Debt

Victum Addictum [ audio ]

huxwell — Sat, 12 Sep 2015 04:28:57 +0000

https://archive.org/download/kr319/kr319.mp3

A presentation of the addiction to debt with analogies to substance addiction by Len Martin, performance poet, and written by Graham Ferguson from his series on debt finance

16:00 min 128 kbps stereo 14.6 MB

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IMF Reports Debt and Human Crises Drive Uneven Growth

Anonymous — Wed, 15 Apr 2015 14:34:56 +0000

Global Stability and Economic Outlook Reports Released

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Global Financial Stability Report

Grenada Reaches Debt Deal as Caribbean Mired in Debt Problems

Anonymous — Fri, 10 Apr 2015 16:53:35 +0000

Grenada agreed to a debt plan with its Caribbean island investors that will result in a 50% reduction in the value of existing Grenada investment bonds. The deal offers investors a portion of future revenues from a government program designed to attract foreign investment.

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Argentina Responds to Supreme Court with Debt Swap Plan: Global Consequences of Court Ruling Remain Intact

Anonymous — Wed, 18 Jun 2014 19:24:39 +0000

In reaction to an adverse Supreme Court ruling against Argentina, President Cristina Fernández de Kirchner announced that Argentina would offer new bonds to its creditors governed under Argentine law. The proposed debt swap would involve the 92% of the country's creditors that agreed to restructure in the wake of the country's 2001 default. While the debt swap proposes an alternative for the South American country to avoid paying hold-outs, it fails to reverse the global implications on debt markets, debt restructuring and financial stability.

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Supreme Court Refuses Argentina Debt Case

Anonymous — Tue, 17 Jun 2014 20:52:05 +0000

The US Supreme Court denied hearing Argentina's appeal today and a lower court ruling stands that validates predatory behavior targeted towards countries in financial distress. The high court also denied a related appeal on behalf of the more than 92% of bond holders who had accepted Argentina's restructuring deal after the default.

Eric LeCompte, Executive Director of the religious anti-poverty organization Jubilee USA, releases the following statement:

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