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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
By Lydia Andrews World 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... Continue reading
Posted 6 days ago at The Jubilee Blog
By Kate Zeller Responding to the IMF projection, Jubilee USA Executive Director, Eric LeCompte, stated the importance of looking at the decline in economic growth from 3.9 percent to 3.7 percent. "From the report, it reminds us that the economic... Continue reading
Posted 6 days ago at The Jubilee Blog
By Kate Zeller Oil producing countries, including Nigeria, should not be tempted to delay reforms in their countries because of the present high oil prices, the International Monetary Fund (IMF) has advised. This counsel came hours after Eric LeCompete, who... Continue reading
Posted 6 days ago at The Jubilee Blog
By Kate Zeller Eric LeCompte, a financial expert and executive director of Jubilee USA said: “We are seeing growing debt crises in many developing economies, at the same time, we see risky and speculative behaviour on the raise. “We know... Continue reading
Posted 6 days ago at The Jubilee Blog
By Kate Zeller Eric LeCompte, a financial expert and executive director of Jubilee USA said: “We are seeing growing debt crises in many developing economies, at the same time, we see risky and speculative behaviour on the raise. “We know... Continue reading
Posted 6 days ago at The Jubilee Blog
By Kate Zeller The International Monetary Fund releases its "Global Financial Stability Report" ahead of its Annual Meetings held this year in Southeast Asia. The report finds that short-term risks to financial stability rose in the last 6 months. "The... Continue reading
Posted 6 days ago at The Jubilee Blog
By Kate Zeller Eric LeCompte, Executive Director of Jubilee USA, recently spoke with America, the Jesuit Review, on the recent earthquakes in Haiti. Read excerpt below and follow link to full article. 5.9 Earthquake Rocks Northern Haiti “The situation in... Continue reading
Posted 6 days ago at The Jubilee Blog
By Kate Zeller Eric LeCompte, Executive Director of Jubilee USA, was recently quoted in Leadership speaking on the International Monetary Fund's projections for Nigeria and the world economy. Read excerpt below and follow link to full article. Poor Growth In... Continue reading
Posted 6 days ago at The Jubilee Blog
By Kate Zeller Eric LeCompte, Executive Director of Jubilee USA, was recently quoted in The Nation speaking on the International Monetary Fund's projections for Nigeria and the world economy. Read excerpt below and follow link to full article. Nigeria’s growth... Continue reading
Posted 6 days ago at The Jubilee Blog
By Kate Zeller “Argentina has had a difficult history with the IMF, austerity and predatory vulture hedge funds. We don’t want history to repeat itself,” stated Eric LeCompte, Executive Director of the religious development group Jubilee USA, in a press... Continue reading
Posted 6 days ago at The Jubilee Blog
By Kate Zeller The International Monetary Fund released the World Economic Outlook Report and lowered global growth projections to 3.7 percent for 2018 and 2019. The estimates falls .2 percent since the last IMF economic report released in April. The... Continue reading
Posted 6 days ago at The Jubilee Blog
By Kate Zeller October 12, 2018 2:00-3:00 pm Annual IMF/World Bank Meetings Room Surabaya - Bali International Conference Center (BICC) Bali, Indonesia Moderator: Eric LeCompte, Executive Director, Jubilee USA Network Panelists: Honorable Minister Jean-Marie Ogandaga, Minister of Economy, Gabon Aldo... Continue reading
Posted 6 days ago at The Jubilee Blog
By Kate Zeller Eric LeCompte, Executive Director of Jubilee USA was recently quoted in Aleteia speaking on rebuilding efforts in Puerto Rico one year after Hurricane Maria. Read excerpt below and follow link to full article. One year after hurricane... Continue reading
Posted 6 days ago at The Jubilee Blog
By Kate Zeller The International Monetary Fund announced a $7 billion increase to its credit line to Argentina. IMF lending to Argentina now totals $57 billion, making it the largest lending program in IMF history. Eric LeCompte is the Executive... Continue reading
Posted 6 days ago at The Jubilee Blog
By Lydia Andrews Eric LeCompte, Executive Director of Jubilee USA was recently quoted in Politico speaking about transparency in disaster recovery efforts in Puerto Rico. Read excerpt below and follow link to full article. Zinke's political ties to Virgin Islands... Continue reading
Posted Oct 4, 2018 at The Jubilee Blog
The Senate is about to vote on a Puerto Rico amendment to the 2018 Farm Bill. We need you to make a quick call to your Senators now. Please urgently call your Senators and ask them to support Senators Marco... Continue reading
Posted Oct 4, 2018 at The Jubilee Blog
Puerto Rico Housing Assistance Fails in Senate The US Senate voted for Puerto Rico disaster relief in the form of food assistance with the passage of the "Farm Bill." The Agriculture and Nutrition Act of 2018 included Senators Marco Rubio... Continue reading
Posted Oct 4, 2018 at The Jubilee Blog
Una legislación nueva del Senado de EE.UU. le ofrece opciones más a Puerto Rico para recortar su deuda. Los senadores Elizabeth Warren (D-MA), Bernie Sanders (I-VT), Kirsten Gillibrand (D-NY), Ed Markey (D-MA) and Kamala Harris (D-CA) presentaron el proyecto de... Continue reading
Posted Oct 4, 2018 at The Jubilee Blog
New Senate legislation offers additional options for Puerto Rico to cut its debt. Senators Elizabeth Warren (D-MA), Bernie Sanders (I-VT), Kirsten Gillibrand (D-NY), Ed Markey (D-MA) and Kamala Harris (D-CA) introduced the US Territorial Relief Act. If Congress passes the... Continue reading
Posted Oct 4, 2018 at The Jubilee Blog
"If implemented, these rules place a greater burden on students to prove their case for debt relief when for-profit colleges mislead or defraud them," stated Jubilee USA Executive Director Eric LeCompte. LeCompte's organization supported 2016 federal regulations that allowed students... Continue reading
Posted Oct 4, 2018 at The Jubilee Blog
By Lydia Andrews Eric LeCompte, Executive Director of Jubilee USA was recently quoted in Ghana Business News speaking on transparency. Read excerpt below and follow link to full article. Lack of transparency in Chinese lending will increase Africa’s debt burden... Continue reading
Posted Oct 4, 2018 at The Jubilee Blog
By Lydia Andrews Eric LeCompte, Executive Director of Jubilee USA was recently quoted in The National speaking on transparency and changes in financial policy in the decade after the financial crisis. Read excerpt below and follow link to full article.... Continue reading
Posted Oct 4, 2018 at The Jubilee Blog
By Lydia Andrews Eric LeCompte, Executive Director of Jubilee USA was recently quoted in America, The Jesuit Review speaking on rebuilding efforts in Puerto Rico one year after Hurricane Maria. Read excerpt below and follow link to full article. A... Continue reading
Posted Oct 4, 2018 at The Jubilee Blog
By Kate Zeller Hurricane Maria pummeled Puerto Rico last September 20th. According to the Associated Press, nearly 60,000 thousand people still reside in homes with blue-tarp-covered or inadequate roofs that could not survive a Category 1 hurricane. Tens of thousands... Continue reading
Posted Sep 20, 2018 at The Jubilee Blog
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 agreement. Continue reading
Posted Aug 27, 2018 at The Jubilee Blog