Tag Archives: public debt

‘Outrageous’ Mozambique debt deal could make 270% profit for speculators

by Tim Jones

People of Mozambique to pay $1.7 billion to $2.2 billion on original loan of $760 million, which was not agreed by Mozambique parliament, and which has been of no benefit

Greece | Greece: the so called debt reduction is a sleight of hand

by Eric Toussaint , Marie Brette

Eric Toussaint interviewed by Marie Brette for TV5 Monde

Eric Toussaint, what do you think of the agreement between the Eurozone ministers? Has Greece got through the crisis?

Bio-piracy: the sale of Uganda’s lakes to investors

by Mary Serumaga

The fishermen of Kabarole District appear to have blown the whistle on an audacious act of bio-piracy. They brought to the attention of the authorities that they were being barred from access to the 53 crater lakes that they have fished in from time immemorial. In law this is known as a customary right. It cannot be extinguished simply by putting up barbed wire or waving guns about. But that is just what the District Fisheries Officer of Kabarole tried to do when he leased all 20 lakes to Ferdsult Engineering Services who then proceeded to “re-stock” some lakes and claim ownership of all them.

UNCTAD: Debt warning lights flash for poorest countries, experts say

Top economists from UNCTAD and the International Monetary Fund agree it’s time to sound the alarm on rising public debt in many low-income countries but disagree on how loudly the bell should be rung.

UK | 10 key facts about debt in the UK

The UK government is paying virtually the lowest amount of interest on its debt in recorded history, as a proportion of GDP. Of the payments it is making, most are to people and institutions in the UK, with just 25% of UK government debt owed outside the country. In contrast, 24% of the UK government’s debt is owed to the UK government itself, via the Bank of England.