Blog from Grenada: Why the ‘Spice Isle’ has stopped paying its debts
It’s 10:30 at night and I’m trying a short cut through the grounds of an upmarket hotel in Grenada to get to my much cheaper room on the other side.…
It’s 10:30 at night and I’m trying a short cut through the grounds of an upmarket hotel in Grenada to get to my much cheaper room on the other side.…
Figures released by the World Bank have revealed that lending to low income country governments is booming, increasing by 30 per cent in just one year. Almost half of the…
The tiny Caribbean island of Grenada, population 100,000, has stopped paying its £560 million debt. On Saturday, as the IMF and World Bank annual meetings got underway in Washington DC,…
Leaked minutes of IMF meetings in 2010 show that Argentina, Brazil, India, Russia and Switzerland all argued that some Greek debt owed to private banks should be cancelled before any…
TAKE ACTION: Add your #NotOurDebt photo From 8-15 October, as part of Global Debt Week, we’re calling on people across the world to stand in solidarity against unjust debt. Here’s…
Report investigating the impact of debt and austerity, and campaigns for justice, in Egypt, El Salvador, Greece, Jamaica, Latvia, Pakistan, the Philippines, Portugal and Tunisia. Download Life and debt: Global…
A call to mobilize on October 8 to 15, Global Week of Action Against ILLEGITIMATE DEBT & International Financial Institutions Debt payments, tax avoidance and capital flight are impoverishing people…
Campaigners slam court decision for allowing Argentina to be ‘held to ransom’ by vulture funds.
Payments could reach 30 per cent of government revenue in 2020s. Ghana has recently been judged by the IMF and World Bank to be at moderate risk of not being…
One year ago today, a bill to audit the Tunisian public debt was submitted to the Assembly, but this democratic initiative has been blocked by global finance.