Jubilee USA Network

U.S. a Favourite Roost of Vulture Funds

Aggressive creditors and investors are seriously undermining the ability of poor countries to deal sustainably with debt issues, academics and anti-poverty campaigners told a briefing at the U.S. Capitol on Wednesday.

Key Global Financial Agencies Fall Short on Poverty Reduction

Key multilateral institutions charged with improving regulation of the international financial system are failing to democratise their governance and adequately consider the impact of their actions on the world's poor, says a new report by anti-poverty groups.

OP-ED: Grenada’s IMF Sunday School

As the International Monetary Fund shares initial proposals for Grenada's debt restructuring during the Washington DC meetings this week, the Caribbean island could gain a reputation for more than nutmeg, calypso, beaches and the 2012 gold medal sprinter Kirani James.

400 Million Children Mired in Extreme Poverty

Four hundred million children under 13 years of age are living in extreme poverty worldwide, according to a new study released by the World Bank here Thursday.

Norway Sets Example in Audit of Poor Countries’ Debts

Anti-poverty campaigners are celebrating the Norwegian government’s release of an external audit of all outstanding public debts it is owed by developing countries, the first time any country has undertaken such a process.

U.S. and Rest of G8 Won’t Follow UK on Corporate Transparency

The United States is being singled out for criticism after the Group of Eight (G8) rich countries failed to adopt a plan pushed by British Prime Minister David Cameron to require the creation of public country-level registries with detailed information on corporate ownership and activity.