News Archives » Faith Responsible Investing
Argentina Takes on Vulture Funds in “Debt Trial of the Century” April 23rd, 2013
For years, “vulture funds” have preyed on struggling nations by purchasing their debt for a pittance. Could an upcoming U.S. court decision put an end to the extortion of poor countries?
Read the article in Sojourner’s Magazine by Jubilee USA Director Eric LeCompte:
Last October, soldiers from the West African nation of Ghana boarded an Argentine naval ship called the Libertad. They overtook the crew and brought the ship to port in the town of Tema. This was not an act of piracy, at least not in the sense we normally understand it. The detaining of the Libertad took place after hedge fund NML Capital convinced a Ghanaian court that the ship, which was sailing in Ghanaian jurisdiction, should be held ransom for a debt the hedge funds claimed Argentina owed them.
The saga began in 2001, when Argentina was thrown into economic crisis and defaulted on its loans. Hedge funds swooped in and bought Argentine debt for almost nothing and circled until the country was in recovery to collect the debt in full.
VIVAT International Jan-Feb-Mar 2013 Newsletter March 29th, 2013
Please find the Jan-Feb-March 2013 online newsletter from VIVAT International here. (Download PDF)
Subjects covered include:
- Academia and Advocacy
- Human Rights & Big Business
- Land-grabbing
- Anti Human Trafficking
- Africa Faith & Justice
- 51st Commission on Social Development
- Post 2015
- Experience at VIVAT International
Pew Campaign on Human Health & Industrial Farming March 5th, 2013
Doctors routinely instruct patients that antibiotics should be used only to treat bacterial infections, using the proper dosage, and for the full course of treatment. Otherwise, failure to follow these rules increases the likelihood that some of the bacteria will survive and mutate to become drug resistant.
Yet even if patients follow these medical instructions, they still may suffer from antibiotic-resistant infections. That is because many large producers of meat and poultry feed antibiotics to their healthy food animals to offset the effects of overcrowding and poor sanitation in CAFOs. Up to 70 percent of all antibiotics sold in the United States go to healthy food animals.
Visit the Pew Campaign site to learn more.
Thanks to National Catholic Rural Life Conference for this information. Get their monthly newsletter by visiting their website.
UN Survey for Post 2015 Agenda March 5th, 2013
The United Nations is conducting a global survey asking you to choose your priorities for a better world. Our VIVAT International is a partner in this endeavor, and has asked us to make this available to you. our readers. Results of the survey will be shared with world leaders in setting the next global development agenda. Please go to this link for the survey tool: http://www.myworld2015.org/?partner=VIVAT
You can choose your own language. Contact the VIVAT staff if you have any question, problem or difficulty in accomplishing the survey. Thanks!
Ecumenical Advocacy Days 2013 February 28th, 2013
“Those who gathered much had nothing over, and those who gathered little had no shortage; they gathered as much as each of them needed.” (Exodus 16:18)
“When you give a banquet, invite the poor, the crippled, the lame, and the blind. And you will be blessed, because they cannot repay you, for you will be repaid at the resurrection of the righteous.” (Luke 14:13-14)
Sign up today to attend the EAD 2013 gathering in Washington, DC scheduled for April 5-8. The theme for this year is “At God’s Table: Food Justice for a Healthy World”
Join 1,000+ Christian advocates at the 11th annual Ecumenical Advocacy Days to seek Food Justice for a Healthy World! In a world that produces enough food for everyone, EAD will explore the injustices in global food systems that leave one billion people hungry, create food price shocks that destabilize communities everywhere, and undermine God’s creation. At God’s Table, all are invited and fed, and the poorest in our midst are given a special place. Together we will seek the abundance and equality that we find reflected in the biblical image of God’s great banquet table (Exodus 16:16-18 & Luke 14:12-24). Inspiring speakers will offer a faith-based vision for fair and humane food policies and practices, along with grassroots advocacy training, all culminating with Monday’s Lobby Day on Capitol Hill.
