@isabelortiz.bsky.social
Director Global Social Justice; former Director at the United Nations' ILO and UNICEF http://www.isabelortiz.info/
Our new #ObserverSummer25 is out nowπ
This edition covers civil society demands of unconditional debt relief in #Jubilee2025, IMF's upcoming surveillance review, World Bank's billions to trillions 'fantasy', Sri Lanka, Argentina & the IMF, #FFD4, and more π₯π
tinyurl.com/ObserverSumm...
A large, diverse crowd of protesters gathers beneath las Setas in Seville, Spain, holding colorful signs and banners advocating for economic justice, climate action, and global equity. Prominent signs include messages like "Dignity Not Debt" and "Global Economic Justice Now." A large inflatable globe is also visible. Overlaid at the top of the image is bold white text reading: "FfD4: JOB NOT DONE!"
#FfD4 is far from the milestone for global economic governance reform it could have been.
For #CivilSociety, it's clear that the job is not done. We need real reform, not a watered-down consensus.
Read our analysis π www.eurodad.org/ffd4_job_not...
"A document that examines in detail the foreign and domestic, public and private resources that could finance development does not consider, not even once, the most important institution of public money creation: the central bank."
NEW by @danielagabor.bsky.social, third dispatch from FfD4.
Back from the disappointing UN Conference on Financing for Development #FfD4, with 50+ heads of state, high-level participants +6,000 private sector participants/lobbyists. The outcome doesn't have the level of ambition needed for current crises; often it perpetuates structural problems
#FFD4People
1/ After nearly 3 years of research, our @hrw.org report "The Gig Trap" is finally out. It documents how companies like Uber, Lyft, DoorDash, Instacart, Shipt, Favor, and Amazon Flex created a business model that undermines labor rights & deepens inequality in the US. A π§΅https://hrw.org/node/391214
12.05.2025 14:55 β π 86 π 60 π¬ 2 π 2
Instead of building schools and hospitals, billions in public funds from Africa vanish into offshore accounts, luxury real estate and shell companies.
We have analysed 78 cases, revealing where stolen funds end up. Check it out! β¬οΈ https://buff.ly/3BoJPZ0
Why wouldn't we want multinational corporations to pay their share of taxes? It's mind-boggling. #FfD4
03.07.2025 13:39 β π 24 π 13 π¬ 0 π 1
For a decade, we've been told blended finance would turn "billions into trillions." The reality? Just $15 billion annuallyβless than 0.4% of the $4 trillion needed for SDGs.
My reflections from #FfD4 β‘οΈ open.substack.com/pub/marianam...
Back from the disappointing UN Conference on Financing for Development #FfD4, with 50+ heads of state, high-level participants +6,000 private sector participants/lobbyists. The outcome doesn't have the level of ambition needed for current crises; often it perpetuates structural problems
#FFD4People
We canβt ignore the human rights impacts of budget cuts & austerity.
As Attiya Waris put it: βThereβs blood on the budget lines.β
Check out her new think tank working to reimagine global financial governance: house-of-fiscal-wisdom.com
The G7βs decision to let US multinationals off the hook weakens even that the modest floor of a 15% global tax and sends the wrong message to the rest of the world. A @projectsyndicate.bsky.social piece with @jayatighosh.bsky.social and Jose Antonio Ocampo. www.project-syndicate.org/commentary/g...
30.06.2025 15:48 β π 21 π 15 π¬ 2 π 0
Powerful @endausterity.bsky.social panel at #FFD4 on alternatives to budget cuts for investing in universal social protection & public services.
The most common austerity measure? Slashing social protectionβreplacing universal programs w narrow, means-tested safety nets. @isabelortiz.bsky.social
It was a great privilege to present our Jubilee Report on Sovereign Debt findings and recommendations to Cardinal Parolin. We look forward to the work we will continue to do to redesign global debt architecture. Countries must be able to strengthen critical areas like health and education.
23.06.2025 11:36 β π 5 π 3 π¬ 0 π 0Countries are hobbled by debt, funneling money to creditors instead of to health, education or infrastructure. @josephestiglitz.bsky.social and @martinguzman.bsky.social headed a Jubilee Commission report that suggests remedies. Worth a read or a watch
24.06.2025 14:10 β π 5 π 6 π¬ 0 π 0
We exposes the illusion of consensus at the #FfD4 conference where multilateralism was not saved, but sanitized.
From a U.Swalkout to behind-the-scenes sabotage by Global North allies, Read :
π menafemmovement.org/the-illusion...
#FfD4 #DebtJustice #TaxJustice #ClimateFinance #SystemicReform
π’ The UNβs new #FfD4 outcome doc is 38 pages of UN-speak.
GPF Europeβs @bodoellmers.bsky.social breaks it down: 8 key takeaways on #DRM, private finance, trade, debt, data + more, focusing on what might actually lead to action.
π www.globalpolicy.org/en/news/2025...
We're celebrating 23 June Public Service Day with an amazing photo from Turkiye!
Genel-Δ°Ε Council of Chairs took the opportunity to say #NoToAusterity on #PSDay2025!
We'll defend public services - in TΓΌrkiye, in Europe and everywhere!
America's superrich emerged in two phases: predatory finance followed by quasi-monoplies based on network effects paulkrugman.substack.com/p/inequality...
22.06.2025 21:13 β π 1012 π 320 π¬ 30 π 15
NEW: 80+ NGO leaders, parliamentarians, economists & academics call for Keir Starmer to stop blocking critical debt reform, support measures to tackle debt crisis in lower-income countries and attend #FfD4
w/ @carladenyer.bsky.social & @jayatighosh.bsky.social
www.theguardian.com/world/2025/j...
New World Bank #poverty data updated with 2021 PPPs:
- Extreme poverty has gone from $2.15 a day to $3 a day
- The higher poverty line from $6.85 to $8.30
- 125 million more extreme poor
- 45% of the world is below the upper poverty line
#GlobalSocialJustice
blogs.worldbank.org/en/opendata/...
πPls help disseminateπ
As governments are currently negotiating a weak draft outcome of the 2025 World Social Summit, please help to disseminate these requests from civil society
The #wssd2 must not be a missed opportunity
@ipsnews.net #GlobalSocialJustice
www.ipsnews.net/2025/05/2025...
π’ This β¬ is what happened to UK #inequality since 1961. It soared in the 1980s under Thatcher and no UK govt has seriously tried to reverse it since - so, the centre cannot hold and things fall apart...
ifs.org.uk/living-stand...
πPls help disseminateπ
As governments are currently negotiating a weak draft outcome of the 2025 World Social Summit, please help to disseminate these requests from civil society
The #wssd2 must not be a missed opportunity
@ipsnews.net #GlobalSocialJustice
www.ipsnews.net/2025/05/2025...
π¨ Alarming results: cancer risk of #glyphosate much higher than expected, even at doses considered safe by the EU and national authorities.
www.pan-europe.info/press-releas...
π¨MYTH: lower taxes mean more jobs. FACT: @psiglobalunion.bsky.social report shows there's no link between low corporate tax rates & employment growth.
"Fair corporate taxation is essential for sustainable development" Jose Antonio Ocampo.
The report: publicservices.international/resources/di...
"The refusal by the EU and UK to support a debt reform process at the UN is deeply concerning. the outcome of these talks will have far-reaching consequences for the global financial system and the lives of billions across the Global South." Iolanda Fresnillo, Eurodad
The #EU and #UK are stopping the global south from having a say by blocking UN-led #debt reform in #FfD4 outcome document. π
Our press release: www.eurodad.org/eu_and_uk_bl...
New World Bank #poverty data updated with 2021 PPPs:
- Extreme poverty has gone from $2.15 a day to $3 a day
- The higher poverty line from $6.85 to $8.30
- 125 million more extreme poor
- 45% of the world is below the upper poverty line
#GlobalSocialJustice
blogs.worldbank.org/en/opendata/...
Had a good talk with Quino Petit of @elpais.com about where we are now.
Tuve una buena conversaciΓ³n con Quinoa Petit de @elpais.com sobre dΓ³nde estamos ahora.
elpais.com/comunicacion...
Platform workers face insecurity, low pay, and are excluded from social security while companies make billions.
Binding ILO standards are crucial to ensure these precarious workers have decent jobs and are included in social security
@lenasimet.bsky.social #ILC2025
www.hrw.org/news/2025/06...
