As the world faces the worst debt crisis in decades, the need for a global lender of last resort is clearer than ever. But many nations view the IMF as overbearing, or even neocolonial – and are now looking elsewhere for help. By Jamie Martin
Could Barbados blueprint be a Marshall Plan for the climate crisis?
Mia Mottley, PM of Barbados, who, at Cop27 called again for climate justice, is devising a debt relief and loan blueprint, targeting the IMF
The long read
Is the IMF fit for purpose?
The long read: As the world faces the worst debt crisis in decades, the need for a global lender of last resort is clearer than ever. But many nations view the IMF as overbearing, or even neocolonial – and are now looking elsewhere for help
October 2022
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I’m 65 and have $300,000 in student debt. I and other older debtors are going on strike
Lystra Small-Clouden
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George Monbiot
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Exclusive: Debt Justice calls on UK to use power to make private lenders take part in effective relief scheme
May 2022
Sri Lanka is the first domino to fall in the face of a global debt crisis
The south Asian country is the first to buckle under economic pressures compounded by Russia’s war on Ukraine, but it won’t be the last
April 2022
World Bank plans $170bn financing to ease ‘multiple crises’
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Larry Elliott
Quarter of a billion people now face extreme poverty, warns Oxfam
Repayment plans pushing thousands into deeper debt
March 2022
There’s an easy way to help Ukraine without military escalation: cancel its foreign debt
Owen Jones
A country battered and bruised by Russia’s invading forces needs space to breathe – not demands from hedge funds, says Guardian columnist Owen Jones
