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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 Sophia Har A US House of Representatives Judiciary sub-committee is discussing legislation to give Puerto Rico's public utilities access to US bankruptcy protection. The Subcommittee on Regulatory Reform, Commercial and Antitrust law is meeting to debate HR 870, a... Continue reading
Posted yesterday at The Jubilee Blog
By Andrew Hanauer Greece is the world's third-most indebted country, and the most indebted in Europe. Five years ago, in the midst of a significant financial crisis, Greece received emergency loans from the International Monetary Fund, European Central Bank and... Continue reading
Posted 2 days ago at The Jubilee Blog
By Sophia Har Greece reached a deal with Eurozone Finance Ministers to extend the country's financial support package. Greece will submit a list of potential economic reforms by Monday for review. The deal extends loans to Greece for four months.... Continue reading
Posted 5 days ago at The Jubilee Blog
By Sophia Har Two weeks ago the International Monetary Fund (IMF) announced its new debt relief plan for the Ebola-affected countries of Guinea, Sierra Leone and Liberia. Meanwhile elections in Greece put debt and austerity policies in the international spotlight.... Continue reading
Posted Feb 20, 2015 at The Jubilee Blog
by Andrew Hanauer The United Kingdom announced today it is donating approximately $50 million to the new International Monetary Fund (IMF) debt relief fund. The IMF created the fund - the Catastrophe Containment and Relief Trust (CCR) - last week... Continue reading
Posted Feb 9, 2015 at The Jubilee Blog
By Sophia Har The International Monetary Fund (IMF) is providing $330 million of financing to aid Ebola-impacted countries. The plan includes $170 million of debt relief and grant-like aid for Liberia, Sierra Leone and Guinea. The new plan also expands... Continue reading
Posted Feb 5, 2015 at The Jubilee Blog
By Sophia Har President Obama criticized Greek austerity programs in an interview that aired on CNN on Sunday. The United States President said: “You cannot keep on squeezing countries that are in the midst of depression.” Obama called on all... Continue reading
Posted Feb 2, 2015 at The Jubilee Blog
Report: West Africa Needs Debt Relief to Address Economic Challenges By Sophia Har The United Nations Economic Commission for Africa (UNECA) released a report calling for debt cancellation for Ebola-impacted countries. The new report, "A Case for External Debt Cancellation... Continue reading
Posted Jan 30, 2015 at The Jubilee Blog
By Sophia Har The Syriza party won 149 seats in Greece's Parliament and formed a coalition government with the conservative Independent Greeks who won 13 seats. Syriza campaigned on promises to cease austerity measures and renegotiate some of Greece's debt.... Continue reading
Posted Jan 27, 2015 at The Jubilee Blog
As we reflected on the legacy of Dr. Martin Luther King this past weekend, and as news headlines from around the world remind us of the importance of interfaith unity, we remember the remarkable event that Jubilee USA organized last... Continue reading
Posted Jan 20, 2015 at The Jubilee Blog
Mechanism That Cancelled Haitian Debt Post-Earthquake Could Help Ebola-Affected West Africa by Sophia Har January 12 marks the five-year anniversary of Haiti's 2010 earthquake. The 7.0 quake killed an estimated 230,000 people, injured 300,000 more and displaced 1.5 million Haitians.... Continue reading
Posted Jan 12, 2015 at The Jubilee Blog
Concerns Continue Over Global Impacts of Debt Dispute by Sophia Har An Argentina bond contract clause expires on December 31st raising the possibility that hold-out hedge funds and Argentina could settle a long running debt dispute. After defaulting in 2001,... Continue reading
Posted Jan 8, 2015 at The Jubilee Blog
Today is Giving Tuesday, a great chance to support worthy causes around the world. We sent the message below to supporters last night and wanted to share it here on our blog as well. Please support us this #GivingTuesday and... Continue reading
Posted Dec 2, 2014 at The Jubilee Blog
On Thanksgiving, Jubilee USA is Grateful for You Friends- As Co-Chairs of Jubilee USA Network, we want to thank-you for your support and partnership. On behalf of everyone at Jubilee, we are grateful that you join us to change the... Continue reading
Posted Nov 29, 2014 at The Jubilee Blog
Below is an email we sent our supporters asking them to thank the White House and Treasury Secretary Jack Lew for their call for debt relief for Ebola-stricken West Africa. Please join us in thanking Secretary Lew and add your... Continue reading
Posted Nov 26, 2014 at The Jubilee Blog
G20 Moves Forward on Ebola Debt Relief Plan African mayors gathered in Accra, Ghana to call on the International Monetary Fund (IMF) and World Bank to cancel debts owed by the countries impacted by the Ebola epidemic. The Global Alliance... Continue reading
Posted Nov 19, 2014 at The Jubilee Blog
US Seeks to Move IMF to Cancel $100 Million in Debt for Sierra Leone, Liberia and Guinea The US government is asking the International Monetary Fund (IMF) to cancel $100 million of debt of the three developing countries most impacted... Continue reading
Posted Nov 14, 2014 at The Jubilee Blog
by Eric LeCompte The following article originally appeared in Catholic Alliance for the Common Good's Common Good Forum on October 29, 2014. For this week's Common Good Forum, we are featuring Eric LeCompte, the executive director of Jubilee USA Network.... Continue reading
Posted Nov 7, 2014 at The Jubilee Blog
Friends - Because you support Jubilee USA, we changed how the global media talks about vulture funds. We changed a mainstream media story focused on "investor rights" to a story about PREDATORY hedge fund behavior - and Jubilee's views are... Continue reading
Posted Nov 4, 2014 at The Jubilee Blog
Ebola. It's on everybody's mind right now, and for good reason. More than four thousand lives lost - children, parents, grandparents, spouses. Thousands more infected. Last week Jubilee USA met with the White House to talk about the connections between... Continue reading
Posted Oct 31, 2014 at The Jubilee Blog
In DC, we are engaging the International Monetary Fund (IMF). Across the country, nearly 150 synagogues, churches and mosques prayed and acted during Jubilee Weekend (October 10-12) to address inequality and the causes of extreme poverty. In the lead up... Continue reading
Posted Oct 22, 2014 at The Jubilee Blog
By Nick Birnbaum During the week of October 6, 2014, Jubilee USA was actively involved in discussions on debt, predatory funds and financial reform at the IMF/World Bank Annual Meetings. Below is one of our press releases from the meetings.... Continue reading
Posted Oct 20, 2014 at The Jubilee Blog
By Nick Birnbaum Jubilee's partners at New Rules for Global Finance are looking for feedback from across the globe on how the international community should deal with sovereign debt issues. This is a great opportunity to participate in a global... Continue reading
Posted Sep 26, 2014 at The Jubilee Blog
By Aldo Caliari Director, Rethinking Bretton Woods Project - Center of Concern Co-Chair, Jubilee USA Network Board of Directors In June of this year, the US Supreme Court extinguished the last hope that a US judge’s ruling handing “vulture funds”... Continue reading
Posted Sep 22, 2014 at The Jubilee Blog
by Sophia Har The first half of the month has seen several developments in Argentina's debt dispute with holdout creditors. Notably the UN passed a resolution last Tuesday that begins the process of creating a global bankruptcy process. The following... Continue reading
Posted Sep 16, 2014 at The Jubilee Blog