IMF loan for Pakistan repeats history of failed bailouts
The International Monetary Fund has agreed in principle to lend $5.3 billion to Pakistan over three years.
Vince Cable criticised over £2 billion arms loan to Oman
Vince Cable’s Business Department has backed £2 billion of loans to the dictatorship in Oman to buy Typhoon fighter aircraft.
EU and US ‘trade’ deal increases risk of financial crisis
Reaction to the G8 summit announcement that the EU and US will enter negotiations on a free trade agreement.
Campaigners call for Pakistan debt freeze as repayments undermine fight against poverty
Pakistan’s economy has been paralysed by an unpayable and largely unjust debt burden that is preventing the country reaching its poverty goals and hindering the development of democracy, says a…
Call for Jamaican debt cancellation as bailout loan agreed
The IMF is today (Wednesday 1 May) set to agree a $1 billion four-year bailout loan for Jamaica.
Debt ‘vultures’ told to keep claws off Argentina
Campaigners dressed as vultures will protest outside ‘vulture fund’ Elliot Advisors on Tuesday 26 February
German debt cancellation shows equitable way to solve Europe’s crisis
German, Irish, Spanish and British debt campaigners tell Troika: 'learn from history' [...]
Economic change is about justice, not charity, say faith leaders
MPs have heard calls from faith leaders to pursue radical policies that will lead to justice for the poorest people in both the UK and the world.
Faith leaders to tell MPs that world needs new financial system
Christian, Jewish, Muslim and Sikh leaders will urge MPs to support a radical overhaul of the financial system in a meeting in Parliament on Tuesday 5 February.
European debt crisis: Faith leaders call for radical economic change
347 faith leaders sign letter calling for a 'Jubilee for Justice'