The recent march across the Millennium Bridge, from Gateshead Civic Centre to Newcastle Grays Monument, highlights the social and economic reality under which most of the world's population lives.

Lord Mayor of Gateshead A young child carries the Oxfam Trade Justice banner A plackard stating "Still Waiting for the Jubilee" A male guest from Nigeria stands next to other speakers outside of Gateshead Civic Centre

World Bank figures for 1999 show that $128 million is transferred daily from the 62 most impoverished countries to wealthy countries. For every dollar received in grant aid, they repay $13 on old debts.

This is the North-South global divide - Europe, Japan and the US vs. Africa, Asia and Latin America.

Inequality created by the divide has displaced 50 million refugees world-wide and lies behind war and famine, ill health, high infant mortality and early adult death.

The global South provides cheap labour - either at home or as migrants. Migrants become second class citizens, servicing the needs of the global North's ageing population.

Inequality divides and rules!

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Inequality and Fascism

The global South subsidises the global North - governments in Europe, the US and Japan have a record of ruthlessness in maintaining economic self interest despite massive support for economic justice from ordinary people.

Indebtedness and unfair trade strips out developing country's assets. The average lifespan in Africa is 48 and falling. AIDS has struck down millions world-wide though the global North's drug companies have refused to lower the price of medication.

European's far-right thrives in a climate of economic selfishness and hostility. They thrive by entrenching negative attitudes to race and nationality. They promote local short term economic interests and divide and rule.

As a contribution to the struggle against world poverty and the struggle against fascism, here in outline are some of the most pressing economic issues accompanied by links to campaigns and resources. (Links to offsite resources will open in a separate browser window.)

Still Waiting for the Jubilee - people march across the Milenium Bridge from Gateshead to Newcastle - the new Baltic Arts Centre is in the background

Fair Trade

Fair Trade is an alternative approach to conventional international trade that aims for sustainable development in partnership with excluded and disadvantaged producers.
Lobby Parliament - Wednesday 19th June, 2002: Trade Justice


Servicing the Third World Debt - how the poor are financing the rich

The Global North - South Divide

The Jubilee 2000 "Stop the Debt" campaign brought to the worlds attention the cost of indebtedness to poor countries that belong to the global "South." Trillions of dollars are owed by these countries to the global North (Europe, the US and Japan).

US political and economic interests dominate world trade agreements, though Europe and Japan also share large responsibility for penurising the world's poor. Here are the facts about the US:

  • the US has built up a massive external debt of $2.2 trillion - almost equal to the combined debts of all developing countries ($2.5 trillion which includes India, China and Brazil)
  • the US pays only $20bn per annum to service this debt, while poor countries are crippled by more than $300bn in debt service payments
  • in effect, the developing world is financing the US's massive accumulated deficits by capital flight and by the forced holding of dollar reserves
  • poor countries are forced to borrow from the US at rates as high as 18% whilst lending to the US at rates as low as 3% (as insurance against speculation and financial instability)

"280 million Americans bingeing on Toyota Land Cruisers, Sony video players and Cartier watches - are doing so by raiding the piggy bank savings of 5 billion people in developing countries. Its time the rich financed the poor, instead of filching from them." Jubilee Research

G8 Summit

The world's eight largest industrialised countries meet on 26th June 2002. The leaders of Canada, Germany, Russia, Japan, Italy, USA, UK, France will be meeting to discuss and agree action on global issues. Their decisions can affect the lives and future prospects of millions of poor people around the world.

Show G8 the Red Card

"Play by the Rules" and ban the global trade in arms is the message from Amnesty International to the G8 summit. The trade in arms is a human rights abuse and by contributing to this, the G8 countries are undermining the prospects for social and economic development across the world. Amnesty International Campaign: Show G8 the Red Card

G8 - make Africa a priority!

Sub-Saharan Africa is rich in human and natural resources, yet nearly half of its people live in poverty.

  • 300 million Africans live on less than US$1 a day
  • Life expectancy is 48 years and falling
  • More than 28 million men, women and children are believed to have been infected with HIV/AIDS
  • 20 per cent of the region's population are affected by civil or interstate conflict.

Yet spending on health is reckoned to be a fraction of the amount spent on the arms trade. Millions of people have been forced to flee their homes to escape the fighting and armed forces inflict gross human rights abuses on the civilian population. Amnesty International: Making Africa a Priority

World AIDS

40 million adults and 2.7 million children were living with HIV at the end of 2001. This is more than 50% higher than the figures projected in 1991 on the basis of the data then available. From: AVERT - Global statistical Information and tables 2000

Africa and AIDS

"Of the 3 million AIDS deaths world-wide in 2000, almost 2.5 million were in Africa. Life-prolonging drugs have cut AIDS deaths in rich countries, but neither these treatments nor other resources to combat HIV/ AIDS are available to the vast majority of people in Africa. The spread of the pandemic and the world's failure to respond reveal a system of global apartheid in which the right to health is largely determined by race, gender, class and geography." - from: Africa Action - Special Report 2001 - see also: AVERT HIV and AIDS in Africa