Mastodon

Jubilee Debt Campaign

IMF admits Greece needs debt relief

By the Jubilee Debt Campaign Greece’s debt crisis is coming to a head. On Sunday, Greeks will vote on whether to accept the further round of austerity ‘offered’ by the institutions last Friday – a deal which would bind Greece…

UN votes for rules to stop vulture funds

Jubilee Debt Campaig The United Nations General Assembly has passed a resolution to create new legal rules to stop financial speculators like vulture funds from undermining debt restructurings. The motion, passed by 124 votes to 11, has decided that the…