G7
Finance ministers step closer to multilateral debt cancellation 10.06.05
Details are arriving that the UK and US have come to a significant
deal on debt cancellation. The G7 finance ministers are meeting this
weekend to thrash out a deal that would see 100% debt cancellation
for 18 counrties.........read
more |
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G8
ONE STEP CLOSER TO WIPING OUT DEBT
The G8 announced a debt deal to cautious applause
from campaigners. While apparently significant, this deal represents
only the first step towards the Jubilee campaign demands.
For Jubilee Scotland analysis click
here |
Find out the facts behind the headlines on G8 Debt Deal
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Jubilee
Scotland Campaign Update
May 2005
All the latest action and news in the reformatted Monthly briefing.
This month actions are based around the Jubilee Scotland Campaign
pack which is available to download or order from the office Download |
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Fresh call for end to Africa debt 7 May 2005
African finance ministers have ended three days of talks in
the Senegalese capital, Dakar, with a call for the cancellation of
Africa's debt burden.
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World
Bank & IMF Spring Meetings
Report :
Deadlock on Debt cancellation 19.04.05
Leaders continue to drag their feet and
remain deadlocked over how debt cancellation should be financed.....
World Bank IMF meeting |
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US
Nominate Wolfowitz for World Bank President 18.03.05
President Bush has nominated possibly the
most controversial figure in US politics to run the World Bank.
The nomination of Paul Wolflowitz, the renowned neo-con and arch
unilateralist has outraged NGO's and campaigners.....Read
More
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Jubilee
Scotland March Briefing
for all the news,
campaign updates and events in Scotland click
here |
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Position
Available at Jubilee Scotland Edinburgh.
Jubilee Scotland is currently advertising for an Education officer.
more information |
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Dunblane
Campaigner's Day Saturday 16th April
Jubilee Scotland will be holding a campaigner's day for those in the
Dunblane area. It will be a great opportunity.....Read
more |
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Commission
For Africa Report Published 11.03.05
Tony
Blair today released the long awaited report that will form the
basis for the UK's position on Africa at the G8 summitt in July.
What does it mean for the debt campaign? |
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Argentina
gives the IMF a Scalping -Guardian 8.03.05
Argentine "Haircut" Debt Deal
- 1.03.05
Argentina look to end their debt
crisis with a deal that could have huge implications for countries
with unpayable debts.......Read
more |
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Understanding Nigeria's
Debt Situation
The Nigerian Finance Minister Ngozi Okonjo-Iweala writes
passionately about the need for 100% debt relief, progress the country
has made in good governance and the problems associated with not being
classified as a Highly Indebted Poor Country (HIPC).read
more.... |
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latest
news: last updated
28.02.05
-Most
G7 Favour IMF gold sales for debt relief
-UK
provides VN$100 million debt relief to Vietnam
-Loans
or Grants: the G7 debate
-Chancellor
urged: sell gold to the Chinese |
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G7
Agree to Provide up to 100%
Debt Relief
But What does this mean?
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Read
More on How the G7 Looks to Wipe Out Debt |
International
Day of Action on Debt: Edinburgh G7 Consulate Lobby 18.01.05
January 18th was
the internationally agreed day for action on debt. Jubilee Scotland
campaigners marked the day by visiting G7 consulates in Edinburgh
including the German and Japanese consulates. Read
More |
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latest
news: last updated
4.02.05
1. G7
finance ministers meeting London 4.02.05
2.
Charging interest on bullets: Calls mount for debt cancellation
3. Canada
backs Gordon Brown's plan |
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latest
news: last updated 1.02.05
1.
Odious debt: Call for arbitrition mount
2. Disaster
donations may well end up servicing debt
3.
Mandela to visit G7 Finance Leaders in London |
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Gordon
Brown Renews Call for Debt Cancellation -13th
December
"We must, for the sake of the world's poorest,
not squander but seize an opportunity to make a breakthrough on
debt relief and development"
Read more |
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Paris
Club Cancels 80% of Iraq's Debt 22nd Nov
Paris Club members met at the end of
last week to thrash out a deal that has ended with an agreement
to cancel 80% of the debts owed to them by Iraq.The
nature of Iraq's debt accumulated under Saddam Hussein is considered
to be Odious and this raises serious questions about debt relief
for other nations who are burdened with debt accumulated under dictatorships.
Read more... |
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Gordon
Brown and Hilary Benn Face Debt, Campaigners in Kirkaldy, Fife. October
22nd The Chancellor and Secretary
of State for International Development addressed debt campaigners
and local Labour party representatives at a meeting in Kirkcaldy.
Campaigners challenged Ministers on the timescale of delivering debt
relief, how the UK plans to work towards trade justice and meet a
target for reaching 0.7% aid targets....more
details. |
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Paris Club Grants debt relief to Ethiopia Oct 15th
Ethiopia have received US$ 758 million of debt relief
from the Paris Club under
the framework of the Enhanced HIPC initiative. In total, Ethiopia's
debt to Paris Club creditors has been reduced from US$1087 million
to US$153 million as a result of this agreement. Read
More |
Ethiopia
Debt Relief |
Washington
Autumn Meeting - Disappointment for campaigners Oct 4th
Following last week's exciting announcement
that the UK plans to cancel our share of multilateral debt there
was disappointment at the IMF/World Bank Autumn meeting in Washington
at the weekend. British plans to win international support for writing
off the debt of the world's poorest countries came to nothing after
the Group of Seven rich nations failed to reach agreement. More
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DISAPPOINTMENT
IN WASHINGTON |
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TAKE
ACTION |
Brown
answers our Call for Change? Sept 27th
Gordon Brown has announced the United
Kingdom will spend an extra 100 million pounds ($180.6 million)
a year on debt relief to help poor countries repay money owed to
the World Bank and IMF. This is exactly what
our CALL FOR CHANGE CAMPAIGN has called for - the UK to cancel its
share of mulitlateral debt. Congratulations to all our supporters
and campaigners. Read
More
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SUCCESS
FOR CAMPAIGNERS! |
MAKE
POVERTY HISTORY in 2005
MAKEPOVERTYHISTORY
aims to be the most powerful coalition ever against world poverty.
Jubilee Scotland is part of this coalition urging rich counrty governments
to change the rules and practices of trade, cancel poor countries'
debts and deliver more and better aid.
More... |
MAKEPOVERTYHISTORY |
Blair's
Commission For Africa: A Briefing
Tony Blair's Commission
For Africa Report, to be published next spring, will form the basis
for Britain's stance on African Development during the UK presidency
of the G8 and EU next year.Read
More to find out what the commission aims to do and how we must
ensure debt relief is a key recommendation. |
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Ghana
Qualifies for $3.5 billion in Debt Relief
Ghana has become the 14th country to reach Completion Point (the
point at which debt stock is actually written off) under the Heavily
Indebted poor Country (HIPC) initiative. Despite some reluctance
to join the flawed debt relief scheme Ghana now joins Ethiopia,
Niger and Senegal all of whom have qualified this year. More |
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Jubilee
Scotland at T-in-the-Park Music Festival
Hundreds of festival goers at T-in-the-Park call on the UK to cancel
our share of multilateral debt. Festival goers signed hundreds of
postcards and a copy of a BIG letter to the Chancellor calling for
an end to world debt. |
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Brown
urges IMF to revalue gold for debt relief
In a
speech at a conference in the Vatican on alleviating world poverty
Brown said: "To do more to complete the process of debt relief,
we propose to the international community that we consider anew
all options to finance further debt relief for the poorest countries,
including making better use of IMF gold so that ... we can begin
to provide multilateral debt relief up to 100 percent." More
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African
countries should refuse to repay their foriegn debts
says a special adviser to United Nations Secretary General Kofi Annan.
Annan's economic adviser Jeffrey Sachs first called on developed countries
to cancel Africa's debts. But failing that, he said Africa should
ignore its US $201 billion (£109 billion) debt burden.
More |
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G8
Summit to be held at Gleneagles, Perthshire Next
year July 6-8 2005 the UK will host the G8 Summit in Scotland at Gleneagles.
2005 is a rare opportunity for campaigning, the UK holds the G8 presidency
and the EU presidency, it is 20 years since Live Aid and the start
of the 10 year countdown tothe 2015 Millennium Development Goal target
of halving world poverty. More |
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G8 2004: Another Disappointing Outcome G8 again
fail to act. HIPC to be extended for a further two years, and some
additional money for 'top-up relief' but no agreement on 100% debt
cancellation. Our partners at Jubilee USA express their frustration.
More |
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Jubilee
Scotland Supporters question Gordon Brown
Debt campaigners from Lochgelly in Gordon Brown's
constituency met with the Chancellor last Friday to hand over photos
of supporters that they had collected as part of Jubilee Scotland's
national 'Face up to World Debt' photo petition. More
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Debt
Relief for Niger and Ethiopia Niger and Ethiopia
are close to finalising debt relief under the heavily indebted poor
country (HIPC) initiative after rich countries settled a dispute over
granting additional debt relief.
more |
Read_More |
The World Bank and IMF are 60 - but it's no time to Celebrate!
2004 is the 60th anniversary of the World Bank and
IMF.click
here to read reports and articles put together by JDC on the
annual Spring meetings of the World Bank and IMF. |
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