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The Saker
A bird's eye view of the vineyard

offsite link Moveable Feast Cafe 2019/10/22 ? Open Thread Tue Oct 22, 2019 04:00 | Herb Swanson
2019/10/22 03:00:01Welcome 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 Stand with Tulsi against Clinton?s new McCarthyism and warmongering Mon Oct 21, 2019 21:52 | The Saker

offsite link Western central bankers: they?re God, they trust ? a 10-part series on the QE economy Mon Oct 21, 2019 19:40 | The Saker
by Ramin Mazaheri for The Saker Blog It?s not that the West?s central bankers are infallible ? the similarity is that they cannot be held accountable. After all – who

offsite link Clarifying the Islamic Republic?s stance on Moscow-Tehran relations Sun Oct 20, 2019 23:42 | The Saker
By Aram Mirzaei for The Saker Blog This article is partially written in response to The Saker’s analysis on the IRGC?s arrest of Russian journalist Iulia Iuzik. In his analysis,

offsite link Bolivia at Crossroads ? Choosing Between Continued Success or Handover to US Hegemony Sun Oct 20, 2019 21:42 | The Saker
by Peter Koenig for The Saker Blog ?I don?t want to be the best President in the history of Bolivia, I want to be the President of the best Bolivia

The Saker >>

Human Rights in Ireland
A Blog About Human Rights

offsite link US Holds China To Account For Human Rights Violations Sun Oct 13, 2019 19:12 | Human Rights

offsite link UN Human Rights Council Should Address Human Rights Crisis in Cambodia Sat Aug 31, 2019 13:41 | Human Rights

offsite link Fijian women still face Human Rights violations Mon Aug 26, 2019 18:49 | 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

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link Some belated steps forward 07:34 Tue Oct 22, 2019 | WorldbyStorm

offsite link Peace in Our Time: Today?s the Day! Perhaps. 06:45 Tue Oct 22, 2019 | WorldbyStorm

offsite link Independent Left on Brexit 11:57 Mon Oct 21, 2019 | WorldbyStorm

offsite link Confusion on an historic scale 10:57 Mon Oct 21, 2019 | WorldbyStorm

offsite link Double voting 09:00 Mon Oct 21, 2019 | guestposter

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

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