G7 debt relief fraud - Licence to plunder!
The majority of the world's poor live in India, Indonesia, Brazil, Bangladesh, Pakistan and Mexico. None of these countries is affected by the debt reduction measures annouced in Cologne. The "cancellation of debt" agreed by leaders of the seven wealthiest countires will consolidate and even deepen the exploitation of the majority of the world's population. The deal - endorsed by the British Labour Government, - has been widely condemned by campaigners. It is a recipe for increased misery and intensified repression across the world. Only international solidarity and the mobilisation fo the working class can stop the capitialist machine grinding more profits from the world's poorest people. Click here for more details.