Philippines: The typhoon and the debt
Two weeks on from Typhoon Haiyan (Yolanda) in the Philippines, the British public have responded with incredible generosity, donating over £50 million to the Disasters Emergency Committee so far. Yet…
Two weeks on from Typhoon Haiyan (Yolanda) in the Philippines, the British public have responded with incredible generosity, donating over £50 million to the Disasters Emergency Committee so far. Yet…
Thanks a lot to everyone who took part in the #NotOurDebt photo action during Debt Week 2013. Here’s some of the best messages we saw on Twitter… [View the story…
The same vulture fund which is trying to make Argentina default on its debt has now wrested the Cooperative Bank out of cooperative hands. Aurelius Capital Management, along with Silver…
The tiny Caribbean island of Grenada, population 100,000, has stopped paying its £560 million debt. On Saturday, as the IMF and World Bank annual meetings got underway in Washington DC,…
Leaked minutes of IMF meetings in 2010 show that Argentina, Brazil, India, Russia and Switzerland all argued that some Greek debt owed to private banks should be cancelled before any…
The cost of austerity packages imposed in the name of paying debts in Europe has been high. In Portugal fees for health care have been imposed, costs for utilities have…
Several developing countries, including Jamaica, El Salvador and Pakistan, are failing to meet international development goals after rich countries reneged on a pledge to deal with their debts. Moreover, unjust…
The US Supreme Court has today refused to hear Argentina’s appeal against vulture funds who are seeking a huge profit out of the South American country, whilst possibly forcing Argentina…
A call to mobilize on October 8 to 15, Global Week of Action Against ILLEGITIMATE DEBT & International Financial Institutions Debt payments, tax avoidance and capital flight are impoverishing people…
Business Minister Vince Cable has refused to respond to concerns raised by the Kenyan Debt Relief Network (KENDREN) about the legitimacy of Kenya’s debt to the UK. Kiama Kaara, Senior…