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Vulture funds are the ugly face of international finance. Our new campaign to End the Vulture Culture is calling on the UK government to bring in a new law to stop vulture funds from profiteering from developing country debts.
As of today 110 MPs have signed EDM 1440 on Regulation of Vulture Funds. In the next two weeks crucial meetings are taking place with the UK government to discuss measures to prevent vulture fund activity. The more MPs sign the EDM, the stronger the pressure on the government will be.
Please write to your MP now and ask them to sign EDM 1440 >> is calling on the UK government to bring in a new law to stop vulture funds from profiteering from developing country debts.As of today 110 MPs have signed . In the next two weeks crucial meetings are taking place with the UK government to discuss measures to prevent vulture fund activity. The more MPs sign the EDM, the stronger the pressure on the government will be.
Rich Countries block Reforms at UN Summit
Campaigners have today criticised G20 countries including the UK for blocking radical reforms at the UN's financial crisis summit, which has concluded in New York.
After weeks of negotiations ahead of the three-day summit, rich countries have successfully prevented measures to reduce poverty and clean up global finance demanded by developing countries from being agreed.
Ecuadorian President Rafael Correa was among the world leaders in attendence in New York. He called for the countries of the South to begin establishing their own financial architecture, to end the long years of domination by the rich world.
Read Nick Dearden's article for Comment is Free >>
New Bailout Posters Available
Our new bailout film is premiering at this weekend's Glastonbury festival. If you're not at the festival, we'll be launching it online very soon. In the meantime, you'll be pleased to know that our hardhitting bailout posters - as featured at the Put People First march - are now available to download and print from our website. From AIG to Lloyds TSB, from Bangladesh to Sub-Saharan Africa, the posters compare the sizes of the bank bailouts of the last year with a selection of the debts of developing countries.
View the posters online >>
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 | | Vulture Funds | | This morning (26/11/09), the Republic of Liberia was taken to the High Court in London by two Vulture Funds seeking to make large profits on a debt dating back to the 1970s.
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 | | Put People First: G20 Counter Conference | | In March, we marched in our tens of thousands to demand the G20 Put People First. But so far the G20 has only tinkered round the margins of the global economy, in an effort to return to business as usual.
On 7 November, as the G20 returns to the UK ..
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 | | The other credit crunch | | Could there be a more timely week for it to be Global Debt Week? As the global financial turbulence continues, campaigners around the world are mobilising for a week of action against reckless lending, which has affected developing countries ...
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| A Fairer Way of Dealing with Debt | | Almost daily we are seeing what rich countries can do when faced with a debt crisis. Hundreds of billions of pounds have been made available in recent weeks to bail out western banks whose reckless lending has been found out.
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| Jubilee Debt Campaign - July Update | | New Loans are not the Answer, Over 10,000 chains delivered to UK government, Pick up the Pace: UK responds to campaign, $347m of Togo's debt cancelled, Forget Jay Z - Glasto was all about the Debt, Contact details.
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| Time to drop Suharto's arms debt | | When Indonesia's former dictator General Suharto died last week, one
injustice he didn't take to his grave was his debts. Nearly ten years
after his removal from power, Indonesia is still paying back billions
of dollars to the rich world.
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| Take urgent action for Liberia | | Request for people to write or email Alistair Darling to use his influence to break the deadlock among the IMF shareholders who have been discussing the issue for more than 18 months.
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| That was the week that was | | Campaigners new and old have just finished taking part in a global week of action on debt, reminding politicians, the media and the public that despite progress in recent years, the daily injustice of poor country debt is far from resolved.
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| JUBILEE DEBT CAMPAIGN ACTION ALERT | | Last year your campaigning helped get Hilary Benn to take a stand at the World Bank. He withheld £50 million in protest over the conditions attached to aid and debt relief, which made the Bank sit up and take notice. We need to do it again.
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| JDC Updates | | Opportunity to lobby the UK government to put its money where its mouth is with regard to damaging conditions enforced by the World Bank when making loans.
Also the opportunity to lobby Donegal International and the "Vulture" funds and Zambian debt.
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