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.
Public-private partnerships in Uganda cost the country dearly
Read our 6-page briefing in full: ‘Public-private partnerships and the financial cost to governments: Case study on the power sector in Uganda’ Privatisation of the Ugandan electricity sector, initiated in…
Reaction to David Cameron call for Greece debt relief
Responding to UK Prime Minister David Cameron saying that Greece needs debt relief, Tim Jones, economist from the Jubilee Debt Campaign said: “The Prime Minister is right to finally admit…
The new debt trap: How the response to the last global financial crisis has laid the ground for the next
Executive summary also available in French and Portuguese (8 pages). This report (40 pages) and its executive summary (8 pages) investigates the debts owed by countries as a whole – both…
UK backs loans for arms sales as report shows 75% of debt illegitimate
In a report released today, the UK government has revealed it guaranteed £132 million of loans to the Indonesian government for arms sales in the last year, along with further…
Thin cut to debt leaves Grenada caught out
Deal with private lenders will only reduce debt by 20%. Grenada has reached a deal with private bondholders to reduce debt owed to them by up to half over the…
George Osborne should support a package of debt cancellation for Greece
Commenting on the meeting between Greece’s Finance Minister Yanis Varoufakis with Britain’s George Osborne this morning, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign said: “Greece’s debt comes from loans…
Aid rules tightened, but still allow profit to be made from loans
Western countries, through the OECD, have agreed new rules for themselves on when they are allowed to call loans ‘aid’. The new rules restrict the terms on which loans can…
Vulture funds profit from shadowy financial markets
In the wake of Argentina being blocked from making debt payments, there is much speculation about who lies behind various trades taking place in financial markets. Argentina has been declared…
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…
