Jubilee USA Network

Jubilee USA
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

Releases by this organization

Newswire article
Monday, December 17, 2018
Jubilee USA Urges Congress to Pass Puerto Rico Aid and Debt Relief Protections
As Democrats and Republicans head toward a budget showdown this week, several Puerto Rico amendments could be added to budget bills. More than a million US citizens in Puerto Rico could lose food assistance benefits if Congress does not authorize an additional $600 million for the Nutritional...
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Newswire article
Friday, December 07, 2018
Fed Says College Students Have More Debt than Previous Generations
A study released from the Federal Reserve Board notes that 70 percent of college students are graduating with more than $37,000 in debt. "Student loan debt has reached crisis levels," noted Eric LeCompte who heads the religious debt watchdog, Jubilee USA Network. "Current graduates are carrying...
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Newswire article
Friday, November 30, 2018
G20 Discusses Preventing Financial Crisis and Small Island Economies
President Trump arrived in Buenos Aires on Thursday for the annual G20 meetings. While trade, climate and tensions with Russia dominated press coverage ahead of the meetings, financial crisis concerns are taking center stage during the two-day meetings. The International Monetary Fund released a...
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Newswire article
Friday, November 16, 2018
Puerto Rico Religious Leaders Criticize Debt Plans and Negotiations
Puerto Rico's Catholic Archbishop and an Evangelical leader who heads the island's bible society criticized a debt agreement and ongoing debt negotiations. "We are strongly opposed to the COFINA debt deal," wrote the religious leaders in a statement referencing a recently approved plan on a type of...
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Newswire article
Wednesday, November 14, 2018
President Trump: Hurricane Relief Should Not Pay Puerto Rico Debt
According to a report from Axios, President Trump told advisers that additional hurricane relief monies should not be sent to Puerto Rico as the monies could be used to pay the island's debt. "We are concerned that hurricane relief monies are providing a budget surplus that can pay Puerto Rico's...
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Newswire article
Tuesday, October 23, 2018
Oversight Board Reviews New Fiscal Plan for Puerto Rico
Puerto Rico's oversight board reviews a new plan on economic growth and debt payments to the island's creditors in San Juan today. The Financial Oversight and Management Board for Puerto Rico was appointed through an act of Congress in 2016 to bring balanced budgets to the US territory wrestling...
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Newswire article
Friday, October 12, 2018
IMF and World Bank Warn of Financial Crisis as Indonesian Currency Hits Asian Crisis Low
W orld leaders, finance ministers, heads of banks and nongovernmental organizations begin the Annual IMF and World Bank Meetings held this year in Indonesia. Ahead of the meetings the IMF issued stark warnings that another global financial crisis could be on the horizon. As the meetings kickoff,...
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Newswire article
Thursday, September 13, 2018
After Lehman Brothers, Experts Say Global Financial Crisis Can Happen Again
September 15th marks the ten-year anniversary of the Lehman Brothers investment firm collapse, symbolizing the onset of the 2008 global financial crisis. "The financial crisis drove 100 million people, mostly women and children, into extreme poverty around the world," noted Eric LeCompte, the head...
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Newswire article
Monday, August 27, 2018
Religious Development Group Responds to US/Mexico Trade Deal
President Trump announced on Monday that the United States reached a trade deal with Mexico that replaces the previous North American Free Trade Agreement, also known as NAFTA. As the announcement took place, religious groups met with the Office of the US Trade Representative (USTR) on the...
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Newswire article
Friday, August 03, 2018
Over 20 State Attorneys General Call for Shell Company Transparency
24 State Attorneys General wrote to Congress supporting action to disclose the actual owner of a shell company to law enforcement. "Anonymous" shell companies can be used to hide the identity of the owner. "Shell companies are used by corrupt government officials to steal money from their people...
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