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The Saker
A bird's eye view of the vineyard

offsite link Moveable Feast Cafe 2021/10/28 ? Open Thread Thu Oct 28, 2021 18:00 | herb
2021/10/28 17:00:01Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link The US State Department issues first US passport with ?X? for gender Thu Oct 28, 2021 17:46 | The Saker
The most hilarious thing about this: it is a “former veteran”. Bravo US military!

offsite link Red Line and Taiwan Thu Oct 28, 2021 17:08 | amarynth
by Chris Faure for the Saker Blog Every English media in China today ledes with the news that in an interview with CNN, the leader of the Taiwan region, Tsai

offsite link Bayraktar saga continued & more preparations for war Thu Oct 28, 2021 17:06 | The Saker
First, a few news items: Forbes just posted an article with the title “U.S. Air Force Bombers Are Rehearsing Their New Main Mission?Sinking Russian Ships“, here is an excerpt (emphasis

offsite link Taliban spokesman on rising ISIS threat, & relations with US, China & Iran Thu Oct 28, 2021 11:41 | amarynth
Original link: http://middleeastobse... Description: In a recent extended interview with RT Arabic, Taliban spokesman Mohammad Naeem commented on the adequacy of Taliban?s internal security measures following concerns of a rising ISIS

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Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Are the wheels of justice creaking into action?

offsite link Middle class revolution Anthony

offsite link Allegations of political criminality reported to An Garda Siochana Anthony

offsite link Minister Catherine Martin: Not fit to serve Anthony

offsite link Establishment media and delusional analysis Anthony

Public Inquiry >>

Human Rights in Ireland
A Blog About 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

offsite link Turkish President Calls On Greece To Comply With Human Rights on Syrian Refugee Issues Wed Mar 04, 2020 17:58 | Human Rights

Human Rights in Ireland >>

"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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