US Pledges Aid, Vaccines and Climate Solutions at Vatican Conference jubileeusa.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jubileeusa.org Daily Mail and Mail on Sunday newspapers.
IMF Approves Sudan Debt Relief Plan
IMF Approves Sudan Debt Relief Plan
May 11, 2021
Washington DC – On Monday, the International Monetary Fund approved a plan to pay for Sudan s debt owed to the financial institution. Using grants and internal resources, IMF leadership agreed to clear $1.3 billion in missed debt payments or arrears.
“The IMF approved an important step in the process for Sudan debt relief,” said Eric LeCompte, Executive Director of the religious development group Jubilee USA Network. As Sudan wrestles with the pandemic and a 50% poverty rate, debt relief cannot come soon enough.
Sudan is on track to join thirty-seven countries that received debt relief under the Heavily Indebted Poor Countries Initiative, a plan won by debt relief advocates in the early 2000s.
The Tablet May 10, 2021
Rohan Aggarwal, 26, a resident doctor treating patients suffering from COVID-19, looks at a patient’s X-ray scan, inside the emergency room of Holy Family Hospital, during his 27-hour shift in New Delhi May 1, 2021. As India faces a massive surge in new infections and deaths caused by COVID-19, Pope Francis said he was praying for all those affected by the huge health emergency. (Photo: Catholic News Service)
MANHATTAN Two U.S. faith organizations on the front lines of the global coronavirus response stand with the federal government in support of waiving intellectual property (IP) protections for COVID-19 vaccines, in an effort to help the poorer countries get more doses.
Catholics debate Biden s waiver of property rights for vaccines cruxnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cruxnow.com Daily Mail and Mail on Sunday newspapers.
US Supports Removal of Vaccine Trade Barrier
US Supports Removal of Vaccine Trade Barrier
May 06, 2021
Washington DC - As developing countries struggle to access vaccines, the US announced support to eliminate trade barriers on vaccine access. In a statement Wednesday, the Biden Administration called for a waiver on COVID-19 vaccine intellectual property patents at the World Trade Organization.
“Less than 2% of vaccines reached poor countries,” said Eric LeCompte, the Executive Director of the religious development organization Jubilee USA Network. Intellectual property rights prevent developing countries from making their own vaccines or accessing generic versions.
The IMF states that uneven vaccine access is a main cause of global economic uncertainty.