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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.
Christian Aid has applauded a new report which demands fresh solutions to tax dodging by multinational companies.
Jubilee Debt Campaign has joined a call by more than 30 organisations across Asia for Nepal to receive immediate and unconditional debt cancellation.
Figures calculated by the Jubilee Debt Campaign, based on recent data from the World Bank show that loans to impoverished countries have almost tripled since 2008.
UK campaigners have slammed a US court decision which they say allows Argentina to be ‘held to ransom’ by vulture funds.
The International Monetary Fund has agreed in principle to lend $5.3 billion to Pakistan over three years.
The UK is experiencing a slower economic recovery than 23 of the 33 advanced economies monitored by theIMF, according to new analysis published by the TUC.
Startling new research has found that debt burdens in impoverished countries have increased significantly since the debt cancellation of the 2000s.
In the midst of another global debt crisis, the most powerful countries are still failing to regulate irresponsible lenders, says Jubilee Debt Campaign.
Campaigners have warned that the rumoured 50 per cent write-down in Greece’s debt not enough to get out of debt and austerity trap.