Davos and the debt billionaires
As the super-rich gather at the World Economic Forum (WEF) in Davos this week, some of the wealthiest bosses of the biggest private lenders to countries in debt crisis will be meeting…
A rare chance for real change
Campaigners demand action on the debt crisis at the preparatory meetings for FFD4 in New York, April 2025.
Taking our petition to Downing Street
This week, we presented 22,448 petition actions calling for a debt justice law to 10 Downing Street, including Ghanaian debt campaigner Bernard’s open letter to the prime minister – co-signed…
Private lenders to make $14 billion profit after debt relief deals
New research released today by Debt Justice[1] shows that private lenders will still make $14 billion profit on loans to lower-income countries, even after agreeing limited debt relief.[2] The research…
Ghana bondholders must cut debt by 50% to match UK and China debt relief
Ghana’s bondholders must cut debt payments by 50% if they are to match the terms agreed by governmental creditors such as China and the UK. New figures released today by…
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…
Reaction to debt relief deal for Ghana
For more information and interviews contact Jerome Phelps on +44 7307 620372 The Ghanaian government has reported that Ghana’s official creditor committee has reached a deal to restructure the country’s…
Stop cowboy lenders and end the global debt crisis
This year Pakistan will spend over $20 billion on debt payments to big banks and hedge funds. Right now, the country is struggling to rebuild after horrendous flooding last year,…
Ghana needs debt cancellation, not private lender bailout
Ghanaian civil society organisations have called for Ghana’s debt to be cancelled, rather than an IMF loan bailing out private lenders.[1] In a statement released today they say any IMF…
