G8 / G20

Group composed of the most powerful countries of the planet: Canada, France, Germany, Italy, Japan, the UK and the USA, with Russia a full member since June 2002. Their heads of state meet annually, usually in June or July.

Touting a Failed Paradigm

The Trouble with Gleneagles

8 July 2005 - by Sameer Dossani

People’s movements around the world should be congratulated on the success of their constant pressure placed on the world’s richest governments to cancel the debts of eighteen of the poorest countries. These governments have now been shamed into (...)
Debt campaigners expose flaws in G8 debt proposals

5 July 2005 - by Collectif

Campaigners from five continents gathered in Edinburgh are saying that the G8 debt relief proposals do not go far enough and have strings attached. Under pressure from campaigners the G8 has tabled a new debt cancellation proposal. (...)
G8 Summit: Voices from “Indebted Countries” Warn Current Plans Insufficient

3 July 2005 - by Jubilee South

DEBT ACTIVISTS PUT G8 ON NOTICE: “MAKING HISTORY” REQUIRES ENDING ECONOMIC & POLITICAL DOMINATION OF GLOBAL SOUTH As protesters, advocates, and government officials begin to make their way to Scotland for the G8 Summit in Gleneagles, (...)
G8 Debt Cancellation Deal: An Incomplete, Yet Positive Step Forward

21 June 2005 - by The 50 Years Is Enough Network

The announcement by G8 Finance Ministers on June 11 of a deal to cancel debts claimed of 18 Global South countries by the IMF, World Bank, and African Development Bank (AfDB) represents a significant success for debt campaigners around the (...)
Jubilee South/ Americas reiterates demand for 100% unconditional cancellation of debt

13 June 2005 - by Jubilee South

JUBILEE SOUTH/AMERICAS REITERATES DEMAND FOR 100% UNCONDITIONAL CANCELLATION OF DEBT CLAIMED OF SOUTH COUNTRIES AND AUDIT TO DETERMINE WHO OWES WHOM Buenos Aires, June 11, 2005 - The G-8 Finance Ministers announced this afternoon a new (...)
Press release

The CADTM declares G8 countries’ debt cancellation projects a sham

9 June 2005 - by CADTM

Far from the geopolitical strategies and the mean-minded calculations of the major powers, the CADTM (Committee for the Abolition of Third World Debt) affirms that total cancellation of the external public debt for all developing countries, (...)
What is the G8?

8 June 2005 - by Stuart Hodkinson

The G8 is the annual summit of the ‘Group of Eight’ nations: Canada, France, Germany, Italy, Japan, Russia, UK and US. They are the world’s most powerful capitalist countries, sharing two-thirds of global wealth - and they want to keep it that way. (...)
Africa Action Condemns G-7 Inaction on Debt Cancellation

6 June 2005 - by Africa Action
All talk and no action - the G7 has no intention of cancelling the debt

7 February 2005 - by Eric Toussaint, Damien Millet

The failure that has marked the end of the summit of G7 finance ministers on 4th and 5th of February had to be covered up with empty declarations. The final communiqué is just another step in a direction that has already shown itself to be far (...)
Debt Cancellation on G-7 Agenda-“Delay is Unacceptable”

5 February 2005 - by Jubilee USA
Failure to Act on 100% Debt Cancellation a Tragedy, Will Cost Lives

US Movement for Debt Cancellation Outraged by G-8 Failure on Debt

13 June 2004 - by The 50 Years Is Enough Network, Jubilee USA

SAVANNAH, Ga. - Jubilee USA Network and the 50 Years Is Enough Network expressed disappointment this afternoon at the failure of the G-8 leaders to take decisive action by committing to support 100% multilateral debt cancellation for (...)
Iraq, War, Debt and the G8

26 April 2003 - by Eric Toussaint

Some days after the beginning of the invasion of Iraq, George W Bush gave an estimate to Congress that the cost of the war for the US Treasury would reach 80 billion dollars. According to the UNDP and UNICEF, that is precisely the annual sum (...)