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A bird's eye view of the vineyard

offsite link SouthFront?s Survival Depends On You! Sun Oct 25, 2020 23:17 | The Saker
Dear friends SouthFront needs our help again! God knows they are in a difficult position and God knows we all benefited tremendously from their superb work! So, please, DO help

offsite link New role for China and Russia ? and how after a Biden victory? Sun Oct 25, 2020 22:56 | amarynth
Paul Schmutz Schaller for The Saker Blog On the world stage, profound changes are under way. Obviously, China and Russia have lost the confidence that the West will contribute to

offsite link Mail-in ballots: the US elites? ?plausible deniability? ploy to retain power Sun Oct 25, 2020 17:51 | amarynth
By Ramin Mazaheri and cross posted with PressTV The US obsession with mail-in voting is incomprehensible to the rest of the world, but the true reason behind this nonsense is

offsite link Global arms embargo on Iran lifted, Tehran hails victory: Al Mayadeen TV Report Sun Oct 25, 2020 10:25 | amarynth
http://middleeastobserver.n... Video link: https://www.youtube.c... Description: Al Mayadeen TV report on the implications of the lifting of the international arms embargo on Iran. Source: Al Mayadeen TV (YouTube) Date: October 18, 2010 (Important Note: Please

offsite link Moveable Feast Cafe 2020/10/24 ? Open Thread Sat Oct 24, 2020 23:00 | Herb Swanson
2020/10/24 22:00:02Welcome 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

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Public Inquiry
Interested in maladministration. Estd. 2005

offsite link A Woulfe in judges clothing

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offsite link Did RTE journalists collude against Sinn Fein? Anthony

offsite link Irish Examiner bias Anthony

offsite link RTE: Propaganda ambush of Sinn Fein Anthony

Public Inquiry >>

Spirit of Contradiction

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offsite link On The Decline and Fall of The American Empire and Socialism Sat Jan 26, 2019 01:52 | S. Duncan

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offsite link The Case of Comrade Dallas Mon Mar 19, 2018 19:44 | Sylvia Smith

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

Spirit of Contradiction >>

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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