BlackRock – Cancel the Debt!
One of Ghana’s biggest lenders, BlackRock, is refusing to play ball in debt negotiations. Instead of agreeing to cancel Ghana’s debt – a country which is facing the ‘worst economic…
![Debt Justice and CAFOD protesters with Larry Fink masks demand BlackRock cancels Ghana's debt, City of London.](https://sp-ao.shortpixel.ai/client/to_webp,q_glossy,ret_img,w_300,h_200/https://debtjustice.org.uk/wp-content/uploads/2024/06/2406DebtJusticeBlackrock©JessHurd41-300x200.jpeg)
One of Ghana’s biggest lenders, BlackRock, is refusing to play ball in debt negotiations. Instead of agreeing to cancel Ghana’s debt – a country which is facing the ‘worst economic…
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…
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…
For nearly four years, Zambia has been stuck in negotiations to bring down debt levels that have destroyed the country’s economy. Finally, this week we learnt the groundbreaking news that…
The steering committee for Zambia’s bondholders and the Zambian government have announced they have reached an agreement to restructure Zambia’s debt, which has been accepted by public sector creditors. Reacting…
The Zambian debt crisis has had a huge impact on people right across the country. The ensuing cuts in spending on healthcare and education have been intensely felt by communities…
When Zambia reached a deal with its private lenders on 26 October, some celebrated it as the end of three years of stalemate since the country became the first to…
Bondholders will be repaid a third more than government creditors including China and the UK under the restructuring deal agreed with Zambia, even though they lent at higher interest rates…