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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?

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

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Lockdown Skeptics

The Daily Sceptic

offsite link The ?Golden Age of Nuclear? is a Sham Thu Sep 18, 2025 07:00 | Ben Pile
Rejoice! For we are at the dawn of a "golden age of nuclear", according to the UK Government. There's just one wrinkle, says Ben Pile. It's reactors for shiny data centres, but unreliable renewables for the rest of us.
The post The ‘Golden Age of Nuclear’ is a Sham appeared first on The Daily Sceptic.

offsite link News Round-Up Thu Sep 18, 2025 01:08 | 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 Furious Tory Row Breaks Out at State Visit Reception as Boris Defends Record in Government Wed Sep 17, 2025 19:30 | Will Jones
A furious Tory row broke out at a state visit reception on Tuesday night as Boris Johnson defended his record in government before a gathering of senior Conservative and Reform figures.
The post Furious Tory Row Breaks Out at State Visit Reception as Boris Defends Record in Government appeared first on The Daily Sceptic.

offsite link Trump?s Genius is He Understands There Are No Ordinary People Wed Sep 17, 2025 17:52 | Joanna Gray
Donald Trump's genius is that he understands there are no ordinary people, says Joanna Gray. British politicians would do well to copy his refusal to talk down to the public.
The post Trump’s Genius is He Understands There Are No Ordinary People appeared first on The Daily Sceptic.

offsite link Activists Circulate Guide on How to Ground ?One In, One Out? Flights Wed Sep 17, 2025 15:42 | Will Jones
Pro-migrant campaigners have circulated a guide on how to ground 'one in, one out' flights, telling activists how to contact Air France and prevent the planes from taking off.
The post Activists Circulate Guide on How to Ground ‘One In, One Out’ Flights 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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IMF Economic Reports: Inequality and Poverty Rising Amidst COVID Crisis

category international | politics / elections | press release author Tuesday October 13, 2020 19:11author by Zach Conti - Jubilee USA Report this post to the editors

Analyzing the economic crisis spurred by the coronavirus, the International Monetary Fund released the Global Financial Stability Report and the 2020 World Economic Outlook Report, "A Long and Difficult Ascent." The economic outlook report projects global economic growth to contract 4.4%.

Analyzing the economic crisis spurred by the coronavirus, the International Monetary Fund released the Global Financial Stability Report and the 2020 World Economic Outlook Report, "A Long and Difficult Ascent." The economic outlook report projects global economic growth to contract 4.4%. "While we understand that the IMF wants to look at the crisis with some positivity, the word ascent has little place in this report. It seems that most countries are still descending,” stated Eric LeCompte, the Executive Director of the religious development organization Jubilee USA Network and a United Nations finance expert. “More that 90 million people could enter the ranks of extreme poverty this year and many countries will lose development gains they have made since the 1990s.” According to the World Economic Outlook Report, income disparities between developed and developing economies is projected to worsen. "It's not a surprise that the coronavirus economic crisis will worsen inequality and extreme poverty," said LeCompte. "Nearly 90% of all global stimulus was spent in wealthy countries and less than 3% in developing countries." The IMF cautions that its projections rely on hard to predict public health and economic factors and outcomes could be worse. The IMF Global Financial Stability report addressed the rising financial needs of developing countries due to the pandemic and rising costs of borrowing. “Developing countries need their debts cut and access to more aid if they are to survive this crisis,” noted LeCompte. The G20, IMF and World Bank are meeting this this week on responses to the coronavirus health and economic crisis. Read the IMF's World Economic Outlook report here. https://www.imf.org/en/Publications/WEO/Issues/2020/09/30/world-economic-outlook-october-2020 Read the IMF's Global Financial Stability report here. https://www.imf.org/en/Publications/GFSR/Issues/2020/10/13/global-financial-stability-report-october-2020

Related Link: https://www.jubileeusa.org/imf_econ_reports_inequality_poverty_covid
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