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Anti-Empire

offsite link This Site Will Soon Be Hosted at anti-em... Sun Sep 22, 2024 17:24 | Anti-Empire

offsite link Ukraine Shoots Down F-16 With Patriot, A... Sat Aug 31, 2024 11:53 | Anti-Empire

offsite link Surprise Offensive Puts 300 km² of Russ... Fri Aug 09, 2024 08:44 | Marko Marjanović

offsite link The Wholesome Photo of the Month Thu May 09, 2024 11:01 | Anti-Empire

offsite link In 3 War Years Russia Will Have Spent $3... Thu May 09, 2024 02:17 | Anti-Empire

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Human Rights in Ireland
Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link Starmer Hands Chagos Islands to China-Ally Mauritius Thu Oct 03, 2024 14:03 | Will Jones
Keir Starmer has given up the Chagos Islands, handing the Indian Ocean territory to China-ally Mauritius after 200 years of British rule.
The post Starmer Hands Chagos Islands to China-Ally Mauritius appeared first on The Daily Sceptic.

offsite link Dawn Butler?s Black History Month Poem About Being ?The Chosen One? Says Everything You Need to Know... Thu Oct 03, 2024 11:47 | Steven Tucker
Dawn Butler's Black History Month poem about being "The Chosen One" says everything you need to know about this whole fake festival of institutionalised anti-whiteness, says Steven Tucker.
The post Dawn Butler’s Black History Month Poem About Being “The Chosen One” Says Everything You Need to Know About This Whole Fake Festival of Institutionalised Anti-Whiteness appeared first on The Daily Sceptic.

offsite link Massive Electricity Price Rises Expected as National Grid Confirms Gas is the Only Back-Up for Inter... Thu Oct 03, 2024 09:00 | Chris Morrison
Massive electricity price rises are expected as National Grid confirms that gas is the only planned back-up for intermittent renewable energy, placing Britain at the mercy of global price spikes, says Chris Morrison.
The post Massive Electricity Price Rises Expected as National Grid Confirms Gas is the Only Back-Up for Intermittent Renewables appeared first on The Daily Sceptic.

offsite link In Episode 16 of the Sceptic: Charlotte Gill on Labour?s Love for Hope Not Hate, Freddie Attenboroug... Thu Oct 03, 2024 07:00 | Richard Eldred
In episode 16 of the sceptic: Charlotte Gill on Labour's links to Hope Not Hate, Freddie Attenborough on the free speech fightback in Ireland, David Turver on Ed Miliband's green cronyism and more.
The post In Episode 16 of the Sceptic: Charlotte Gill on Labour?s Love for Hope Not Hate, Freddie Attenborough on the Irish Free Speech Fightback and David Turver on Ed Miliband?s Green Cronyism appeared first on The Daily Sceptic.

offsite link News Round-Up Thu Oct 03, 2024 00:44 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

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Voltaire Network
Voltaire, international edition

offsite link Voltaire, International Newsletter N°101 Mon Sep 30, 2024 05:29 | en

offsite link Voltaire, international news 2023 Sun Sep 29, 2024 15:20 | en

offsite link Is the proposed ceasefire in Lebanon US-French or Israeli? Fri Sep 27, 2024 15:36 | en

offsite link Cognitive warfare in the West, by Thierry Meyssan Tue Sep 24, 2024 06:56 | en

offsite link Russia arms Ansar Allah against Israel in response to U.S. arming of Ukraine Fri Sep 20, 2024 11:41 | 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.

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