Debt threat returns in developing world
Call for ‘new jubilee’ as financial crisis and ballooning private debt create new vulnerability in impoverished countries

20 May 2012

Japan to write-off some of Burma's debt
Japan has announced it will write-off $3.7 billion of the $6 billion owed to it by Burma.
15 May 2012

UK backed millions in loans for Zimbabwe Hawk jets
The UK government backed multi-million pound loans used by Zimbabwe to purchase British military aircraft that were used in the Democratic Republic of Congo conflict.
8 May 2012

The Greek Elections and the question of debt
With elections due in Greece on Sunday, Costas Todoulos surveys where the parties stand on the crucial issue of debt.
3 May 2012

Rich countries fail to silence UNCTAD
The UNCTAD summit in Qatar has concluded with rich country governments failing in their attempt to marginalise and undermine the UN body.
27 April 2012

Dictator Debt Die-in at Dodgy Deals Department
Jubilee Debt Campaign and London Campaign Against Arms Trade staged a die in at Vince Cable’s business department to highlight its role in promoting and financing arms sales. 
17 April 2012

Argentina still ‘owes’ UK dictator debt for Falklands arms
New information from National Archives raises further questions on the odious nature of British loans.
9 April 2012

Egyptian government considers IMF loan
The Egyptian government is considering taking a loan for $3 billion; roughly the same amount the North African country will spend in foreign debt repayments this year.
03 April 2012

Hundreds debate a global economy 'for the 99%'
Economic justice activists from across the UK discussed ideas, stories and tactics from around the world at a lively conference in Manchester on Saturday.
22 March 2012

UK government goes back on debt relief pledge
The UK government has failed to cancel £19 million of debt owed by the Democratic Republic of Congo, even though it has pledged to do so.
21 March 2011

Lib Dems urged to reveal 'Skeletons in Cupboard'
Delegates to the Liberal Democrat Spring Conference on Tyneside on Saturday were surprised to be confronted with 'Drop the Debt' campaigners dressed as skeletons.
12 March 2012

More loans and debt for Sri Lanka
South Asian country's debt is increasing following the financial crisis, including loans backed by the UK government.
7 March 2012

Guinea set to borrow $200 million from IMF
West African country could get some debt cancelled in next few years, but new loans to pay old loans will not be included.
2 March 2012

UK government rejects calls for Zimbabwe audit
Secretary of State for International Development Andrew Mitchell has said the UK does not support the holding of a debt audit in Zimbabwe.
22 February 2012

Greece is a smokescreen for the mother of all bank bailouts
Nick Dearden: Europe must urgently learn the lessons of the developing world's Structural Adjustment disaster.
21 February 2012

Greek Debt Audit Campaign statement
The Greek Debt Audit Campaign has released this statement in reponse to the proposed new bailout package and Private Sector Involvement.
12 February 2012

Jersey plans to crack down on vulture funds
Jersey Chief Minister Ian Gorst has announced that he will introduce legislation in Jersey to limit vulture funds profiteering on some impoverished country debt claims.
1 February 2012

Great North Run: Now recruiting for 2012
University team acclaimed by national agencies now recruiting for 'Tenth Glorious Year'.
27 January 2012

Debt zombies protest outside Irish embassy
Campaigners dressed as ‘zombie bankers’ outside the Irish embassy in London this morning to show their support for a newly formed Irish group Debt Justice Action.
24 January 2012

Vulture funds profit from Greek misery
As EU and IMF negotiators head back to Greece, hedge funds hold out for their pound of flesh, writes Nick Dearden.
16 January 2012

What the EU summit means for debt
Jubilee Debt Campaign's Tim Jones blogs on what the latest EU summit means for efforts to deal with and prevent debt crises across the world.
9 December 2011

Details of Zimbabwe's $7bn debt revealed for first time
Newly uncovered documents reveal that Zimbabwe’s £210 million debt to the UK includes loans from Tony Blair’s government to Zimbabwe’s police force while they were engaged in internal repression.
30 November 2011

Jubilee on Jersey
Jubilee Debt Campaign's Tim Jones blogs on his visit to Jersey to talk to people about vulture funds.
24 November 2011

Government shuns Dodgy Deals bill despite MP support
Despite mounting pressure for action on the UK’s dodgy deals, the second reading of Lisa Nandy MP's ECGD reform bill was not heard in the Parliament today.
11 November 2011

No to the 50% haircut - Greek Audit Commission
This statement by the Greek Auditing Commission of the Public Debt makes a clear case that the intended 50% haircut will create deeper problems instead of relieving Greece's debt burden.
8 November 2011

Top 5 questions about the Greek debt crisis
With the Greek debt crisis still dominating the headlines, Konstantinos Todoulos answers 5 frequently asked questions.
UPDATED: 3 November 2011

Halloween protest exposes skeletons in cupboard
Debt campaigners from around the UK travelled to Westminster on Monday to demand Vince Cable comes clean on dictator debts.
1 November 2011

Irish debt audit finds banks are main culprits
An independent audit of Irish debt was released on 15 September, shedding light on the composition and size of the country's national debt.
27 September 2011

UK considering loan to indebted Sri Lanka
The UK is considering whether to back a loan to indebted Sri Lanka to buy bridges from a British-based company.
23 September 2011

Biggest ever JDC team runs Great North Run
Over 50 amazing runners took part in the Great North Run on Sunday to raise money for Jubilee Debt Campaign.
20 September 2011

Tim Jones blogs from Zimbabwe
Jubilee Debt Campaign's Tim Jones is blogging during his visit to Zimbabwe, where he has joined a meeting of civil society groups discussing Zimbabwe's debt.
29 August 2011

Lessons for Zimbabwe from the Europe debt crisis
Tim Jones blog on a new briefing with the Zimbabwe Coalition on Debt and Development on the Eurozone debt crisis and the lessons to be learned.
23 August 2011

South Sudan starts life debt free
North Sudan has in principle offered to keep all of Sudan's $38 billion debt, giving the world’s newest country a debt free start.
3 August 2011

UK loses Zimbabwe payment record
Tim Jones blog on the government not knowing how much debt it is owed, why it is owed the debt or how much it has been repaid.
28 July 2011

New IMF loans for Cote d'Ivoire
Cote d’Ivoire is getting new loans to pay old debts. These loans will be exempt from cancellation if and when the West African country gets debt relief.
19 July 2011

Hundreds take on Dodgy Dealers at Glastonbury
Glastonbury regulars are used to seeing the Drop the Debt routemaster bus standing opposite Glastonbury’s Other Stage.
6 July 2011

Jersey and Guernsey consider action on vulture funds
Channel Islands interested in passing legislation.
1 July 2011

UK backs exports for nuclear power plant
UK government gives financial guarantee to exports for use in a Chinese nuclear power plant without doing an assessment of the environmental impact.
29 June 2011

Developing country groups slam UK climate loans
Groups from 13 developing countries have criticised UK climate loans set to be agreed in South Africa this week. The loans are being given through the Word Bank.
27 June 2011

All aboard for Glastonbury 2011
Once again, the Drop the Debt Routemaster bus has whizzed its way down to Glastonbury to get the word out about debt. Here's what you can expect...
21 June 2011

Tim Jones: The invisible debts
Tim Jones blogs from the World Bank and Swiss government responsible lending conference in Berne, Switzerland.
9 June 2011

The IMF and Jamaica’s Debt Problem
'Jamaica offers a stark example of the long-term costs an excessive debt burden can impose...especially when the interests of creditors are prioritized over the needs of the country as a whole' claims new report.
2 June 2011

Nick Dearden blog from Athens Debt conference
JDC Director Nick Dearden was blogging from the Debt and Austerity: From the Global South to Europe conference in Athens this weekend.
6-8 May 2011

Demanding Debt Relief at the IMF Spring Meetings
On the 15th April, Jubilee Debt Campaign partner the Jubilee USA network, in collaboration with Oxfam and Action Aid, staged a demonstration outside the spring meetings of the International Monetary Fund (IMF).
6 May 2011

MPs back overhaul of Vince Cable department
Pressure is mounting on the Government to overhaul the Export Credits Guarantee Department (ECGD) after MPs voted today for a crackdown on its "secretive and unaccountable" operations.
27 April 2011

MPs urge overhaul of “secretive” department
A cross-party group of MPs back Lisa Nandy's Ten Minute Rule Bill to reform the Export Credits Guarantee Department.
26 April 2011

Call for moratorium and audit of Tunisia’s debt
Earlier this month, the Committee for the Abolition of Third World Debt joined forces with several MEPs to appeal for a moratorium on debt repayments by Tunisia to the EU.
14 April 2011

Debt relief on the agenda of IMF windfall talks
The IMF is considering using its $3 billion financial crisis windfall for debt cancellation, but worse options are attracting more support.
11 April 2011

MEPs back tighter controls on export credit
Campaign success as Parliament says export credits should be guided by environment and development safeguards
5 April 2011

IMF crisis windfall should be used to cancel debt
Jubilee Debt Campaign has joined an international campaign for the IMF to use windfall profits from the sale of gold to cancel debts.
4 April 2011

VICTORY: Vulture funds law set in stone
The Government has announced that the law clamping down on Third World Debt profiteering is to become permanent.
28 March 2011

BP violating human rights rules, says UK
BP failed to respond to alleged intimidation by Turkish security forces along its UK-backed Caspian oil pipeline, putting it in breach of its loan agreements.
9 March 2011

Protests in S Asia over World Bank climate loans
Activists in Bangladesh and Nepal speak out against new debt, whilst a Nepalese parliamentary committee has said the country should ask for grants rather than loans.
21 February 2011

Debt and the Millennium Development Goals
World leaders met in New York in September to discuss the limited progress on the Millennium Development Goals. Here's our joint analysis of the outcomes.
17 February 2011

Egypt's debt must fall with Mubarak's regime
The debts of Egypt and Tunisia must be cancelled if the people on the streets are to take control of their economy and hold Western countries to account.
16 February 2011

Nick Dearden blogs from the World Social Forum
Nick Dearden, Jubilee Debt Campaign's Director, is blogging from the World Social Forum in Dakar, Senegal, this week.
8 February 2011

EU Parliament proposes new export safeguards
State support for exports is seen as crucial to Europe's economic recovery but this drive could be harming people and the environment.
1 February 2011

£1 billion of debt cancellation to count as aid
The UK Government has admitted it will count £1 billion of debt cancellation as aid over the next four years.
13 January 2011

South Sudan should not be born into debt
If South Sudan secedes from North Sudan, the new country should not start life with a debt burden, Jubilee Debt Campaign says.
7 January 2011

IMF conditions fuelling Pakistan's political crisis
The IMF is forcing Pakistan to increase VAT as a condition of its loans to the country, while the coalition government has fractured over rising prices.
5 January 2011

Canada holds up Congo's fight against poverty
The World Bank announced yesterday that it was postponing the Democratic Republic of Congo’s long-awaited debt cancellation, even though the country has qualified.
1 July 2010

Who should pay for Iceland's debt?
Campaigners are calling for the development of a fair and transparent debt work-out mechanism to deal with the Iceland case.
17 March 2010