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Jubilee USA Network
Washington, DC
Building a global economy that serves, protects and promotes the participation of the most vulnerable.
Recent Activity
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By Lucas Giese New articles released by the International Consortium of Investigative Journalists reveal the role of anonymous shell companies in tax evasion and corruption related to African natural resource extraction. Documents obtained from the Panama Papers leak from the... Continue reading
Posted 2 days ago at The Jubilee Blog
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by Lucas Giese The US Justice Department claims Malaysian politicians used US-based "anonymous shell companies" to spend more than $1 billion in development funds on real estate and luxury goods in the U.S. The department is suing to seize the... Continue reading
Posted 4 days ago at The Jubilee Blog
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by Greg Williams Member countries of the United Nations Conference on Trade and Development (UNCTAD) renewed a mandate for the UN agency on economic issues. The agreement will guide UNCTAD's work for the next four years. "These were very difficult... Continue reading
Posted 5 days ago at The Jubilee Blog
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by Greg Williams After days of round-the-clock negotiation, the 194 member countries of the UN Conference on Trade and Development reached an agreement on debt, tax and trade policies. Stay tuned for more information as the agreement is finalized. Jubilee... Continue reading
Posted 6 days ago at The Jubilee Blog
From: Roberto O. González Nieves, OFM, Archbishop of San Juan de Puerto Rico and Reverend Heriberto Martínez, General Secretary of Puerto Rico's Bible Society and Coordinator of the Ecumenical and Interfaith Coalition of Puerto Rico Almost a year ago, our... Continue reading
Posted Jul 20, 2016 at The Jubilee Blog
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by Greg Williams Cardinal Peter Turkson, president of the Pontifical Council for Justice and Peace, called on a United Nations development summit to address debt, tax, trade and environmental policies that impact poverty. Turkson’s comments come as intense negotiations enter... Continue reading
Posted Jul 20, 2016 at The Jubilee Blog
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by Greg Williams A United Nations global development summit begins its fourth day of difficult negotiations in Nairobi, Kenya. The member countries of the UN Conference on Trade and Development (UNCTAD) define the institution's purpose and economic and development focuses... Continue reading
Posted Jul 20, 2016 at The Jubilee Blog
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by Greg Williams Nepal faces significant humanitarian challenges one year after its devastating 7.8 magnitude earthquake. According to the Red Cross, four million Nepalis still live in sub-standard housing. The earthquake killed 8,000 people and caused roughly $10 billion in... Continue reading
Posted Jul 18, 2016 at The Jubilee Blog
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by Greg Williams French authorities raided the Paris offices of Google Ireland, an international division of the US founded internet giant. The raid seeks to determine whether Google has established itself permanently in Paris and thus is subject to taxation.... Continue reading
Posted Jul 18, 2016 at The Jubilee Blog
by Greg Williams Representative Sean Duffy (R-WI) introduced a new version of legislation to help resolve Puerto Rico's financial crisis. The Puerto Rico Oversight, Management and Economic Stability Act ("PROMESA," HR 5278) gives Puerto Rico tools to restructure its debt... Continue reading
Posted Jul 18, 2016 at The Jubilee Blog
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By Greg Williams The Obama Administration announced actions to combat money laundering, corruption and tax evasion. In April, the "Panama Papers" leak exposed how "anonymous shell corporations" facilitate crime and corruption.‎ "It's crucial to global development that we stop corruption... Continue reading
Posted Jul 18, 2016 at The Jubilee Blog
by Greg Williams In an article in Sojourners' August issue, Conrad Martin of the Fund for Constitutional Government urges action on the problem of anonymous shell companies. Some of these companies fuel corruption and crime around the world by acting... Continue reading
Posted Jul 18, 2016 at The Jubilee Blog
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by Greg Williams Owners of Puerto Rico government debt filed suit to undo a debt moratorium law passed by the island's government in April. Puerto Rico owes more than $70 billion in debt and nearly $2 billion is due July... Continue reading
Posted Jul 17, 2016 at The Jubilee Blog
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By Greg Williams Religious leaders from Puerto Rico and the US mainland meet with Senators today and tomorrow to urge them to support legislation to restructure Puerto Rico's debt. The leaders, including Reverend Enrique Camacho, the head of Catholic Charities... Continue reading
Posted Jul 17, 2016 at The Jubilee Blog
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By Greg Williams Ahead of a likely House vote this week, San Juan's Roman Catholic Archbishop, Roberto González Nieves OFM, announced his support for Puerto Rico debt crisis legislation in an op-ed to The Hill.‎ "I support the current legislation... Continue reading
Posted Jul 17, 2016 at The Jubilee Blog
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by Greg Williams The United States Senate passed Puerto Rico debt legislation 68-30. President Obama will sign the legislation Thursday before Puerto Rico likely defaults on nearly $2 billion in debt payments. The legislation passed with majorities from both parties.... Continue reading
Posted Jul 16, 2016 at The Jubilee Blog
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By Greg Williams The Consumer Financial Protection Bureau releases new rules today governing "payday" lending - high interest loans that affect low-income communities. New regulations assess a borrower's ability to repay loans and meet basic living expenses. Payday lenders are... Continue reading
Posted Jun 2, 2016 at The Jubilee Blog
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By Andrew Hanauer A critical battle is taking place on Puerto Rico in Congress. No matter where in the world you live, faith communities around the globe and across the United States can sign up and Pray with Puerto Rico.... Continue reading
Posted Apr 23, 2016 at The Jubilee Blog
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By Greg Williams Argentina returns to the bond market after 15 years with access to limited international financing. Argentina will use part of the money it raises to pay hold-out funds from the country's 2001 default.‎ Those funds rejected previous... Continue reading
Posted Apr 21, 2016 at The Jubilee Blog
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By Greg Williams As Congress debates legislative solutions for Puerto Rico's financial crisis, new reports indicate that the island's child poverty rate is worse than previously feared and that migration is increasing. Congress delayed legislation to resolve disagreements on its... Continue reading
Posted Apr 19, 2016 at The Jubilee Blog
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By Greg Williams Speaker Paul Ryan is holding a special meeting with Republicans to discuss the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA). ‎The legislation was to be debated on Thursday, but Republican leadership slowed the process down... Continue reading
Posted Apr 18, 2016 at The Jubilee Blog
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By Greg Williams As Congress introduces legislation to address Puerto Rico's financial crisis, San Juan's Catholic Archbishop is inviting prayers that all "work together to find a solution to the crisis that respects the rights and dignity of all sides."... Continue reading
Posted Apr 13, 2016 at The Jubilee Blog
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By Greg Williams More than 11 million leaked documents from a major Panama-based "off-shore" law firm reveal how the global financial system enables corruption and tax evasion. The "Panama Papers" highlight the role that anonymously formed companies play in facilitating... Continue reading
Posted Apr 4, 2016 at The Jubilee Blog
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By Greg Williams The House Committee on Natural Resources released draft legislation to address Puerto Rico's debt crisis. The "Puerto Rico Oversight, Management, and Economic Stability Act" (PROMESA) creates a board to oversee Puerto Rico's finances and restructure its debt.... Continue reading
Posted Mar 30, 2016 at The Jubilee Blog
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By Greg Williams A new report by the Center for Responsible Lending says “payday” lending fees cost Florida residents $2.5 billion over the past decade. “Payday” lending refers to high-interest loans made primarily to low-income residents that gives the lenders... Continue reading
Posted Mar 25, 2016 at The Jubilee Blog