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Press lies about the Venezuelan presidential election 23:08 Sep 10 0 comments

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

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

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David Lammy cited disgraced comedian Bill Cosby as one of his childhood role models, in comments edited out of a Ministry of Justice video.
The post David Lammy: Bill Cosby Was One of My Role Models appeared first on The Daily Sceptic.

What Should Be Done About Britain?s Impending Collapse? Mon Nov 24, 2025 17:43 | James Alexander
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The post What Should Be Done About Britain’s Impending Collapse? appeared first on The Daily Sceptic.

People are Leaving Britain in Droves, We Face a ?Growth Emergency? and Labour?s Tax Bonanza is Drivi... Mon Nov 24, 2025 15:36 | Will Jones
People are leaving Britain in droves, we face a "growth emergency" and Labour's tax bonanza is driving wealth out of Britain, Business Secretary Peter Kyle has said in an extraordinary admission.
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The Covid Inquiry Has Failed to Ask the Most Basic Question: Why Were People Dying? Mon Nov 24, 2025 13:29 | Dr Andrew Bamji
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The post The Covid Inquiry Has Failed to Ask the Most Basic Question: Why Were People Dying? appeared first on The Daily Sceptic.

Europe?s Wind Turbine Industry Faces Ruin at Hands of Coal-Powered Chinese, Experts Warn Mon Nov 24, 2025 11:21 | Will Jones
Europe's wind turbine industry faces ruin because the Chinese are using coal and state subsidies to massively undercut the European market, making turbines for a third of the cost, experts have warned.
The post Europe’s Wind Turbine Industry Faces Ruin at Hands of Coal-Powered Chinese, Experts Warn appeared first on The Daily Sceptic.

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

international | politics / elections | press release

Thursday August 27, 2020 19:59

by Zach Conti, zach@jubileeusa.org - Jubilee USA

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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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