It’s time to put an end to the practices of “vulture funds” that prey on impoverished countries that have recently received debt relief!
The problem
A ‘vulture fund’ is a company that buys up the debt of poor countries at a big discount from the original owner with the purpose of suing the indebted country in court once it has some money (often after debt cancellation).
The campaign
Action is needed now to put an end to vulture fund profiteering. That’s why Africa Action, Jubilee USA Network, and TransAfrica Forum are joining forces in a joint campaign to “Stop the Vulture Culture.” The campaign includes public education, grassroots action, and targeted advocacy with policymakers and banks.
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