Reaction: G7 should tackle private lenders rather than blame China
Reacting to the G7 Finance Ministers statement released today at the end of their summit[1], Tim Jones, Head of Policy at Debt Justice said: “To tackle the debt crisis in…
UK development strategy will intensify debt crisis in lower income countries
Commenting on today’s launch of the UK government’s International Development Strategy, Heidi Chow, Executive Director of Debt Justice said: “Many lower income countries are already in a full-blown debt crisis,…
Rowan Williams joins campaign for Debt Justice
Jubilee Debt Campaign is today relaunching as Debt Justice to continue its work to build power in the hands of people to end unjust debt and demand a fair economy.…
G7 responsible for over half of lower income country debt payments
New calculations released by anti-poverty campaigners Debt Justice today show that G7 countries are responsible for 51% of external debt payments by lower income countries. On the same basis, China…
Flagship lending transparency scheme gets information from just two banks
Only two banks have disclosed any information through the flagship lending transparency scheme of the Institute of International Finance (IIF) and Organisation for Economic Co-operation and Development (OECD). Banks first…
Protestors call on BlackRock to cancel Zambia’s debt
Campaigners demonstrated outside BlackRock’s London office on day of annual earnings release BlackRock, the world’s richest asset manager, could make $180 million profit from Zambian debts for itself and its…
BlackRock could make 110% profit out of Zambia’s debt crisis
Jubilee Debt Campaign has estimated that asset manager BlackRock could make $180 million profit for itself and its clients out of its investment in Zambian bonds if the debts are…
Trustee Vacancies (Voluntary)
Deadline for applications: 9am on Monday 11th April Jubilee Debt Campaign is looking for three new Trustees to join our board and help strengthen our work to challenge poverty and…
Campaigners say two-thirds of Zambia’s debt needs to be cancelled
Figures released today by the Zambian Civil Society Debt Alliance and Jubilee Debt Campaign UK show that external private lenders and other governments need to cancel at least two-thirds of…
IMF loans must not be used to bail out Zambia’s private lenders
The IMF has announced that its staff have reached an agreement with the government of Zambia on a $1.4 billion loan over three years. The only information about the programme…