PAYBACK TIME
Aug 14, 2022
2 minutes
Words — Danny Chivers
Some big debts are coming due. On paper, countries of the Global South owe trillions of US dollars to Northern governments, banks and financial institutions.
But a growing movement, led by Southern activists, is turning this story on its head. The majority of these debts are illegitimate, often taken out by past dictatorships and featuring eye-watering interest rates that make them
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