Globalization/Anti-globalization

As G20 Leaders Meet, US Supports Expanding Debt Relief for Countries that IMF Says are Left Out

Washington DC – As G20 presidents and prime ministers convene, the IMF warns some countries are left out of the G20's new debt reduction process. Last Friday, the United States Treasury stated support for extending debt relief beyond the initial 73 poor countries which qualify for the G20 debt reduction process."The United States realizes that more countries will need debt relief to get beyond the coronavirus economic crisis," stated Eric LeCompte, the executive director of the religious development group, Jubilee USA.

The Shortwave Report 05/29/20 Listen Globally!

Dear Radio Friend,     This week's show features stories from Sputnik Radio, Radio Havana Cuba, NHK Japan, and Radio Deutsche-Wellehttp://www.outfarpress.com/swr200529.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 RUSSIA-  On his progr

The Shortwave Report 05/15/20 Listen Globally!

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

IMF Spring Meetings driven online by virus on 20th anniversary of A16

Twenty years ago on the day this was written, the IMF and World Bank Spring Meetings were beseiged and shut down by betweenb 20,000 and 30,000 direct action protesters. Now the Spring Meetings have been driven to online venues by a different kind of siege: the coronavirus. Reports that the IMF and World Bank agreed to cancel all debts "owed" to them unfortunately turned out to be an online prank.

Video-A16 20 years later,now virus beseiges IMF 2 min 4 sec

Catholic Bishops Urge President Trump to Lead Global COVID-19 Debt Relief

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.

IMF Gold Reserves Can Provide Coronavirus Relief Says Development Group

Washington, DC - As the International Monetary Fund, G20 and world leaders consider urgent actions to confront the economic impacts of the coronavirus, a development group says IMF money is available to prevent crisis and support healthcare."We believe the Fund should take additional, deeper actions to expand debt relief, aid to the poorest countries in the world as well as offer greater relief to the so-called Middle Income Countries," wrote Jubilee USA Executive Director Eric LeCompte in a letter to the head of the IMF, Kristalina Georgieva.

Amidst Covid-19 Spread, IMF and World Bank Signal Debt Relief for Poor Countries

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.

The Shortwave Report 02/07/20 Listen Globally!

Dear Radio Friend,     This week's show features stories from Sputnik Radio, NHK Japan, Radio Deutsche-Welle, and Radio Havana Cubahttp://www.outfarpress.com/swr200207.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 RUSSIA- On his progra

Pope Francis and World Leaders Call for Inclusive Economy

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.

IMF Chief Warns of Financial Disaster Driven by Inequality

Washington DC - IMF Head Kristalina Georgieva warns of a return of the Great Depression driven by inequality and financial sector instability in a speech delivered at the Peterson Institute of International Economics.

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