Finance against people
-
The Scale of Debt: Estimating Everyday Household Indebtedness Worldwide
17 March 2026 - by Isabelle Guérin, Arnaud Natal
This brief provides a first global estimate of everyday indebtedness. It suggests that at least 33% of the world’s population relies on borrowing to meet basic needs – a figure that is likely underestimated. This widespread reliance on debt (…) -
Microfinance and Credit Regulatory Authority Act: Where to Go Next After the Coconut Is in the Bag
6 February 2026 - by Ishankha Singha Arachchi
The NPP government is planning to replace the outdated Microfinance Act of 2016 with a new law that introduces stronger regulatory oversight, formal licensing, enhanced consumer protection, and controls on interest rates. Cabinet approval has (…) -
AI and creative destruction
4 February 2026 - by Michael Roberts
Capital expenditure by the ‘hyperscalers’ and tech giants into AI data centres and chips etc continues to pour in. So far, the rise in AI-related investment is not particularly large by historical standards. According to a study by the Bank for (…) -
Kevin Warsh – Wall Street’s man
2 February 2026 - by Michael Roberts
Kevin Warsh, President Trump’s nominee to replace Jay Powell as Chair of the Federal Reserve next May, is the epitomy of a Wall Street, hedge fund insider. Educated at Stanford University and currently a fellow of its graduate school, he is also (…) -
German Chancellor Merz’s US ex-employer, BlackRock, will benefit most from ReArm Europe
19 December 2025 - by Fátima Martín
US giant BlackRock, the world’s largest asset manager and former employer of German Chancellor Friedrich Merz, is one of the major beneficiaries of the ReArm Europe program, the European Commission’s war policy. In fact, the North American (…) -
Then as farce, now as tragedy: The second coming of Microfinance and Credit Regulatory Authority
14 December 2025 - by Amali Wedagedara, Suneth Aruna Kumara, Renuka Gunawardena
The Microfinance and Credit Regulatory Authority Bill that was defeated by communities affected by microfinance, women victims and community credit providers in April 2024, has reincarnated. The one gazetted in October 2023, with zero community (…) -
Who are the CADTM ? What is Illegitimate debt ? An ABC
28 October 2025 - by Eric Toussaint, Maxime Perriot
Founded in 1990, the Committee for the Abo- lition of Illegitimate Debt (Comité pour l’Abolition des dettes illégitimes, previously called Comité pour l’Annulation de la Dette du Tiers-Monde [Committee for the Cancellation of Third-World Debt], (…) -
For decades, the North has been accumulating an ecological debt towards the peoples of the South
8 July 2025 - by Eric Toussaint, Jorge Muracciole
Argentine journalist Jorge Muracciole interviews Éric Toussaint. From Belgium, the historian and economist raises alarms about the global ecological crisis, asserting that it has reached an extreme level. He emphasises the necessity of fighting (…) -
Confronting Financial Institutions’ Legacies in the Global South : 30 arguments against the World Bank and the IMF
3 June 2025 - by Eric Toussaint
We present the speech delivered by the CADTM spokesperson at a public forum held in Manila (Philippines) on June 2, 2025, organised by IIRE Manila in collaboration with CADTM. The forum took place at the University of the Philippines in the (…) -
Rich and powerful versus poor and weak
Trump is globalizing the class struggle!
9 May 2025 - by Yorgos Mitralias
The first 100 days of Trump’s second presidency have been enough for Trumpism to upset not only the certainties of the international order established by those from above, but also the dispositions and perception of that international order by (…) -
Debt data portal of debt justice
11 April 2025 - by Debt Justice
This portal by Debt Justice compiles key statistics and analysis on the debts of countries and governments. Click here to access the analysis and data featured, and here to read more about sources. Our own risk analysis, presented on the (…) -
Debt-for-nature swaps 2.0, a deceptive solution
9 February 2025 - by Pablo Laixhay, Maxime Perriot
Debt-for-nature swaps are back to the forefront of the international stage. Promoted as being an innovative solution to reduce the debt of countries of the South while financing the preservation of nature, those mechanisms have been put forward (…) -
Microcredit as an instrument of the international financial system and alternatives
8 February 2025 - by Omar Aziki
At the CADTM South Asia workshop in Colombo, which took place from Thursday 30 January to Saturday 1 February, Omar Aziki delivered a critical analysis of microcredit. He showed how this tool is an instrument of capitalist and patriarchal (…) -
Colombo Declaration 2025 : Against IMF-led agreement, debt and austerity
6 February 2025 - by CADTM South Asia
We, the participants of the 11th CADTM South Asia meeting, hailing from Bangladesh, India, Pakistan, Sri Lanka, as well as Morocco, the Philippines, Brazil, Belgium and Spain, convened in Colombo, Sri Lanka, from January 31 to February 1, 2025, (…) -
The Urgent Need to Better Measure Household Debt
10 January 2025 - by Isabelle Guérin, Timothée Narring , Sébastien Michiels, Arnaud Natal
Sébastien Michiels, Arnaud Natal, Isabelle Guérin and Timothée Narring have authored a paper on household debt in the North and Global South, which CADTM is pleased to publish. The paper looks at the measurement of household debt, the use of (…) -
Series : Debt cancellations : a historical perspective (part 4)
Democracy and Debt: Has the Link been Broken?
8 January 2025 - by Michael Hudson
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 struggles for debt cancellation and the role of (…) -
Series: 1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !
The International Monetary Fund: an ABC 2.0
10 December 2024 - by Eric Toussaint
The World Bank and the IMF are 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 Bretton Woods institutions must be abolished and replaced by (…) -
Series: 1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !
The Case for Abolishing and Replacing the IMF and the World Bank
20 November 2024 - by Eric Toussaint
The World Bank and the IMF are 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 Bretton Woods institutions must be abolished and replaced by (…) -
Series: 1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !
The World Bank: an ABC 2.0
13 November 2024 - by Eric Toussaint
The World Bank and the IMF are 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 Bretton Woods institutions must be abolished and replaced by (…) -
Series: 1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !
World Bank and IMF: 80 Years is Enough! Abolition!
6 November 2024 - by Eric Toussaint
The World Bank and the IMF are 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 Bretton Woods institutions must be abolished and replaced by (…) -
IMF: Fake Good News
5 November 2024 - by Eric Toussaint
In early November 2024, the IMF decided to create a 25th Executive Director position. The move had been under discussion for some fifteen years, and the seat was to be given to sub-Saharan Africa. But is this really good news for Africa? Will (…) -
Series: 1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !
The World Bank, the IMF and the respect of human rights
23 October 2024 - by Eric Toussaint
The World Bank and the IMF are 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 Bretton Woods institutions must be abolished and replaced by (…) -
Jackson Hole celebrates itself
12 September 2024 - by Michael Roberts
Every August the world’s top central bankers meet in Jackson Hole, Wyoming, a ski resort in central US for a ‘symposium’ organized by the Kansas City Federal Reserve. The bankers take this opportunity to discuss monetary policy and its efficacy (…) -
1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !
The World Bank did not Foresee the Arab Spring Popular Uprisings and still Promotes the very same Policies that triggered them
11 September 2024 - by Eric Toussaint
The World Bank and the IMF are 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 Bretton Woods institutions must be abolished and replaced by (…) -
1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !
Ecuador: Resistance against the policies imposed by the World Bank, the IMF and other creditors between 2007 and 2011
16 August 2024 - by Eric Toussaint
The World Bank and the IMF are 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 Bretton Woods institutions must be abolished and replaced by (…)
CADTM
COMMITTEE FOR THE ABOLITION OF ILLEGITIMATE DEBT
8 rue Jonfosse
4000 - Liège- Belgique
+324 56 62 56 35
info@cadtm.org
