Climate vulnerable countries debt payments highest in three decades
Debt payments for the countries most vulnerable to climate change are set to hit their highest level in over 30 years. New figures released today by Debt Justice, calculated from…
I’m ready to fight harder – Manchester Together Against Debt
“I’m ready to fight harder...for a Greater Manchester where people can live free from the fear of debt, hunger and eviction.” These were the words spoken by Andy Burnham,…
Africa experiencing worst debt crisis in a generation
The majority of African countries spent more repaying external debts than on healthcare or education – and in some cases both – last year as the continent experiences its worst…
Online Event: Debt, colonialism and power
Both Ghana and Sri Lanka’s debt deals have collapsed in recent weeks, undermined by greedy private lenders who are refusing to cancel unjust debt. We’re facing the worst global debt crisis…
Number of ‘over-indebted’ people in the UK up nearly a third since 2017
The latest Financial Lives Survey commissioned by the Financial Conduct Authority shows that there are now 10.1 million over-indebted people in the UK. Whilst this is 2.7 million lower than…
Climate Resilient Debt Clauses: good or bad for the Global South?
When a country is hit by a catastrophic external shock, like climate extreme events, there is currently no comprehensive and consistently applied method of suspending debt payments. This means that…
IMF and World Bank meetings spark global protests for debt cancellation
The International Monetary Fund (IMF) and World Bank are two of the biggest development banks in the world. Their lending policies have profound impacts on millions of people in lower…
Private lenders reject a debt relief deal with Sri Lanka
Responding to reports that Sri Lanka’s bondholders have rejected a restructuring proposal, Heidi Chow, Executive Director of Debt Justice said: “Once again banks, asset managers and hedge funds are refusing…
Private lenders reject Ghana debt relief deal
Reacting to the news that Ghana’s bondholders have rejected a restructuring proposal, Bernard Anaba, Public Policy Specialist at the Integrated Social Development Centre (ISODEC) in Ghana said: “The breakdown in…
Trustee Vacancy
Deadline for applications: 9am on Monday 29 April 2024 This is a voluntary (unpaid) Trustee position, although expenses are available. Debt Justice is looking for new Trustees to join our…
