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international / economics and finance / press release Thursday April 22, 2021 22:35 by Zachary Conti
Financial decisions play a critical role in solving climate change, advocated Treasury Secretary Yellen during a US-hosted climate summit. More than 40 world leaders are attending the two-day virtual gathering convened by President Biden. Biden announced a new US target to halve fossil fuel emissions by 2030 and eliminate them by 2050. read full story / add a comment
international / economics and finance / press release Friday April 09, 2021 17:49 by Zachary Conti
The Development Committee, a ministerial-level consensus building and policymaking body for the World Bank and the IMF, met as part of the Spring IMF and World Bank Meetings. read full story / add a comment
international / economics and finance / press release Tuesday April 06, 2021 17:49 by Zachary Conti
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The IMF warns that rising US interest rates could impact the ability of developing countries to pay debt, leading to prolonged economic crisis. The warning comes ahead of IMF, G20 and World Bank meetings, with the Fund's release of the Global Financial Stability Report. read full story / add a comment
international / economics and finance / press release Tuesday April 06, 2021 15:08 by Zachary Conti
"The pandemic will reverse the progress made since the 1990s in reducing global poverty and will increase inequality," states the IMF in its flagship World Economic Outlook report. read full story / add a comment
international / economics and finance / press release Friday April 02, 2021 15:06 by Zachary Conti
Treasury notified Congress of its support for $650 billion in IMF global reserves, also known as Special Drawing Rights (SDRs), to assist developing countries struggling with the coronavirus crisis. US law requires a ninety-day advance alert to Congress before the US votes for SDRs with the IMF board. read full story / add a comment
international / economics and finance / press release Tuesday March 30, 2021 16:16 by Zachary Conti
International Monetary Fund head Kristalina Georgieva warned of an uncertain global recovery as the world struggles with the COVID spurred economic crisis. The IMF Managing Director stated concern that average incomes in developing countries faced drops of 20% and 11% in advanced economies. "This loss of income means millions of people will face destitution, homelessness, and hunger," reported Georgieva during her curtain raiser speech ahead of the Spring IMF and World Bank meetings. read full story / add a comment
international / economics and finance / press release Friday February 26, 2021 21:19 by Zachary Conti
G20 finance ministers met Friday to discuss global coronavirus response. The group endorsed continuing stimulus plans in wealthy countries and supporting plans to increase aid and vaccine access for developing countries. read full story / add a comment
international / economics and finance / press release Thursday February 25, 2021 21:11 by Zachary Conti
A UN experts report offers 14 recommendations to stop the loss of trillions in public revenues. The UN group argues that money lost to transnational crime, corruption and tax avoidance could be used to address the pandemic, poverty and climate change. read full story / add a comment
international / economics and finance / press release Wednesday February 24, 2021 21:27 by Zachary Conti
More than 215 organizations sent a letter to the G20 and IMF to issue $3 trillion in global reserves, known as Special Drawing Rights (SDRs). Spanning the globe, the signers argue that SDRs will help countries suffering from the coronavirus crisis and, "send a strong signal of renewed multilateral coordination..." read full story / add a comment
international / economics and finance / press release Monday January 25, 2021 14:20 by Zachary Conti
World leaders, including Pope Francis, UN General Secretary António Guterres and the IMF's Kristalina Georgieva, gather for a high-level climate summit hosted by the Netherlands through Tuesday. read full story / add a comment
international / economics and finance / news report Friday November 13, 2020 14:20 by Zachary Conti
G20 finance ministers held an extraordinary meeting and announced further plans on debt reduction for developing countries affected by the COVID-19 economic crisis. read full story / add a comment
international / economics and finance / press release Wednesday October 14, 2020 22:00 by Zach Conti
G20 finance ministers agreed to extend debt payment relief for the 73 poorest countries and, in principle, to have a common framework to cancel debts. The G20 Finance Ministers and Central Bank Governors met on global COVID-19 response plans ahead of the Annual IMF and World Bank Meetings. read full story / add a comment
international / economics and finance / press release Tuesday September 29, 2020 19:59 by Zach Conti
Presidents, prime ministers and world leaders focused on solutions for the global economic crisis spurred by the coronavirus at a virtual United Nations meeting. read full story / add a comment
international / economics and finance / press release Friday September 25, 2020 21:38 by Zach Conti
The G7 supports a process for debt cancellation for vulnerable countries, they announced this morning after Treasury convened a special Finance Ministers meeting. read full story / add a comment
international / economics and finance / press release Friday September 18, 2020 20:06 by Zachary Conti
The Federal Emergency Management Administration will award $13 billion in Puerto Rico disaster aid to rebuild the power grid and education facilities, announced the White House. The announcement comes near the three-year anniversary of Hurricane Maria slamming the island, taking 3000 lives and causing more than $100 billion in damage. read full story / add a comment
international / economics and finance / press release Tuesday September 08, 2020 20:19 by Zachary Conti
IMF Announces Access to Global "SDRs" Reserve read full story / add a comment
international / economics and finance / press release Wednesday August 19, 2020 14:53 by Zachary Conti, zach@jubileeusa.org
World Bank President David Malpass called for debt cancellation for poor countries struggling with the coronavirus, in an interview he gave to The Guardian. read full story / add a comment
international / economics and finance / press release Monday August 17, 2020 20:33 by Zachary Conti, zach@jubileeusa.org
Treasury Secretary Steven Mnuchin convened G7 Finance Ministers, the International Monetary Fund and the World Bank to coordinate responses to the COVID-19 pandemic. In April, the G7 supported the G20 to implement a plan to suspend debt payments for the 73 poorest countries in the world through 2020. read full story / add a comment
international / economics and finance / press release Saturday July 18, 2020 20:46 by Zach Conti, zach@jubileeusa.org
Chaired by Saudi Arabia, G20 Finance Ministers met virtually and focused on the global health and economic impacts of the coronavirus. A communiqué issued by the Ministers suggested most decisions on the crisis will be made later in the year. read full story / add a comment
international / economics and finance / press release Thursday July 16, 2020 22:00 by Zachary Conti, zach@jubileeusa.org
Ahead of Saturday's G20 Finance Minister meetings, a wide range of 213 organizations is pressing for more action to confront the global health and economic impacts of the coronavirus. The largest religious bodies in the United States and Africa were joined by the biggest labor unions, human rights, environmental and anti-poverty groups in letters sent to the G20, IMF and White House. read full story / add a comment |
UK Indymedia FeaturesTue May 02, 2017 01:55 UK Indymedia Features
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