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international / economics and finance / press release Tuesday February 05, 2019 18:41 by JubileeUSA Network
Judge Laura Taylor Swain approved a deal to restructure $17 billion of Puerto Rico's $72 billion debt on Monday. Court approval was the last hurdle creditors and the island's oversight board needed for a plan to address sales tax backed debt or "COFINA" debt. read full story / add a comment
international / economics and finance / press release Friday January 18, 2019 18:11 by Kate Zeller
On Thursday, Judge Laura Taylor Swain delayed approval of a $17 billion debt deal between Puerto Rico "COFINA" creditors and the island's oversight board. read full story / add a comment
international / economics and finance / press release Wednesday January 16, 2019 21:18 by Kate Zeller
Through Thursday, the judge presiding over Puerto Rico's bankruptcy process will hear testimony about a debt deal to restructure about $17 billion of the island's $72 billion debt. read full story / add a comment
international / economics and finance / press release Friday July 27, 2018 19:28 by Lydia Andrews
This week the US Department of Education proposed new student "borrower defense" rules. read full story / add a comment
international / economics and finance / press release Wednesday July 25, 2018 18:56 by Lydia Andrews
New Senate legislation offers additional options for Puerto Rico to cut its debt. Senators Elizabeth Warren (D-MA), Bernie Sanders (I-VT), Kirsten Gillibrand (D-NY), Ed Markey (D-MA) and Kamala Harris (D-CA) introduced the US Territorial Relief Act. If Congress passes the act, US Territories that experience natural disasters could qualify for debt relief. read full story / add a comment
international / economics and finance / press release Friday July 20, 2018 19:29 by Lydia Andrews
The US Treasury is calling for greater scrutiny into the use of "anonymous" shell companies. Last week, Treasury Secretary Steven Mnuchin urged Congress to quickly pass legislation to make the identity of shell company owners available to law enforcement. read full story / add a comment
international / economics and finance / press release Friday June 22, 2018 22:17 by Lydia Andrews
European Finance Ministers endorse a new Greece debt agreement that provides financing in exchange for maintaining austerity policies and economic reforms. read full story / add a comment
international / economics and finance / press release Friday June 01, 2018 19:28 by Lydia Andrews
Washington DC - On the first day of the 2018 hurricane season, G7 Finance and Development Ministers are reviewing proposals for debt relief and “innovative financing” when islands are hit by natural disasters. Also focusing on empowering women in the economy, the group meets in Whistler, Canada, through Sunday. These meetings will help prepare outcomes for the upcoming G7 Ministerial meeting that President Trump attends later in June. read full story / add a comment
international / economics and finance / press release Friday May 18, 2018 01:38 by Lydia Andrews
The Vatican released an official assessment on global economics entitled, "‘Oeconomicae et pecuniariae quaestiones" or "Considerations for an ethical discernment regarding some aspects of the present economic-financial system." The document calls for improvements in global finance policies on debt resolution, taxation, financial crisis prevention and transparency. read full story / add a comment
international / economics and finance / press release Tuesday April 24, 2018 20:47 by Jubilee USA
Officials from governments, the IMF, World Bank, the private sector and NGOs meet this week at the United Nations for the Financing for Development (FFD) Forum. read full story / add a comment
international / economics and finance / press release Friday January 19, 2018 19:05 by Lydia C. Andrews
As the Senate and White House struggle to avert a government shutdown, US disaster victims from Puerto Rico to Texas worry a deal on relief and recovery aid will continue to be delayed. read full story / add a comment
national / economics and finance / press release Monday December 04, 2017 20:25 by ddci
New report analyses developments across Europe and finds: European governments are leading a race to the bottom which will see average global corporate tax rates hit zero by 2052. A detailed analysis of 17 EU member states and Norway reveals 12 governments have either just cut their corporate tax rate, or are planning to do so in the near future. Ireland receives a 'red card' in the report, as one of only two countries to receive all red in a traffic light ranking scoring a number of measures identified by civil society as key steps to bring an end to tax dodging. Half the countries analysed, including Ireland, are found to have harmful tax practices, which can be used by multinational corporations to avoid taxation. read full story / add a comment
international / economics and finance / press release Thursday November 30, 2017 22:07 by Lydia Andrews
As the Senate pushes tax reform, the head of a religious development group expressed concern over parts of the House and Senate proposals that could harm low income people in the United States and people in the developing world. read full story / add a comment
national / economics and finance / press release Tuesday October 24, 2017 23:21 by pbp
The Irish banks are repeat criminal offenders. Back in the 1980’s, the banks helped thousands of wealthy customers to avoid their taxes in what became known as the DIRT scandal. Brian O'Boyle writes. The DIRT scandal involved bank managers telling staff to pretend their customers were living overseas. AIB were particularly guilty of this offence eventually paying €90 million back to the Revenue Commissioners. Even when they were caught the banks illegally moved tens of millions of pounds to the Isle of Man and the Channel Islands. read full story / add a comment
international / economics and finance / news report Sunday October 22, 2017 23:49 by Kate Zeller
More than 130 faith communities across the United States are praying and acting for hurricane victims during religious services this weekend. read full story / add a comment
international / economics and finance / press release Friday October 13, 2017 16:36 by Abby Wilhelm
The International Monetary Fund (IMF) and World Bank begin their annual meetings which run between October 13th and 15th. read full story / add a comment
international / economics and finance / press release Wednesday October 11, 2017 15:39 by Abby Wilhelm
The International Monetary Fund (IMF) releases its biannual report on global economic stability and presents new indicators it says can help predict financial crisis. read full story / add a comment
international / economics and finance / press release Wednesday October 04, 2017 16:25 by Abby Wilhelm
In an interview with Fox News on Tuesday, President Trump called for Puerto Rico's debt to be wiped out. read full story / add a comment
international / economics and finance / press release Tuesday October 03, 2017 20:07 by Abby Wilhelm
As President Trump visits Puerto Rico and the US Virgin Islands, island religious leaders are calling for aid, debt relief and measures to end child poverty. The statement is issued by San Juan's Catholic Archbishop, Roberto González Nieves, St. Thomas' Catholic Bishop Herbert A. Bevard and Evangelical Bible Society Head Reverend Heriberto Martínez. read full story / add a comment
international / economics and finance / press release Tuesday September 19, 2017 18:22 by Abby Wilhelm
Caribbean islands recovering from Hurricane Irma, now confront Hurricane Maria. read full story / add a comment |
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