Jubilee Debt Campaign
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Drop the Debt

Details of Zimbabwe's $7bn debt revealed

Zimbabwe report

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.

Campaigners in Zimbabwe are calling for an audit of the country’s $7 billion debt to find out who did and did not benefit from past loans.

Read the report >>

EXPOSED: Vulture Fund targeting African country


Greg Palast interviews Peter Grossman

The Vulture Fund behind a $100 million offshore court case has been exposed by a special investigation for the Guardian and BBC Newsnight by journalist Greg Palast.

American vulture fund FG Hemisphere is suing the Democratic Republic of Congo, the second poorest country in the world, for $100 million in a Jersey court. The investigation has found evidence that the debt, which appears to have started out at $3.3 million, was improperly acquired from Bosnia.

TAKE ACTION: Please ask the Chief Minister of Jersey to close the vulture loophole >>

READ MORE: Report and video on the Guardian website >>

Halloween protest

REVEALED: Egypt repaying Mubarak's arms debt
Jubilee Debt Campaign has released new documents showing that Egypt's $100 million debt to the UK includes arms sales to Mubarak, as debt campaigners demonstrated outside Vince Cable's business department. More >>

Euro

Greece: 50% private debt write-down not enough
Jubilee Debt Campaign has warned that if the rumoured 50 per cent write-down in Greece's debt owed to private creditors actually happens, it will not be enough to get the country out of its debt and austerity trap. More >>

Stop the vultures

Vulture Funds - Coming to a Country Near You?
Europe should learn from Argentina's experience of fighting off vulture funds, before it's too late, writes Nick Dearden for the Huffington Post. More >>

South Sudan

South Sudan starts life debt-free
The world's newest nation became independent in July without inheriting the North's $38 billion of dictator debt, after an in principle agreement was reached. More >>

Loan shark

Climate Loan Sharks
Rich industrialised countries are overwhelming responsible for the climate crisis. Yet they are forcing poor and debt-burdened countries to accept loans from the World Bank to deal with its effects. Take action >>

Getting into debt

Getting Into Debt
Everything you wanted to know about Third World debt but were too afraid to ask, in a short handbook. It's aimed at students, but it can work for everyone.
More >>

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