Crux Now Features Jubilee USA's Puerto Rico Work

Eric LeCompte, Executive Director of Jubilee USA was recently featured in Crux speaking on Puerto Rico. Read excerpt below and follow link to full article.

Puerto Rico’s archbishop asks Congress for relief over debt crisis

By: Staff

"According to the Jubilee USA Network, which promotes debt relief around the world, a higher proportion of Puerto Rico’s population relies on Medicaid than in the 50 U.S. States.

'Disparity in coverage drives doctors and residents to move from the island to one of the states,' wrote Eric LeCompte, the Jubilee USA Network’s executive director, in a July 26 letter to Congress."

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Eric LeCompte Featured in the Millennial Journal

Eric LeCompte, Executive Director of Jubilee USA was recently featured in the Millennial Journal speaking on Jubilee USA's work. Read excerpt below and follow link to full article.

Building an Economy that Serves and Uplifts the Vulnerable: An Interview with Eric LeCompte

By: Robert Christian

"What are some of the accomplishments that Jubilee USA has achieved?

'We’ve won more than $130 billion in debt relief for the world’s poorest economies. Because of the US and global agreements we’ve won, that $130 billion is invested in schools, hospitals, and other social infrastructure. In Sub Saharan Africa alone, 54 million kids have gone to‎ school who never would have seen the inside of a classroom. Recently, Jim Yong Kim, the World Bank President, cited Jubilee’s efforts as the reason for economic growth in parts of Africa.'"

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Eric LeCompte Featured in Financial Express

Eric LeCompte, Executive Director of Jubilee USA was recently featured in The Financial Express speaking on trade. Read excerpt below and follow link to full article.

Jubilee USA Director Hails Inclusion of Dispute Settlement Mechanisms

By: Staff

"Eric LeCompte, Executive Director of the religious development group Jubilee USA, in a statement hailed the inclusion of dispute settlement mechanisms in the new trade negotiation goals.

'Trade agreements can be powerful tools for reducing global poverty and the new negotiating objectives recognise the need for trade to promote global development,' the statement said."

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Eric LeCompte Featured in Agenzia Fides

Eric LeCompte, Executive Director of Jubilee USA was recently featured in Agenzia Fides speaking on NAFTA. Read excerpt below and follow link to full article.

AMERICA/ UNITED STATES - “Promote Development and Protect Vulnerable Citizens” NAFTA Agreement for Revision

By: Staff

"Eric LeCompte, of the Jubilee USA Network, and Jennifer Hojaiban, sent a letter to Lighthizer stressing the need in these trade negotiations to promote development, to discuss problems and protect vulnerable citizens."

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Eric LeCompte Featured in Public Finance International

Eric LeCompte, Executive Director of Jubilee USA was recently featured in Public Finance Internation speaking on tax avoidance. Read excerpt below and follow link to full article.

Over 70 Nations Join Landmark Anti-Tax Avoidance Pact

By: Emma Rumney

"Eric LeCompte, executive director of Jubilee USA, which campaigns for a fairer financial system for the world’s poorest countries, said the agreement signed yesterday is also a 'critical step forward' for transparency and tackling corporate tax avoidance.

'The tax pact acknowledges that we are dealing with a problem that transcends borders and we need solutions that can cross borders,' he noted."

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Eric LeCompte Featured in Financial Express Bangledesh

Eric LeCompte, Executive Director of Jubilee USA was recently featured in Financial Express Bangledesh speaking on the United Nations Financing for Development Forum. Read excerpt below and follow link to full article.

UN Forum Focuses on Financing for Development Goals

By: Staff

"...'Two years ago, world leaders made promises through the Addis Ababa Action Agenda to build a more responsible global financial system,' notes Eric LeCompte who helped negotiate the outcomes and gave remarks during the closing sessions.

He leads the religious development group Jubilee USA. According to him, 'We must follow through on the commitments we made together in Addis Ababa.'"

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Eric LeCompte Featured in Telesur

Eric LeCompte, Executive Director of Jubilee USA was recently featured in Telesur speaking on Puerto Rico. Read excerpt below and follow link to full article.

Puerto Rico Begins Bankruptcy Process in Face of Massive Debt

By: Staff

“'The government of Puerto Rico complied with PROMESA and put in place a fiscal plan that cuts monies to the University of Puerto Rico, further cuts healthcare access to vital services, cuts pensions and freezes and reduces public sector salaries' LeCompte continued.

Although LeCompte acknowledged that 'the problem will get worse before it gets better,' he was optimistic that the Title III procedures will provide needed debt relief and lead to economic recovery.

'In the coming years, Puerto Rico will still have a lot of obstacles to overcome but if this process is done right, Puerto Rico will have a clear path for recovery and economic growth,' LeCompte added"

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Eric LeCompte Featured in CBC News

Eric LeCompte, Executive Director of Jubilee USA was recently featured in CBC speaking on Puerto Rico. Read excerpt below and follow link to full article.

Puerto Rico in Uncharted Waters as Historic Bankruptcy Process Begins

By: Steven D'Souza

"'This process does not allow for holdouts. It does not allow for predatory actors, and it forces everyone to be working through the same process to take a similar haircut,' he said.

'The reality is things are still going to be very hard for the people of Puerto Rico, but it's very likely they're going to get the debt relief they need, and it's going to be an unprecedented amount of debt relief.'" 

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Eric LeCompte Featured in The Tablet

Eric LeCompte, Executive Director of Jubilee USA was recently featured in The Tablet speaking on Puerto Rico. Read excerpt below and follow link to full article.

Bankruptcy Protection is a More Fair and Transparent Solution to Puerto Rican Debt Crisis 

By: Staff

"Eric LeCompte, executive director of Jubilee USA, a faith-based organisation that focuses on debt relief, called the filing a 'bankruptcy-like' step that was meant to protect Puerto Rico from creditors. The action, while posing short-term difficulties for Puerto Ricans, will protect vital social services, health care spending and school funding, LeCompte said."

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Eric LeCompte Featured in The Guardian

Eric LeCompte, Executive Director of Jubilee USA was recently featured in The Guardian speaking on Puerto Rico. Read excerpt below and follow link to full article. 

Puerto Rico Files for Bankruptcy in Last-Ditch Attempt to Sustain Public Services

By: Kate Hodal

“'If Puerto Rico were a country, it would be the 13th most indebted country in the world,' said Eric LeCompte, executive director of Jubilee USA, an NGO that focuses on debt relief.

'But this shows there really is some light at the end of the tunnel. This [bankruptcy] process is the first to deal with 100% of the [public] debt. It’s unique in that it may set a precedent for how sovereign debt can be renegotiated in the world.'" 

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