I have long been sympathetic to the concept of long cycles in capitalist production and accumulation. This is the idea that ...

In 1996 the IMF and the World Bank launched an initiative aimed at reducing the debt burden for some 41 heavily indebted poor countries (HIPC), whose total debts amount to about 10% of the Third World ...

According to the doctrine, for a debt to be odious it must meet two conditions: 1) It must have been contracted against the interests of the Nation, or against the interests of the People, or against ...

The year 2025 is considered by Christians to be a jubilee year under the banner of debt cancellation. To mark the occasion, the CADTM is republishing a series of articles on debt cancellation, the ...

In July 2024, the World Bank and the IMF will be 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The ...

The members are the private banks that lend to Third World states and companies. During the 70s, deposit banks had become the main source of credit for countries in difficulty. By the end of the ...

The year 2025 is considered by Christians to be a jubilee year under the banner of debt cancellation. To mark the occasion, the CADTM is republishing a series of articles on debt cancellation, the ...

A PIK or PIK loan is a loan characterized by the fact that the payment of interest Interest An amount paid in remuneration of an investment or received by a lender. Interest is calculated on the ...

CC image : https://www.pexels.com/photo/brown-train-rail-surrounded-of-green-leaf-tree-2403209/ Sri Lanka defaulted on its external debt for the first time in its ...

Demanding Debt, Economic and Climate Justice! 23 October 2024 - by CADTM International, Collective This year marks eighty years of the International Monetary Fund and the World Bank (IMF-WB) jointly ...

Actions Valeur mobilière émise par une société par actions. Ce titre représente une fraction du capital social. Il donne au titulaire (l’actionnaire) le droit notamment de recevoir une part des ...