Debt

Global Justice Now called on the British Government to support Argentina in its stand-off with its private sector lenders, ahead of the country’s formal default deadline on Friday. If Argentina goes into default, it is likely to be the first of many countries, as enormous debt burdens prevent government dealing with the coronavirus crisis across Africa, Asia and Latin America.

Campaigners call for $40 billion of debts to be cancelled in 2020, as IMF announces $0.5 billion fund.

Last night activists from Global Justice Now and Jubilee Debt Campaign projected “Cancel Greek Debt” in giant letters against the German embassy in West London, below a a mock-up of German Chancellor Angela Merkel  as the three wise monkeys (‘see no evil, hear no evil, speak no evil’). The series of projections also included a the slogan “OXI – no to Debt and Austerity.”

This morning we teamed up with Jubilee Debt Campaign to hold a solidarity protest at the ‘Elgin Marbles’ in the British Museum with a banner saying "OXI No - No More Looting - Support Greece"