Pope Francis Releases "Laudate Deum" Ahead of Global Economy and Climate Meetings (tags)
Pope Francis urged international cooperation to tackle environmental crises, in a document released today. Laudate Deum – which in Latin means “Praise God” – is a follow-up to his 2015 Laudato Si, the most comprehensive Encyclical on climate and the environment.
African Bishops Call for Debt Relief and Aid to Address Multiple Crises (tags)
G7 and African finance leaders should work together to remove the heavy burdens of debts in Africa, Catholic bishops and other faith leaders from the region said in Accra, Ghana, at the end of a two-day meeting.
World Bank and IMF Announce $1.1 Billion in Debt Relief for Chad (tags)
The International Monetary Fund (IMF) and the World Bank announced $1.1 billion in debt relief for Chad. The money comes through the IMF and World Bank's two major debt relief programs: the Heavily Indebted Poor Country Initiative (HIPC) and the Multilateral Debt Relief Initiative (MDRI). Chad is the 36th country to receive HIPC relief and the first since 2012. Chad is the fourth-least developed country in the world. More than half its population lives in poverty.
World Water Day: Global outrage over Ethiopia mega-dam (tags)
Almost 400 organizations have signed a petition against Africa’s tallest dam, which will be delivered to Ethiopian embassies across Europe and the United States to mark World Water Day on Tuesday March 22nd.
Israeli and American Rankings on Violence and Corruption (tags)
Rankings understate reality
Global Capital Flows to the Rich (tags)
The global imbalance seems more dangerous for all other countries than for the US. A fundamental reform of the international monetary system is overdue. The US dollar is no longer the stable anchor of the world monetary system.