November 14, 2016
Eric LeCompte, Executive Director of Jubilee USA was recently featured in Catholic News Service, America Magazine, and Catholic Philly speaking on policies under the incoming Trump Administration. Read excerpt below and follow link to full article.
How Catholic Advocates View the New White House
By: Dennis Sadowski
"In one sense, LeCompte hopes that the practices of predatory hedge funds, trade agreements that fail to consider the needs of workers, and corporate tax avoidance that his agency has addressed with Congress and past White House administrations will resonate with Trump's staff. They are issues Trump has touched on during his campaign rallies in states with large blue-collar communities.
'We expect all of our issues we work on in terms of how the global economic system works (will receive) a welcome from the White House,' LeCompte said."
Read more here.
Read More
November 11, 2016
Eric LeCompte, Executive Director of Jubilee USA was recently featured in Catholic News Service speaking about partners recently named Jubilee Champions. Read excerpt below and follow link to full article.
Concept of Biblical Jubilee Comes to Life
By: Dennis Sadowski
"Archbishop Tomasi was one of four Jubilee Champions honored for their work on debt relief efforts at the dinner. Others were Spencer Bachus, a former Republican member of Congress from Alabama who ushered legislation through Congress that led to more than $130 billion in debt relief; Kent Spriggs, a Florida attorney who was the lead author of 'amicus curiae' brief spearheaded by Jubilee USA, signed by 80 faith-based organizations and filed with the U.S. Supreme Court in a 2014 case that helped Argentina block the predatory debt collection practices of a so-called 'vulture fund'; and Ruth Messinger, former president of American Jewish World Service and co-founder of Jubilee USA 20 years ago.
Eric LeCompte, Jubilee USA Network executive director, said the four honorees were crucial to the organization’s success, but more importantly showed that their commitment can serve as a strong example of solidarity with the world’s poorest communities."
Read more here.
Read More
November 11, 2016
Eric LeCompte, Executive Director of Jubilee USA was recently featured in Devex speaking on trade. Read excerpt below and follow link to full article.
What Trump's Dumping of Trade Agreements Means for Developing Countries
By: Lisa Cornish
“'It’s absolutely clear across the United States that struggling, working class people elected Trump, and one of the issues that was absolutely critical for the voting population was how trade is impacting jobs in the United States,' Eric LeCompte, executive director of Jubilee USA, told Devex. It’s something that was a force in putting Trump into office.'”
Read more here.
Read More
November 10, 2016
A program sponsored by Jubilee USA was recently featured in Catholic News Service. Read excerpt below and follow link to full article.
Pope Prioritizes Need for an Economy that Includes Poor, Archbishop Says
By: Dennis Sadowski
"Archbishop Roberto Gonzalez Nieves of San Juan, Puerto Rico, described how the country's debt crisis continues to plague the island. He said that despite passage in July of a bill by the U.S. Congress allowing for the restructuring of the island's $72 billion in debt, schools continue to close, health care options are reduced and infrastructure is being ignored.
'Puerto Rico and its creditors need to work together and find a way for Puerto Rico to pay back without placing a huge burden on the poor,' Archbishop Gonzalez said."
Read more here.
Read More
November 09, 2016
Eric LeCompte, Executive Director of Jubilee USA was featured in IPS speaking on debt restructuring. Read excerpt below and follow link to full article.
Options Lacking to Help Developing Countries Avoid Debt Crises
By: Tharanga Yakupitiyage and Lyndal Rowlands
"LeCompte echoed similar sentiments, highlighting the importance of laws around responsible and sustainable lending and borrowing.
'We need to figure out, at the United Nations, how do we start to move [debt restructuring] into soft law, how do we start to create a framework and structure that allows…for problems to be worked out in a more responsible way,' he told IPS."
Read more here.
Read More
November 02, 2016
Eric LeCompte, Executive Director of Jubilee USA was recently featured in National Catholic Reporter speaking on the role of Catholic leadership in political advocacy. Read excerpt below and follow link to full article.
Previewing the USCCB Meeting: the Good the Conference Achieves
By: Michael Sean Winters
"The USCCB was essential to the passage of the Puerto Rico Oversight, Management, and Economic Stability Act, or PROMESA, legislation that set up a fiscal control board to help restructure the island government's debt. And, most especially, they fought for and won an amendment that charges the control board, by statute, with ameliorating childhood poverty on the island, which is near sixty percent. 'The U.S. Conference of Catholic Bishops and the leadership of Archbisop Wenski were amazing,' says Eric LeCompte, executive director of JubileeUSA, which also pulled out all the stops to pass the legislation. 'It was their efforts that allowed members of Congress to understand that more than a financial crisis, we were dealing with a humanitarian crisis. When members of Congress were unsure of how to move forward, Catholic bishops and partners like Catholic Charities played pivotal roles. It's interesting to note that many of the decision makers that facilitated a solution are Catholic.'"
Read more here.
Read More
September 22, 2016
Eric LeCompte, Executive Director of Jubilee USA was recently featured in Public Finance International speaking on illicit financial flows and transparency. Read excerpt below and follow link to full article.
Fresh Tax Leak Names Directors of Secretive Offshore Firms
By: Emma Rumney
"Eric LeCompte, executive director of the Jubilee USA network, which advocates for a world economy that works for the poorest, described the leak as the 'sequel' to the Panama Papers, and another example of how 'money laundering, corruption and tax evasion thrive in the dark.'"
Read more here.
Read More
September 19, 2016
Jubilee USA's work on tax and transparency was recently featured on CCTV. View below or on Youtube.
Darrin Brown discusses global tax issues
By: Staff
Read More
September 16, 2016
Eric LeCompte, Executive Director of Jubilee USA was recently featured in Public Finance International speaking on Mozambique. Read excerpt below and follow link to full article.
Mozambique to Cooperate with IMF on Public Debt Audit
By: Emma Rumney
"Eric LeCompte, executive director of Jubilee USA Network, said his organisation is concerned about how the scandal will impact on [sic] those living in one of the world’s poorest countries.
'Audits are an important accountability tool for citizens,' he said. 'We also need to see improved regulation in the global financial system that encourages budget transparency and promotes responsible lending and borrowing.'"
Read more here.
Read More
September 16, 2016
Eric LeCompte, Executive Director of Jubilee USA was recently featured in Agenzia Fides speaking on Mozambique. Read excerpt below and follow link to full article.
Mozambique President Meets IMF and World Bank as Debt and Corruption Concerns Loom
By: Staff
"'Audits are important government accountability tools for citizens. We also need to see improved regulation in the global financial system that encourages budget transparency and promotes responsible lending and borrowing', concluded LeCompte."
Read more here.
Read More
September 15, 2016
Eric LeCompte, Executive Director of Jubilee USA was recently featured in African Business Review speaking on Mozambique. Read excerpt below and follow link to full article.
Mozambican President to Meet With IMF; What Will the Outcome Be?
By: Wedaeli Chibelushi
"Public budget transparency and responsible lending and borrowing are critical for protecting vulnerable communities. Transparency and accountability ensure that loan money is used to invest in communities that need that investment and that the public has a voice in how its government spends public dollars. What happens in Mozambique could set important precedents for how debt is audited and how governments are held accountable when it comes to spending borrowed funds. We pray that vulnerable communities are not affected by the sins of its government and creditors."
Read more here.
Read More
September 15, 2016
Eric LeCompte, Executive Director of Jubilee USA was recently featured in Reuters speaking on Mozambique. Read excerpt below and follow link to full article.
IMF Says Mozambique President to Cooperate on Debt Audit
By: David Lawder
"Eric LeCompte, director of Jubilee USA Network, a Washington-based non-profit group that advocates for the world’s poorest people, said he hoped that a balance could be struck between the need for increased transparency of Mozambique’s finances, and the need to restore aid to the country.
'We have to ensure that those who did nothing to create the crisis are not the most impacted by the crisis,' LeCompte told Reuters."
Read more here.
Read More