UN votes for rules to stop vulture funds
The United Nations General Assembly has passed a resolution to create new legal rules to stop financial speculators like vulture funds from undermining debt restructurings. The motion, passed by 124…
Developing countries propose new global debt rules
Over 130 developing countries have unanimously submitted a proposal to the United Nations calling for new legal rules to stop predatory financial speculators like vulture funds from undermining debt restructurings.…
Dr Martin Dent OBE: a humanitarian giant and the author of ‘Brand Jubilee’
“Inspirational”, “visionary”, “fantastic academic”, “true philanthropist”, and “great English eccentric” are just some of the descriptions given to Martin Dent, who died on Saturday 3 May 2014, aged 89. In 1990,…
British MPs support action to prevent vulture funds scavenging Argentina
“Debt trial of the century” could cause financial shockwaves Over 100 British Members of Parliament have signed a motion supporting action to prevent vulture funds profiteering from Argentina and forcing…
Unfair debt deal agreed for Argentina
The Paris Club group of rich countries has announced it has reached an agreement for Argentina to begin repaying up to $9.7 billion, double the size of the original debt.…
Global Jubilee representatives meet Pope Francis
Members of the global jubilee movement this week met the Pope and senior Cardinals. Representatives of the African Forum and Network on Debt and Development (Afrodad), the Caribbean Debt Network,…
Bill Peters: The Passing of a Great Debt Campaigner
William (Bill) Peters CMG CVO MBE, distinguished diplomat and debt campaigner extraordinary, died peacefully in the early hours of Saturday 29 March, aged 90.
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”.…
Chancellor ignores Jubilee for Justice demands
In September 2013, we handed in a petition from over 10,000 people calling for a Jubilee for Justice: – Cancellation of unjust debts – Just and progressive taxation – Controls…
Lending boom as IMF and World Bank account for almost half of loans
Figures released by the World Bank have revealed that lending to low income country governments is booming, increasing by 30 per cent in just one year. Almost half of the…
