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
Thursday, April 02, 2020
Provide Coronavirus Relief Through IMF Gold Reserves, Says Development Group
As the International Monetary Fund, G20 and world leaders consider urgent actions to confront the economic impacts of the coronavirus, a development group says IMF money is available to prevent crisis and support healthcare. "We believe the Fund should take additional, deeper actions to expand debt...
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Newswire article
Tuesday, March 24, 2020
Amidst Covid-19 Spread, IMF and World Bank Signal Debt Relief for Poor Countries
On Monday the heads of the IMF and World Bank stated support for debt relief for very poor countries as the coronavirus spreads. African Finance Ministers called for suspension of debt payments to free up $44 billion to fight Covid-19. Ecuador's Congress also demanded its government stop paying...
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Newswire article
Wednesday, February 05, 2020
Pope Francis and World Leaders Call for Inclusive Economy
Pope Francis addressed a small group of Finance Ministers, the head of the IMF and noted economists urging the creation of new global debt and tax policies that can reduce inequality and end poverty. "Pope Francis asserts that to live in a world with so much wealth, when there is so much poverty,...
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Newswire article
Friday, January 17, 2020
IMF Chief Warns of Financial Disaster Driven by Inequality
IMF Head Kristalina Georgieva warns of a return of the Great Depression driven by inequality and financial sector instability in a speech delivered at the Peterson Institute of International Economics. Georgieva highlighted new IMF research that compares the current economy to the "roaring 1920s"...
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Newswire article
Thursday, January 16, 2020
Jubilee USA Statement on Senate Passing USMCA
The Senate passed the United States Mexico Canada Agreement today in a 89 to 10 vote. The agreement takes effect if President Trump signs the law and Canada approves the agreement. Eric LeCompte the Executive Director of Jubilee USA, a religious development organization that worked on portions of...
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Newswire article
Wednesday, December 18, 2019
Congress Passes Somalia Debt Relief
As part of the Federal government's year-end spending package or "minibus," Congress passed the first phase of debt relief for Somalia. On Tuesday the House of Representatives passed the DHS Cyber Hunt and Incident Response Teams Act of 2019 (HR 1158) which included $35 million to begin paying the...
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Newswire article
Tuesday, October 22, 2019
Congress Votes on Corporate Transparency Act
The House of Representatives scheduled a vote for 5:15 PM EST on the Corporate Transparency Act of 2019 (H.R. 2513). The bill reveals the true owners of "anonymous" shell companies to law enforcement. "This legislation helps us stop human traffickers and corrupt public officials and protects...
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Newswire article
Friday, October 18, 2019
IMF Fears Financial Crisis
The International Monetary Fund raises fresh global financial crisis fears as Presidents, Finance Ministers, development groups and business leaders gather for the Annual IMF and World Bank Meetings. "We are seeing strong warnings of a global financial crisis," shared United Nations finance expert...
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Newswire article
Wednesday, October 16, 2019
IMF Warns of Unstable Financial System
The International Monetary Fund warns of growing financial instability as a result of high debts and risky investing in the release of the IMF 2019 Global Financial Stability Report. The report raised fears that developing countries are borrowing too much. "The Fund is recommending more...
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Newswire article
Thursday, September 26, 2019
Kristalina Georgieva Takes IMF Helm
The International Monetary Fund announces that World Bank CEO and Bulgarian environmental economist, Kristalina Georgieva, will become the Fund's new Managing Director. Georgieva replaces Christine Lagarde who resigned on September 12th. "Under Georgieva's leadership, we will see emphasis on gender...
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