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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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Human Rights in Ireland
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Lockdown Skeptics

The Daily Sceptic

offsite link The Brave Doctors Who Stood Up for the Truth About the Covid Vaccines Deserve an Apology Fri Jun 06, 2025 15:14 | Dr Andrew Bamji
Brave doctors like Aseem Malhotra who stood up for the truth About the Covid vaccines and were smeared by colleagues, sacked and cancelled for their trouble deserve an apology, says Dr Andrew Bamji.
The post The Brave Doctors Who Stood Up for the Truth About the Covid Vaccines Deserve an Apology appeared first on The Daily Sceptic.

offsite link Miliband: Vast Majority of New Homes Must Have Solar Panels Fri Jun 06, 2025 13:08 | Will Jones
Developers will be forced to install solar panels on the "vast majority"?of new homes, Energy Secretary Ed Miliband has said, saying it is "just common sense".
The post Miliband: Vast Majority of New Homes Must Have Solar Panels appeared first on The Daily Sceptic.

offsite link Global Greening From Higher CO2 Hits ?Striking? New Heights ? but the Mainstream Media Won?t Tell Yo... Fri Jun 06, 2025 11:13 | Chris Morrison
Global greening from higher CO2 levels has hit "striking" new heights, the latest research has confirmed. But the Net Zero obsessed mainstream media don't want to tell you about it, says Chris Morrison.
The post Global Greening From Higher CO2 Hits “Striking” New Heights ? but the Mainstream Media Won’t Tell You About It appeared first on The Daily Sceptic.

offsite link Ed Miliband?s Boiler Ban U-Turn Fri Jun 06, 2025 09:00 | Ben Pile
It's reported that Ed Miliband is set to roll back the looming boiler ban as heat pump installations miss their target by nearly 90%. Little wonder, says Ben Pile, when payback time is measured in centuries, if at all.
The post Ed Miliband’s Boiler Ban U-Turn appeared first on The Daily Sceptic.

offsite link Episode 39 of the Sceptic: Michael Reiners on Multiculturalism vs Free Speech, Charlotte Gill on Com... Fri Jun 06, 2025 07:00 | Richard Eldred
In Episode 39 of the Sceptic: Michael Reiners on multiculturalism vs free speech, Charlotte Gill on Commie Academy and more and Tim Samuels on 'White Men Can't Work'.
The post Episode 39 of the Sceptic: Michael Reiners on Multiculturalism vs Free Speech, Charlotte Gill on Commie Academy and Tim Samuels on ?White Men Can?t Work? 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

Voltaire Network >>

IMF: Indebted Countries Suffer if US Interest Rates Rise

category international | economics and finance | press release author Tuesday April 06, 2021 17:49author by Zachary Conti - Jubilee USA Report this post to the editors

The IMF warns that rising US interest rates could impact the ability of developing countries to pay debt, leading to prolonged economic crisis. The warning comes ahead of IMF, G20 and World Bank meetings, with the Fund's release of the Global Financial Stability Report.

The IMF warns that rising US interest rates could impact the ability of developing countries to pay debt, leading to prolonged economic crisis. The warning comes ahead of IMF, G20 and World Bank meetings, with the Fund's release of the Global Financial Stability Report.

“Except for Zambia, all countries that defaulted over the last year were middle-income countries,” said Eric LeCompte, the Executive Director of the religious development organization Jubilee USA Network. “Unfortunately, developing middle-income countries are not included in IMF and G20 debt relief solutions."

The report warns that recovery from the pandemic will be unequal between rich and poor countries and that more needs to be done to strengthen long-term stability around the globe. This morning the IMF released the World Economic Outlook Report estimating that 95 million more people fell into extreme poverty over the last year, living on less than $1.90 a day.

"Wealthy countries invested in big stimulus packages and can rebound more quickly," said LeCompte. "Billions of people in developing countries are left behind and their lives will be even worse after the pandemic."

Read the IMF's Global Financial Stability report here: https://www.imf.org/en/Publications/GFSR/Issues/2021/04/06/global-financial-stability-report-april-2021#FullReport

Read Jubilee USA's release on the IMF's World Economic Outlook report here: https://www.jubileeusa.org/pr_imf_weo_spring_2021

Read about the IMF extending a process to cancel debt payments for the world's 28 poorest countries here: https://www.jubileeusa.org/pr_imf_ccrt_fall_2021

Read about the IMF announcing support for $650 billion in emergency reserves here: https://www.jubileeusa.org/pr_imf_650_bn_sdr

Related Link: https://www.jubileeusa.org/pr_imf_gfsr_apr_2021

 #   Title   Author   Date 
   260 Faith, Labor and Development Groups Press IMF, G20 and White House on COVID Response     Zachary Conti    Wed Apr 07, 2021 16:01 


 
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