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For more information and interviews contact Eva Watkinson, Tel: 07870187861 The FCA has announced their final proposals for temporary measures to support users of many credit products who are facing…
• Statement from over 150 global civil society organisations calls for immediate cancellation of debt payments, including to private lenders • The emergency cancellation should be followed by a process…
For more information and interviews contact Sarah-Jayne Clifton, Tel: 07980 599002 The FCA has announced proposals for temporary measures to support users of certain credit products who are facing a…
Nearly 80 civil society leaders and academics call for urgent freeze on personal debt payments Letter to the Chancellor also calls for write-off of existing council tax and social security…
The IMF and World Bank have called for an immediate suspension of all debt payments to other governments by a group of the poorest countries, known as IDA countries. Reacting…
African Finance Ministers call for suspension of all interest payments World Bank Head calls for suspension of all interest and principal payments to other governments African Finance Ministers have called…
Borrowing costs for developing country governments has increased sharply Commodity price falls and declines in tourism could have major economic impact on many poor and vulnerable countries Borrowing costs for…
The UK government has announced £150 million for an IMF fund to cancel debt payments for poor countries hit by coronavirus There are concerns that countries will struggle to qualify…
Jubilee Debt Campaign has been warning of Lebanon’s debt crisis since 2015 Large write-downs in debt will be needed by creditors to enable the country to recover Today Lebanon defaulted…
Case brought by the government of Mozambique also seeks damages from Credit Suisse and shipbuilding company Privinvest Credit Suisse given deadline of 21 January to file and serve their defence…