While some have noticed that the economy has played a role in the election, almost no commentators seem to appreciate the depth of Mexico’s economic failure.(...)
Even during the global current crisis, the government has financed its spending by issuing new lots of government bonds that are valued in the form of the Baht.(...)
Interview to Eric Toussaint, President of CADTM (Committee for the Abolition of Third World Debt) by the Greek monthly political magazine “Crash” (June 2012 issue)(...)
What is being witnessed in Greece is a full blown example of being trapped in the debtor’s prison of current sovereign debt resolution mechanisms, where creditors are both judge and jury(...)
,Syriza, the radical left-wing coalition comes first in all major cities and among people aged18-35,,Its campaign advocated suspending debt payment and cancelling austerity measures(...)
UNCTAD was set up in 1964 to support developing countries to strengthen their weak position in international economic structures, and to design national development strategies.
In the past two decades, however, the developed countries have tried to curb the pro-South orientation of the UNCTAD secretariat and its many reports.
Eurodad partners Norwegian Church Aid and SLUG have released a new report on Tunisia, Egypt and Bahrain’s debts to Norway(...)
Just hours after a general strike, which magnitude and extension were denied, Spain’s government has announced $36 billion in new budget cuts, as it attempts to reassure the European Union that it will not need a financial bailout.(...)
This is a suicidal term, preventing the government from using the legal tools that even the creditor friendly Papademos government activated in order to turn an insufficient voluntary participation to the bond swap into a coercive one.(...)