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Anti-Empire

Anti-Empire

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

offsite link UK Sending Missiles to Be Fired Into Rus... Tue May 07, 2024 14:17 | Marko Marjanović

offsite link US Gives Weapons to Taiwan for Free, The... Fri May 03, 2024 03:55 | Anti-Empire

offsite link Russia Has 17 Percent More Defense Jobs ... Tue Apr 30, 2024 11:56 | Marko Marjanović

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Human Rights in Ireland
A Blog About Human Rights

offsite link UN human rights chief calls for priority action ahead of climate summit Sat Oct 30, 2021 17:18 | Human Rights

offsite link 5 Year Anniversary Of Kem Ley?s Death Sun Jul 11, 2021 12:34 | Human Rights

offsite link Poor Living Conditions for Migrants in Southern Italy Mon Jan 18, 2021 10:14 | Human Rights

offsite link Right to Water Mon Aug 03, 2020 19:13 | Human Rights

offsite link Human Rights Fri Mar 20, 2020 16:33 | Human Rights

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Lockdown Skeptics

The Daily Sceptic

offsite link News Round-Up Mon May 20, 2024 00:38 | 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 President and Foreign Minister of Iran ?Missing? After Helicopter Crash Sun May 19, 2024 19:01 | Toby Young
The President and Foreign Secretary of Iran are missing following a 'hard landing' by a helicopter they were in earlier today.
The post President and Foreign Minister of Iran ?Missing? After Helicopter Crash appeared first on The Daily Sceptic.

offsite link Courts May Abandon Wigs Amid Claims of ?Hair Discrimination? Sun May 19, 2024 17:00 | Richard Eldred
English courts may ditch compulsory wigs for barristers after complaints that the traditional headpieces are culturally insensitive and discriminatory against Afro-Caribbean hair.
The post Courts May Abandon Wigs Amid Claims of ?Hair Discrimination? appeared first on The Daily Sceptic.

offsite link AstraZeneca Victim Lashes Out at ?Woefully Inadequate? Compensation Sun May 19, 2024 15:00 | Richard Eldred
A mother-of-three is struggling to survive on the compensation she received after being left paralysed and forced to medically retire from work following the AstraZeneca Covid jab.
The post AstraZeneca Victim Lashes Out at ?Woefully Inadequate? Compensation appeared first on The Daily Sceptic.

offsite link Tories ?Wrong to Oust Boris Johnson? Insists Nadhim Zahawi Sun May 19, 2024 13:00 | Richard Eldred
The decision to ditch Boris Johnson has been slammed by former Chancellor Nadhim Zahawi.
The post Tories ?Wrong to Oust Boris Johnson? Insists Nadhim Zahawi appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network
Voltaire, international edition

offsite link Voltaire, International Newsletter N°87 Sat May 18, 2024 05:29 | en

offsite link Europa Viva 2024 kowtows to the Straussians Sat May 18, 2024 03:01 | en

offsite link The world economic order is falling apart, by Alfredo Jalife-Rahme Fri May 17, 2024 08:13 | en

offsite link General Assembly supports Palestine's full membership in the United Nations Tue May 14, 2024 10:49 | en

offsite link Elections to the European Parliament: a costly masquerade, by Thierry Meyssan Tue May 14, 2024 07:04 | 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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