Activists from organizations such as the People’s Forum, Friends of the Congo, ANSWER Coalition, Friends of Swazi Freedom, Black Men Build and many others, protested outside the global headquarters of investment firm BlackRock in New York City to demand it cancel Zambia’s debt. 70% of Zambia’s debt is held by Western institutions, and 220 million is held by investment giant BlackRock. In 2021, Zambia was diverting half of its entire public income to paying its external debts. Activists argue that BlackRock, which is worth USD 10 trillion, could easily cancel the debt and allow Zambia to develop.
Categories Ecuador
“For the Lasso government, the economic interests of private mining …
Ecuadorian Lawyer Patricia Carrión spoke to Peoples Dispatch about the suspension of a controversial mining decree that activists allege promoted the interests of mining companies
