CAMPAIGNERS and trade unions urged the government to cancel debt repayments for the world’s poorest countries today as they struggle to cope with the coronavirus crisis.
The call came at the start of the International Monetary Fund (IMF) and World Bank virtual meeting today, in which world leaders are considering assistance for impoverished nations in their response to the pandemic.
Campaigners called for sweeping debt cancellation to help developing countries, demanding a write-down of over $40 billion (£31.7bn) from wealthy governments, international institutions and banks.
Hurricanes might have natural causes but the tragedy that follows is entirely human-made and a consequence of capitalist greed, asserts ROGER McKENZIE
The US president’s universal tariffs mirror the disastrous Smoot-Hawley Act that triggered retaliatory measures, collapsed international trade, fuelled political extremism — and led to world war, warns Dr DYLAN MURPHY



