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…
New research released today finds that Ethiopia’s bondholders would still make 30% profit from the government’s proposed debt restructuring deal. The briefing also concludes that IMF debt sustainability targets could…
Debt relief could lead to 17 million people gaining access to clean drinking water, 5 million more children attending school, and over 59,000 children and mothers’ lives being saved in…
This week a UK Court ruled that United Arab Emirates company Privinvest owes over $2 billion to Mozambique in a debt scandal which dates back to 2014. Mozambique campaigners the…
Last month there were huge protests against tax rises in Kenya. The tax increases, including sales tax on essentials such as bread and cooking oil, were proposed in response to…
Banks, hedge funds and asset managers have been lobbying vigorously against proposals to ensure private lenders take part in debt relief. They are using exactly the same arguments as 15…
