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offsite link Strelkov: Russian Mil Can Not Replace Ru... Mon May 16, 2022 22:08 | Igor Strelkov

offsite link Russian Army Is Attempting to Fight a Ma... Mon May 16, 2022 18:09 | Michael Kofman

offsite link Russia Holds Over 1700 Documented Ukrain... Sun May 15, 2022 22:53 | Field Empty

offsite link What Could Ever Be More Truthful Than a ... Sat May 14, 2022 22:27 | Field Empty

offsite link There Has Been a Series of Ukrainian Com... Sat May 14, 2022 01:19 | Anti-Empire

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The Saker
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offsite link President of Russia Vladimir Putin: Meeting of the heads of state of the Collective Security Treaty ... Mon May 16, 2022 19:08 | amarynth
CSTO summit Taking part in the meeting, timed to coincide with the 30th anniversary of the Collective Security Treaty and the 20th anniversary of the organisation, were the heads of Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Tajikistan. The main focus of the summit was on key issues

offsite link Death by a thousand cuts: where is the west?s Ukraine strategy? Mon May 16, 2022 17:26 | amarynth
The pounding, daily western narratives on ‘Ukrainian wins’ and ‘Russian losses’ underpins the lack of an actual, cohesive Grand Strategy against Moscow. By Pepe Escobar, posted with the author’s permission

offsite link FM Sergey Lavrov?s remarks at the 30th Assembly of the Council on Foreign and Defence Policy Mon May 16, 2022 13:56 | amarynth
Moscow, May 14, 2022 Mr Lukyanov, Mr Karaganov, Colleagues, I am glad to be here again, at this anniversary assembly. Last time, we met in this room on October 2, 2021. But I

offsite link Sitrep Operation Z: Many Rumors and not enough Facts Mon May 16, 2022 12:27 | amarynth
For the Saker Blog by Saker Staff While battles are raging, factual reports are few.  This is fog of war and it is better not to report on the minutiae

offsite link Gonzalo Lira: Ukraine Soldiers Can?t Complain About Western Weapons Mon May 16, 2022 10:12 | amarynth

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Public Inquiry
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offsite link Fergus Finlay and the maternity hospital ‘gotcha’ trap

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offsite link RTE gives balance – accidentally? Anthony

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Human Rights in Ireland
A Blog About Human Rights

offsite link UN human rights chief calls for priority action ahead of climate summit Sat Oct 30, 2021 17:18 | Human Rights

offsite link 5 Year Anniversary Of Kem Ley?s Death Sun Jul 11, 2021 12:34 | Human Rights

offsite link Poor Living Conditions for Migrants in Southern Italy Mon Jan 18, 2021 10:14 | Human Rights

offsite link Right to Water Mon Aug 03, 2020 19:13 | Human Rights

offsite link Human Rights Fri Mar 20, 2020 16:33 | Human Rights

Human Rights in Ireland >>

IMF: Wealthy and Poor Countries Face COVID Economic Challenges

category international | economics and finance | press release author Wednesday October 13, 2021 15:25author by Comms Manager, olivia@jubileeusa.org - Jubilee USA Report this post to the editors

The IMF World Economic Outlook report lowered economic growth projections for wealthy and poor countries. The IMF forecasts 5.9% global economic growth.

The IMF World Economic Outlook report lowered economic growth projections for wealthy and poor countries. The IMF forecasts 5.9% global economic growth.

"What's most striking is that we are looking at economies declining both in wealthy and poor countries," said Eric LeCompte, the Executive Director of Jubilee USA Network. "Because the pandemic is impacting so many developing economies, the United States and other wealthy economies face supply shortages."

The IMF flagship report notes prolonged economic challenges while more than 96% of populations in low-income countries remain unvaccinated.

"The possibility of new COVID variants emerging is the biggest concern for the future of the global economy," added LeCompte. "Vaccines are a priority and proactive policies to deal with the global debt and health crises are essential for a return to sustainable economic growth."

Rising COVID infections and growing economic uncertainty are significant concerns according to a second IMF report released, the Global Financial Stability Report. The report warns of inflation concerns.

"Food prices are rising when too many countries struggle with economies in turmoil," shared LeCompte. "The highest food price increases are in countries where access to food is already a problem."

The IMF's stability report highlighted climate risks.

"One of the greatest threats to economic stability is the shocks that economies face due to climate change."

Read the Jubilee USA Statement on IMF World Economic Outlook Report here.
https://www.jubileeusa.org/jusa_ps_weo?utm_campaign=pr_weo_and_gfsr&utm_medium=email&utm_source=jubileeusa

Read the Jubilee USA Statement on Global Financial Stability Report here.
https://www.jubileeusa.org/jusa_ps_gfsr?utm_campaign=pr_weo_and_gfsr&utm_medium=email&utm_source=jubileeusa

Related Link: https://www.jubileeusa.org/pr_2021_imf_meetings
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