All Articles on Debt

Sudan is one of the world’s poorest countries and its people just last year ousted the first Islamist dictatorship to ever be defeated by nonviolent people power.  (Photo by Jean Marc MOJON / AFP) (Photo by JEAN MARC MOJON/AFP via Getty Images) Views
Removing Sudan From the Terror List Is Welcome; Yes to Assistance No to Extortion
We should be celebrating the bold nonviolent revolution in Sudan, investing in their economic development, empowering them to become the shining light and a model for other countries in the region to follow.
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We need more transparency, to make rich Africans who hide their wealth in tax havens, but especially multinationals, pay. (Photo: Oxfam International) Views
Faced With COVID-19, Africa Shouldn’t Worry About Debt, But How to Make Tax Evaders Pay
That is why we are advocating for the introduction of a minimum global effective corporate tax rate of 25 percent.
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Tax policy can and should address anti-democratic extremes of wealth distribution, but governments must not wait for success in that endeavor to address the climate crisis Views
In Praise of Public Debt
It is the height of moral and fiscal irresponsibility not to borrow massively to meet life- saving needs.
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Extend unemployment benefits to help people survive the worst economic crisis since the Great Depression. (Photo: Screenshot) Views
The Clock Is Ticking: 5 Key Demands for the New Coronavirus Bill
This bill is perhaps our only chance to get COVID-19 under control, Americans fed, and the economy back up and running.
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It is important to note that right now, and for the foreseeable future, we are in a demand-constrained economy, not a supply-constrained economy. (Photo: Getty Images) Views
Recovering Fully From the Coronavirus Shock Will Require Large Increases in Federal Debt—and There's Nothing Wrong With That
In a demand-constrained economy like the U.S. economy during the coronavirus pandemic, debt provides no countervailing drag on growth.
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A view of members taking part on-screen during an unusual G20 Leaders' Summit to discuss the international COVID-19 crisis on March 26, 2020 in Canberra, Australia (Gary Ramage —Pool/Getty Images) Views
Don't Delay Developing World Debt—Cancel It
Forcing indebted countries to repay debt while the global economy operates like a giant casino is unjust.
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News
'Beyond Predatory': Trump Treasury Department Gives Banks Green Light to Seize $1,200 Stimulus Checks to Pay Off Debts
"The Treasury Department is pointing out opportunities for banks and debt collectors to steal Americans' relief checks out from under them."
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News
IMF Warns Global Economy Could See Worst Year Since Great Depression Due to 'Magnitude and Speed' of Coronavirus Crisis
"This is the most frightening news the Fund has ever released on the status of our global economy."
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Rep. Ilhan Omar (D-Minn.) News
Ilhan Omar Joins Global Call for Debt Relief as Coronavirus Threatens to Push Developing Nations 'Over the Edge'
"We need to cancel all debt developing countries owe the World Bank and IMF," said the Minnesota Democrat.
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News
Offering Model to Nation Battling Outbreak, New York AG Suspends All Medical and Student Debt Collection
"In this time of crisis, my office will not add undue stress or saddle New Yorkers with unnecessary financial burden."
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