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Public Inquiry
Interested in maladministration. Estd. 2005

offsite link RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony

offsite link Joe Duffy is dishonest and untrustworthy Anthony

offsite link Robert Watt complaint: Time for decision by SIPO Anthony

offsite link RTE in breach of its own editorial principles Anthony

offsite link Waiting for SIPO Anthony

Public Inquiry >>

Human Rights in Ireland
Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

The Daily Sceptic

offsite link Climate Change Committee Demands Government Impose Radical Lifestyle Changes on UK Wed Feb 26, 2025 15:23 | Will Jones
The Climate Change Committee, the UK's official Net Zero advisory body, has told the Government that to hit Net Zero it must impose radical lifestyle changes on the UK population.
The post Climate Change Committee Demands Government Impose Radical Lifestyle Changes on UK appeared first on The Daily Sceptic.

offsite link Islamophobia Claims ?Used to Suppress Grooming Gang Reporting? Wed Feb 26, 2025 13:00 | Will Jones
Accusations of 'Islamophobia' are being used as a way to suppress the exposure of grooming gangs, a report has found, as worries grow about Labour introducing an Islamic blasphemy law by the back door.
The post Islamophobia Claims “Used to Suppress Grooming Gang Reporting” appeared first on The Daily Sceptic.

offsite link The Left-Wing Money Opposing Taxpayers? Priorities Wed Feb 26, 2025 11:31 | Charlotte Gill
Huge amounts of Left-wing money pour out of fat trust funds into causes like open borders and climate reparations that oppose the priorities of the British taxpayer. Charlotte Gill does some digging into one of them.
The post The Left-Wing Money Opposing Taxpayers’ Priorities appeared first on The Daily Sceptic.

offsite link Why Are Boys So Much More Right-Wing Than Girls? Wed Feb 26, 2025 09:00 | Noah Carl
Young men are increasingly voting for the Right, while young women are increasingly voting for the Left. What explains this? A Norwegian study finds that its largely due to shifting attitudes to "gender equality".
The post Why Are Boys So Much More Right-Wing Than Girls? appeared first on The Daily Sceptic.

offsite link Another Green Blob Gaslighting ?Report? Wed Feb 26, 2025 07:00 | Ben Pile
Another day, another 'report' from the Green Blob, this time from the CBI, gaslighting us with the claim that the 'green economy' is booming. What, you feel cold and poor due to sky high energy prices? You must be mad!
The post Another Green Blob Gaslighting ‘Report’ appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network
Voltaire, international edition

offsite link France, unable to cope with the shock of Donald Trump, by Thierry Meyssan Wed Feb 26, 2025 12:08 | en

offsite link Voltaire, International Newsletter N?121 Sat Feb 22, 2025 05:50 | en

offsite link US-Russian peace talks against the backdrop of Ukrainian attack on US interests ... Sat Feb 22, 2025 05:40 | en

offsite link Putin's triumph after 18 years: Munich Security Conference embraces multipolarit... Thu Feb 20, 2025 13:25 | en

offsite link Westerners and the conflict in Ukraine, by Thierry Meyssan Tue Feb 18, 2025 06:56 | en

Voltaire Network >>

IMF Reports Debt and Human Crises Drive Uneven Growth; Global Stability and Economic Outlook Reports Released

category international | economics and finance | news report author Wednesday April 15, 2015 15:30author by Sophia Har, Jubilee USA Network Report this post to the editors

The IMF issued a report today showing that debt and human crisis are driving inequality and financial instability. Jubilee USA Network calls for the establishment of structures to stabilize the global financial system and to protect low-income communities. The Ebola epidemic clearly demonstrates the need for these structures.

The International Monetary Fund (IMF) released its Global Financial Stability Report, noting "increased financial stability risks" in the global economy. The report notes that large-scale economic shocks are particularly concerning to global stability. It argues that such risks are greatest for countries with high debt levels and that emerging market countries must be prepared for external shocks. Particular concern is raised on the consequences of currency volatility, the shadow financial system and high corporate debt. The report is a follow-up to the IMF's semi-annual World Economic Outlook Report, which noted uneven global growth, particularly among developing economies.

"The IMF recognizes we need global structures to protect us when there's a major crisis," said Eric LeCompte, Executive Director of the religious development organization Jubilee USA Network. "Countries with high debt levels are the most vulnerable to those crises."

The Global Financial Stability Report focuses on the systemic issues that create global economic trends. It notes that debt levels are rising in emerging markets and that increased risks over the past six months are impacting those countries the most. It argues that policy measures are necessary to "contain financial excesses" in global markets and to improve growth.

"The IMF is concerned that inequality persists, especially in the developing world" said LeCompte. "The IMF notes that the key to stability is addressing debt and tax policies that underlie uneven growth."

The latest World Economic Outlook Report, released at the beginning of the IMF / World Bank Spring Meetings, projects the global economy to grow 3.5% in 2015. It notes that growth projections are lower than expected in some regions, including Sub-Saharan Africa. The IMF now projects Africa's growth to be much lower than it did in its October, 2014 report, citing the Ebola epidemic and falling commodity prices. The World Bank projects that Guinea, Liberia and Sierra Leone will lose a combined $1.5 billion due to Ebola in 2015 alone. Meanwhile, $1.3 billion leaves those nations each year due to crime, corruption and tax evasion and the three countries spent more than $80 million paying off debt the year the outbreak began. The year before the disease first took hold in Guinea, that country spent more money on debt than on public health. In February, the IMF announced $100 million in debt relief for the three countries and created a new debt relief trust fund for poor countries in times of crisis.

"Ebola harmed countries that were already struggling due to high debt burdens," noted LeCompte. "We need structures that help the most vulnerable. The IMF's debt relief fund is a good example and a good start."

Jubilee USA Network is an alliance of more than 75 US organizations and 400 faith communities working with 50 Jubilee global partners. Jubilee's mission is to build an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

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