Calculations by the Jubilee Debt Campaign have shown that the future borrowing costs of African governments rose across the board in the week, following Donald Trump winning the US Presidential election.
Government statistics on the Benefit Cap released on 3 November 2016 have revealed that over a quarter of a million children have been affected by the Cap since it was introduced in April 2013. Additionally, the majority of families affected were accepted as not being able to work due to illness, disability or caring responsibilities.
Ghana is in a debt crisis. Having had significant amounts of debt cancelled a decade ago, the country is losing around 30 per cent of government revenue in external debt payments each year according to a new report from Jubilee Debt Campaign (JDC)
More than a million families with a household income below £30,000 are in extreme debt, and ongoing wage stagnation is making the problem worse, according to a new report published yesterday by the TUC and UNISON.
The British government can now borrow money at negative interest rates. This extraordinary turn of events was discussed in a BBC radio interview this morning.
Ukraine has reached an in principal agreement with some of its bondholders to reduce the amount of debt owed by 20 per cent and to suspend payments for four years.