World Bank broke its own rules over high-interest loans to Ghana
Lender accused of guaranteeing profits for speculators The World Bank has been accused of helping to fuel a new debt crisis in Ghana after it was revealed it has broken…
Resisting the Debt Economy – Workshop at The World Transformed
Join our session on debt injustice in the UK and around the world at the World Transformed in Liverpool on Tuesday 27 September.
Great North Run: 14th Glorious Year for Team Jubilee
About 60 people, most of them staff and students at Newcastle University, participated in Jubilee Debt Campaign’s team in the Great North Run, the biggest half-marathon in the world, on…
Groundhog Day looms in Argentina as the IMF returns
A decade of IMF conditionality and adjustment sparked Argentina’s 2001 debt default and economic earthquake, and it was expelled from the country in 2006. Yet the country’s new government has…
Mozambique’s secret loans: A scandal that started in London
Tuna fishing ships and military patrol boats are currently sitting dormant, docked in the capital of Mozambique, Maputo. Together, these boats provide a daily physical reminder of the ongoing political scandal that…
Legalised looting: Public Private Partnerships and financial extraction
When it comes to infrastructure – roads, railways, power plants, ports and the like – the policy prescriptions from the World Bank and other international financial institutions sound like a…
Glastonbury 2016: The global debt iceberg
We have been at Glastonbury Festival spreading the word about the true cost of Public-Private Partnerships (PPPs). After many years of faithful service, the Drop the Debt bus has finally given…
Global call for hidden debts to be brought into the light
Civil society from borrowing and lending countries call for new approach to assessing debts The IMF and World Bank are reviewing the Debt Sustainability Framework, their main policy which is…
Campaigners in Mozambique call for non-payment of hidden debts
A group of 26 organisations in Mozambique have asserted that the $1.86 billion of the country’s debts at the centre of a growing international controversy were contracted illegally and should…
Campaigners criticise IMF cave in over Greek debt
Commenting on the Eurogroup and IMF staff agreement in Brussels early on Wednesday morning, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign said: “IMF staff are proposing to lend more…
