Six key points about Greece’s debt
Greece’s election has delivered a clear rejection of Troika-imposed austerity and the EU’s approach to the crisis. Here are six key points about Greece’s debt. 1) European banks were bailed…
At least 90% of the Greek bailout has paid off reckless lenders
New analysis of IMF figures, released by the Jubilee Debt Campaign, show that almost all of the money lent by the IMF, European governments and the European Central Bank to…
Lending boom threatens to create new debt crises
New figures released today predict that current rates of lending could lead to debts becoming unsustainable in many impoverished countries over the next decade, just a few years after some…
British MPs support action to prevent vulture funds scavenging Argentina
“Debt trial of the century” could cause financial shockwaves Over 100 British Members of Parliament have signed a motion supporting action to prevent vulture funds profiteering from Argentina and forcing…
Blog from Grenada: Why the ‘Spice Isle’ has stopped paying its debts
It’s 10:30 at night and I’m trying a short cut through the grounds of an upmarket hotel in Grenada to get to my much cheaper room on the other side.…
Stop the Debt Vultures
The vulture threat They’re the financial speculators chasing obscene profits from debt crises around the world. Again and again – from Argentina to Zambia, Liberia to Greece, Congo to the…
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,…
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…
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…
Campaigners reveal extent of British support to the Shah’s Iran
Liberal Democrats fail to follow Norway’s debt audit lead. Documents released under the freedom of information act to Jubilee Debt Campaign have revealed that all of the debt the UK…
