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Updates

January Campaign Update on Indonesia

February 1, 2008 By picardo Leave a Comment

Jubilee Scotland is currently trying to convince the UK government to cancel the >£500 million it’s owed by Indonesia. This is a small goal within a much broader international objective, which is to promote the doctrine of ‘odious debt’. ‘Odious debt’ is a concept which enjoys some international credibility, but not nearly enough! Put simply, […]

Nigerian Debt Scam: UK not implicated

February 1, 2008 By Jubilee Scotland Leave a Comment

It’s general knowledge that the UK’s vast increase in development aid (ODA) from 05-07 consists largely of Nigeria’s debt buy-back. Net UK ODA increased by £2.5 billion 04-06, of which Nigeria’s debt cancellation counted for £1.7 billion. (Net ODA in 04 was £4.3 billion, in 06 it was £6.8 billion, as set out in DFID’s […]

G8 in Rostock: The State of Debt

June 7, 2007 By kenyersel Leave a Comment

The “Another World is Possible” rally in Rostock, 2nd June. At about 2.30pm, several thousand people dressed in black emerged from the ranks of the eighty-thousand peaceful demonstrators and marched at the police. Clashes started shortly afterwards. The police’s initial charges were limited, and did not disperse the group in black – though they did […]

Export Credit Debt owed to the UK

April 12, 2007 By kenyersel 4 Comments

The previous post looked at debt owed to the UK government via DFID and CDC. Below is the result of a Freedom of Information request on debt owed to the UK export credit department run by the DTI. Most signifiantly is the percentage of Indonesian debt owed for arms related trade. While no breakdowns are […]

Lifting the Lid on UK debt

April 11, 2007 By kenyersel Leave a Comment

Lift the Lid on Bad Loans Research on UK debts April 2007 The debt campaign is entering new terrain. Coupled with the HIPC initiative, the Gleneagles debt deal in 2005 has provided debt relief for 22 countries so far with another 9 in the pipeline. Some countries like Malawi will have 90% of their debts […]

Disappearing debt relief

November 29, 2006 By kenyersel 1 Comment

The debt relief offered to Zambia through the Heavily Indebted Poor Countries (HIPC) initiative would reduce the money available for human development.  This is a surprising claim in a paper by John Weeks and Terry McKinley for the United Nations Development Programme (PDF here).  When G8 Debt Deal cancellation (MDRI) is added, Zambia does see a […]

World Bank Debt Cancellation – a TOTAL scam?

July 3, 2006 By kenyersel 8 Comments

On the face of it, the G8 debt deal is a scam. The money that qualifying countries save on debt repayments is almost entirely balanced by a corresponding cut in the aid that they receive from the World Bank. The G8’s debt deal seems to work like this: the financial flows out of the country […]

The Debt Tribunal in 2006

June 30, 2006 By kenyersel 3 Comments

The day before the G8 Summit in Scotland, 2005, Jubilee Scotland held a public debate on what the prospects were for a real resolution to the global debt crisis. I was worried that the G8 mobilisations would bypass ordinary people in Edinburgh; that people would come along to the Make Poverty History march but never […]

Last year’s debt tribunal

June 26, 2006 By kenyersel 3 Comments

Last year, we ran a successful event where we “mapped” the course of the discussion using argument mapping techniques. Our version of last year’s map has an overview of what happened during the last session. We’d welcome all comments to questions raised in this map in the comments box below. Spread the word…

Debt Tribunal meeting 5th July 2006

June 26, 2006 By kenyersel 1 Comment

Come along to our event :: 5th July, 6pm at: Augustine United Church George IV Bridge Edinburgh In 2005 the G8 came to Scotland and announced “immediate 100% debt cancellation” for the world’s most impoverished countries. What did this mean?. Has it happened?. and if it has happened… what difference is it making? Hear from: […]

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News

How the response to the last crisis laid the foundations for the next

This article was written by Bodo Ellmers,  Policy and Advocacy Manager – Debt and Financial Reforms. Eurodad, European Network on Debt and Development Ten years after the last crisis began, global debt levels are higher than before, and debt vulnerabilities are increasingly hard to manage. That’s why activists all over the world are standing up to call […]

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Make Poverty History Limited Edition sketch available now!

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Jubilee Scotland is an independent coalition of organisations and local groups across Scotland who campaign for cancellation of the unjust and unpayable debts which are ruining the world’s poorest countries.

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