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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
G7 Summit Focuses on Ukraine War, Pandemic, Climate, Vaccines and Debt
Gathering in Bavarian Alps, President Biden and G7 Prime Ministers Confront Global Inflation, Food Security and Economic Crises Washington DC – On Sunday, G7 presidents and prime ministers begin their three-day summit under the German Presidency. Meeting at the Schloss... Continue reading
Posted yesterday at The Jubilee Blog
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World Trade Organization Vaccine Decision Won't Do Enough to Address the Pandemic in Developing Countries, Says Development Group
Washington DC – Ministers of World Trade Organization (WTO) member countries agreed on a limited waiver of COVID-19 vaccine patents to help developing countries acquire coronavirus vaccines. “For countries struggling to protect their people against continued COVID outbreaks, this decision... Continue reading
Posted Jun 17, 2022 at The Jubilee Blog
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New York Legislation Resolves Developing Country Debt Crises and Protects US Taxpayers
Bill Can Ease Global Supply Shocks and Help Vulnerable People Weather Pandemic and Ukraine Economic Shocks Washington DC – A New York State Assembly bill requires private creditors to join debt relief initiatives for developing nations struggling with debt crises,... Continue reading
Posted Jun 10, 2022 at The Jubilee Blog
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G7 Presses China and Private Creditors on Debt Relief
Ukraine War, Debt and Inflation were Focuses of the G7 Meeting Washington DC – G7 finance ministers issued their strongest statement to date pressing China and the private sector to engage in debt relief efforts for developing countries. Germany, holding... Continue reading
Posted May 20, 2022 at The Jubilee Blog
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New York Legislation Focuses on Pandemic Aid for Developing Countries and Requires Private Creditors Join in Debt Relief Deals for Poor Nations
US Taxpayers, Consumers and Economy Poised to Benefit from Action Washington DC – A newly introduced bill in New York State aims to help resolve debt and economic crises that developing countries face in the wake of the pandemic. "Most... Continue reading
Posted May 20, 2022 at The Jubilee Blog
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Biden, G7, G20 Host Second COVID Summit
Leaders Pledge Vaccines, Treatments and Health Investment By Mizraim Belman President Biden hosted heads of state and philanthropy and private sector leaders for a second summit on COVID-19 response. At the virtual gathering, leaders of over 35 countries pledged actions... Continue reading
Posted May 13, 2022 at The Jubilee Blog
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AFL-CIO/Jubilee Ukraine Pandemic Barron's Commentary
Eric LeCompte and Cathy Feingold, the Deputy President of the ITUC and International Director of the AFL-CIO, writing for Barron's call for global economic policies in response to the Ukraine war and the health and economic crises severely impacting most... Continue reading
Posted May 12, 2022 at The Jubilee Blog
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IMF and World Bank Meetings Focus on Ukraine War, Pandemic, Food Prices and Climate
Development Group says IMF Meetings Failed on Critical Decisions. Ukraine War Derails Release of IMF and G20 Communiques Washington DC – World leaders attending the IMF and World Bank Spring Meetings failed to agree on communiques usually issues during these... Continue reading
Posted Apr 22, 2022 at The Jubilee Blog
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IMF Head: Ukraine War, Pandemic Worse, Debt, Food Security
By Nadia Khan, Communications Associate IMF Head Raises Global Challenges Ahead of World Leader Meetings in "Curtain Raiser" Speech Washington, DC – The war in Ukraine will add to the pandemic crises that most countries are struggling with and lengthen... Continue reading
Posted Apr 14, 2022 at The Jubilee Blog
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IMF Sets Up New Pandemic and Climate Aid Instrument
By Nadia Khan, Communications Associate Tool Accepts Donations of Special Drawing Rights Aid Washington DC – The IMF Board of Directors established a new fund to aid developing countries with long-term pandemic and climate challenges. The Resilience and Sustainability Trust... Continue reading
Posted Apr 14, 2022 at The Jubilee Blog
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Yellen: IMF Needs Overhaul to Fight New Global Crises
By Nadia Khan, Communications Associate April 13, 2022 Washington DC – The IMF needs more tools to fight modern, potentially more frequent global crises, Treasury Secretary Janet Yellen argued in a speech to the Atlantic Council. “Health, climate and development... Continue reading
Posted Apr 14, 2022 at The Jubilee Blog
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Devex Quotes Eric LeCompte on Development Finance
By Nadia Khan, Communications Associate Devex Quotes Executive Director Eric LeCompte on Development Finance. Read the full article here. Devex Invested: Can development finance fix global inequality? By Adva Saldinger An expected outcome document from the 2022 forum is likely... Continue reading
Posted Apr 12, 2022 at The Jubilee Blog
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National Catholic Reporter Quotes Eric LeCompte on Pope Francis' Speech in Malta
By Nadia Khan, Communications Associate National Catholic Reporter quotes Executive Director Eric LeCompte on Pope Francis' speech in Malta. Read the full article here. In Malta, Pope Francis criticizes those responsible for Ukraine war, forced migration By Christopher White Eric... Continue reading
Posted Apr 4, 2022 at The Jubilee Blog
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West Orlando News Quotes Executive Director Eric LeCompte on Puerto Rico
By Nadia Khan, Communications Associate Executive Director Eric LeCompte comments on action needed in Puerto Rico. Read the full article here. Puerto Rico: Action Needed to Avoid New Bankruptcy, Reduce Child Poverty By Rebecca Martin In a statement on Puerto... Continue reading
Posted Mar 28, 2022 at The Jubilee Blog
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Catholic News Service Quotes Jubilee USA on Puerto Rico's Debt
By Nadia Khan, Communications Associate Jubilee USA Network comments on Puerto Rico's debt in an article by Catholic News Service. Read the full article here. Puerto Rico religious leaders welcome long-awaited debt restructuring plan By: Dennis Sadowski “We should make... Continue reading
Posted Mar 21, 2022 at The Jubilee Blog
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Puerto Rico: Action Needed to Avoid New Bankruptcy, Reduce Child Poverty and Support Island Recovery
26 Major US and Puerto Rico Faith Leaders Sign Statement Calling on White House, Congress and Elected Officials to Promote Island Development By Mizraim Belman Guerrero In a statement on Puerto Rico’s debt settlement, 26 Puerto Rico and US religious... Continue reading
Posted Mar 15, 2022 at The Jubilee Blog
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The Tablet Quotes Eric LeCompte on Restructuring Ukraine's Debt
By Nadia Khan, Communications Associate. Eric LeCompte is quoted in The Tablet on restructuring Ukraine's debt. Read the full article here. US Catholics express solidarity with Ukraine By Michael Sean Winters Eric LeCompte, executive director of JubileeUSA, a Catholic non-profit... Continue reading
Posted Mar 8, 2022 at The Jubilee Blog
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Eric LeCompte Comments on Ukraine's Debilitating Debt in Barron's
By Nadia Khan, Communications Associate Eric LeCompte writes for Barron's on Ukraine's debilitating debts. Read the full article here. Ukraine’s Debts Will Be Debilitating, Unless the World Helps By Eric LeCompte The images of families fleeing and the decimation of... Continue reading
Posted Mar 8, 2022 at The Jubilee Blog
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Reuters Quotes Eric LeCompte on Ukraine
By Nadia Khan, Communications Associate Reuters quoted Eric LeCompte on Ukraine's debt burden. Read the full article here. Ukraine tapped lion's share of IMF reserve allocation, debt pressures building By Andrea Shalal The U.S. Treasury Department and the IMF could... Continue reading
Posted Mar 3, 2022 at The Jubilee Blog
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Devex Quotes Eric LeCompte on Growing Debt Crisis
By Nadia Khan, Communications Associate Devex Invested: IFC’s focus on Africa: Makhtar Diop 1 year on By Shabtai Gold and Adva Saldinger Experts are worried about a distinct lack of urgency at the G-20 around the growing debt crisis, with... Continue reading
Posted Mar 3, 2022 at The Jubilee Blog
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Yahoo Finance and South China Morning Post Quote Eric LeCompte on Debt, China and the G20
By Nadia Khan, Communications Associate Why is China being blamed for the stalled G20 debt relief plan for distressed countries? Yahoo Finance and South China Morning Post quoted Eric LeCompte on China, debt relief and the G20. Read the full... Continue reading
Posted Mar 1, 2022 at The Jubilee Blog
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Eric LeCompte speaks on KPFA News about the G20 and pandemic response
By Nadia Khan, Communications Associate The KPFA Evening News (Saturday) – February 19, 2022 Selected Statements from Eric LeCompte "We were expecting stronger language on pandemic response, on vaccines as well as debt relief." "Right now, the majority of the... Continue reading
Posted Mar 1, 2022 at The Jubilee Blog
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Reuters Quotes Eric LeCompte on G20 Discussions
By Nadia Khan, Communications Associate Russia, China water down G20 text on geopolitical tensions By Gayatri Suroyo and David Lawder The G20 talks, held virtually and in the Indonesian capital, Jakarta, were also marked by disagreements over the group's stalled... Continue reading
Posted Feb 22, 2022 at The Jubilee Blog
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G20 Finance Ministers Grapple with Third Year of Pandemic Economy
By Mizraim Belman Guerrero G20 finance ministers and central bank governors begin their first meetings under the Indonesian G20 presidency on Thursday. The two-day meetings address global pandemic response, recovery and preparing for future crises. Developing country access to debt... Continue reading
Posted Feb 16, 2022 at The Jubilee Blog
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Federal Agencies Assist Puerto Rico Deploy Aid for Climate Resilient Energy
By: Nadia Khan, Communications Associate Federal agencies and Puerto Rico signed an agreement to speed up $12 billion in disaster recovery funds to strengthen Puerto Rico energy infrastructure. The Departments of Energy, Homeland Security and Housing and Urban Development signed... Continue reading
Posted Feb 15, 2022 at The Jubilee Blog
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