Tag: foreign debt
Pope Francis calls for foreign debt forgiveness in Jubilee Year
"We are now faced with a debt crisis that mainly affects the countries of the Global South, generating misery and distress"
World Bank slammed for locking developing countries into fossil fuels, heavy...
Despite its pledge to align its finances with the goals of the Paris Agreement, the World Bank is investing in new gas infrastructure
The crushing burden of debt
So why not call it quits. Cancel the foreign debt of the poor nations and in return cancel the climate debt owned by the rich nations?
Activists from across Asia call for debt cancellation amidst health, economic...
“Our governments spend more on debt service payments than on peoples’ needs and still continue with their borrowing spree” - Lidy Nacpil
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