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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

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The Saker
A bird's eye view of the vineyard

offsite link Moveable Feast Cafe 2023/02/06 ? Open Thread Mon Feb 06, 2023 22:00 | cafe-uploader
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offsite link Why Shinzo Abe Was Assassinated: Towards a ?United States of Europe? and a League of Nations Mon Feb 06, 2023 20:48 | The Saker
By Cynthia Chung for the Saker blog As already discussed in my paper ?Is Japan Willing to Cut its Own Throat in Sacrifice to the U.S. Pivot to Asia??, to

offsite link How can we stay in touch? (a repeat and summary) Mon Feb 06, 2023 17:25 | The Saker
Dear friends, The tsunami of emails expressing their support and understanding has not abated at all!  Many also express sadness, which I very much share.  For me the blog was

offsite link Ukrainian refugees are becoming a burden to the Baltic states Mon Feb 06, 2023 16:40 | The Saker
by Batko Milacic for the Saker blog Every conflict, including this one in Ukraine, always leads to refugees. Considering the size of Ukraine, it is not surprising that a large

offsite link Pontius Pilate in the White House: The US, the Ukraine, China, Russia and Russian Orthodox Prophecie... Sun Feb 05, 2023 21:54 | The Saker
By Batiushka for the Saker blog Foreword The second half of this essay replies to a commentator who has written: ?Batiushka, let us know how to read your prophecies?. Here

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

offsite link Formal complaint against Robert Watt Anthony

offsite link RTE bias complaint Anthony

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

Public Inquiry >>

Voltaire Network
Voltaire, international edition

offsite link Voltaire International Newsletter N°26 Sat Feb 04, 2023 05:43 | en

offsite link EU mulls ways to censor Russian views Thu Feb 02, 2023 04:34 | en

offsite link Zelensky's sponsor and Hunter Biden fall from grace Wed Feb 01, 2023 03:30 | en

offsite link Two perceptions of the war in Ukraine, by Thierry Meyssan Tue Jan 31, 2023 07:03 | en

offsite link Pfizer modified Covid virus ahead of pandemic Mon Jan 30, 2023 13:28 | en

Voltaire Network >>

The Fed and Central Banks Seek Cure for COVID-hit Economy

category international | politics / elections | press release author Thursday August 27, 2020 19:59author by Zach Conti, zach@jubileeusa.org - Jubilee USA Report this post to the editors

On August 27 and 28, the US Federal Reserve and other government central banks meet for their annual retreat.

On August 27 and 28, the US Federal Reserve and other government central banks meet for their annual retreat. Traditionally held in the picturesque location of Jackson Hole, Wyoming, this year the meeting will take place virtually under the theme “Navigating the decade ahead: Implications for monetary policy.”

“Government banks are grappling with a global economy projected to worsen,” said Eric LeCompte, the Executive Director of Jubilee USA Network. “The meeting will give us a view of what role central bankers wish to play in the battle against the economic impacts of the coronavirus.”

The global economy is expected to contract by almost 5%. Emerging market and developing economies already held historically high levels of debt before the COVID-related crisis. Latin America is expected to contract about 10%.

These economic forecasts translate to United Nations projections that poverty will increase for the first time in 20 years. Ultimately, more than 130 million people will fall into extreme poverty during the next decade.

“The fate of the economy and global poverty levels are intertwined,” said LeCompte.

Jubilee USA Network is an alliance of more than 75 US organizations and 750 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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Related Link: https://www.jubileeusa.org/the_fed_and_central_banks_seek_cure_for_covid_hit_economy
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