A group of bondholders have rejected the latest debt restructuring offer from the Ethiopian government and reaffirmed they are suing the East African country in the UK High Court. Reacting…
The illegal attacks by the US and Israel on Iran and Lebanon have caused massive destruction, claimed thousands of lives and put countless more at risk. And the closure of the Strait of Hormuz is…
Private lenders will make $4.4 billion (CFA2,500 billion) profit if they are paid in full by Senegal. The new calculations by FRAPP and Debt Justice show this is 44% more…
Lower-income country debt payments have hit their highest level for 35 years, after more than trebling since 2010. Average debt payments for 56 lower-income countries reached 19.2% of government revenue…
On Friday 30 January official creditors including China and France rejected a debt restructuring deal between Ethiopia and its bondholders, saying it was a “very low restructuring effort“.[1] Debt Justice…
Asset manager BlackRock could make $2.1 billion profit on its loans to countries in or at high risk of debt distress, according to new research by Debt Justice and Christian…
In the weeks of media speculation ahead of the UK budget, government debt has dominated the headlines. The threat of a “debt crisis” is often used to justify cuts in…
Ethiopia’s bondholders have again rejected a debt restructuring deal and have threatened to sue.[1] Reacting to the news, Tim Jones, Policy Director at Debt Justice said: “Ethiopia’s bondholders are refusing…
***Updated data on 14 April*** The US’s imposition of tariffs on imports from across the world has hit financial markets. The move is likely to exacerbate the debt crisis affecting…
Reacting to minister for development Anneliese Dodd’s speech at the London Stock Exchange today, Heidi Chow, Executive Director of Debt Justice, said: “The government has rightly made tackling unsustainable debt in…
