Upcoming Events

International | Miscellaneous

no events match your query!

New Events

International

no events posted in last week

Blog Feeds

Anti-Empire

Anti-Empire

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?

offsite link US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty

Anti-Empire >>

Human Rights in Ireland
Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link Reform MP Sarah Pochin Accused of Lying About Impact of Illegal Migrants by Labour Council Sat Jul 12, 2025 07:00 | Steven Tucker
Runcorn's new Reform MP Sarah Pochin has warned that the town is being ravaged by a high number of illegal immigrants, but the local Labour council accuses her of lying. Steven Tucker investigates for the Daily Sceptic.
The post Reform MP Sarah Pochin Accused of Lying About Impact of Illegal Migrants by Labour Council appeared first on The Daily Sceptic.

offsite link News Round-Up Sat Jul 12, 2025 01:46 | Toby Young
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 ?Not Clear if Heat Pumps Will Save Money,? Government Adviser Admits Fri Jul 11, 2025 17:00 | Will Jones
Heat pumps?are not guaranteed to save households money in the long-term, the Government's Chief Scientific Adviser Professor Dame Angela McLean has conceded.
The post “Not Clear if Heat Pumps Will Save Money,” Government Adviser Admits appeared first on The Daily Sceptic.

offsite link How Britain Sold Itself to the World as Paradise Fri Jul 11, 2025 15:14 | Anonymous former BBC staff member
The government and the BBC have cooperated for decades in an epic advertising campaign to sell Britain to the world as the best possible place to be. No wonder they all want to come here, writes a former BBC staff member.
The post How Britain Sold Itself to the World as Paradise appeared first on The Daily Sceptic.

offsite link Unite Suspends Angela Rayner and Threatens to Abandon Labour Fri Jul 11, 2025 13:03 | Will Jones
Deputy Prime Minister Angela Rayner has been suspended by Unite the union over?the Birmingham bin strike, with the union, one of Labour's biggest backers, also announcing it will review its relationship?with the party.
The post Unite Suspends Angela Rayner and Threatens to Abandon Labour appeared first on The Daily Sceptic.

Lockdown Skeptics >>

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

Voltaire Network >>

Jubilee USA Urges Business and Political Leaders at World Economic Forum to End Corporate Tax Avoidance and Support Responsible Solutions to Debt Crisis

warning

Internal Error

The site may be undergoing difficulties due to heavy load please try again later!


category international | miscellaneous | news report author Friday January 24, 2014 19:28author by Arielle Retrosi - Jubilee USA Report this post to the editors

Washington, DC - Heads of state, financial ministers, celebrities and representatives from many of the worlds most powerful corporations are meeting in Davos, Switzerland for the 2014 World Economic Forum. This year's theme of the forum is "The Reshaping of the World: Consequences for Society, Politics and Business." The Forum has focused on income inequality, the impacts of low economic growth and climate change. In advance of this year's forum Oxfam International released a report that noted that the world's 85 richest individuals have as much wealth as 3.5 billion people or half the world's population.

"When one out of five people in the world lives in extreme poverty, it's critical to tackle the issues being discussed at the forum," noted Eric LeCompte, Executive Director of Jubilee USA Network, a religious anti-poverty organization. "It's important for leaders in Davos to reflect on the policies that are responsible for perpetuating extreme poverty."

Since the global financial crisis, more than 70 million people, mostly women and children, have moved into extreme poverty. The developing world loses nearly 1 trillion dollars annually due to tax avoidance and capital flight.

"Many of those gathering in Davos represent a who's who of global tax avoiders," shared LeCompte. "At recent G8 and G20 meetings a consensus emerged that corporate tax avoidance leads to inequality. Unfortunately, many corporations at the forum continue to use loopholes to avoid paying billions in taxes around the world. Companies from the tech sector, who play a big role in Davos, are among the worst offenders."

The World Economic Forum released analysis noting that economic growth was slow after the international financial crisis. Solutions for the crisis that was spurred by high debt burdens and speculation, are being discussed at the United Nations Conference on Trade and Development (UNCTAD), the G20 and the International Monetary Fund.

"It's important that global leaders are addressing the reality of how debt crises caused a global financial crisis," said LeCompte who serves on UN expert groups seeking solutions to financial crises. "The international financial system is like the wild west. We need an international bankruptcy process for countries and basic global rules on responsible lending and borrowing."

Available for Interview: Eric LeCompte, Executive Director
Contact: Arielle Retrosi, Interim Communications Director
arielle@jubileeusa.org / (o) (202) 783-3566 x101 (m) (518) 524-8789

Jubilee USA Network is an alliance of more than 75 US organizations, 300 faith communities and 50 Jubilee global partners. Jubilee's mission is to build an economy that serves, protects and promotes participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

© 2001-2025 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy