Illegitimate debt
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Capacity-building seminar for Togolese women and civil society organisations on illegitimate debts, their impact on human rights and possible alternatives
Lomé Declaration
14 September 2023 - by CADTM Afrique, Attac-Togo, Womin, Foundation for a just society
The struggle against illegitimate, illegal, unsustainable and odious debts has been at the heart of the concerns of African and even Western civil society for more than two decades. With this in mind, the Committee for the Abolition of (...) -
Resisting the shock doctrine
15 July 2023 - by Eric Toussaint, Sushovan Dhar, Yuliya Yurchenko
Ashley Smith chairs an event with Yuliya Yurchenko, Eric Toussaint, and Sushovan Dhar on the global movement against neoliberalism, debt, and the struggle in Ukraine. In this discussion, Yuliya Yurchenko, Eric Toussaint, and Sushovan Dhar (...) -
Deal in Ignominious Green in the Galapagos
21 June 2023 - by Anne Theisen
According to Julien Bouissou’s article in Le Monde on 18 May 2023, ’cancelling the debt and offsetting it with a set of measures to safeguard the biodiversity of the Galapagos archipelago, a UNESCO world heritage site’ is an ’extraordinary green (...) -
Deeper than ever, the crisis leaves capitalism out of breath
20 June 2023 - by Eric Toussaint
CADTM : Are we witnessing a crisis This is a major crisis of the globalized capitalist system, the worst crisis since those of the years 1914-1945 Éric Toussaint : Yes. All the warning lights are flashing: there is a very significant economic (...) -
Ukraine: Resisting creditors
23 May 2023 - by Eric Toussaint, Sushovan Dhar
Sushovan Dhar: What can be said about Ukraine’s debt 15 months after Russia invaded its territory? Éric Toussaint: I must first of all insist that Russia’s invasion of Ukraine is an unjustifiable and morally unacceptable act of aggression. Faced (...) -
Madrid Manifesto against Illegitimate Debt and Vulture Funds
26 April 2023 - by CADTM
From Friday, April 21, to Sunday, April 23, 2023, the days against illegitimate debt and vulture funds were held in Madrid. These were organised by ATTAC Spain, CADTM International, the Platform against Vulture Funds, the Citizen Audit of the (...) -
The urgent need to repudiate debt
6 April 2023 - by Eric Toussaint, Anaïs Carton
According to the International Monetary Fund and the World Bank, at the end of 2022, approximately 60% of low-income developing countries were already in debt distress or were at high risk of being so. Debt payment suspensions have multiplied in (...) -
8th March
Debts are a tool of oppression! We will not pay!
7 March 2023 - by CADTM International
On the occasion of March 8, international day of struggle for women’s rights, we, activists of CADTM INTERNATIONAL, mobilize against the debt and its patriarchal and capitalist violence. Peasant women, students, workers, mothers, unemployed (...) -
Greece: The infamy of a predicted terrible rail disaster
6 March 2023 - by Yorgos Mitralias
The following could be a dark humor joke, but it is a very real story and, above all, emblematic of this neoliberal and dilapidated Greece of the first half of the 21st century. Only a few hours before the terrible rail disaster of 28 (...) -
[Video] Le CADTM joins the international campaign Debt for Climate and calls for the cancellation of the illegitimate debts
28 February 2023 - by CADTM Belgique, Scientist Rebellion Belgium, Extinction Rebellion Belgium
On the occasion of the 70th anniversary of the cancellation of Germany’s debt, CADTM, Scientist Rebellion Belgium and Extinction Rebellion Belgium joins the international Debt for Climate campaign and calls for the cancellation of the (...) -
From Lebanon to Sri Lanka through Latin America and Egypt: Public debt today and in the history of capitalism
26 February 2023 - by Eric Toussaint, Anis Germany
The present interview with Éric Toussaint aims at constructing a common position about debts and their payment. It also helps to understand the part played by debt and its mechanisms in the extraction of resources of the South by the North at an (...) -
Women for Debt Relief: “Our Lives Are Worth More Than Their Credits”
6 January 2023 - by Christine Vanden Daelen, Camille Bruneau, Capire
Feminist readings on the economy place the sustainability of life as a starting point of analysis. This allows us to turn priorities around, formulate new questions, and propose new alternatives. As states and people face increasing debt, (...) -
Final declaration of the seventh national congress of ATTAC CADTM Morocco
22 December 2022 - by ATTAC/CADTM Morocco
ATTAC CADTM Morocco organized its seventh national congress in Rabat on December 16, 17 and 18, 2022 under the slogan: “Let’s continue our contribution to build resistances for freedom and for social and environmental justice”. In Morocco, the (...) -
Political situation in Sri Lanka, India, Pakistan, Bangladesh, microcredit, IMF
Success of the 9th CADTM South Asia seminar in Colombo (Sri Lanka)
21 December 2022 - by CADTM, Maxime Perriot
The 9th CADTM South Asia Seminar, organised in collaboration with the Law & Society Trust (LST, Sri Lanka) and the Movement for Land and Agricultural Reform (MONLAR, Sri Lanka), a member of La Via Campesina, was held in Colombo on Friday, (...) -
When States Start with a “Clean Slate” and Repudiate Debts: Whose Turn Now?
12 December 2022 - by Eric Toussaint, Anaïs Carton
In this article, Anaïs Carton and Éric Toussaint demonstrate, using a number of examples, that there is no automatic continuity of obligations related to debt when one State or government succeeds another. In April 2023, the Vienna Convention (...) -
International situation and Illegitimate debt
12 December 2022 - by Eric Toussaint
We are publishing a summary of the presentation made by Eric Toussaint at the 9th CADTM South Asia workshop held in Colombo on 2 and 3 December 2022. Very strong economic slowdown without reducing greenhouse gas emissions and other (...) -
Debt Status in Nepal
9 December 2022 - by Sudhir Shrestha
CADTM delegate at the 9th CADTM South Asia meeting in Colombo, Sri Lanka (2nd to 4th of december 2022), Sudhir Shrestha detailed the situation of Nepal’s external public debt. In this country of nearly 30 million people, 34% of the budget is (...) -
Public debt and Microfinance in Morocco : When the poor Finance the rich
9 December 2022 - by Jawad Moustakbal
Jawad Moustakbal (ATTAC CADTM Morocco) was one of the CADTM delegates at the 9th CADTM South Asia meeting, in Colombo, Sri Lanka (2-4 December 2022). He presented the damage caused by microcredit and public debt in Morocco for decades. Jawad (...) -
The debt scenario in India
9 December 2022 - by Sushovan Dhar
Sushovan Dhar, CADTM delegate at the 9th CADTM South Asia meeting in Colombo, Sri Lanka (2-4 December 2022), spoke on 2 December at the conference on South Asian private debt, financial institutions and the role of social movements. Read : (...) -
Colombo Declaration
4 December 2022 - by CADTM
We, the participants of the 9th CADTM South Asia meeting from Bangladesh, India, Nepal, Pakistan, Sri Lanka, as well as from Morocco, Belgium, Spain and France, assembled in Colombo, Sri Lanka, from December 2–4, 2022, reaffirm our fight against (...) -
The debt and climate crises : Why climate justice must include debt justice
21 October 2022 - by Tess Woolfenden, Dr Sindra Sharma Khushal
The CADTM supports the following text, which shows the link between debt and climate crises and contributes some relevant ideas on this issue. However, we do not believe that radical changes such as debt cancellations will come from major (...) -
Heavily indebted Humans Deserve Debt Relief (Just as Nations Do)
4 October 2022 - by Jami Hubbard Solli
From Argentina to Zambia, the global news is filled with stories of irresponsible, unsustainable lending to low-income governments which ultimately results in suffering for their own people. Suffering takes the form of austerity measures imposed (...) -
After the floods, Pakistan needs reparations, not charity
13 September 2022 - by Farooq Tariq
At the time of writing, more than one-third of Pakistan is under water. Flash floods, generated by abnormal monsoon rains have so far claimed the lives of 1350 people, Pakistan bears some of the worst consequences of the climate crisis globally. (...) -
A sovereign State can refuse the transfer of debts that were contracted in times of subjection
23 June 2022 - by Anaïs Carton
The CADTM has devoted a series of articles to the collective book Sovereign Debt Diplomacies. Rethinking Sovereign Debt from Colonial Empires to Hegemony, Edited by Pierre Pénet and Juan Flores Zendejas. We provide here a summary of Chapter 9 (...) -
Mexico: Oaxaca Declaration against illegitimate debt (April 2022)
6 June 2022 - by National Promorora for the Suspension of Public Debt Repayment
Starting April 26, 2022, various activities were carried out in different parts of Mexico by the COMMITTEE FOR THE ABOLITION OF ILLEGITIMATE DEBT, in coordination with the NATIONAL PROMOTORA FOR THE SUSPENSION OF PUBLIC DEBT REPAYMENT, and the (...)
- ICAN
- Agrarian Distress
- Agriculture and Food Sovereignty
- Alternatives
- Antifascism
- Arbitration
- Audit
- Austerity/Structural Adjustment
- Bank of the South
- Banks
- Belt and Road
- Big Pharma
- BRICS
- Capitalism
- Colonialism
- Commercial agreements
- Corporate
- Corporate Debt
- Corruption / financial criminality
- Crisis
- Debt campaign
- Debt crisis
- Debt in History
- Debt in Northern countries
- Development
- ECB
- Ecological debt
- Ecology/Climate
- Energy
- External debt
- Feminisms
- Films
- Financial crisis
- G8 / G20
- Health
- Housing
- Human Rights
- ILO
- IMF
- Imperialism
- Inequality
- Inflation
- Initiative for the heavily indebted poor countries (HIPCs)
- Internal debt
- International Institutions
- International law
- Labour
- Microcredit
- Migrations
- Militarism
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CADTM
COMITE POUR L'ABOLITION DES DETTES ILLÉGITIMES
8 rue Jonfosse
4000 - Liège- Belgique
00324 60 97 96 80
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