Commodities price fall signals rise in debt payments
The fall in the price of commodities, led by oil, has led to large falls in the value of currencies in developing countries. Financial markets are betting on countries’ trade…
The Big Give Christmas Challenge
Thank you so much to everyone who donated to our Big Give Christmas Challenge! We doubled the maximum possible number of donations, getting £9,500 doubled to £19,000. And with Gift…
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…
Ghana in talks with IMF as debt problems deepen
Ghana is to hold negotiations with the IMF in September on a new loan programme following a fall in the currency which has increased the level of debt payments. Under…
UN experts blocked from making debt proposals
The United Nations Intergovernmental Committee of Experts on Sustainable Development Financing has identified debt sustainability as one of the key financing challenges facing countries in the meeting of new Sustainable…
Vulture funds profit from shadowy financial markets
In the wake of Argentina being blocked from making debt payments, there is much speculation about who lies behind various trades taking place in financial markets. Argentina has been declared…
Don’t owe, won’t pay: YES to life! NO more vultures!
This past June 16th, the Supreme Court of the U.S. announced two highly pernicious decisions not only for Argentina and its people, but for all those who defend sovereignty and…
Judge Griesa: It is just not to pay an illegitimate and immoral debt
An open letter from Nobel Peace Laureate, Adolfo Pérez Esquivel, to Thomas Griesa, the US judge presiding over the ‘debt trial of the century’ between Argentina and two vulture funds…
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.…
