Campaigners press Credit Suisse on Mozambique
The Mozambique government has said it will not make a $60 million interest payment due on 18 January On 17 January, campaigners from the Jubilee Debt Campaign handed in a…
Campaigners welcome Obama call for Greece debt relief
• ‘Meaningful’ debt cancellation must include IMF debts Commenting ahead of President Obama’s visit to Greece on Tuesday, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign, said: “President Obama is…
World Bank misleads while guaranteeing speculators profit
World Bank admits to breaking rules to guarantee high interest Ghana debt, but misleads in attempt to justify the decision.
World Bank broke its own rules over high-interest loans to Ghana
Lender accused of guaranteeing profits for speculators The World Bank has been accused of helping to fuel a new debt crisis in Ghana after it was revealed it has broken…
Campaigners in Mozambique call for non-payment of hidden debts
A group of 26 organisations in Mozambique have asserted that the $1.86 billion of the country’s debts at the centre of a growing international controversy were contracted illegally and should…
Campaigners criticise IMF cave in over Greek debt
Commenting on the Eurogroup and IMF staff agreement in Brussels early on Wednesday morning, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign said: “IMF staff are proposing to lend more…
Eurozone ‘debt relief’ proposals for Greece would have little impact
The Eurogroup of Eurozone Finance Ministers has finally agreed to begin discussions on debt relief for Greece. However, initial proposals developed by the European institutions do little to address Greece’s…
Collapse in commodity prices leads to $61 billion funding gap for impoverished countries
Amount is $13 billion more than countries studied receive in aid each year Impoverished country governments could be up-to $61 billion worse off in 2016 as a result of the…
UK government response to Debt Trap campaign
Minister of State for International Development, Desmond Swayne MP, has responded to Jubilee Debt Campaign’s No New Debt Trap campaign, calling for urgent action to prevent a wave of debt crises…
Campaigners welcome Mervyn King’s support for Greece debt cancellation
The former Governor of the Bank of England has called for Greece to have a substantial proportion of its debt cancelled.
