision to revoke the Keystone XL pipeline permit as a positive step towards a greener economy, but question if the decision was short sighted with no job alternatives in place.
January 27, 2021
4 Min Read WASHINGTON (Reuters) - Chad has officially requested a debt restructuring, the first country to do so under a new common framework agreed by Group of 20 major economies last year, the International Monetary Fund said on Wednesday. Chads President Idriss Deby attends a working session of the G5 Sahel summit in Nouakchott, Mauritania June 30, 2020. Ludovic Marin /Pool via REUTERS The IMF said its staff had completed talks with Chad on a new medium-term financing program worth about $56...