France passes law to clip vulture funds’ wings
Companies prevented from seeking large profits on debts they bought when a government could not pay. France has passed a law to prevent vulture funds or other creditors from seeking…
France News
Response to financial crash is sowing the seeds of the next global crisis
Global debt levels between countries projected to be up 30% in four years, to $14.7 trillion Lending boom to impoverished countries makes them vulnerable to new global crises, 10 years…
UN experts blocked from making debt proposals
The United Nations Intergovernmental Committee of Experts on Sustainable Development Financing has identified debt sustainability as one of the key financing challenges facing countries in the meeting of new Sustainable…
Caribbean nations join together to push for debt cancellation
Caribbean nations have publicly called for debt cancellation for the region. This week, the Heads of Government of the Caribbean Community (CARICOM) called for “reparations for native genocide and slavery”.…