Predatory Debt

Predatory Debt

As Ethiopia seeks debt relief amid economic crisis, private lenders are pursuing legal action for bigger profits. By Tim Jones.

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NI 561 - Trade Unions - May, 2026
Amidst intense violence in the city, a child watches from an opening in a security gate in Port-au-Prince, Haiti, on 9 March 2024.Photo: Odelyn Joseph/AP Photo/Alamy

Held to ransom

Haiti’s so-called ‘independence debt’ helped lay the ground for the crisis in the country today. Harold Isaac reports.

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NI 549 - Debt: which way out? - May, 2024
Debt is a feminist issue

Debt is a feminist issue

5 reasons why debt is a feminist issue. Words by Amy Hall

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NI 549 - Debt: which way out? - May, 2024
Eva, a farmer in Tema, Ghana spreads locally produced fertilizer in July 2022. Some farmers have reportedly switched to this method due to fertilizer shortages and rising prices.Photo: Sven Torfinn/Panos Pictures

Stand off

When Covid-19 plunged many countries further into debt crises, the G20 came up with a plan that was supposed to help alleviate the debt burden. Four years later, not one country has reached a deal. Amy Hall explores why.

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NI 549 - Debt: which way out? - May, 2024
Photo: Lorenzo Rossi/Alamy Stock Photo

The problem is capitalism

Yanis Varoufakis explores how we can transform debt from ball and chain to an enabler of shared prosperity.

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NI 549 - Debt: which way out? - May, 2024
Debt - The Facts

Debt - The Facts

Know your debt; Twin powers; Where the money flows; Household debt.

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NI 549 - Debt: which way out? - May, 2024
 Student debtors blow air horns outside the US Department of Education in Washington DC on 4 April 2022, joining the Debt Collective’s call to President Joe Biden to abolish student loan debt.Photo: Alejandro Alvarez/SIPA USA/Alamy

Power in the union

How can we build our power to abolish illegitimate debt? Astra Taylor speaks to Amy Hall about founding Debt Collective, a US-based union for debtors.

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NI 549 - Debt: which way out? - May, 2024
Action & Info

Action & Info

Action, and further reading on climate capitalism.

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NI 549 - Debt: which way out? - May, 2024
Drop the Debt: Protesters call for debt cancellation, wearing face masks of Yoshiro Mori, the then prime minister of Japan. They gathered outside Downing Street, London, during Mori’s meeting with Britain’s leader Tony Blair on 3 May 2000.Photo: Jonathan Evans/Reuters

Who owes whom?

Rising costs, Covid-19 and austerity have pushed too many countries – and households – into unmanageable debt. Amy Hall asks how we got here, and finds a movement shaking off the stigma of debt and getting organized.

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NI 549 - Debt: which way out? - May, 2024
Illustration: Emma Peer

Seriously?

In too deep, by Husna Ara.

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NI 541 - The cost of living crisis - January, 2023
Activists from the Platform for People Affected by Mortgages (PAH) hold up signs – ‘500,000 foreclosures’, ‘Organized Citizens’ – at a protest in Barcelona, May 2014.Photo: Matthias Oesterle/Alamy

Debtors unite

Spain’s human shields against evictions, by Luke Stobart.

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NI 541 - The cost of living crisis - January, 2023
Women sift stones for building material at the abandoned slagheap of the Chinese-owned Luanshya Copper Mine, in Kitwe, Zambia.Photo: Joerg Boethling/Alamy

Structural adjustment 2.0

As the International Monetary Fund keeps pushing austerity, Zambian journalist Zanji Valerie Sinkala explores whether that’s really a solution to her country’s economic woes.

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NI 541 - The cost of living crisis - January, 2023
Cost of living - The Facts

Cost of living - The Facts

Inflation, poverty and hunger, debt, profit and inequality.

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NI 541 - The cost of living crisis - January, 2023
Action & info

Action & info

Initiatives, action, and further reading on the cost of living.

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NI 541 - The cost of living crisis - January, 2023
Protestors in Panama City in July 2022 demand the government puts a ceiling on the price of fuel, food and medicines.Photo: Erick Marciscano/Reuters/Alamy

Whodunnit?

As the cost of living crisis becomes entrenched, Nick Dowson examines the scene of the crime, tracks down the culprits and proposes a route to resolution.

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NI 541 - The cost of living crisis - January, 2023
Floods have devastated Pakistan, displacing millions and demonstrating the increasingly volatile impacts of the climate crisis. Here rural villagers are pictured using boats to access their homes on 13 September 2022.Photo: Akhtar Soomro/Reuters/Alamy

Cancel the debt

Report from Pakistan by Farooq Tariq.

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NI 540 - Land rights - November, 2022
Global action: Activists in London demand that G7 leaders cancel the debt of the countries in the Global South, on 26 June 2022.Photo: Vuk Valcic/Alamy

Temperature Check

Payback time, by Danny Chivers.

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NI 539 - Railways - September, 2022
Cyclone Idai survivor Enia Joaquin Luis, 11, wakes up beside her sister Luisa, 6 – both enveloped by plastic sheeting in Buzi, Mozambique.Photo: YASUYOSHI CHIBA/AFP/Getty

Mozambique: ‘I will not pay’

Mozambican campaigners call for debt cancellation.

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NI 520 - The right to the city - July, 2019
Workers labouring on a suspension bridge across the Yangtze River in May 2018.Photo: AFP/Getty Images

China: a post-neoliberal order?

If the global financial crisis symbolized the decline of the West, it also signalled that the future belongs to China – a superpower that ‘understands’ the developing world better than the US, IMF or World Bank, according to Martin Jacques.

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NI 514 - The next financial crisis - July, 2018

When the world almost ended

It’s 10 years since the global financial system almost sent the world into a great depression. Yohann Koshy takes stock of what went wrong and where we are now.

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NI 514 - The next financial crisis - July, 2018

Articles in this category displayed as a table:

Article title From magazine Publication date
Trade Unions May, 2026
Debt: which way out? May, 2024
Debt: which way out? May, 2024
Debt: which way out? May, 2024
Debt: which way out? May, 2024
Debt: which way out? May, 2024
Debt: which way out? May, 2024
Debt: which way out? May, 2024
Debt: which way out? May, 2024
The cost of living crisis January, 2023
The cost of living crisis January, 2023
The cost of living crisis January, 2023
The cost of living crisis January, 2023
The cost of living crisis January, 2023
The cost of living crisis January, 2023
Land rights November, 2022
Railways September, 2022
The right to the city July, 2019
The next financial crisis July, 2018
The next financial crisis July, 2018
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