At least 90% of the Greek bailout has paid off reckless lenders
New analysis of IMF figures, released by the Jubilee Debt Campaign, show that almost all of the money lent by the IMF, European governments and the European Central Bank to…
Sierra Leone to pay $1.75 million IMF debt on Christmas Eve
Take Action: Call on the IMF to cancel all the debt now The IMF is going back on a pledge made by the G20 to cancel debts of Ebola countries,…
Battle over whether G20 ‘deal’ will leave Ebola countries more indebted
• Campaigners call for debt relief not more loans as WHO admits off-track in bringing the disease under control • Over two weeks have passed since G20 $300 million pledge…
Election 2015: How to avert a new debt crisis
Jubilee Debt Campaign’s manifesto for the 2015 general election. Introduction Over the last forty years, the removal of regulations on lending has driven devastating debt crises affecting people on every…
Vulture funds: Why the UK voted ‘no’ to action at the UN – dissected
More than 700 people have written to their MP to ask why the UK government voted against action on vulture funds at the United Nations in September. Many have now…
Jubilee Debt Campaign welcomes US call for Ebola debt relief
UK government must support expanded debt relief at Brisbane G20 this weekend. Jubilee Debt Campaign has welcomed a call by US officials for emergency debt relief from the IMF for…
Calls on UK government to prevent debt crises
Eighteen organisations from the UK and Global South have written to British Minister for International Development Justine Greening calling for support for a range of measures to prevent debt crises…
Lending boom threatens to create new debt crises
New figures released today predict that current rates of lending could lead to debts becoming unsustainable in many impoverished countries over the next decade, just a few years after some…
Don’t turn the clock back: Analysing the risks of the lending boom to impoverished countries
There is currently a boom in lending to impoverished countries. External loans to low income countries increased by 75% between 2008 and 2012. Lending to sub-Saharan African countries doubled over…
Argentina passes law to establish debt audit commission
Argentina has legislated to create a commission to investigate the origin of the country’s debt, dating back to the military dictatorship of 1976 to 1983. The law states that once…
