Newswire

The Shortwave Report 04/09/21 Listen Globally!

Submitted by Anonymous on Thu, 04/08/2021 - 19:29

This week's show features stories from Spanish National Radio, NHK Japan,  Sputnik Radio, Radio Havana Cuba, and Radio Deutsche-Welle.http://www.outfarpress.com/swr210409.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 SPAIN- Protests gr

Civil Liberites/Constitution
Elections/Legislation/Government
Environment/Food/Health
Foreign Policy/Imperialism
Media
Military/Weapons
World Uprisings

Jubilee USA Statement on World Bank and IMF Annual Meetings and IMFC Communiqué

Submitted by HannahJubilee on Thu, 04/08/2021 - 12:37

World leaders, finance ministers, heads of corporations and development groups are meeting virtually for the World Bank and IMF Spring Meetings. The International Monetary and Financial Committee (IMFC), the IMF policymaking body, discussed policy responses to the global COVID-19 economic crisis, including tax, aid, vaccines, Special Drawing Rights and debt processes to support developing countries.

Labor/Economics/Business
Poverty

Commentary: effect of DC's decade of IMF protest on current IMF/World Bank policy

Submitted by Luke on Wed, 04/07/2021 - 14:02

On the 5th of April, Jubilee USA reported that the IMF has agreed to suspend "debt" repayments during the pandemic from 28 of the world's poorest countries. While this falls far short of the original and ongoing demand of full debt cancelllation, there is no way the pre-A16/April 2000 IMF and World Bank would have done this. A decade of protests mostly in DC came in between.

Globalization/Anti-globalization

260 Faith, Labor and Development Groups Press IMF, G20 and White House on COVID Response

Submitted by HannahJubilee on Wed, 04/07/2021 - 11:05

As G20, IMF and World Bank Spring Meetings convene virtually on global COVID response, 260 groups call for developing country aid and policies to prevent future crises and protect the environment.

Organized by Jubilee USA Network, 260 religious groups, anti-poverty organizations, labor unions, environmental and human rights institutions signed a letter on coronavirus crisis response to the White House, G20 and IMF. 

Labor/Economics/Business
Poverty

IMF: Indebted Countries Suffer if US Interest Rates Rise

Submitted by HannahJubilee on Tue, 04/06/2021 - 12:43

The IMF warns that rising US interest rates could impact the ability of developing countries to pay debt, leading to prolonged economic crisis. The warning comes ahead of IMF, G20 and World Bank meetings, with the Fund's release of the Global Financial Stability Report.

“Except for Zambia, all countries that defaulted over the last year were middle-income countries,” said Eric LeCompte, the Executive Director of the religious development organization Jubilee USA Network. “Unfortunately, developing middle-income countries are not included in IMF and G20 debt relief solutions."

Labor/Economics/Business
Poverty

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