US tariffs will intensify debt crisis in lower-income countries
***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…
Removing the stigma from debt means tearing down the current system
“There’s no better way to justify relations founded on violence, to make such relations seem moral, than by reframing them in the language of debt – above all because it…
Michael Sheen pays off £1m of neighbours’ debts
Michael Sheen Backs Coalition Campaign Calling for Fair Banking Act in Channel 4 documentary Actor and debt campaigner Michael Sheen has backed calls for the government to pass a Fair…
2025: The year we Cancel Debt, Choose Hope
This year, as we launch the Cancel Debt, Choose Hope campaign, campaigners and activists from all over the world are coming together in the biggest global movement for debt cancellation…
A climate finance COP – or a massive flop?
Rising sea levels, tropical storms and droughts aren’t just destroying lives and ecosystems, they are also pushing lower-income countries further into crushing debt. This year’s international climate talks – COP29…
Drowning in Debt: The Climate Finance Failure of COP29
This COP was supposed to be an opportunity for rich countries to finally stump up the bill for their climate debt – to provide adequate, public, grants-based climate finance of…
Debt cancellation – a first step towards reparatory justice
Debt was on the front page of the Guardian in October, when it was reported that No.10 could take action on debt as part of a programme of ‘reparatory justice’.…
The climate crisis is heating up, here’s why we can’t solve it without dealing with the debt crisis
The climate crisis is intensifying across lower-income countries. From severe droughts and flooding in Zambia to intensifying hurricanes across the Caribbean, the communities least responsible are bearing the brunt of…
UK Court rules that Mozambique is owed over $2 billion in hidden debt case
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…
Debt and Kenya’s economic crisis
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…
