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Jubilee Debt Campaign have condemned plans by UK ministers to use cancellation of a theoretical debt to help meet the overseas aid target.
Jubilee Debt Campaign, the successor organisation to Jubilee 2000, has called for a cancellation of many of the debts owed between European countries.
Newly uncovered documents reveal that Zimbabwe’s debt includes loans from Tony Blair’s government to Zimbabwe’s repressive police force.
The Jubilee Debt Campaign has called on vulture fund FG Hemisphere to drop its multimillion debt claim against the Democratic Republic of Congo.
UK money will be used for a ‘climate loan’ to Jamaica, increasing its already heavy debt burden, following a decision by the World Bank.
In the midst of another global debt crisis, the most powerful countries are still failing to regulate irresponsible lenders, says Jubilee Debt Campaign.
People dressed as skeletons protested outside the Department for Business earlier this week, urging Vince Cable to reveal the ‘skeletons in his cupboard’.
The Jubilee Debt Campaign (www.jubileedebtcampaign.org.uk/), to which Ekklesia is pleased to be affiliated, has done a fine job exposing the UK government's dodgy dealings with the former dictatorial regime in Egypt. The latest expose can be read here: http://www.ekklesia.co.uk/node/15629
The Department for Business is still demanding money from the Egyptian government to pay for loans made to ex-dictator Mubarak to allow him to buy arms.
The Deputy Prime Minister has pledged £5 million to help the Egyptian economy, but failed to mention the country's existing debt to the UK, inherited from Mubarak.