News Archives » international debt

UNCTAD Mandate on Debt Relief Sustained May 3rd, 2012

Jubilee USA is celebrating passage of the Doha Accord, a major step forward in developing solutions to the international debt crisis. The Missionary Oblates is a member of the Jubilee USA coalition and has a seat on the Board. Last week during tough and divisive negotiations in Qatar, Jubilee USA – working with governments and international partners – secured a strong mandate on debt and responsible lending and borrowing.

Click here to read more »

On St. Patrick’s Day, Protect the Irish March 19th, 2012

Rev. Seamus P. Finn, OMI and Eric LeCompte, Director of Jubilee USA – wrote a joint piece on the legitimacy, or lack thereof, of international debt burdens. Their full article can be found on the Huffington Post:

“On the Feast of St. Patrick, there may be no better way to honor the patron of Ireland, who according to legend drove out snakes from the country, than by protecting the Irish people from bailing out a nonexistent reckless speculation bank.

Anglo-Irish Bank (Anglo) financed some of Ireland’s worst property speculators for unsustainable golf courses, hotels and super markets and saddled the Irish people with a massive, unjust debt.

At Jubilee USA Network we know a lot about unjust debts. …”

Read the full blog post.

 

Read more…

 

Fall 2010 Issue of the JPIC Report Available October 10th, 2010

Read the new issue of the JPIC Report. If you are not receiving a hard copy in the mail and would like to, please contact the JPIC Office by emailing Mary O’Herron.

Read the Fall 2010 JPIC Report (Download PDF)

Lift the Debt Burden on Poor Countries September 21st, 2009

Without debt relief, the developing world has little hope of economic progress, say the Rev. John Welch* and Ruth Messinger*.

The two members of Jubilee USA argue for debt cancellation in the poorest countries in a compelling article published in the Pittsburgh Post Gazette on the eve of the G-20, the international financial summit being hosted by President Obama.

Click here to read more »

$1.2 Billion in Haitian Debt Cancellation: A Welcome Victory July 1st, 2009

Extended Campaign to Win Relief for Haiti Finally Pays Off

The Oblate JPIC Office joins other members of the Jubilee USA Network in welcoming the news that, at last, Haiti has reached “completion point” in the Heavily Indebted Poor Countries program.

This step means the cancellation of $1.2 billion in external debt owed by the impoverished island nation to bilateral and multilateral lenders including the IMF, World Bank, and US government. The Boards of the World Bank and IMF met on June 30 to formally approve Haiti’s debt stock cancellation under HIPC and the Multilateral Debt Relief Initiative.

Click here to read more »

Time is Running Out on the Jubilee Act! Contact Your Senator Today July 24th, 2008

Jubilee USA members worked hard to get the Jubilee Act passed in the House of Representatives last April. But, the bill must also pass in the Senate. With only one week left before the August recess, and limited legislative time this fall, your Senators must hear from you in order to make the Jubilee Act law.

Call your Senator today!

Read our Action Alert for more information and details of how you can help.

Return to Top