New Events

International

no events posted in last week

Blog Feeds

The Saker
A bird's eye view of the vineyard

offsite link China Daily investigation: Who is behind Hong Kong protests? Sat Aug 17, 2019 17:47 | The Saker
The China Daily reports: By Wei Xinyan and Zhong Weiping It’s not hard to imagine the United States’ reaction if Chinese diplomats met leaders of Occupy Wall Street, Black Lives

offsite link South Africa ? Pretend Marxist Neo-Chiefs Practice Destructive Capitalism Sat Aug 17, 2019 16:46 | amarynth
A South African writer for The Saker Blog Let?s set the social scene with a video from Vesti News: People are getting accustomed to living this way. The Neo-Chiefs in

offsite link Moveable Feast Cafe 2019/08/17 ? Open Thread Sat Aug 17, 2019 01:30 | Herb Swanson
2019/08/17 00:30:02Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link Excuses From NATO! Command Claims They Had No Idea Shoygu Was Flying From Kaliningrad! Fri Aug 16, 2019 19:04 | The Saker

offsite link Shoigu?s Ships Will Be Sent to Venezuela! Moscow Signs Warship Treaty With Caracas! Fri Aug 16, 2019 19:03 | The Saker

The Saker >>

Human Rights in Ireland
A Blog About Human Rights

offsite link Saudi Human Rights Violation Fri Aug 09, 2019 20:41 | Human Rights

offsite link China?s LGBT Community Mon Apr 15, 2019 19:19 | Human Rights

offsite link Declaration of Human Rights at Sea Mon Apr 08, 2019 07:31 | Human Rights

offsite link NZ Watchdog On Limits Of Free Speech Thu Mar 28, 2019 11:44 | Human Rights

offsite link US Abortion Restrictions Violating The Human Rights Of Women Thu Mar 14, 2019 15:33 | Human Rights

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link 1989 revisited: 18 August ? Jaruzelski agrees to Solidarity government 12:59 Sun Aug 18, 2019 | WorldbyStorm

offsite link Arranmore drones 12:49 Sun Aug 18, 2019 | WorldbyStorm

offsite link Troubles ?tourism?? 11:46 Sun Aug 18, 2019 | WorldbyStorm

offsite link Sunday and the Week?s Media Stupid Statements 08:37 Sun Aug 18, 2019 | WorldbyStorm

offsite link Moon Landing Redux 12:45 Sat Aug 17, 2019 | WorldbyStorm

Cedar Lounge >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Some Thoughts on the Brexit Joint Report 11:50 Sat Dec 09, 2017

offsite link IRISH COMMONWEALTH: TRADE UNIONS AND CIVIL SOCIETY IN THE 21ST CENTURY 14:06 Sat Nov 18, 2017

offsite link Notes for a Book on Money and the Irish State - The Marshall Aid Program 15:10 Sat Apr 02, 2016

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

Dublin Opinion >>

IMF Says Global Economy Faces a "Delicate Moment"

category international | elections / politics | press release author Tuesday April 09, 2019 19:54author by Jubilee USA Network Report this post to the editors

As world leaders, finance ministers, business leaders and development groups gather for the Spring International Monetary Fund and World Bank meetings, the IMF raises fresh concerns about the global economy. The IMF releases the biannual World Economic Outlook Report noting a slowdown in global growth and focusing on economic challenges that include unsustainable debt, trade tensions and the impact of natural disasters on the financial system.

Washington DC - As world leaders, finance ministers, business leaders and development groups gather for the Spring International Monetary Fund and World Bank meetings, the IMF raises fresh concerns about the global economy. The IMF releases the biannual World Economic Outlook Report noting a slowdown in global growth and focusing on economic challenges that include unsustainable debt, trade tensions and the impact of natural disasters on the financial system.

"For several years now, the IMF continues to raise concerns over possible financial crisis and economic stability," noted Jubilee USA Executive Director Eric LeCompte, who tracked IMF meetings and reports for the last 10 years. "While the IMF downplays the possibility of a recession, the IMF analysis argues we could see another recession if we don't address risky behavior, trade tensions and debt concerns."

The IMF report forecasts a downturn in 2019 economic growth from 3.6 percent to 3.3 percent. With heightened concerns of looming debt crises, the IMF joined Jubilee USA and other debt watchdogs to host a major high-level event for meeting attendees on Wednesday, "Tackling the Next Wave of Sovereign Debt Crises." On Friday, Jubilee USA moderates a discussion of Latin American and African groups releasing new reports on debt, "Dealing with Sovereign Debt Distress: Case Studies, Causes and Solutions."

"If we are going to prevent the next financial crisis, we need stronger international and national policies to deal with debt problems, stop risky financial behavior and promote tax and transparency policies that can raise revenue," stated LeCompte.

Jubilee USA Network is an alliance of more than 75 US organizations and 650 faith communities working with 50 Jubilee global partners. Jubilee USA builds an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA wins critical global financial reforms and won more than $130 billion in debt relief to benefit the world's poorest people.

www.jubileeusa.org

© 2001-2019 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy