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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 News Round-Up Tue Sep 16, 2025 01:52 | 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 Ed Miliband Costs Britain One Billion Barrels of North Sea Oil Mon Sep 15, 2025 19:00 | Will Jones
Ed Miliband will cost Britain one billion barrels of North Sea oil and gas, official data confirm, as a sharp drop in output up to 2050 emerges ? a result of Labour imposing 78% taxes and a?ban on new drilling.
The post Ed Miliband Costs Britain One Billion Barrels of North Sea Oil appeared first on The Daily Sceptic.

offsite link What I Saw at the Unite the Kingdom Rally Mon Sep 15, 2025 17:00 | Philip Patrick
Philip Patrick was at the Unite the Kingdom rally on Saturday and says it was no Tommy-fest. The themes were love of country, a rejection of mainstream politics and media and a resolute defence of free speech.
The post What I Saw at the Unite the Kingdom Rally appeared first on The Daily Sceptic.

offsite link Climate Change Committee Doubles Down on Unrealistic Net Zero Costs Under New Chair Mon Sep 15, 2025 15:16 | David Turver
The Government's Climate Change Committee is doubling down on fantasy Net Zero cost models, turning a blind eye to sky-high offshore wind and solar prices, warns David Turver.
The post Climate Change Committee Doubles Down on Unrealistic Net Zero Costs Under New Chair appeared first on The Daily Sceptic.

offsite link BREAKING: Conservative MP Danny Kruger Defects to Reform Mon Sep 15, 2025 11:36 | Will Jones
Conservative MP Danny Kruger has defected to Reform UK to head up the party?s Preparing for Government policy unit ? the first sitting Tory MP to defect.
The post BREAKING: Conservative MP Danny Kruger Defects to Reform appeared first on The Daily Sceptic.

Lockdown Skeptics >>

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 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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