Blog from Jamaica: ‘We are in the same debt trap as the government’
It is 1998, I’m 16 and going on my first large protest. It’s in Birmingham for the Jubilee 2000 demonstration, calling for the G8 group of self-appointed most important countries…
Blog from Grenada: Why the ‘Spice Isle’ has stopped paying its debts
It’s 10:30 at night and I’m trying a short cut through the grounds of an upmarket hotel in Grenada to get to my much cheaper room on the other side.…
Caribbean nations join together to push for debt cancellation
Caribbean nations have publicly called for debt cancellation for the region. This week, the Heads of Government of the Caribbean Community (CARICOM) called for “reparations for native genocide and slavery”.…
Vulture funds take control of Cooperative Bank
The same vulture fund which is trying to make Argentina default on its debt has now wrested the Cooperative Bank out of cooperative hands. Aurelius Capital Management, along with Silver…
Grenada takes brave stand for debt justice
The tiny Caribbean island of Grenada, population 100,000, has stopped paying its £560 million debt. On Saturday, as the IMF and World Bank annual meetings got underway in Washington DC,…
Leaked IMF documents show global opposition to lender’s bank bailout
Leaked minutes of IMF meetings in 2010 show that Argentina, Brazil, India, Russia and Switzerland all argued that some Greek debt owed to private banks should be cancelled before any…
Vulture funds cause chaos over Argentine debt
The US Supreme Court has today refused to hear Argentina’s appeal against vulture funds who are seeking a huge profit out of the South American country, whilst possibly forcing Argentina…
Outrage as Vince Cable refuses to respond to Kenyan campaigners
Business Minister Vince Cable has refused to respond to concerns raised by the Kenyan Debt Relief Network (KENDREN) about the legitimacy of Kenya’s debt to the UK. Kiama Kaara, Senior…
What the UK could do now to bring in a Jubilee for Justice
Over 10,000 people have signed our petition for a Jubilee for Justice calling for: Cancellation of the unjust debts of the most indebted nations Promotion of just and progressive taxation…
UK pushes Pakistan, Indonesia and the Gambia into more debt
The UK government has backed loans to Pakistan, Indonesia and the Gambia without conducting any assessment of their impact, or the ability of the countries to repay. The revelations come…
