Press releases
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Press Release
Greece: the CADTM condemns an austerity plan that entails major social regression
6 March 2010 - by CADTM
The Greek government has announced the implementation of an austerity plan which has the blessing of both the EU and the IMF. But in the view of CADTM, the measures it contains are wholly unacceptable. What the Greek government presents as a solution to the crisis is no more than the hijacking of the Greek people, who are being made to (...) -
Press Release
CADTM demands that Pakistan must immediately suspend the reimbursement of the debt to face the crisis
7 July 2009 - by CADTM
Almost a year ago in August 2008, Pakistan was at the brink of a default. Its foreign exchange reserves were hitting the rock bottom of $4 billion, depleting rapidly in the range of $250 to $330 million weekly, which were hardly sufficient to sustain a month’s imports. Pakistan’s sovereign debt and liabilities had crossed the $45 billion mark, (...) -
Press release
Movements And Social Organizations From Latin American And The World Release Open Letter On The Creation Of The South Bank
8 December 2007
Coinciding with the signing on December 9, in Buenos Aires, of the South Bank’s Founding Act, hundreds of social movements, networks, organizations and personalities from throughout Latin America and the world are presenting to the Presidents of Argentina, Bolivia, Brazil, Ecuador, Paraguay, Uruguay, and Venezuela, an Open Letter expressing (...) -
Press release
Pakistan: CADTM condemns the state of emergency declared by Pervez Musharraf, for too long supported by the major powers and the World Bank
6 November 2007
On Saturday 3 November 2007, Pakistan’s president Pervez Musharraf declared a state of emergency and ordered widespread repressive measures against the numerous opponents of his regime. Several activists for democracy in CADTM’s Pakistan branch were taken into custody in Lahore the same day. These decisions follow a highly contested presidential (...) -
Press release
As Dominique Strauss-Kahn takes up his post in Washington, CADTM demands full acknowledgement of the consequences of IMF operations since its creation
31 October 2007
Today, November 1 2007, Dominique Strauss-Kahn takes up his post as managing director of the the IMF after a long, skilfully orchestrated process: nomination by Nicolas Sarkozy in order to further weaken political opposition in France; swift approval of his nomination by the 27 countries of the EU so as to silence criticism of the tacit rule (...) -
Press release
Ecuador: CADTM hails the victory of Rafael Correa’s party in the election for the constituent assembly
8 October 2007
Within less than a year Rafael Correa has won four election battles (the two rounds of the presidential elections at the end of 2006, a referendum on the election of a constituant assembly in April 2007, and elections of the constituent assembly members on 30 September 2007). While all right-wing parties have been campaigning to block (...) -
Press release
The CADTM demands radically different choices for the IMF and disavows the appointment of any managing director who would proceed with current policies
12 July 2007
With each new resignation at the helm of the IMF or of the WB (and these are increasingly frequent: Köhler in 2004, Wolfowitz in 2007, De Rato in 2007), the issue of the famous tacit agreement that the WB’s Chair should go to the US and the IMF’s Director should belong to the EU is raised again. There is no written text to support this (...) -
Press release
CADTM finds the G8 announcements pathetic and denounces the fierce repression peaceful demonstrators fell victims to
9 June 2007
CADTM finds the G8 announcements pathetic and denounces the fierce repression peaceful demonstrators fell victims to Year after year the G8 has been content with empty announcements those countries have no intention to put into practice while displaying fierce repression against peaceful demonstrators. Nine members of CADTM France and of (...) -
2 Years After Gleneagles Promises on Debt, Vulture Funds Undermining G8 Debt Deal
6 June 2007
Jubilee Zambia * Jubilee USA Network * Jubilee South * Erlassjahr.de * Jubilee Australia * Eurodad * Afrodad * Oil Change International * PAPDA * CADTM Campaigners Demand Immediate G8 Action to Declare Vulture Fund Profiteering Illegal Rostock, Germany - On the opening day of the G-8 summit, leading international debt cancellation advocacy (...) -
Scoring a try
CADTM takes satisfaction from the Belgian Senate’s adoption of a resolution cancelling the debt of developing countries and urges the government to implement it
3 April 2007
The resolution cancelling the debt of the Least Developed Countries (LCD) adopted by the Belgian Senate on 29 March 2007 with a majority of 34 votes to 29 represents a major advance in several respects. The resolution calls for the Belgian government to conclude an agreement with all concerned indebted countries in order to completely cancel (...) -
Press release
CADTM denounces the exponential enrichment of the few while the fundamental rights of billions go unheeded
13 March 2007
Forbes magazine has just published its annual list of the world’s richest individuals, and CADTM cannot remain silent in the face of the out-and-out scandal that lies behind these figures. According to Forbes, there are currently 946 billionaires (in dollars) in the world, as against 793 last year, thus demonstrating once again that the very (...) -
Press release
CADTM refuses Jacques Chirac the right to proclaim himself the defender of the African people when he is actually one of its gravediggers
16 February 2007
The French president, speaking at the Africa-France summit currently being held in Cannes, once again showed a particularly inappropriate lyricism. A choice declaration was: “I love Africa, its territories, its people, its cultures”, followed by: “I have confidence in Africa’s future because I am convinced that a new Africa is rising”. Beyond (...) -
Press release
CADTM supports the general strike of the Guinean people and denounces the repression orchestrated by the illegitimate power of Lansana Conte
14 February 2007
CADTM supports the general strike of the Guinean people and denounces the repression orchestrated by the illegitimate power of Lansana Conte. On Monday 12 February 2007, the general strike calling for the departure of Guinean president Lansana Conte was resumed and met with ferocious repression. Eleven people were killed, bringing the total (...) -
Press release
Lebanon: the Committee for the Abolition of Third World Debt (CADTM) opposes the false solutions proposed by the Paris Conference
5 February 2007
On Thursday January 25 a third meeting of the world’s richest countries took place with great pomp in Paris in order to find funds for Lebanon. By giving hundreds of billion dollars, France and the United States claim to help this country that is crippled by its debt and was a victim of Israel’s military aggression in the summer of 2006. Back (...) -
CADTM Press Release
The Future of the WSF after Nairobi
29 January 2007
The 7th WSF ended on 25 January in the Kenyan capital. It was followed by a two-day meeting of the International Council (IC), a decision-making body consisting of about one hundred organizations from all continents. After a first contradictory assessment of the forum, the IC confirmed its decision to launch a global Day of Action towards the (...) -
Press release from the CADTM international network
7th World Social Forum: the African challenge
19 January 2007
With the 7th edition of the World Social Forum about to take place from 20 to 25 January in Kenya, all eyes are on Africa. Following the success of the polycentric WSF of Bamako in bringing about a convergence of regional social movements, it is now the turn of all Africa to take up the challenge of mobilizing anticapitalist forces. The stakes (...) -
Press release
The CADTM acclaims the people of Ecuador for electing Rafael Correa as president
28 November 2006
The CADTM congratulates the people of Ecuador for their choice of the left-wing candidate, Rafael Correa, as president, rather than his opponent, the billionaire banana tycoon, Alvaro Noboa, shown on television handing out dollars to voters during the campaign. Rafael Correa, a former Minister of Finance, has already fought the intolerable (...) -
Press Release
CADTM applauds Norway’s initiative concerning the cancellation of odious debt and calls on all creditor countries to go even further
10 October 2006
Norway recently acknowledged its responsibility in the illegitimate indebtedness of five countries - Ecuador, Egypt, Jamaica, Peru, Sierra Leone - and decided to unilaterally cancel part of its claims on these countries (amounting to euro 62 million). From 1976 to 1980, Norway exported 156 ships to countries in the South for a total cost of (...) -
Press release
CADTM urges all developing countries to turn down the G8 injunctions
16 July 2006
The two measures that emerged from the 2005 G8 summit no longer delude anyone as they turned out to be no more than empty promises: a debt cancellation for poor countries and more aid for Africa. Actually those countries’ predicament is getting worse by the day. What emerged from the 2006 G8 summit (remembering that the G8 is a G7 that (...) -
Press release
Prevent A Man-Made Disaster: Cancel Indonesia’s Debt
23 June 2006
Jubilee USA press release: Indonesia Requires Debt Cancellation to Rebuild after Earthquake.
CADTM
COMMITTEE FOR THE ABOLITION OF ILLEGITIMATE DEBT
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