Newswire

"Real People Real Relief" hold symbolic march on Capitol for covid relief

On the 25th of February, the "Real People Real Relief" rally demanded Congress pass a covid relief bill that benefits working class people, migrants, and people of color. A key demand was that the $15 an hour minimum wage NOT be dropped from the bill. The event climaxed with a symbolic march to the razor-wire topped fence around the US Capitol.

Video-marching on the Capitol 2 min 26 sec

Marching to the Capitol for covid relief. Fence is at edge of Mall prior to 3ed St

International Cooperation Can Fight Corruption and Stop Tax Evasion, Say UN Experts

A UN experts report offers 14 recommendations to stop the loss of trillions in public revenues. The UN group argues that money lost to transnational crime, corruption and tax avoidance could be used to address the pandemic, poverty and climate change.

“The lack of transparency in the financial system impacts the vulnerable and our planet,” stated Eric LeCompte, the Executive Director of the religious development group Jubilee USA Network. “Capturing the trillions in lost revenue is an important way to fight the pandemic and economic crises that countries face.”

Treasury Secretary Announces Support for Global Reserve Access, Debt Relief and Tackling Climate Change

In a letter to the G20, Treasury Secretary Janet Yellen expressed support for the G20 to determine a process for how global reserve funds (Special Drawing Rights) could be deployed to help low-income countries.

More than 215 Groups Call on G20 to Access $3 Trillion in Global Reserve Funds for Developing Countries

More than 215 organizations sent a letter to the G20 and IMF to issue $3 trillion in global reserves, known as Special Drawing Rights (SDRs). Spanning the globe, the signers argue that SDRs will help countries suffering from the coronavirus crisis and, "send a strong signal of renewed multilateral coordination..."

Catholic Bishops and Jubilee USA Network Ask Biden for Global COVID Aid and Debt Relief

 $3 Trillion in Global Reserve Funds Should be Released to Support Developing Countries, Encourage Faith Leaders

The Biden Administration should support the release of $3 trillion in global reserve funds to support developing countries confront the COVID pandemic, say the US Catholic Bishops and Jubilee USA Network in a letter to President Biden. The letter also encourages the G20 and private groups to cancel debts for suffering developing countries, stopping tax avoidance, increasing aid and creating a permanent global bankruptcy process to prevent future economic crises.

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