Blog Feeds

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Did RTE journalists collude against Sinn Fein?

offsite link Irish Examiner bias Anthony

offsite link RTE: Propaganda ambush of Sinn Fein Anthony

offsite link Hong Kong and democracy Anthony

offsite link Oliver Callan: Back in his box Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link War Drums Beat In Middle East After Thousands Of Casualties In Beirut Explosion Thu Aug 06, 2020 12:25 | amarynth
South Front On the evening of August 4th, a massive explosion rocked the port of the Lebanese capital of Beirut, causing devastating damage and leaving thousands of casualties. The explosion

offsite link Sitrep Lebanon : How 2,750 tonnes of ammonium nitrate were stranded in Beirut port for 6 years Thu Aug 06, 2020 12:05 | amarynth
Source: Al-Mayadeen, Lebanese TV channel pro-Hezbollah, August 5th, 2020 Translation: resistancenews.org https://www.youtube.com/wat... https://www.dailymotion.com... Transcript: Greetings. Anyone who sees these photos will find it hard to believe that they show the

offsite link Moveable Feast Cafe 2020/08/05 ? Open Thread Wed Aug 05, 2020 22:30 | Herb Swanson
2020/08/05 21:30:02Welcome 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 Message to some irate Serbian readers Wed Aug 05, 2020 19:03 | The Saker
Dear Serbian friends, Since the crisis began in Serbia some of you have been enraged by the articles written for the Saker Blog by “Saker?s Johnny-on-the-spot in Belgrade”.  Some of

offsite link Beware of sensationalism clickbaiting and crazy rumors: Beirut was NOT a nuclear explosion Wed Aug 05, 2020 18:22 | The Saker
Dear friends, As soon as I heard about the tragic explosion in Beirut I told my family “you will see, there will be some idiots who will say it was

The Saker >>

Human Rights in Ireland
A Blog About 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

offsite link US Holds China To Account For Human Rights Violations Sun Oct 13, 2019 19:12 | Human Rights

offsite link UN Human Rights Council Should Address Human Rights Crisis in Cambodia Sat Aug 31, 2019 13:41 | Human Rights

Human Rights in Ireland >>

Cedar Lounge
Ni dieu ni maître. Ni patrie, ni patron.

offsite link Independent Left: Irish Relationship and Sexuality Education should be secular and not controlled by... 11:30 Thu Aug 06, 2020 | guestposter

offsite link Back to school? 11:23 Thu Aug 06, 2020 | WorldbyStorm

offsite link Air bridges to nowhere? 10:02 Thu Aug 06, 2020 | WorldbyStorm

offsite link John Hume 08:00 Thu Aug 06, 2020 | guestposter

offsite link Podcast Episode on The Communist Party of Ireland (Marxist-Leninist) 17:24 Wed Aug 05, 2020 | irishelectionliterature

Cedar Lounge >>

IMF Warns of Global Financial Crisis Risk

category international | economics and finance | press release author Wednesday April 10, 2019 18:07author by Jubilee USA Network Report this post to the editors

For the second day in a row, the International Monetary Fund raised concerns of pending financial crisis. Ahead of the Spring IMF and World Bank meetings, the IMF released the Global Financial Stability Report, warning of "vulnerabilities" in corporate debt, house values and sovereign (country) debt.

Washington DC - For the second day in a row, the International Monetary Fund raised concerns of pending financial crisis. Ahead of the Spring IMF and World Bank meetings, the IMF released the Global Financial Stability Report, warning of "vulnerabilities" in corporate debt, house values and sovereign (country) debt.

"We are seeing some of same conditions that created the 2008 financial crisis and the IMF worries that we are not doing enough to prevent the next financial crisis," stated Jubilee USA Executive Director Eric LeCompte who monitors IMF reports. "When we review the IMF's analysis, they are looking directly at causes of the 2008 financial crisis, including house values, corporate and country debt and risky financial behavior."

On Tuesday, the IMF released the biannual World Economic Outlook Report noting a global growth slowdown and raising concerns about unsustainable debt, trade tensions and the impact of natural disasters on the financial system. The IMF expressed heightened concerns of looming debt crises and possible financial crisis.

On the heels of the IMF report releases, the IMF and development groups organized a high-level event at the meetings,"Tackling the Next Wave of Sovereign Debt Crises." On Wednesday, world leaders, finance ministers, business leaders, journalists and development groups attend the event at IMF Headquarters.

"In order to prevent financial crisis, we need stronger international and national policies to deal with debt problems, stop risky financial behavior and promote tax and transparency policies that can raise revenue," said LeCompte, one of the organizers of the debt event.

The speakers at the high-level forum include Benin's Finance Minister Romuald Wadagni, the IMF's David Lipton, The Guardian's Larry Elliot, the director of AFRODAD - Fanwell Bokosi and legal experts Lee Buccheit and Odette Lienau. Jubilee USA Network, AFRODAD, Oxfam, Latindadd, Eurodad, Jubilee Debt Campaign (UK), Jubilee Germany and the IMF sponsored the event. In addition to the high-level debt panel, Jubilee USA is also organizing events this week on Somalia, transparency policies and country debt case studies.

Jubilee USA Network is an alliance of more than 75 US organizations and 650 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

© 2001-2020 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy