CADTM - en

18 June 2015: the Truth Committee on Greek Debt presented a preliminary report while negotiations between the newly elected Greek government and European Institutions made the headlines across the media. The Committee's findings were that the whole of the Greek public debt was unsustainable and that the part owed to the Troika (i.e. 85% at the time) was also illegal, odious and illegitimate.
Three years after the publication of this detailed report on the origins of the Greek debt, the (...)

The report of the Auditor General (AG) for 2016–2017 is another catalogue of systemic theft, embezzlement and wastage of public goods. In this, it is similar to audit reports going back at least two decades. It appears that incompetence as much as theft are responsible for the seeming inadequacy of national resources to meet development needs. In 2017 government failed to provide UGX 43 billion [US$ 11.5 million] as its agreed contribution to donor funded projects.
Yet the President's State (...)

Because capitalists have demonstrated just how far they are willing to go, taking risks (risks whose consequences they refuse to be held accountable for) and committing crimes for the sole purpose of increasing their profits, because their activities regularly result in heavy costs borne by society as a whole, because the society we want to build must be guided by the pursuit of the common good, social justice and the reconstitution of balanced relations between human beings and the other (...)

In the middle of his term, Argentinian president Mauricio Macri cannot hide the monumental abyss between his promises and reality. The promise was of an influx of dollars to lower inflation, with high growth, job creation, an entrepreneurial boom and eradication of social assistance. A drastic reduction of the fiscal deficit and a flow of money for public works through the ending of corruption was also predicted. It was also proclaimed that the “return to the world” would be rewarded with (...)

In Morocco, the experience of the 20 February Movement indicated that the left faces real dilemmas. Some of its currents refused to get involved in the Movement due to the presence of obscurantist forces, while other currents drew closer to the obscurantists themselves under the pretext of their opposition to despotism. This confusion reflects the difficulty of engaging in common leftist action in the framework of social fronts of resistance to neoliberal attacks.
This paper goes through (...)

Since the end of the 2000s, the banking sector in Slovenia went through substantive changes concerning ownership structure. Two trends are especially striking. Market shares of mainly foreign-owned banks increased significantly: in 2007, about a third of the Slovenian market was held by foreign-owned banks whereas by 2016 the latter held already 46% of total assets. The 2016 Raiffeisen Research report (2017, 40) arguably points that in Slovenia, “the era of the dominance of state-controlled (...)

Economic heterodoxy and the programmes of deliquescent social democratic parties lack a structured project for the constitution of an alternative banking system. To remedy this, this contribution attempts to move towards a shared, coherent and operational proposal for an organizational plan for the banking sector and the concrete conditions for its implementation by a popular government that would come to power in Europe.
Measures to be immediately implemented
To have room for (...)

This is the website of the CADTM international network (Committee for the Abolition of Illegitimate Debt), a non-profit organisation registered under Belgian law with head office at Rue Fabry, 35, Liege - 4000 Belgium
Personal Information
Personal information collected on inscriptions, subscriptions, book order forms, etc. is used exclusively for internal organisational needs (rallies and summer schools etc. organised by CADTM) and for no longer than necessary. This data is not shared, (...)

This is the website of the CADTM international network (Committee for the Abolition of Illegitimate Debt), a non-profit organisation registered under Belgian law with head office at Rue Fabry, 35, Liege - 4000 Belgium
Personal Information
Personal information collected on inscriptions, subscriptions, book order forms, etc. is used exclusively for internal organisational needs (rallies and summer schools etc. organised by CADTM) and for no longer than necessary. This data is not shared, (...)

The fishermen of Kabarole District appear to have blown the whistle on an audacious act of bio-piracy. They brought to the attention of the authorities that they were being barred from access to the 53 crater lakes that they have fished in from time immemorial. In law this is known as a customary right. It cannot be extinguished simply by putting up barbed wire or waving guns about. But that is just what the District Fisheries Officer of Kabarole tried to do when he leased all 20 lakes to (...)

In a landmark ruling on 31 May, the Belgian Constitutional Court upheld the country's anti-vulture funds law, rejecting a legal challenge by a particularly notorious fund. NML Capital, an opaque vulture fund listed in the offshore financial centre of the Cayman Islands, had tried to shelve the Belgian law and intervene in democratic decision-making in Belgium. The ruling means the law remains in force, and agreements by the European Parliament and the United Nations imply that it is on the (...)

At a Johannesburg BRICS think tank, scholars get drunk on their own rhetoric
South African academics and think tanks met on 28-31 May 2018 for deliberations leading to the July 2018 BRICS heads of state summit to be hosted by South Africa. Most of these scholars believe that the BRICS countries offer an alternative to Western imperialism, but the author argues that they are seriously wrong.
At a Johannesburg BRICS think tank, scholars get drunk on their own rhetoric
A “think tank” is (...)

Press release
Total victory for CADTM, Committee for the abolition of Illegitimate Debt, the CNCD – 11.11.11 and its Flemish counterpart represented by Oliver Stein from the chambers of the Progress Lawyers Network. Today 31 May 2018 the Belgian Supreme Court rejected the request brought by NML Capital Ltd seeking to overturn the act of law passed by the Belgian government on 12 July 2015 “relating to the struggle against Vulture Funds' activities” thus confirming this law which is unique (...)

Press release
Total victory for CADTM, Committee for the abolition of Illegitimate Debt, the CNCD – 11.11.11 and its Flemish counterpart represented by Oliver Stein from the chambers of the Progress Lawyers Network. Today 31 May 2018 the Belgian Supreme Court rejected the request brought by NML Capital Ltd seeking to overturn the act of law passed by the Belgian government on 12 July 2015 “relating to the struggle against Vulture Funds' activities” thus confirming this law which is unique (...)

Lee Wengraf writes that the rush for profits, economic volatility and militarization across Africa promises only instability, rising exploitation and violence.
Since the start of the new millennium, sub-Saharan African economies have undergone a dramatic boom. This surge has been marked by rapidly increasing trade and investment on continent – sometimes described as the “new scramble for Africa,”, which has seen competition between the US, European nations and China. China, however, leads on (...)

NGOs and solidarity organisations supporting the struggles of affected local communities assess the problems caused, and promises unkept, by the SOCFIN group, as shareholders meet for the rubber and oil palm giant's AGM on 30 May.
Five years ago, on 5 June 2013, a first international mobilisation of local communities affected by the SOCFIN group (of which Vincent Bolloré and Hubert Fabri are the principal shareholders, at 38 % and 50 % respectively) was held. From Cameroon to Cambodia to (...)

The Committee for the Abolition of Illegitimate Debt
will held its 2018 Summer Days
at La Marlagne, Namur,
on September 7, 8 & 9.
The CADTM's Summer Days will start on the evening of Friday 7 September in La Marlagne and will carry on in festive and militant mood on Saturday 8 and Sunday 9 September 2018. You can register now by clicking here.
Don't miss the 2018 Summer Days which will be a chance to learn about and discuss developments in the international situation regarding debt and (...)

On the occasion of the publication of the report Transnational Corporations and Land speculation in Brazil by Rede Social de Justiça e Direitos Humanos (Network for Social Justice and Human Rights), Mary Taylor of LeftEast spoke with Fábio Pitta, Devlin Kuyek and Attila Szőcs about the broader implications of their findings.
Mary: First, can you to speak a bit about the report. What are the the conditions of financialization of agricultural land and its consequences in Brazil?
Fábio: (...)

The piece relates that, at times, Africans are not invited to debates, conferences and other key platforms on Africa-China relations even though the topic is about Africa's and Africans' relations with China and Chinese.
Recent discussions and exchanges among members of a research network on Africa-China relations about the diversity of participants at a conference that very network is organising brought me back to this idea I had a few years ago to write about Africa-China relations being (...)

The piece relates that, at times, Africans are not invited to debates, conferences and other key platforms on Africa-China relations even though the topic is about Africa's and Africans' relations with China and Chinese.
Recent discussions and exchanges among members of a research network on Africa-China relations about the diversity of participants at a conference that very network is organising brought me back to this idea I had a few years ago to write about Africa-China relations being (...)