Globalization/Anti-globalization

Dear Radio Friend,     This week's show features stories from Radio Deutsche-Welle, Radio Havana Cuba, and Sputnik Radio.http://www.outfarpress.com/swr200515.mp3   (If you have access to Audioport there is a highest quality version posted up there {33MB} http://www.audioport.org/index.php?op=producer-info&uid=904&nav=&)        From GERMANY- The Covid pandemic has tran

The US Conference of Catholic Bishops and Jubilee USA Network, an interfaith religious group, is urging President Trump to lead the G20 on coronavirus global debt relief plans. The groups argue debt relief immediately allows developing countries to bolster healthcare and survive economic crises."As the G20 considers a suspension of debt payments from the 76 poorest countries in the world, the United States can lead the world, again, in calling on wealthy countries, the G20, the IMF and World Bank, to suspend debt  payments for developing countries," wrote Bishop David J.

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. Ecuador's Congress also demanded its government stop paying debt."Countries need to prioritize fighting Covid-19 and billions can be freed up right away by halting debt payments," stated Eric LeCompte who leads the development group Jubilee USA and serves on United Nations debt expert groups.

Vatican - Pope Francis addressed a small group of Finance Ministers, the head of the IMF and noted economists urging the creation of new global debt and tax policies that can reduce inequality and end poverty."Pope Francis asserts that to live in a world with so much wealth, when there is so much poverty, is sinful," stated Eric LeCompte who leads the religious development group Jubilee USA. LeCompte serves on United Nations finance expert groups.