News Archives » poverty

International Day for the Eradication of Poverty – October 17th October 12th, 2010

The Spirit of the Lord is upon me because he has anointed me to preach the good news to the poor. He has sent me to proclaim release to the captives and recovery of sight to the blind, to set at liberty those who are oppressed. (Luke 4:18-19)

Worship resources for the International Day for the Eradication of Poverty on October 17th are available in sixteen languages thanks to the Commission for Justice, Peace and Integrity of Creation, USG/UISG Secretariat in Rome.

The English, Spanish and French versions are available from our site for download:

• Eradication of Poverty Prayer (English)
• Eradication of Poverty Prayer (French)
• Eradication of Poverty Prayer (Spanish)

Please visit the Wiki of the Commission for Justice, Peace and Integrity of Creation, USG/UISG Secretariat for additional languages.

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)

Worship Resource for International Eradication of Poverty Day – October 17 July 2nd, 2010

The Spirit of the Lord is upon me because he has anointed me to preach the good news to the poor. He has sent me to proclaim release to the captives and recovery of sight to the blind, to set at liberty those who are oppressed. (Luke 4: 18-19)

In 1992, the General Assembly of the United Nations declared 17th October the International Day for the Eradication of Poverty. The JPIC Commission of the USG/UISG aims to promote awareness of the need to eradicate poverty and destitution in all countries, particularly in developing countries. A prayer service was prepared for the Commission by the NGO ‘Social Justice Ireland’. (Download PDF of the prayer service)

Canada Holds Up Congo’s Debt Cancellation July 1st, 2010

The World Bank announced yesterday that it was postponing the Democratic Republic of Congo’s long-awaited debt cancellation, even though the country has qualified. The postponement has come about at the request of Canada, because Canadian mineral firm First Quantum is in dispute with the government of DRC over mineral rights.

The DRC has been waiting for debt relief for 7 years, while the IMF and World Bank have satisfied themselves that the country has met numerous economic conditions. Politics has come into play before – last year the IMF held up DRC’s progress through the debt relief scheme because the country was proposing to take loans from China. Congo and China agreed to reduce the amount and terms of the loans late last year.

Click here to read more »

Seamus Finn, OMI on Nightly Business Report: Discusses Impact of Derivatives on the Poor June 7th, 2010

How does the financial system affect the poorest of the poor? Watch the June 7th issue of the Nightly Business Report for a segment on faith-based investors and efforts to rein in the derivatives market – a cause of the recent instability that has affected nearly everyone.

In an interview with Darren Gersh, Seamus Finn, OMI clearly draws the connections between decisions made by bankers and the lives of the poor. Fr. Finn talks about the need for greater disclosure of derivative risk – disclosure that a significant number of other shareholders have favored in recent Resolutions with Citibank, JP Morgan Chase, and Goldman Sachs. Up next is legislation on Capitol Hill that could force banks to spin off their derivatives business.

Watch the Nightly Business Report from June 7, 2010 on Vimeo…

Recent Developments at the United Nations April 14th, 2010

Daniel LeBlanc, OMI – Oblate representative at the United Nations – shares about recent meetings at the UN. His report focuses on:

1. Two High Level Meetings on the Global Financial Crisis
2. Summit on MDGs + 10 Review
3. Extreme Poverty: An Affront to Human Rights

Read the Report (Download PDF)

Return to Top