The Philippines is on the frontline of the #debt & #climate crises. The 2️⃣nd of our #RealCostOfDebt series follows the women of Oriang, who are mobilising against policies that prioritise debt repayment over protecting Filipinos from climate change. www.eurodad.org/debt_story_c... #EraOfJustice

What happens to democracy, when #debt repayments dictate government spending❓ Creditors’ interests are prioritised over the human rights of citizens❗ In #Argentina, Aylén's traditional land are under threat from #FossilFuel exploitation. More 👉 www.eurodad.org/debt_story_d... #RealCostOfDebt

More coming up next week! Help us spread the word on #RealCostOfDebt #CancelTheDebt 👇

European Network on Debt and Development - Eurodad@eurodadnews.bsky.social · 3mo ago

🌍Around the world, billions of people’s lives are impacted by the global #debt crisis. We’ve been working w/ activists across the #GlobalSouth to share the #RealCostofDebt. ⏰The first story launches 5 May. Watch the trailer today! #CancelTheDebt #EraOfJustice

The war in Iran & Lebanon is leading to #FoodInsecurity, #EnergyCuts and a worsening #DebtCrisis in the Global South. 6️⃣5️⃣CSOs are demanding to * #StopTheWar * Grant finance * #CancelTheDebt * Suspend IMF surcharges! More 👉 www.eurodad.org/_stop_the_wa...

Over 1,000 lives have already been lost since the US and Israel’s attack on #Iran. Alongside immense human suffering, the war is already having huge economic consequences that extend far beyond the region. A 🧵 on the impacts, and what could happen to countries in debt if the situation continues

Es prohibeixen les compres especulatives… en teoria. Encara quede 4 forats que apunta amb molt encert el Sindicat.

Sindicat de Llogateres i Llogaters on X: "🔴 ATENCIÓ! ES PROHIBIRAN LES COMPRES ESPECULATIVES? Avui el PSC i els Comuns han anunciat un pacte. El que és de sentit comú es podria convertir en llei: els pisos són per viure-hi, no per especular. Però és veritat? O torna a ser una llei plena de forats? T'ho expliquem 🧵" / X

🔴 ATENCIÓ! ES PROHIBIRAN LES COMPRES ESPECULATIVES? Avui el PSC i els Comuns han anunciat un pacte. El que és de sentit comú es podria convertir en llei: els pisos són per viure-hi, no per especular. Però és veritat? O torna a ser una llei plena de forats? T'ho expliquem 🧵

x.com

💰 Pot ser una eina legal que els estats membres tradueixin a lleis nacionals per controlar el poder corporatiu. Un poder que des dels anys 90 opera sense llei ni restriccions a escala internacional, explica @ifresnillo.bsky.social d'@eurodadnews.bsky.social. #MakePollutersPay #EraOfJustice

💰 Pot ser una eina legal que els estats membres tradueixin a lleis nacionals per controlar el poder corporatiu. Un poder que des dels anys 90 opera sense llei ni restriccions a escala internacional, explica @ifresnillo.bsky.social des de @eurodadnews.bsky.social. #MakePollutersPay #EraOfJustice

This new UN report is truly shocking: globally, THIRTY TIMES as much finance flows to nature-destroying activities as to nature-supporting activities. Finance directly harmful to nature reached $7.3 trillion, while investments in nature-based solutions were only $0.22 trillion in 2023.

"In a letter to state and local officials, the human rights organization DAWN warned on Friday that any investment in Israeli sovereign debt by New York City would violate local and international law ... Israeli bonds have emerged as a crucial source of funding for the Israeli government."

Zohran Mamdani Wants NYC to Divest From Israel — But New Comptroller Pledges to Buy War Bonds

New York City Mayor Zohran Mamdani opposes the investments, but City Comptroller Mark Levine has pledged to invest in Israeli sovereign debt.

theintercept.com

“Official creditors were right to reject the deal with bondholders, which would have forced the people of Ethiopia to pay far too much, putting essential public services at risk,” said Heidi Chow, executive director of Debt Justice www.ft.com/content/d7cb...

Bondholders prepare to sue Ethiopia over $1bn debt default

Private-sector lenders say official creditors led by China and France have ‘unreasonably’ blocked a deal

ft.com

This is precisely why we need debt legislation in key jurisdictions like the UK and New York, and why we need a broader process to reform the debt architecture, including debt resolution rules and restructuring mechanism ... this is through a UN framework convention on sovereign debt!

Debt Justice@debtjustice.bsky.social · 6mo ago

Vulture funds are suing Ethiopia in London. They are demanding far more in debt payments than other creditors such as France and China. We need a Debt Justice Law now. debtjustice.org.uk/news/reactio...

‼️ Billionaire wealth jumps three times faster in 2025 to highest peak ever, sparking dangerous political inequality. Read Oxfam's new report ahead of #Davos 🔗 www.oxfam.org/en/press-rel... #RuleOfTheRich #FightInequality #TaxTheSuperRich #WEF26

Financial giant #BlackRock has made BILLIONS from countries in debt crisis 💸 At #Davos this week, they’re joining fellow billionaires to discuss “bold, collective action” in today’s economy. BlackRock we can tell you what bold action looks like. #CanceltheDebt now! #CancelDebtChooseHope

Over and over the US inflicts obscene violence against the global South, in flagrant violation of international law, to maintain the conditions for capital accumulation for its decadent billionaire class. It's disgusting and intolerable. We cannot continue to accept this.

Lo que viene…

Capitán Swing@capitanswing.bsky.social · 7mo ago

«Vamos a privatizar toda nuestra industria. Venezuela tiene inmensos recursos; petróleo, gas, minerales, tierra, tecnología... Venezuela, va a ser la oportunidad más brillante para la inversión para las empresas estadounidenses, para la buena gente, que van a ganar mucho dinero». Corina Machado.

This is what happens without a rules-based debt restructuring mechanism. As Sankara said: Lenders "gambled as if in a casino. As long as they had gains, there was no debate. But now that they suffer losses, they demand repayment. They played, they lost, that’s the rule of the game, and life goes on"

Debt Justice@debtjustice.bsky.social · 8mo ago

Ethiopia's bondholders are trying to get paid 50% more than government creditors. This would mean they'd make 100% profit after 'debt relief'. New research by us and Afrodad: debtjustice.org.uk/press-releas...

Despite its rhetoric, the #EU is undermining multilateral processes aiming to democratise & improve global economic governance. This hypocrisy was evident last week when it again opposed a UN intergovernmental process on #debt architecture. Read our OpEd: euobserver.com/eu-and-the-w...

euobserver — EU news that matters@euobserver.com · 8mo ago

While the EU supported declarations at the G20 heads of state summit and the AU-EU summit, acknowledging the need for a debt architecture reform, its actions in New York last week told a different story, warns Eurodad.

Will #COP30 be remembered as the COP of uncomfortable truths❓ "At the heart of the negotiations is the gap between ambition and the provision of public #ClimateFinance to the Global South." Read a blog by our #ClimateJustice expert Bertha Argueta ➡️ www.eurodad.org/truth_tensio...

The #G20 "paralysis is structural." With the South African Presidency ending last weekend, the G20 has once again failed to deliver solutions to the debt crisis. It is time to look to the United Nations for a #debt architecture reform. Read the oped: www.ipsnews.net/2025/11/the-... @ipsnews.net

We reiterate, reaffirm, remain commited, continue to support ... many ways for @g20org.bsky.social to say 'nothing changes in the broken debt architecture' The SA led G20 debt declaration illustrates how the G20 is NOT the space to advance solutions to #DebtCrisis www.resbank.co.za/content/dam/...

South Africa’s #G20 presidency has the potential to catalyse meaningful global #debt reform, but so far nothing tangible has been achieved. 1️⃣6️⃣5️⃣ organisations have called on @cyrilramaphosabsky.bsky.social to take action on the #debtcrisis. Read the call here➡️ www.eurodad.org/letter_to_sa...

📢 Economic, #Climate & #GenderJustice Caring for one = caring for all European leaders have missed an opportunity to show their support for #EconomicJustice reform at #FfD4 next week. Now more than ever, we need an #EraOfJustice! Join us in Sevilla 🪭 www.eraofjustice.org/sign-the-pet...

📜Today @josephestiglitz.bsky.social & #JubileeCommission presented their report on how to tackle the #debt and development crises An important contribution to a heated and key debate ipdcolumbia.org/publication/... A short 🧵on first impressions (1/6)

The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy - Initiative for Policy Dialogue

On June 20, 2025 the Pontifical Academy of Social Sciences (PASS) and Columbia University’s Initiative for Policy Dialogue (IPD) published a report by a commission of global experts calling for urgent...

ipdcolumbia.org

The #EU and #UK are stopping the global south from having a say by blocking UN-led #debt reform in #FfD4 outcome document. 👎 Our press release: www.eurodad.org/eu_and_uk_bl...

🎂 Fa #25AnysODG que reclamem justícia financera i climàtica, i la defensa dels béns comuns. 🌐 Som més necessàries que mai les persones i entitats que lluitem contra el poder corporatiu. ✊ Ajuda'ns a seguir lluitant a contracorrent. Fes-te sòcia: odg.cat/odg-25e-aniv...

Different rules of the game would have radically changed history. Our counterfactual simulations show that without colonial transfers, Europe would have been a debtor — and South Asia or Latin America could have become global creditors. [5/8]

Colonial extraction and unequal exchange have shaped two centuries of North-South inequality. A thread on the new study written with @gatonievas.bsky.social [A thread 1/8🧵]

World Inequality Lab@wid.world · last yr.

🚨Global economic relations have long been defined by imbalances and unequal power, not by self-correcting market forces, NEW STUDY finds. @thomaspiketty.bsky.social & @gatonievas.bsky.social call for structural reforms to the international monetary and exchange system. wid.world/news-article...

Avui se celebren els 25 anys de @observatoriodg.bsky.social: escola de formació en l'anàlisi del deute com a mecanisme d'opressió i despossessió del capitalisme i escola de formació en la construcció d'alternatives davant del poder de les corporacions transnacionals. #25anysODG

🆕 Ja disponible l'episodi Desenredades #29: '2025, una nova oportunitat per la justícia financera?'. 🎙️ Amb @ifresnillo.bsky.social (@eurodadnews.bsky.social) i Nicola Scherer (ODG) per fer memòria sobre 25 anys de lluita per la cancel·lació del deute extern. 🎧 www.ivoox.com/desenredades...