Debt relief

World Bank chief calls for dramatic hike in funding to help developing world
Outgoing boss David Malpass says more money needed to combat overlapping crises of war, pandemics and climate emergency
Larry Elliott Economics editor
30, Mar, 2023 @2:00 PM

The Accursed Share review – old bomb casings make perfect plant pots
The violent nature of colonial-era debt is brought to life through evocative tapestries, mortar shell house decorations – and a Lubaina Himid rollcall
Lisette May Monroe
22, Mar, 2023 @5:56 PM

The Guardian view on Germany’s economic miracle: it was built on debt relief | Editorial
Editorial: Cancelling loans put the Wunder into Wirtschaftswunder. Treat poor nations the same today
Editorial
26, Feb, 2023 @6:30 PM

It’s high time to rethink how the World Bank operates
Many believe there is little future in trying to tackle problems of the 2020s with institutions created in the 1940s
Larry Elliott
19, Feb, 2023 @12:10 PM

China’s future to AI and jobs: five big questions from Davos
From the threat of AI weaponising spam to a trade war sparked by green subsidies, the taxing topics at this year’s World Economic Forum
John Collingridge and Larry Elliott in Davos
20, Jan, 2023 @3:13 PM

Hedge funds holding up vital debt relief for crisis-hit Sri Lanka, warn economists
Statement from 182 experts say only debt cancellation offers chance of recovery but investors are playing hardball
Larry Elliott Economics editor
08, Jan, 2023 @12:00 PM

‘Who should pay?’: student debt relief in limbo as supreme court decides fate of millions
Over 26m student loan borrowers are waiting for the country’s highest court to decide if they can receive debt relief
Lauren Aratani in New York
28, Dec, 2022 @11:00 AM

Could Barbados blueprint be a Marshall Plan for the climate crisis?
Mia Mottley, PM of Barbados, who, at Cop27 called again for climate justice, is devising a debt relief and loan blueprint, targeting the IMF
Ashish Ghadiali
09, Nov, 2022 @8:00 AM

Is the IMF fit for purpose?
The long read: As the world faces the worst debt crisis in decades, the need for a global lender of last resort is clearer than ever. But many nations view the IMF as overbearing, or even neocolonial – and are now looking elsewhere for help
Jamie Martin
01, Nov, 2022 @6:00 AM

‘Time may be running out’: global debt crisis reaches critical point
Eclipsed by rich countries’ own problems, a crunch a decade in the making is coming to a head
Larry Elliott
13, Oct, 2022 @7:00 AM

High interest rates paid by poorer nations spark fears of global debt crisis
Campaigners say low-income countries urgently need debt relief on foreign borrowings as their interest rates soar
Larry Elliott Economics editor
02, Oct, 2022 @4:09 PM

Lenders urged to cancel Zambia debt as country faces economic collapse
Economists accuse bondholders of standing to make huge profits at the expense of the crisis-hit country
Phillip Inman
16, Sep, 2022 @5:00 AM
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