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News Archives » Economic Justice


Faith Groups Call for Increased Poverty-Focused Foreign Assistance May 11th, 2012

The Missionary Oblates joined 35 multi-faith U.S.-based religious institutions in urging Congress to pass a faithful budget that increases funding above current levels for poverty-focused international development, humanitarian assistance and global health programs in the State and Foreign Operations Appropriations bill. The letter points out, “Using less than one percent of the federal budget, poverty-focused foreign assistance saves lives, lays the groundwork for economic growth around the world and fosters global human security. Its programs alleviate hunger and malnutrition, help communities access clean water and sanitation, facilitate rural development, educate children, combat deadly but preventable diseases and promote global health.”

Read the full letter (Download PDF)


UNCTAD Mandate on Debt Relief Sustained May 3rd, 2012

Eric LeCompte, Jubilee's Executive Director at UNCTAD meetings in Doha, Qatar on April 23-26

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.

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UNCTAD Meeting Overcomes Serious Disagreements April 27th, 2012

At a contentious meeting of the UN Commission on Trade and Development (UNCTAD) ending Thursday in Doha, Qatar, the role of the UN organization in examining trade and development was confirmed, but not after a week of hard debate. The Doha Mandate, adopted by consensus by the member States, requests that UNCTAD continue its work along the three pillars of consensus-building, policy research and technical assistance. “UNCTAD remains the focal point in the United Nations for the integrated treatment of trade and development, and interrelated issues in the areas of finance, technology, investment and sustainable development,” reads part of the agreed text.

Profound discord between industrialized nations and developing countries threatened to ruin the UNCTAD meeting in Doha, and endangered the survival of this United Nations body that defends the interests of the developing nations of the South. Disagreements between the blocs, broadly identified as countries of the North and of the South, have arisen mainly from differing views of UNCTAD’s mandate and different visions of development and how it relates to social, environmental, economic and financial variables. 

One important area under discussion involved giving UNCTAD a mandate to investigate the current global financial crisis and its effects on the real economy, something for which developing countries and NGOs pressed, but which industrialized countries rejected out of hand.

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Spring/Summer Issue of JPIC Report now available! April 26th, 2012

The Spring/Summer Issue of our bi-annual print newsletter is now available on-line. (Download the PDF…)

This issue includes articles on Global HIV/AIDS funding, a new organic farm at Oblate headquarters in Washington, the human reality at the US/Mexican border, shareholder advocacy in the financial sector, human trafficking and environmental issues: from biodiversity loss and climate change to OMI JPIC work in solidarity with Bangladeshi colleagues and new solar panels on an Oblate church in California.


Shareholders, NGOs, raise questions about Newmont Mining’s social and environmental risks at company’s Annual General Meeting April 26th, 2012

Shareholders and NGOs at the Newmont Mining annual meeting in Wilmington, DE on Tuesday, April 24, questioned company senior management and the Board of Directors about the operational and reputational risks Newmont faces in Peru, and emphasized the need for the Free, Prior and Informed Consent (FPIC) of local communities where Newmont operates. In addition, the group strongly encouraged additional disclosure by the company on its environmental and social guidelines and practices, including Board oversight of these issues. The Missionary Oblates are involved in the dialog with Newmont, with particular concerns about the company’s operations in Peru, the Congo and Indonesia.

In 2007, in response to a shareholder proposal filed by members of The Interfaith Center on Corporate Responsibility (ICCR), Newmont agreed to conduct a global review of its policies and practices related to community opposition in its mining operations. At this year’s annual shareholder meeting, the lead proponent of that proposal, Julie Tanner, Assistant Director of Socially Responsible Investing at Christian Brothers Investment Services (CBIS), expressed frustration over Newmont’s lack of disclosure on the implementation its Community Relations Review (CRR).

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