This week, international press and the British Parliament are putting vulture funds in the spotlight. No more hiding in the shadows for these shady businesses. Tomorrow the British Parliament will vote on the UK's version of legislation that will curb the harmful practices of vulture funds. Read more about the vote tomorrow from our partners at Jubilee Debt Campaign on OneWorld.
Read this article in The Guardian today and make sure you check out the BBC broadcast tonight (see below):
The Guardian: Liberian leader urges MPs to back action against vulture funds
Liberia's president calls on MPs to support bill that would bar vulture funds from pursuing debts of poorer nations in UK courts
By Heather Stewart and Greg Palast
Ellen Johnson Sirleaf, the president of Liberia, is urging MPs to back a bill banning vulture funds from using British courts to prey on poor countries when it comes to a vote on Friday .Liberia lost a $20m (£13m) case in London last year against two so-called vultures. Such funds buy up the loans of poor governments, wait for them to win debt relief from the international community, and then use courts to pursue the countries for assets.
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