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Women sift stones for building material at the abandoned slagheap of the Chinese-owned Luanshya Copper Mine, in Kitwe, Zambia. Credit: Joerg Boethling/Alamy

21 Dec 2022 8 minute read

Structural adjustment 2.0

Debt crises are back with a vengeance as the dollar goes from strength to strength and interest rates rise. As the...

Global action: Activists in London demand that G7 leaders cancel the debt of the countries in the Global South, on 26 June 2022. VUK VALCIC/ALAMY

14 Aug 2022 3 minute read

Payback time

Danny Chivers reports on the movements making links between international debt and the climate crisis in a...

13 Oct 2020 7 minute read

This article is more than two years old.

It’s official, the global economy is a ‘debtor’s prison’

As the World Bank and IMF sound the alarm on debts driven sky high by Covid-19 in some of the world’s poorest nations,...

A pedestrian wearing a face mask, as a preventive measure against the coronavirus disease (COVID-19), walks past posters on the street that read "No to the payment of the debt. Break with the IMF", in Buenos Aires, Argentina May 27, 2020. REUTERS/Agustin Marcarian

28 May 2020 7 minute read

This article is almost three years old.

The way out of Argentina’s debt crisis

Since the early 2000s, Argentina has been forced into a cycle of debt and austerity. Nick Dearden presents...

30 Jun 2018 17 minute read

This article is almost five years old.

The next financial crisis

Clueless central banks? A trade war? Southern debt overload? Leading economists including Jayati Ghosh, ...

1 Jul 2018 11 minute read

This article is almost five years old.

When the world almost ended

Ten years after the greatest economic crisis since the Great Depression, Yohann Koshy takes stock of what...

8 Jul 2018 6 minute read

This article is more than four years old.

China: a post-neoliberal order?

For Martin Jacques, 2008 represented the end of the Western-dominated financial system and the beginning of...

1 Dec 2015 3 minute read

This article is more than seven years old.

Myth 9: Everyone has to pay their debts

We need debt management not reduction, says Dinyar Godrej.

1 Jul 2015 5 minute read

This article is almost eight years old.

The Greek referendum dilemma

Petros Diveris asks when money became more important than democracy.

25 Jun 2015 3 minute read

This article is almost eight years old.

Painted smiles and charm offensives in Greece’s debt stalemate

Greeks need solutions now, not more political wrangling, writes Carl Packman.

1 May 2015 7 minute read

This article is almost eight years old.

Getting away with murder

Susan George tells a story that's beyond belief.

18 Sep 2014 4 minute read

This article is more than eight years old.

Why is Britain siding with the vulture funds?

The UN wants to stop billionaire speculators forcing indebted nations like Argentina into default. Britain, the US and Germany...

1 Jul 2013 12 minute read

This article is almost ten years old.

Debt – a global scam

The actions of creditors are key to debt crises, argues Dinyar Godrej.

1 Jul 2013 1 minute read

This article is almost ten years old.

Debt – The Facts

At any given time countries both owe debts and have them owing to them. Who owes what and what's the bigger crisis – foreign...

1 Jul 2013 9 minute read

This article is almost ten years old.

Debt, austerity, devastation: it’s Europe’s turn

As the creditors get fatter, the innocent are punished. Susan George laments a leadership subservient to big...

Handing over public services to the banks

15 May 2013 3 minute read

This article is almost ten years old.

Handing over public services to the banks

The Private Finance Initiative threatens Britain’s schools and hospitals, writes Kerry-anne Mendoza.

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