Illegitimate debt
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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 Belgium, 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 (...) -
Five theses developed in the book “The Debt System”
3 June 2022 - by Eric Toussaint, Martín Mosquera
Interview conducted by Martín Mosquera for the Latin-American magazine Jacobinlat]. Martín Mosquera (Jacobinlat) :Could you summarize some essential points from your book The Debt System: A History of Sovereign Debts and Their Repudiation? (...) -
Mexico: Payment of external debt must be suspended
25 May 2022 - by Benito Mirón Lince
Invited by the national Promotora for the cancellation of public debt, delegates from the international network of the Committee for the cancellation of illegitimate debts (CADTM), coming from Puerto Rico, Columbia, Uruguay and Argentina came to (...) -
Why should Ukraine’s debt be cancelled?
21 April 2022 - by Eric Toussaint, Sushovan Dhar
Sushovan Dhar: How much is the Ukrainian public debt and who are the main creditors? Eric Toussaint: Ukraine’s external debt, public and private, is about $130 billion, half of this debt is owed by the government, and the other half by the (...) -
How Private and Public Debt Crises Exacerbate Housing Problems in the EU
9 June 2021 - by Eric Toussaint, Eva Betavatzi
Abstract The increase in mortgage lending in European countries since the 1990s’ is symptomatic of a political determination to push households into buying rather than renting on the housing market. Banks benefit from this as it allows them not (...) -
Kenyan activists raise questions about debt...
29 January 2021 - by Kenya Debt Abolition Network
Report of Kenyan Debt Zoom Dialogue Held on 13 January 2021 at 2PM to 4PM 1.0 - INTRODUCTION/BACKGROUND On 13 January 2021 the Kenya Debt Abolition Network (KDAN) which is a social movement of Kenyan individual and organization whose (...) -
11 questions / 11 answers about the new global debt crisis and how it can be radically reduced
29 December 2020 - by Eric Toussaint, Olivier Bonfond, Mats Lucia Bayer
Introduction: The current crisis is the most severe since 1929. It is a multi-dimensional crisis of capitalism as it affects simultaneously democracy, health, the economy, climate, environment and social rights. The current health crisis (...) -
CADTM - 30 years of struggle against debt
16 November 2020 - by CADTM, Chris Den Hond
CADTM - Committee for the Cancellation of Illegitimate Debt = 30 years of struggle against debt Badly impacted by COVID-19, our meeting days largely took place online, with activists contributing from countries such as DRCongo, Morocco, Sri (...)
- 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)
- International Institutions
- International law
- Microcredit
- Migrations
- Militarism
- Multinational corporation
- Natural catastrophe
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COMITE POUR L'ABOLITION DES DETTES ILLÉGITIMES
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