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offsite link North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

offsite link Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?

offsite link Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?

offsite link ?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?

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Human Rights in Ireland
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Lockdown Skeptics

The Daily Sceptic

offsite link The Ban on Lucy Connolly Seeing Her Family Must Have Come From Higher Up Tue Apr 08, 2025 07:00 | David Shipley
The ban on Lucy Connolly being permitted temporary release from jail to see her young daughter and sick husband is unprecedented, says David Shipley. Even murderers get that. The instruction must have come from higher up.
The post The Ban on Lucy Connolly Seeing Her Family Must Have Come From Higher Up appeared first on The Daily Sceptic.

offsite link News Round-Up Tue Apr 08, 2025 00:50 | 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.

offsite link Northern Ireland Shows Where England is Headed Mon Apr 07, 2025 19:00 | Sallust
The British state has a long history of appeasing the noisiest troublemakers in Northern Ireland and it's a policy now being pursued with equally deplorable results in relation to Islam, says Ruth Dudley Edwards.
The post Northern Ireland Shows Where England is Headed appeared first on The Daily Sceptic.

offsite link Net Zero Pylon Plans Could Cause ?Mass Social Unrest? Mon Apr 07, 2025 17:28 | Will Jones
Net Zero plans to erect pylons across rural Wales could cause "mass social unrest", an energy company has been warned.
The post Net Zero Pylon Plans Could Cause “Mass Social Unrest” appeared first on The Daily Sceptic.

offsite link Britain?s War on Free Speech Mon Apr 07, 2025 15:08 | Andrew Doyle
In authoritarian Britain, police are arresting more than 12,000 people each year for words that cause offence ? over 30 arrests per day. Andrew Doyle has compiled a list of some of the state's known victims.
The post Britain’s War on Free Speech appeared first on The Daily Sceptic.

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Voltaire Network
Voltaire, international edition

offsite link Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en

offsite link Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en

offsite link Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en

offsite link Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en

offsite link The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en

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Global Growth Remains Low Amidst Debt Concerns, War and Inflation, Says IMF

category international | economics and finance | press release author Thursday April 06, 2023 21:05author by Jubilee USA Network Report this post to the editors

Global Growth Remains Low Amidst Debt Concerns, War and Inflation, Says IMF

The challenges to the global economy and slow economic growth will continue this year, said IMF Managing Director Kristalina Georgieva. Delivering her traditional “curtain raiser” speech before the opening of the IMF and World Bank Spring meetings, she anticipated a 3% growth this year, below 3.4% last year.

“The IMF is reporting bad news for wealthy and poor countries,” said Eric LeCompte, Executive Director of the religious development group Jubilee USA Network. LeCompte monitored IMF policies for more than a decade. “The vulnerable are struggling with the pandemic, inflation and rising food prices.”

For the poorest countries, the IMF chief sees higher debt payments and lower demand for what they export. This could fuel further hunger and poverty increases.

Sixty percent of low-income countries and a quarter of emerging economies are at or near debt crises. Since February the IMF initiated, alongside the Indian Presidency of the G20 and the World Bank, a Global Sovereign Debt Roundtable to resolve disagreements that stall debt relief processes.

“While more countries face debt crises, we still don't have a fully functioning debt relief process,” noted LeCompte. "Developing countries need debt relief and access to more resources."

Georgieva called for donor countries to address funding shortfalls so the IMF maintains capacity to provide interest-free loans to the poorest members.

Watch the curtain-raiser speech here:
https://www.imf.org/en/live?_slide=CR-SM23

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