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You are here: Home / Gleneagles

Malawi’s debt relief enigma

July 14, 2008 By Jubilee Scotland Leave a Comment

What was the value of Malawi’s debt cancellation (received in September 2006)? If Malawi had received its debt relief with no hidden reductions and cuts, it would have had $101 million extra per annum free in its budget (the UK, in comparison, gave $180 million in 2006: SID, table 16.2). What it has really had […]

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 […]

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 […]

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Financing Climate Justice : Scotland at COP26

Financing Climate Justice: Scotland at COP26 At Jubilee Scotland we have been part of many campaigns calling for debt relief and the cancellation of unjust debt in the global south. Adding to the unjust sovereign debt that many nations need relief for financially, there is another type of debt that needs to be addressed by […]

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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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