Grenada takes brave stand for debt justice
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 IMF documents show global opposition to lender’s bank bailout
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…
Life before debt
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…
Break of debt pledge stops development goals from being met
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…
Vulture funds cause chaos over Argentine debt
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…
NOT OUR DEBT! Global Week of Action 8-15 October 2013
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…
Outrage as Vince Cable refuses to respond to Kenyan campaigners
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…
Life and Debt in Pakistan: Speaker Tour 2013
A UK-wide speaker tour with Abdul Khaliq from CADTM-Pakistan on the impact of sovereign debt on life in Pakistan, and the struggle against it.
What the UK could do now to bring in a Jubilee for Justice
Over 10,000 people have signed our petition for a Jubilee for Justice calling for: Cancellation of the unjust debts of the most indebted nations Promotion of just and progressive taxation…
UK pushes Pakistan, Indonesia and the Gambia into more debt
The UK government has backed loans to Pakistan, Indonesia and the Gambia without conducting any assessment of their impact, or the ability of the countries to repay. The revelations come…
