Vulture funds are companies, often with a secret or hidden identity, which buy ‘bad’ debt at cheap prices and then attempt to recover the full amount by suing the original debt holder. These companies often target failing companies, however, more worryingly there has been an increased tendency to also target poor countries.

Tell Gordon Brown to get to the UN summit- sign and send lobby letter to the PM. 8th May 2009

MPs Demand an end to Debt Vultures. 6th May 2009
A group of 12 MPs have proposed legislation in the UK Parliament to stop vulture funds profiteering from poor country debt. Vulture funds are companies that buy up poor country debt and then sue when the country cannot pay it back

Jubilee Scotland at the Edinburgh World Justice Festival 7pm, Wednesday 27 May, Augustine United Church

A coordinated global fiscal stimulus, measures to alleviate the plight of those most affected by the recession, an overhaul of the system of global governance and the establishment of public banks are just some of the solutions proposed for the G20 by a group of eminent international progressive thinkers. Click here to read more

UNCTAD Secretary-General calls for debt moratorium on debt for low-income countries hard hit by financial and economic crisis

G20: the world's poor left in the cold
The meeting of the G20 leaders on 2nd April did not go unnoticed by the world's media but for the worlds poorest people the outcome was negligible. Jubilee Scotland along with 35,000 other protesters took to the streets of London during the preceding days of the summit to demand that the G20 must ‘Put People First’ and to speak out against a rescue package that was aimed at bailing out banks before people.

 Conference on Fair and Transparent Arbitration in Johannesburg

Debt campaigners from Africa and the wider international community met in Johannesburg in late March of this year to discuss the urgency of establishing a Fair and Transparent Arbitration process for cancelling the unjust debt of poor countries.

As part of last years Indonesia campaign Jubilee Scotland toured with debt activist Kusfiardi across Scotland highlighting the issue of Indonesia's Illegitimate debt. Watch this short film about the speaker tour.