New Events

International

no events posted in last week

Blog Feeds

Anti-Empire

Anti-Empire

offsite link Ukraine Shoots Down F-16 With Patriot, A... Sat Aug 31, 2024 11:53 | Anti-Empire

offsite link Surprise Offensive Puts 300 km² of Russ... Fri Aug 09, 2024 08:44 | Marko Marjanović

offsite link The Wholesome Photo of the Month Thu May 09, 2024 11:01 | Anti-Empire

offsite link In 3 War Years Russia Will Have Spent $3... Thu May 09, 2024 02:17 | Anti-Empire

offsite link UK Sending Missiles to Be Fired Into Rus... Tue May 07, 2024 14:17 | Marko Marjanović

Anti-Empire >>

The Saker
A bird's eye view of the vineyard

offsite link Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz
Alternative site: https://thesaker.si/saker-a... Site was created using the downloads provided Regards Herb

offsite link The Saker blog is now frozen Tue Feb 28, 2023 23:55 | The Saker
Dear friends As I have previously announced, we are now “freezing” the blog.  We are also making archives of the blog available for free download in various formats (see below). 

offsite link What do you make of the Russia and China Partnership? Tue Feb 28, 2023 16:26 | The Saker
by Mr. Allen for the Saker blog Over the last few years, we hear leaders from both Russia and China pronouncing that they have formed a relationship where there are

offsite link Moveable Feast Cafe 2023/02/27 ? Open Thread Mon Feb 27, 2023 19:00 | cafe-uploader
2023/02/27 19:00:02Welcome 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 The stage is set for Hybrid World War III Mon Feb 27, 2023 15:50 | The Saker
Pepe Escobar for the Saker blog A powerful feeling rhythms your skin and drums up your soul as you?re immersed in a long walk under persistent snow flurries, pinpointed by

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTEs Sarah McInerney ? Fianna Fail supporter? Anthony

offsite link Joe Duffy is dishonest and untrustworthy Anthony

offsite link Robert Watt complaint: Time for decision by SIPO Anthony

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

Public Inquiry >>

Human Rights in Ireland
Promoting Human Rights in Ireland

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
© 2001-2024 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