News Archives » South America
USCCB Infographic to Stop Slavery! July 2nd, 2014
Please watch this new info-graphic from the US Catholic Bishops’ Conference Anti-Trafficking Program, and take action today!
“Investing for the Poor: How Impact Investing Can Serve the Common Good in the Light of Evangelii Gaudium” June 16th, 2014
The Vatican is convening a two-day conference on of impact investing – investments that directly benefit the poor. Fr. Seamus Finn, OMI is one of the conference speakers.
Read the Impact Investment Conference Program
See who is speaking at the conference…
Supreme Court Refuses Argentina Hedge Fund Debt Case June 16th, 2014
Lower Court Ruling Stands and Validates Hedge Fund Predatory Behavior
Washington DC – The US Supreme Court denied hearing Argentina’s appeal today and a lower court ruling stands that validates predatory behavior targeted towards countries in financial distress. The high court also denied a related appeal on behalf of the more than 92% of bond holders who had accepted Argentina’s restructuring deal after the default.
Eric LeCompte, Executive Director of the religious anti-poverty organization Jubilee USA, releases the following statement:
“I am blown away by the decision. For heavily indebted countries trying to support extremely poor people, this is a devastating blow. These hedge funds are equipped with an instrument that forces struggling economies into submission.
“For 15 years, Republicans and Democrats have agreed that the world’s poorest countries need to have their debt burdens reduced. Today, that bipartisan policy is threatened by the court’s decision.
“The religious community is saddened that these extreme actors will now broaden their efforts to collect assets that belong to the poor.
“One loser today is New York State. Given today’s ruling, countries wishing to borrow money are going to find other places to sign their contracts. That’s why legitimate Wall Street investors have joined the IMF, World Bank, United Nations and the United States Government in opposing this behavior.
“Given the ruling, we need to see what legislative remedies we can implement to stop these hedge funds.”
Read a history and timeline of the case.
Read Jubilee’s USA’s filing urging the Supreme Court to take case.
STOP Trafficking During FIFA! June 5th, 2014
In a week, “the biggest single-event sporting competition in the world” will commence: The FIFA World Cup. Half a million people are anticipated to attend the 2014 World Cup, which will be held in Brazil.
Live Your Dream is an online community empowering offline action, helping women and girls to live their dreams. They sponsored a #STOPTrafficking Awareness Week before the Superbowl in January. Along with spectators, large sporting events see an influx of sex trafficking victims.
You can take action to STOP Trafficking during FIFA!
Live Your Dream has created a resource and letter for nearly 200 hotels in the 12 Brazilian host cities to help hotel employees recognize the signs of trafficking and encourage them to contact the authorities if they suspect trafficking.
GOAL: 7,000 signatures in 7 days – SIGN HERE! Over 4,000 people have signed the letter as of this posting.
With the World Cup a week away, the organization is trying to get as many signatures of support as possible. Please sign your name now, and share this action with others so they may help put a stop to this atrocious crime against women and girls.
Spring/Summer 2014 Issue of JPIC Report Available On-Line April 28th, 2014
The Spring/Summer 2014 issue of JPIC Report is now available on line as a PDF. It will soon be available in print form.
Please contact Mary O’Herron in the JPIC Office if you want to be added to the mailing list.
You can find all issues of JPIC Report on this website in the Resources section. (Download a PDF of the latest issue)
