|
Illegitimate Debt Bulletin, Issue 7 |
|
Monday, 21 July 2008 |
Illegitimate Debt Bulletin #7 is out.
Featured are the following:
2008 Global Week of Action vs. Debt and IFIs Set for October 12-19
Actions against the G8
Ø Open letter calling for
immediate debt cancellation for Haiti
Ø JS APMDD at the G8
Ø People's forum in Mali: the
African G8 counter-summit
Ø Action against the G8 in
Belgium
(Liège) - Tchant-Ché kicks the G8!
International
Ø South-North meeting on
illegitimate debt
Ø UN consultation
emphasises unfinished debt agenda
Ø Are lenders serious
about the 2015 debt crisis?
PUBLICATIONS
Ø The 2008 International
Critics' Week at the Cannes
festival selected Philippe Diaz' movie
The End of Poverty ?
Campaigns and Action
Alerts
SOUTH
AMERICA
Ø NICARAGUA Illegitimate Debt to Venezuela? -
Jubilee South-Nicaragua
Ø 23-06 / 27-06 |Quito -
Seminar on the Bank of the South
Ø Quito - Meeting of lawyers, 8-9 July
Ø Support the CAIC! OPEN
LETTER OF SUPPORT FOR THE
PUBLIC DEBT AUDIT IN ECUADOR
EUROPE
Ø Adoption of the shameful
directive « Liberalism and European Solidarity »
Ø SCOTLAND - Update from Jubilee Scotland
Ø Spain : Who Owes Who Campaign
- Alternative Summit
on Oil
Ø Belgium - No Development
Without the Emancipation of Women
AFRICA
Ø Africa Jubilee South
will hold its general assembly August 5 - 11, 2008 in Nairobi
Ø Congo Brazzaville
Ø Mauritania
ASIE
Ø JS APMDD at the ADB AGM
in Madrid, Spain
Please
click here to download the pdf version in >>>  English Spanish and French
|
|
|
Challenge to the G8 Governments |
|
Thursday, 17 July 2008 |
The gathering
of the most powerful countries of the world is an occasion for the people of
the world to demand that this G8 Summit address the twin ‘tsunamis' that plague
humanity today - the food and climate crisis - and the continuing problem of
Debt that has contributed significantly to these two crises and
exacerbate their impacts.
The
Injustice of the Debt Burden and the problem of Illegitimate Debts
The payment of
huge amounts of debt service amplifies the effects of the food and climate
crises and hampers the ability of countries and peoples of the South to deal
with these crises. This is part of the injustice of the debt and for this alone
debt cancellation is urgent.
But the debt
is more than just the problem of losing much needed resources to debt payments.
Debts used for harmful projects or to impose harmful conditionalities such as
those which contributed to the food and climate crises are illegitimate debts
and should not be paid.
The
Food crisis
The high price
of oil, worsening climate conditions and price manipulation by domestic and
international trading cartels and speculators have certainly contributed
significantly to the abrupt, massive increase in the prices of food. But the
food crisis can be also be traced to economic policies that have been imposed
on the countries of the South for decades, with the use of debt, access to
credit and debt relief as instruments for coercion.
Download the Statement >>>
|
|
|
|
<< Start < Prev 1 2 3 4 5 Next > End >>
|
| Results 1 - 7 of 33 |
The South-North International Campaign on Illegitimate Debt is an intensified effort of debt campaigners all over the world to compel governments and international financial institutions to cancel and/or repudiate illegitimate debt. Building on national, regional and global initiatives, the campaign seeks to raise greater public awareness and promote grassroots actions aimed at ending illegitimate debt. It also seeks to reshape the terms of the debt debate by challenging the dominant debt framework peddled by international financial institutions (IFIs) and by advancing critical analyses and people's perspectives. An International Facilitation Team (IFT) composed of 