Labor/Economics/Business

White House Hosts Democracy Summit and Highlights Global Anti-Corruption Commitments

Treasury Releases Draft Rule Improving Transparency for "Anonymous" Shell Companies

More than 100 leaders showcase initiatives to counter dictatorships, fight corruption and promote human rights at a virtual summit the White House hosts December 9-10.

Social Justice and climate groups blockade much of Capitol Hill in AM Rush Hour

On Dec 7, 2021 social justice and climate groups launched waves of blockaders against AM rush hour traffic near the US Capitol. Cops managed to pre-empt Extinction Rebellion DC's boat, only to get Code Pink's Peace Tank blocking Independence Ave anyway. Other blockades hit Penn Ave NW and SE, Mass Ave NE, and there was even a report on radio of traffic issues near the White House.

Video-cops pre-empt the boat, but other blockades set up all over Capitol Hill while they do 2 min 22 sec

Cops paid too much attention to this XRDC boat, a costly mistake for them

Poor Peoples Campaign and CASA descend on Supreme Court, Capitol Hill

On the 27th of October, first the Poor People's Campaign (PPC) and then Casa staged protests at the Supreme Court. After PPC marched to the Hart Building for a failed attempt to deliver letters, Casa's activists marched on the same area between the Capitol and the Supreme Court and blocked 1st st NE. In response a torrent of bike cops showed up, seemingly the standard Capitol Police response to ANYTHING.

Video-Ton of bike cops on 1st after CASA's blockade for migrant rights 37 sec

Scene at the Supreme Court after Casa's action blocked the street in front of the Supreme Court

The Shortwave Report 10/08/21 Listen Globally!

This week's show features stories from  France 24, Radio Havana Cuba, NHK Japan, and Sputnik Radio.http://www.outfarpress.com/swr211008.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 FRANCE- I wanted to find a story with details about what is in the P

IMF Urges Wealthy Countries to Send COVID Aid to Poor Countries

FOR IMMEDIATE RELEASE
October 4, 2021

Available for interview: Eric LeCompte, Executive Director
Contact: Olivia Engling, Communications and Operations Manager
olivia@jubileeusa.org / (202) 709-7696 

IMF Urges Wealthy Countries to Send COVID Aid to Poor CountriesCountries Can Donate Special Drawing Rights, an Emergency IMF Currency

Treasury Secretary Yellen Encourages Tax and Aid Deals to Confront Pandemic

Improving tax collection raises needed resources for countries, noted Treasury Secretary Yellen at a virtual G7 finance ministers meeting. Yellen praised a July G20 agreement to curb corporate tax avoidance. The agreement is supported by 134 countries.

IMF Approves $650 Billion in Emergency Currency to Combat Pandemic

The IMF Board of Governors convened a special virtual session for final approval of US $650 billion in emergency reserve currency or Special Drawing Rights (SDRs). Countries will receive their share of Special Drawing Rights on August 23rd.

IMF Extends Zero-Interest Lending to Poor Countries

The IMF announced increased zero-interest lending for poor countries. IMF member countries further committed to investigate additional options to extend pandemic aid through 2029, including the selling of IMF gold reserves.

“Poor countries need more support to confront the health and economic devastation caused by the coronavirus,” said Eric LeCompte, Executive Director of the religious development group Jubilee USA Network. "While the IMF action is helpful, it still falls short of delivering the support developing countries need." 

Jubilee USA Statement on G20 Finance Ministers Meeting and Communiqué

G20 finance ministers and central bank governors met in Venice, Italy, on COVID response, economic recovery, vaccines, debt relief and global tax agreements on July 9-10, 2021.

Eric LeCompte, Executive Director of the religious development organization Jubilee USA Network and a United Nations finance expert, releases the following statement on the G20 finance ministers meeting and communiqué:

“While the G20 is making critical progress in many COVID response areas, vaccine distribution and production is not moving quickly enough.

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