African governments owe three times more debt to Western banks, asset managers and oil traders than to China, and are charged double the interest, according to research released today by…
Yesterday three former employees of Credit Suisse were arrested in London over $2 billion of odious loans to three state owned companies in Mozambique, given in 2013. The loans were…
Responding to reports that former Mozambique Finance Minister Manuel Chang has been arrested in South Africa in relation to the $2 billion secret debt deals, Tim Jones, policy officer at…
• ‘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…
The former Governor of the Bank of England has called for Greece to have a substantial proportion of its debt cancelled.
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…
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…
G20 announces $300 million of loans, debt relief and grants from IMF, but details of how to do so are being debated over coming weeks At the G20 summit on…
UK government must support expanded debt relief at Brisbane G20 this weekend. Jubilee Debt Campaign has welcomed a call by US officials for emergency debt relief from the IMF for…
Jubilee Debt Campaign is part of the #noTTIP day of action this Saturday 12 July. Here we explain what the EU-US trade deal means for debt and global finance. What…
