Call for Jamaican debt cancellation as bailout loan agreed
The IMF is today (Wednesday 1 May) set to agree a $1 billion four-year bailout loan for Jamaica.
Debt cancellation
How Europe cancelled Germany’s debt
German debt cancellation shows equitable way to solve Europe’s crisis German, Irish, Spanish and British debt campaigners tell Troika: ‘learn from history’ Campaigners have marked the sixtieth anniversary of Germany’s…
German debt cancellation shows equitable way to solve Europe’s crisis
German, Irish, Spanish and British debt campaigners tell Troika: 'learn from history' [...]
Economic change is about justice, not charity, say faith leaders
MPs have heard calls from faith leaders to pursue radical policies that will lead to justice for the poorest people in both the UK and the world.
Faith leaders to tell MPs that world needs new financial system
Christian, Jewish, Muslim and Sikh leaders will urge MPs to support a radical overhaul of the financial system in a meeting in Parliament on Tuesday 5 February.
Indonesians paying £20 million for weapons used in repression
By 1 December 2012, the Indonesian people are due to pay the UK government £27 million. Of this, £20 million is for arms sales to past dictator General Suharto. In…
States of Jersey legislate against vulture funds
The parliament of Jersey, known as the States, has today passed legislation to limit the ability of vulture funds to sue some of the world’s most impoverished countries in the…
Crown dependencies introducing vulture fund bills
The parliaments of Jersey, Guernsey and the Isle of Man are all discussing legislation to prevent vulture funds suing Heavily Indebted Poor Countries for inflated claims on old debts. Laws…
Sierra Leone debt creeping up
Sierra Leone’s government external debt payments are increasing. The IMF estimates they will account for between 7 and 9 per cent of government revenue between 2012 and 2017; $30 million…
Two-thirds of Guinea’s debt to be cancelled
The International Monetary Fund and World Bank have announced that the West African country of Guinea will get $2.1 billion of debt cancelled. This amounts to around two-thirds of the…