New Events

International

no events posted in last week

Blog Feeds

Anti-Empire

Anti-Empire

offsite link Ukraine Buys Huge Amounts of Russian Fue... Fri Jan 20, 2023 08:34 | Antonia Kotseva

offsite link Turkey Has Sent Ukraine Cluster Munition... Thu Jan 12, 2023 00:26 | Jack Detsch

offsite link New Israeli Government Promises to Talk ... Tue Jan 10, 2023 21:13 | Al Majadeen

offsite link Russia Training Iranian Pilots Ahead of ... Tue Jan 10, 2023 15:19 | The Times of Israel

offsite link Lukashenko Abolishes Copyright Protectio... Tue Jan 10, 2023 15:05 | Nikki Main

Anti-Empire >>

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 >>

Lockdown Skeptics

The Daily Sceptic

offsite link EXCLUSIVE: A Third of U.K. Met Office Temperature Stations May Be Wrong by Up to 5°C, FOI Reveals Fri Mar 01, 2024 07:00 | Chris Morrison
A third of U.K. Met Office temperature stations have 'junk status' and may be wrong by up to 5°C, an FOI reveals. A further almost 50% are 'near junk' and may be out by 2°C.
The post EXCLUSIVE: A Third of U.K. Met Office Temperature Stations May Be Wrong by Up to 5°C, FOI Reveals appeared first on The Daily Sceptic.

offsite link News Round-Up Fri Mar 01, 2024 00:22 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the virus and the vaccines, the ?climate emergency? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link Climate Change is Bigger Existential Threat Than Nuclear Holocaust, Says Biden Thu Feb 29, 2024 18:04 | Richard Burcik
What's the bigger existential threat to humanity, climate change or nuclear holocaust? Biden says climate change, Trump disagrees. Richard Burcik looks at the facts.
The post Climate Change is Bigger Existential Threat Than Nuclear Holocaust, Says Biden appeared first on The Daily Sceptic.

offsite link How Sweden Proved the World Wrong About Lockdown Thu Feb 29, 2024 15:24 | Will Jones
Two Swedish researchers from Lund University have shown once again that Sweden proves the world wrong about lockdown, publishing their research in the journal Economic Affairs.
The post How Sweden Proved the World Wrong About Lockdown appeared first on The Daily Sceptic.

offsite link Stonewall Funded Church of England Guidance that Said Primary Schoolchildren Can be Transgender Thu Feb 29, 2024 13:00 | Will Jones
Church of England guidance telling primary schools that children as young as five can be transgender was funded by Stonewall, it has emerged.
The post Stonewall Funded Church of England Guidance that Said Primary Schoolchildren Can be Transgender appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network
Voltaire, international edition

offsite link The European Union against farmers, by Thierry Meyssan Tue Feb 27, 2024 06:58 | en

offsite link The Silence of the Guilty, by Manlio Dinucci Mon Feb 26, 2024 13:24 | en

offsite link Thierry Meyssan's interview with the Serbian daily Ve?ernje Novosti, by Thierry ... Mon Feb 26, 2024 05:29 | en

offsite link Ukraine at the heart of the Munich Security Conference Sat Feb 24, 2024 03:57 | en

offsite link Voltaire, International Newsletter N°75 Fri Feb 23, 2024 12:31 | en

Voltaire Network >>

"Amid Exceptional Uncertainty" IMF Projects Growth for Rich Countries, Challenges for Developing Countries

category international | politics / elections | press release author Tuesday January 26, 2021 19:39author by Zachory Conti - Jubilee USA Network Report this post to the editors

The International Monetary Fund released projections on the world economy as countries continue to wrestle with the coronavirus.

The International Monetary Fund released projections on the world economy as countries continue to wrestle with the coronavirus. The Fund's World Economic Outlook Update projects 5.5% global growth in 2021, while noting developing countries face growing problems.

"While the IMF is uncertain in its predictions, it's clear that the developing world is mired in severe challenges due to high debts, few financial resources and lack of access to vaccines," stated Jubilee USA Executive Director Eric LeCompte who has reviewed IMF economic reports for more than a decade.

The update to the IMF's flagship report notes that global growth mostly benefits wealthy and advanced economies. The analysis notes that many developing countries will need debt relief and access to liquidity to get through the crisis.

"Developing countries desperately need debts reduced and access to new financial resources," shared LeCompte, a United Nations finance expert. "In order for people to survive this crisis in the developing world, we need to authorize the use of global reserve funds or what's called Special Drawing Rights."

Special Drawing Rights are likened to a type of emergency currency that the IMF can generate when countries face liquidity challenges.

The IMF raised several cautions about economic projections, including how new strains of the coronavirus could push economic downturns.

Read the latest IMF World Economic Outlook Update here.

© 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