New Events

International

no events posted in last week

Blog Feeds

Anti-Empire

Anti-Empire

offsite link Ukraine Now Producing 10 Self-Propelled ... Fri Apr 19, 2024 06:15 | Anti-Empire

offsite link Russian Firms Rush to Buy Anti-Drone Def... Wed Apr 17, 2024 08:58 | Bloomberg

offsite link Ukraine Buys Huge Amounts of Russian Fue... Fri Jan 20, 2023 08:34 | Antonia Kotseva

offsite link Turkey Has Sent Ukraine Cluster Munition... Thu Jan 12, 2023 00:26 | Jack Detsch

offsite link New Israeli Government Promises to Talk ... Tue Jan 10, 2023 21:13 | Al Majadeen

Anti-Empire >>

Human Rights in Ireland
A Blog About Human Rights

offsite link UN human rights chief calls for priority action ahead of climate summit Sat Oct 30, 2021 17:18 | 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

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link Woke Activists Need to Read Their David Hume Fri Apr 19, 2024 11:16 | Dr James Allan
The great Scottish Enlightenment philosopher David Hume would have some things to teach today's woke activists, says Prof James Allan: about a mind-independent reality that has no truck with claims of 'my truth'.
The post Woke Activists Need to Read Their David Hume appeared first on The Daily Sceptic.

offsite link Farmers? Biggest Problems are Green Ideologues, not Climate Change Fri Apr 19, 2024 09:00 | Ben Pile
It's been a wet winter and this is bad news for farmers, says Ben Pile. But with agricultural yields increasing sharply over recent decades, there's no reason to link it to climate change or start catostrophising about it.
The post Farmers? Biggest Problems are Green Ideologues, not Climate Change appeared first on The Daily Sceptic.

offsite link How Many Billions of People Would Die Under Net Zero? Fri Apr 19, 2024 07:00 | Chris Morrison
Chris Packham has hit back at claims made on GB News that half the world's population could die under Net Zero. But that seems like a fair estimate of the catastrophic harm of deindustrialisation, says Chris Morrison.
The post How Many Billions of People Would Die Under Net Zero? appeared first on The Daily Sceptic.

offsite link News Round-Up Fri Apr 19, 2024 01:20 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the virus and the vaccines, the ?climate emergency? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link The Scandal of the Thousands Sacked for Wrongthink Thu Apr 18, 2024 19:00 | C.J. Strachan
In the wake of the Cass Report vindicating critics of child gender transition, a workplace survey reveals that millions of British workers may have been sacked for falling foul of woke ideology.
The post The Scandal of the Thousands Sacked for Wrongthink appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network
Voltaire, international edition

offsite link The cost of war, by Manlio Dinucci Wed Apr 17, 2024 04:12 | en

offsite link Angela Merkel and François Hollande's crime against peace, by Thierry Meyssan Tue Apr 16, 2024 06:58 | en

offsite link Iranian response to attack on its consulate in Damascus could lead to wider warf... Fri Apr 12, 2024 13:36 | en

offsite link Is the possibility of a World War real?, by Serge Marchand , Thierry Meyssan Tue Apr 09, 2024 08:06 | en

offsite link Netanyahu's Masada syndrome and the UN report by Francesca Albanese, by Alfredo ... Sun Apr 07, 2024 07:53 | en

Voltaire Network >>

"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.

© 2001-2024 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