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…
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…
Commenting on the release of the Executive Summary of the Greek Debt Truth Committee, established by the Greek parliament, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign, said: “The initial…
Lending levels to the most impoverished countries in the world have tripled, ten years after the G7 finance ministers agreed a debt cancellation deal for low income countries, potentially setting…
List of terms: Bailout Bank recapitalisation Bond and bondholder Bridge loan Collective Action Clause Concessional loan Debt relief/restructure/cancellation/haircut/swap/write-down/work-out Debt haircut Debt relief Debt restructuring Debt service Debt swap Debt stock…