UN votes for rules to stop vulture funds
The United Nations General Assembly has passed a resolution to create new legal rules to stop financial speculators like vulture funds from undermining debt restructurings. The motion, passed by 124…
Developing countries propose new global debt rules
Over 130 developing countries have unanimously submitted a proposal to the United Nations calling for new legal rules to stop predatory financial speculators like vulture funds from undermining debt restructurings.…
Scottish government makes debt relief top priority
The Scottish government have signalled that they would take action to deal with unjust debts inherited from the UK, if there is a yes vote in 2014’s independence referendum. The…
Outrage as Vince Cable refuses to respond to Kenyan campaigners
Business Minister Vince Cable has refused to respond to concerns raised by the Kenyan Debt Relief Network (KENDREN) about the legitimacy of Kenya’s debt to the UK. Kiama Kaara, Senior…
MPs inquiry calls for end to Dodgy Deals
A cross-party group of MPs has released a report into UK Export Finance – or what we call the Department for Dodgy Deals. The report, covered on the front page…
Liberal Democrats adopt tougher policy on responsible exports
Yesterday at Liberal Democrat party conference strong policy to reform the government’s Export Credits Guarantee Department (ECGD) was adopted.
Liberal Democrat inaction over dictator debts contradicts commitments to democracy
Liberal democrats support moves to democracy after “Arab Awakening” But the party fails to implement its policy on invalidating debts which were run up by reckless lending to dictators; in…