As the war in Iran impacts low-income countries, a new issuance of special drawing rights can reduce the risk of financial crisis contagion + create tens of thousands of US export-related jobs without costing taxpayers a dime, Ivana Vasic Lalovic & Michael Galant write.
Low- and middle-income countries are straddled with crippling public debt, hamstringing efforts to combat the climate crisis.
At this week's IMF Spring Meetings, CEPR is calling attention to this issue.
Ivana Vasic Lalovic breaks it down for this week's episode of "From D.C. Across the Americas."
Iran war escalation could trigger global recession, IMF warns -- Growth forecasts cut for US and global economy, while UK suffers sharpest downgrade in G7.
www.theguardian.com/business/202...
"The fact that Venezuela's Central Bank is still being prevented from standing on its own two feet may speak to tensions within the Trump admin around the goals of US intervention in 🇻🇪" - Andres Arauz & Michael Galant in Phenomenal World.
"Expanded cooperation between the US/Ecuador demonstrates that Washington is willing to overlook Noboa’s democratic backsliding, the closing of civic space & widespread allegations of human rights abuses by Ecuadorian security forces," Pedro Labayen told the Wyoming Star.
The Trump administration is violating the Geneva Conventions with its oil blockade on Cuba, @ceprdc.bsky.social's Mark Weisbrot explains
#NEW PRESS RELEASE 🇨🇴
CEPR Applauds Colombian Government’s Decision to Exit Investor-State Dispute Settlement System that Impedes Environmental Protection https://tinyurl.com/54yfnwej
Read the full statement ⬇️
CEPR international research director @jakobjohnston.bsky.social was on Urban View Radio this week with Greg Carr & Lamont King to discuss recent news from Haiti and the Trump administration's intervention in the hemisphere.
Watch the full interview here:
Expertos de más de 24 países instan al presidente colombiano a liderar una coalición internacional contra este sistema de resolución de disputas
🔗 elpais.com/america-co…
"What began as an attempt to demonstrate the ongoing relevance of unrivaled US military power is fast becoming one of the most consequential strategic miscalculations of this century," CEPR senior research fellow Guillaume Long writes in @fortune.com.
Tensions between Ecuador and Colombia have reached new heights after President Petro asserted that a bomb from Ecuador killed 27 Colombians amid ongoing joint military operations with the US
Andres Arauz goes in depth on this week's From D.C. Across the Americas
FULL: https://tinyurl.com/2dbxh355
ICE detention deaths are now occurring at a rate of roughly one every four days. Three weeks ago that rate was one every six days. The pace is accelerating, and Congress has not launched a single investigation.
With foreign troops set to deploy to Haiti, CEPR international research director
@jakobjohnston.bsky.social argues in @thenation.com that there is another way: to build something new, Haiti doesn’t need war. It needs peace.
"In exchange for ceding Ecuadorian sovereignty, Noboa can expect Washington to be a willing partner in continued acts of state violence and to ignore, if not embolden, a further deterioration of human rights and democracy in #Ecuador." -- Pedro Labayen Herrera of @ceprdc.bsky.social
82 million Americans can't afford health care, but Hegseth gets lobster? The Department of Defense spent $93 billion in September while many are skipping meals to afford doctor visits. That’s some bulls--t.
My column:
www.usatoday.com/story/opinio...
What is "The Shield of the Americas"? The new U.S. initiative lets Donald Trump play out an "imperial fantasy" and continues a long, bipartisan trend of political meddling in the hemisphere, says author and researcher @jakobjohnston.bsky.social.
CEPR hosted a Hill briefing last Friday titled: "Cuba in Crisis: What Congress Needs to Know"
Here, former Obama aide @rhodesben.bsky.social discusses how sanctions hamstring Cuba's economic reform and why @democrats.org should be more outspoken on the use of sanctions as collective punishment.
It's been 10 years since #BertaCaceres was assassinated in a conspiracy led by DESA corporation high-ups and others determined to implement a dam project that threatened traditional Indigenous Lenca territory. Some still need to be brought to justice.
cepr.net/newsroom/10-...
🚨 NEW EPISODE of CEPR's Expert Video Series
"From D.C. Across the Americas"
This week, Francesca Emanuele on the oil siege of #Cuba
"The claim that Cuba constitutes an unusual and extraordinary threat to U.S. security is an absurd premise that does not withstand serious scrutiny."
Next week, Reps. Ro Khanna and Thomas Massie will force a vote to stop Trump’s march to an illegal, disastrous war with Iran.
Call 1-833-STOP-WAR (1-833-786-7927) to connect with your Reps to urge them to vote YES on the Khanna-Massie War Powers Resolution.
Jesse Jackson opened doors that many said couldn't be opened.
CEPR Co-Founder Dean Baker shares a moving tribute to Jackson's legacy—his rainbow coalition, his economic populism, and the America he helped build. Rest in power. cepr.net/publications...
ICE is in fact the worst of the worst
“They were hellbent on not allowing anybody to help him until he was dead,” she said. “I was right there, and they — all of them — made the decision to deny me access to give him the best possible chance of survival.”
The Trump administration is deporting a Christian minister back to the country that tortured him, which seems like the kind of thing the Religious Right would care about if a dirty Democrat were doing it.
More than 1M Trump references in Epstein files.
"A group of progressive Democrats on Tuesday introduced a resolution to 'leave the Monroe Doctrine to the dustbin of history,' in the words of @NydiaVelazquez and replace it with a foreign policy in the Western Hemisphere based on mutual cooperation and respect."
National Press Club President Mark Schoeff, Jr. today issued the following statement: “The National Press Club is deeply alarmed by the arrest of journalist Don Lemon by federal agents Thursday night in Los Angeles while he was covering the Grammy Awards. Jailing a journalist for doing their job is dangerous — not only for press freedom, but for the public’s right to know. When reporters risk arrest for documenting events of public interest, the result is fewer witnesses, less accountability, and a more uninformed public. Mr. Lemon’s arrest is linked to his reporting during a Dec. 18 protest at a Minnesota church that included speaking to the pastor, members of the church and protestors. Mr. Lemon was simply practicing the core elements of constitutionally protected journalism: documenting the protest and providing context for the actions unfolding before him. He has stated he was not part of the demonstration. A magistrate judge previously declined to sign a criminal complaint related to that reporting, yet Mr. Lemon has remained subject to federal enforcement. The National Press Club is also concerned by reports that other independent journalists may have been detained in connection with this coverage. If confirmed, such actions would signal a troubling pattern of targeting journalists for newsgathering. Journalism is not a crime. Arresting or detaining journalists for covering protests, public events, or government actions represents a grave threat to press freedom and risks chilling reporting nationwide. The world is watching closely, and the implications of this case extend far beyond any one reporter.
The national Press Club released the following statement on the arrest of Don Lemon:
"The world is watching closely, and the implications of this case extend far beyond any one reporter."
I know all eyes are on Minneapolis, but there's a fast-approaching nightmare in Springfield, Ohio.
Trump is revoking protected status for tens of thousands of Haitians living there on Feb. 3.
Reportedly, on Feb. 4, 1000 ICE agents are arriving to remove this population. Ethnic cleansing.
"If we have to hunt you down, the way they hunted down Nazis for decades, we will find your identities. We will find you. We will achieve justice. And we will do so under the Constitution and laws of the United States."
www.youtube.com/watch?v=0Ft1...
If you keep calling us names, we will kill more of you.
