* Stop wars of aggression against Iran and the MENA region. * Support countries with unconditional non-debt creating finance. * Suspend all debt payments to all lenders. * Unconditionally cancel all unsustainable debts. * Suspend the IMF surcharges. * New Special Drawing Rights (SDR) allocation * Overhaul the international multilateral system to make it truly inclusive and rights-based. * Establish an automatic debt payments cancellation mechanism in parallel to a multilateral debt resolution mechanism and within a UN Framework Convention on Sovereign Debt

The war in Iran & Lebanon is leading to #FoodInsecurity, #EnergyCuts and a worsening #DebtCrisis in the Global South.
6️⃣5️⃣CSOs are demanding to
* #StopTheWar
* Grant finance
* #CancelTheDebt
* Suspend IMF surcharges!
More 👉 www.eurodad.org/_stop_the_wa...

Over 1,000 lives have already been lost since the US and Israel’s attack on #Iran. Alongside immense human suffering, the war is already having huge economic consequences that extend far beyond the region.

A 🧵 on the impacts, and what could happen to countries in debt if the situation continues

Sindicat de Llogateres i Llogaters on X: "🔴 ATENCIÓ! ES PROHIBIRAN LES COMPRES ESPECULATIVES? Avui el PSC i els Comuns han anunciat un pacte. El que és de sentit comú es podria convertir en llei: els pisos són per viure-hi, no per especular. Però és veritat? O torna a ser una llei plena de forats? T'ho expliquem 🧵" / X 🔴 ATENCIÓ! ES PROHIBIRAN LES COMPRES ESPECULATIVES? Avui el PSC i els Comuns han anunciat un pacte. El que és de sentit comú es podria convertir en llei: els pisos són per viure-hi, no per especular. Però és veritat? O torna a ser una llei plena de forats? T'ho expliquem 🧵

Es prohibeixen les compres especulatives… en teoria. Encara quede 4 forats que apunta amb molt encert el Sindicat.

💰 Pot ser una eina legal que els estats membres tradueixin a lleis nacionals per controlar el poder corporatiu. Un poder que des dels anys 90 opera sense llei ni restriccions a escala internacional, explica @ifresnillo.bsky.social d'@eurodadnews.bsky.social.

#MakePollutersPay
#EraOfJustice

💰 Pot ser una eina legal que els estats membres tradueixin a lleis nacionals per controlar el poder corporatiu. Un poder que des dels anys 90 opera sense llei ni restriccions a escala internacional, explica @ifresnillo.bsky.social
des de @eurodadnews.bsky.social.

#MakePollutersPay
#EraOfJustice

This new UN report is truly shocking: globally, THIRTY TIMES as much finance flows to nature-destroying activities as to nature-supporting activities.

Finance directly harmful to nature reached $7.3 trillion, while investments
in nature-based solutions were only $0.22 trillion in 2023.

Zohran Mamdani Wants NYC to Divest From Israel — But New Comptroller Pledges to Buy War Bonds New York City Mayor Zohran Mamdani opposes the investments, but City Comptroller Mark Levine has pledged to invest in Israeli sovereign debt.

"In a letter to state and local officials, the human rights organization DAWN warned on Friday that any investment in Israeli sovereign debt by New York City would violate local and international law ... Israeli bonds have emerged as a crucial source of funding for the Israeli government."

Bondholders prepare to sue Ethiopia over $1bn debt default Private-sector lenders say official creditors led by China and France have ‘unreasonably’ blocked a deal

“Official creditors were right to reject the deal with bondholders, which would have forced the people of Ethiopia to pay far too much, putting essential public services at risk,” said Heidi Chow, executive director of Debt Justice
www.ft.com/content/d7cb...

This is precisely why we need debt legislation in key jurisdictions like the UK and New York, and why we need a broader process to reform the debt architecture, including debt resolution rules and restructuring mechanism ... this is through a UN framework convention on sovereign debt!

‼️ Billionaire wealth jumps three times faster in 2025 to highest peak ever, sparking dangerous political inequality.

Read Oxfam's new report ahead of #Davos 🔗 www.oxfam.org/en/press-rel...

#RuleOfTheRich #FightInequality #TaxTheSuperRich
#WEF26

Financial giant #BlackRock has made BILLIONS from countries in debt crisis 💸

At #Davos this week, they’re joining fellow billionaires to discuss “bold, collective action” in today’s economy.

BlackRock we can tell you what bold action looks like. #CanceltheDebt now!

#CancelDebtChooseHope

Over and over the US inflicts obscene violence against the global South, in flagrant violation of international law, to maintain the conditions for capital accumulation for its decadent billionaire class. It's disgusting and intolerable. We cannot continue to accept this.

Lo que viene…

This is what happens without a rules-based debt restructuring mechanism.
As Sankara said: Lenders "gambled as if in a casino. As long as they had gains, there was no debate. But now that they suffer losses, they demand repayment. They played, they lost, that’s the rule of the game, and life goes on"

Despite its rhetoric, the #EU is undermining multilateral processes aiming to democratise & improve global economic governance. This hypocrisy was evident last week when it again opposed a UN intergovernmental process on #debt architecture. Read our OpEd: euobserver.com/eu-and-the-w...

A group of Indigenous Peoples stands in a line on a street outside a fenced conference venue marked with United Nations and COP30 Brasil Amazonia signage. Behind the fence, security personnel are visible, and crowds gather further down the road.

A diverse group of people stand together indoors in front of a large banner reading “BAM! Belém Action Mechanism for a Global Just Transition.” Several hold a red banner that says “People Power, Just Transition.” In front of them is a table covered with a cloth that reads “A seat at the table to put food on the table — Just Transition in Agriculture,” with fruits and props arranged on top. A colorful floor banner in the foreground reads “Just Transition Rising.” One speaker addresses the group with a microphone.

A diverse group of women stand together outdoors in front of a large purple banner reading “Feminists demand climate justice” and a smaller one "No to mining".

A large group of demonstrators marches down a city street holding banners and flags. The front banner reads “Que os ricos paguem pela crise ambiental” (“Let the rich pay for the environmental crisis”).

Will #COP30 be remembered as the COP of uncomfortable truths❓

"At the heart of the negotiations is the gap between ambition and the provision of public #ClimateFinance to the Global South."

Read a blog by our #ClimateJustice expert Bertha Argueta ➡️ www.eurodad.org/truth_tensio...

"While it attempts to appear to be inclusive, the problem with the G20 is that it is not a truly multilateral and democratic institution, but an informal exclusive forum for dialogue among competing powers." OpEd by Iolanda Fresnillo (Eurodad) and Theophilus Jong Yungong (AFRODAD).

The #G20 "paralysis is structural." With the South African Presidency ending last weekend, the G20 has once again failed to deliver solutions to the debt crisis.

It is time to look to the United Nations for a #debt architecture reform.

Read the oped: www.ipsnews.net/2025/11/the-... @ipsnews.net

We reiterate, reaffirm, remain commited, continue to support ... many ways for @g20org.bsky.social
to say 'nothing changes in the broken debt architecture'
The SA led G20 debt declaration illustrates how the G20 is NOT the space to advance solutions to #DebtCrisis www.resbank.co.za/content/dam/...

While this year's G20 has been put forward as an 'African G20', there is no evidence that any progress has been made on the debt crisis facing Africa and many other countries worldwide.

South Africa’s #G20 presidency has the potential to catalyse meaningful global #debt reform, but so far nothing tangible has been achieved.
1️⃣6️⃣5️⃣ organisations have called on @cyrilramaphosabsky.bsky.social to take action on the #debtcrisis.
Read the call here➡️ www.eurodad.org/letter_to_sa...

📢 Economic, #Climate & #GenderJustice
Caring for one = caring for all

European leaders have missed an opportunity to show their support for #EconomicJustice reform at #FfD4 next week.

Now more than ever, we need an #EraOfJustice!

Join us in Sevilla 🪭 www.eraofjustice.org/sign-the-pet...

a baby is reading a book with his eyes closed while sitting at a table . ALT: a baby is reading a book with his eyes closed while sitting at a table .

Many other interesting proposals that we’ll need to review more carefully, some fully aligned with
@eurodad
and global civil society ☺️ and others raising some doubts 🤔
Great have this to continue calling for a better and fairer debt architecture and #CancelTheDebt
(6/6)

UN framework convention on sovereign debt - Building a new debt architecture for economic justice European Network on Debt and Development

👎The report doesn’t reflect on the proposal by many global south countries and civil society on the need for a #DebtConvention and a multilateral debt resolution mechanism eurodad.org/un_framework...
👍But it calls for the creation of an international bankruptcy court
(5/6)

a woman in a purple suit is saying " i 'm in " ALT: a woman in a purple suit is saying " i 'm in "

#JubileeCommission states “If we don't reform the system itself, we'll continue to reproduce the very dynamics that led us here. The international financial architecture must be redesigned”
We’re all in for international financial architecture systemic transformation
(4/6)

⚠️HIPC was not unconditional, opening the door for many neoliberal reforms that then led to new debts
We need to learn from what worked (#CancelTheDebt) and what didn’t work
🤔It doesn't seem the report does that in detail
But good to see such a clear call for #DebtRelief (3/6)

Developing countries ‘need more debt relief’ to fund education and health Research warns poorer governments prioritising debt payments over essential development spending

🧐The report rightly points at the need for #DebtCancellation, calling HIPC II.
While I agree on the need for broad debt cancellation of all unsustainable (& illegitimate) debts, it needs to be unconditional 🤔 (2/6) www.theguardian.com/world/2025/j...

The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy - Initiative for Policy Dialogue On June 20, 2025 the Pontifical Academy of Social Sciences (PASS) and Columbia University’s Initiative for Policy Dialogue (IPD) published a report by a commission of global experts calling for urgent...

📜Today
@josephestiglitz.bsky.social
& #JubileeCommission presented their report on how to tackle the #debt and development crises
An important contribution to a heated and key debate
ipdcolumbia.org/publication/...
A short 🧵on first impressions (1/6)

"The refusal by the EU and UK to support a debt reform process at the UN is deeply concerning. the outcome of these talks will have far-reaching consequences for the global financial system and the lives of billions across the Global South." Iolanda Fresnillo, Eurodad

The #EU and #UK are stopping the global south from having a say by blocking UN-led #debt reform in #FfD4 outcome document. 👎

Our press release: www.eurodad.org/eu_and_uk_bl...

🎂 Fa #25AnysODG que reclamem justícia financera i climàtica, i la defensa dels béns comuns.

🌐 Som més necessàries que mai les persones i entitats que lluitem contra el poder corporatiu.

✊ Ajuda'ns a seguir lluitant a contracorrent. Fes-te sòcia: odg.cat/odg-25e-aniv...

Different rules of the game would have radically changed history.
Our counterfactual simulations show that without colonial transfers, Europe would have been a debtor — and South Asia or Latin America could have become global creditors.
[5/8]

Colonial extraction and unequal exchange have shaped two centuries of North-South inequality.
A thread on the new study written with @gatonievas.bsky.social
[A thread 1/8🧵]