Iolanda Fresnillo
@ifresnillo.bsky.social
En rebelió contra el deute, feminista, anticapitalista i no, no sóc economista... sediciosa, tumultuosa i una mica bruixa
Opinions personals
Opinions personals
Reposted by Iolanda Fresnillo
This new UN report is truly shocking: globally, THIRTY TIMES as much finance flows to nature-destroying activities as to nature-supporting activities.
Finance directly harmful to nature reached $7.3 trillion, while investments
in nature-based solutions were only $0.22 trillion in 2023.
Finance directly harmful to nature reached $7.3 trillion, while investments
in nature-based solutions were only $0.22 trillion in 2023.
February 2, 2026 at 8:01 AM
This new UN report is truly shocking: globally, THIRTY TIMES as much finance flows to nature-destroying activities as to nature-supporting activities.
Finance directly harmful to nature reached $7.3 trillion, while investments
in nature-based solutions were only $0.22 trillion in 2023.
Finance directly harmful to nature reached $7.3 trillion, while investments
in nature-based solutions were only $0.22 trillion in 2023.
Reposted by Iolanda Fresnillo
"In a letter to state and local officials, the human rights organization DAWN warned on Friday that any investment in Israeli sovereign debt by New York City would violate local and international law ... Israeli bonds have emerged as a crucial source of funding for the Israeli government."
Zohran Mamdani Wants NYC to Divest From Israel — But New Comptroller Pledges to Buy War Bonds
New York City Mayor Zohran Mamdani opposes the investments, but City Comptroller Mark Levine has pledged to invest in Israeli sovereign debt.
theintercept.com
February 2, 2026 at 8:34 PM
"In a letter to state and local officials, the human rights organization DAWN warned on Friday that any investment in Israeli sovereign debt by New York City would violate local and international law ... Israeli bonds have emerged as a crucial source of funding for the Israeli government."
Reposted by Iolanda Fresnillo
“Official creditors were right to reject the deal with bondholders, which would have forced the people of Ethiopia to pay far too much, putting essential public services at risk,” said Heidi Chow, executive director of Debt Justice
www.ft.com/content/d7cb...
www.ft.com/content/d7cb...
Bondholders prepare to sue Ethiopia over $1bn debt default
Private-sector lenders say official creditors led by China and France have ‘unreasonably’ blocked a deal
www.ft.com
February 3, 2026 at 8:47 AM
“Official creditors were right to reject the deal with bondholders, which would have forced the people of Ethiopia to pay far too much, putting essential public services at risk,” said Heidi Chow, executive director of Debt Justice
www.ft.com/content/d7cb...
www.ft.com/content/d7cb...
This is precisely why we need debt legislation in key jurisdictions like the UK and New York, and why we need a broader process to reform the debt architecture, including debt resolution rules and restructuring mechanism ... this is through a UN framework convention on sovereign debt!
Vulture funds are suing Ethiopia in London. They are demanding far more in debt payments than other creditors such as France and China. We need a Debt Justice Law now.
debtjustice.org.uk/news/reactio...
debtjustice.org.uk/news/reactio...
Reaction from Debt Justice to bondholders suing Ethiopia - Debt Justice
Official creditors were right to reject deal, the UK now needs to pass legislation to protect Ethiopia from legal action
debtjustice.org.uk
February 3, 2026 at 11:45 AM
This is precisely why we need debt legislation in key jurisdictions like the UK and New York, and why we need a broader process to reform the debt architecture, including debt resolution rules and restructuring mechanism ... this is through a UN framework convention on sovereign debt!
Reposted by Iolanda Fresnillo
‼️ Billionaire wealth jumps three times faster in 2025 to highest peak ever, sparking dangerous political inequality.
Read Oxfam's new report ahead of #Davos 🔗 www.oxfam.org/en/press-rel...
#RuleOfTheRich #FightInequality #TaxTheSuperRich
#WEF26
Read Oxfam's new report ahead of #Davos 🔗 www.oxfam.org/en/press-rel...
#RuleOfTheRich #FightInequality #TaxTheSuperRich
#WEF26
January 19, 2026 at 11:17 AM
‼️ Billionaire wealth jumps three times faster in 2025 to highest peak ever, sparking dangerous political inequality.
Read Oxfam's new report ahead of #Davos 🔗 www.oxfam.org/en/press-rel...
#RuleOfTheRich #FightInequality #TaxTheSuperRich
#WEF26
Read Oxfam's new report ahead of #Davos 🔗 www.oxfam.org/en/press-rel...
#RuleOfTheRich #FightInequality #TaxTheSuperRich
#WEF26
Reposted by Iolanda Fresnillo
Financial giant #BlackRock has made BILLIONS from countries in debt crisis 💸
At #Davos this week, they’re joining fellow billionaires to discuss “bold, collective action” in today’s economy.
BlackRock we can tell you what bold action looks like. #CanceltheDebt now!
#CancelDebtChooseHope
At #Davos this week, they’re joining fellow billionaires to discuss “bold, collective action” in today’s economy.
BlackRock we can tell you what bold action looks like. #CanceltheDebt now!
#CancelDebtChooseHope
January 19, 2026 at 9:49 AM
Financial giant #BlackRock has made BILLIONS from countries in debt crisis 💸
At #Davos this week, they’re joining fellow billionaires to discuss “bold, collective action” in today’s economy.
BlackRock we can tell you what bold action looks like. #CanceltheDebt now!
#CancelDebtChooseHope
At #Davos this week, they’re joining fellow billionaires to discuss “bold, collective action” in today’s economy.
BlackRock we can tell you what bold action looks like. #CanceltheDebt now!
#CancelDebtChooseHope
Reposted by Iolanda Fresnillo
Over and over the US inflicts obscene violence against the global South, in flagrant violation of international law, to maintain the conditions for capital accumulation for its decadent billionaire class. It's disgusting and intolerable. We cannot continue to accept this.
January 3, 2026 at 3:04 PM
Over and over the US inflicts obscene violence against the global South, in flagrant violation of international law, to maintain the conditions for capital accumulation for its decadent billionaire class. It's disgusting and intolerable. We cannot continue to accept this.
Reposted by Iolanda Fresnillo
Lo que viene…
«Vamos a privatizar toda nuestra industria.
Venezuela tiene inmensos recursos; petróleo, gas, minerales, tierra, tecnología...
Venezuela, va a ser la oportunidad más brillante para la inversión para las empresas estadounidenses, para la buena gente, que van a ganar mucho dinero».
Corina Machado.
Venezuela tiene inmensos recursos; petróleo, gas, minerales, tierra, tecnología...
Venezuela, va a ser la oportunidad más brillante para la inversión para las empresas estadounidenses, para la buena gente, que van a ganar mucho dinero».
Corina Machado.
January 3, 2026 at 3:19 PM
Lo que viene…
This is what happens without a rules-based debt restructuring mechanism.
As Sankara said: Lenders "gambled as if in a casino. As long as they had gains, there was no debate. But now that they suffer losses, they demand repayment. They played, they lost, that’s the rule of the game, and life goes on"
As Sankara said: Lenders "gambled as if in a casino. As long as they had gains, there was no debate. But now that they suffer losses, they demand repayment. They played, they lost, that’s the rule of the game, and life goes on"
Ethiopia's bondholders are trying to get paid 50% more than government creditors. This would mean they'd make 100% profit after 'debt relief'.
New research by us and Afrodad:
debtjustice.org.uk/press-releas...
New research by us and Afrodad:
debtjustice.org.uk/press-releas...
Bondholders seeking massive profits from Ethiopian ‘debt relief’ - Debt Justice
Bondholders are pushing to get paid over 50% more than Ethiopia’s government creditors. These proposals could lead to bondholders making 100% profit.
debtjustice.org.uk
December 17, 2025 at 1:19 PM
This is what happens without a rules-based debt restructuring mechanism.
As Sankara said: Lenders "gambled as if in a casino. As long as they had gains, there was no debate. But now that they suffer losses, they demand repayment. They played, they lost, that’s the rule of the game, and life goes on"
As Sankara said: Lenders "gambled as if in a casino. As long as they had gains, there was no debate. But now that they suffer losses, they demand repayment. They played, they lost, that’s the rule of the game, and life goes on"
Reposted by Iolanda Fresnillo
Despite its rhetoric, the #EU is undermining multilateral processes aiming to democratise & improve global economic governance. This hypocrisy was evident last week when it again opposed a UN intergovernmental process on #debt architecture. Read our OpEd: euobserver.com/eu-and-the-w...
December 5, 2025 at 2:11 PM
Despite its rhetoric, the #EU is undermining multilateral processes aiming to democratise & improve global economic governance. This hypocrisy was evident last week when it again opposed a UN intergovernmental process on #debt architecture. Read our OpEd: euobserver.com/eu-and-the-w...
Reposted by Iolanda Fresnillo
Will #COP30 be remembered as the COP of uncomfortable truths❓
"At the heart of the negotiations is the gap between ambition and the provision of public #ClimateFinance to the Global South."
Read a blog by our #ClimateJustice expert Bertha Argueta ➡️ www.eurodad.org/truth_tensio...
"At the heart of the negotiations is the gap between ambition and the provision of public #ClimateFinance to the Global South."
Read a blog by our #ClimateJustice expert Bertha Argueta ➡️ www.eurodad.org/truth_tensio...
November 17, 2025 at 3:41 PM
Will #COP30 be remembered as the COP of uncomfortable truths❓
"At the heart of the negotiations is the gap between ambition and the provision of public #ClimateFinance to the Global South."
Read a blog by our #ClimateJustice expert Bertha Argueta ➡️ www.eurodad.org/truth_tensio...
"At the heart of the negotiations is the gap between ambition and the provision of public #ClimateFinance to the Global South."
Read a blog by our #ClimateJustice expert Bertha Argueta ➡️ www.eurodad.org/truth_tensio...
Reposted by Iolanda Fresnillo
The #G20 "paralysis is structural." With the South African Presidency ending last weekend, the G20 has once again failed to deliver solutions to the debt crisis.
It is time to look to the United Nations for a #debt architecture reform.
Read the oped: www.ipsnews.net/2025/11/the-... @ipsnews.net
It is time to look to the United Nations for a #debt architecture reform.
Read the oped: www.ipsnews.net/2025/11/the-... @ipsnews.net
November 24, 2025 at 10:37 AM
The #G20 "paralysis is structural." With the South African Presidency ending last weekend, the G20 has once again failed to deliver solutions to the debt crisis.
It is time to look to the United Nations for a #debt architecture reform.
Read the oped: www.ipsnews.net/2025/11/the-... @ipsnews.net
It is time to look to the United Nations for a #debt architecture reform.
Read the oped: www.ipsnews.net/2025/11/the-... @ipsnews.net
We reiterate, reaffirm, remain commited, continue to support ... many ways for @g20org.bsky.social
to say 'nothing changes in the broken debt architecture'
The SA led G20 debt declaration illustrates how the G20 is NOT the space to advance solutions to #DebtCrisis www.resbank.co.za/content/dam/...
to say 'nothing changes in the broken debt architecture'
The SA led G20 debt declaration illustrates how the G20 is NOT the space to advance solutions to #DebtCrisis www.resbank.co.za/content/dam/...
www.resbank.co.za
October 16, 2025 at 4:42 PM
We reiterate, reaffirm, remain commited, continue to support ... many ways for @g20org.bsky.social
to say 'nothing changes in the broken debt architecture'
The SA led G20 debt declaration illustrates how the G20 is NOT the space to advance solutions to #DebtCrisis www.resbank.co.za/content/dam/...
to say 'nothing changes in the broken debt architecture'
The SA led G20 debt declaration illustrates how the G20 is NOT the space to advance solutions to #DebtCrisis www.resbank.co.za/content/dam/...
Reposted by Iolanda Fresnillo
South Africa’s #G20 presidency has the potential to catalyse meaningful global #debt reform, but so far nothing tangible has been achieved.
1️⃣6️⃣5️⃣ organisations have called on @cyrilramaphosabsky.bsky.social to take action on the #debtcrisis.
Read the call here➡️ www.eurodad.org/letter_to_sa...
1️⃣6️⃣5️⃣ organisations have called on @cyrilramaphosabsky.bsky.social to take action on the #debtcrisis.
Read the call here➡️ www.eurodad.org/letter_to_sa...
October 14, 2025 at 10:07 AM
South Africa’s #G20 presidency has the potential to catalyse meaningful global #debt reform, but so far nothing tangible has been achieved.
1️⃣6️⃣5️⃣ organisations have called on @cyrilramaphosabsky.bsky.social to take action on the #debtcrisis.
Read the call here➡️ www.eurodad.org/letter_to_sa...
1️⃣6️⃣5️⃣ organisations have called on @cyrilramaphosabsky.bsky.social to take action on the #debtcrisis.
Read the call here➡️ www.eurodad.org/letter_to_sa...
Reposted by Iolanda Fresnillo
📢 Economic, #Climate & #GenderJustice
Caring for one = caring for all
European leaders have missed an opportunity to show their support for #EconomicJustice reform at #FfD4 next week.
Now more than ever, we need an #EraOfJustice!
Join us in Sevilla 🪭 www.eraofjustice.org/sign-the-pet...
Caring for one = caring for all
European leaders have missed an opportunity to show their support for #EconomicJustice reform at #FfD4 next week.
Now more than ever, we need an #EraOfJustice!
Join us in Sevilla 🪭 www.eraofjustice.org/sign-the-pet...
June 23, 2025 at 7:24 AM
📢 Economic, #Climate & #GenderJustice
Caring for one = caring for all
European leaders have missed an opportunity to show their support for #EconomicJustice reform at #FfD4 next week.
Now more than ever, we need an #EraOfJustice!
Join us in Sevilla 🪭 www.eraofjustice.org/sign-the-pet...
Caring for one = caring for all
European leaders have missed an opportunity to show their support for #EconomicJustice reform at #FfD4 next week.
Now more than ever, we need an #EraOfJustice!
Join us in Sevilla 🪭 www.eraofjustice.org/sign-the-pet...
Many other interesting proposals that we’ll need to review more carefully, some fully aligned with
@eurodad
and global civil society ☺️ and others raising some doubts 🤔
Great have this to continue calling for a better and fairer debt architecture and #CancelTheDebt
(6/6)
@eurodad
and global civil society ☺️ and others raising some doubts 🤔
Great have this to continue calling for a better and fairer debt architecture and #CancelTheDebt
(6/6)
a baby is reading a book with his eyes closed while sitting at a table .
ALT: a baby is reading a book with his eyes closed while sitting at a table .
media.tenor.com
June 20, 2025 at 12:23 PM
Many other interesting proposals that we’ll need to review more carefully, some fully aligned with
@eurodad
and global civil society ☺️ and others raising some doubts 🤔
Great have this to continue calling for a better and fairer debt architecture and #CancelTheDebt
(6/6)
@eurodad
and global civil society ☺️ and others raising some doubts 🤔
Great have this to continue calling for a better and fairer debt architecture and #CancelTheDebt
(6/6)
👎The report doesn’t reflect on the proposal by many global south countries and civil society on the need for a #DebtConvention and a multilateral debt resolution mechanism eurodad.org/un_framework...
👍But it calls for the creation of an international bankruptcy court
(5/6)
👍But it calls for the creation of an international bankruptcy court
(5/6)
UN framework convention on sovereign debt - Building a new debt architecture for economic justice
European Network on Debt and Development
eurodad.org
June 20, 2025 at 12:23 PM
👎The report doesn’t reflect on the proposal by many global south countries and civil society on the need for a #DebtConvention and a multilateral debt resolution mechanism eurodad.org/un_framework...
👍But it calls for the creation of an international bankruptcy court
(5/6)
👍But it calls for the creation of an international bankruptcy court
(5/6)
#JubileeCommission states “If we don't reform the system itself, we'll continue to reproduce the very dynamics that led us here. The international financial architecture must be redesigned”
We’re all in for international financial architecture systemic transformation
(4/6)
We’re all in for international financial architecture systemic transformation
(4/6)
a woman in a purple suit is saying " i 'm in "
ALT: a woman in a purple suit is saying " i 'm in "
media.tenor.com
June 20, 2025 at 12:23 PM
#JubileeCommission states “If we don't reform the system itself, we'll continue to reproduce the very dynamics that led us here. The international financial architecture must be redesigned”
We’re all in for international financial architecture systemic transformation
(4/6)
We’re all in for international financial architecture systemic transformation
(4/6)
⚠️HIPC was not unconditional, opening the door for many neoliberal reforms that then led to new debts
We need to learn from what worked (#CancelTheDebt) and what didn’t work
🤔It doesn't seem the report does that in detail
But good to see such a clear call for #DebtRelief (3/6)
We need to learn from what worked (#CancelTheDebt) and what didn’t work
🤔It doesn't seem the report does that in detail
But good to see such a clear call for #DebtRelief (3/6)
June 20, 2025 at 12:22 PM
⚠️HIPC was not unconditional, opening the door for many neoliberal reforms that then led to new debts
We need to learn from what worked (#CancelTheDebt) and what didn’t work
🤔It doesn't seem the report does that in detail
But good to see such a clear call for #DebtRelief (3/6)
We need to learn from what worked (#CancelTheDebt) and what didn’t work
🤔It doesn't seem the report does that in detail
But good to see such a clear call for #DebtRelief (3/6)
🧐The report rightly points at the need for #DebtCancellation, calling HIPC II.
While I agree on the need for broad debt cancellation of all unsustainable (& illegitimate) debts, it needs to be unconditional 🤔 (2/6) www.theguardian.com/world/2025/j...
While I agree on the need for broad debt cancellation of all unsustainable (& illegitimate) debts, it needs to be unconditional 🤔 (2/6) www.theguardian.com/world/2025/j...
Developing countries ‘need more debt relief’ to fund education and health
Research warns poorer governments prioritising debt payments over essential development spending
www.theguardian.com
June 20, 2025 at 12:22 PM
🧐The report rightly points at the need for #DebtCancellation, calling HIPC II.
While I agree on the need for broad debt cancellation of all unsustainable (& illegitimate) debts, it needs to be unconditional 🤔 (2/6) www.theguardian.com/world/2025/j...
While I agree on the need for broad debt cancellation of all unsustainable (& illegitimate) debts, it needs to be unconditional 🤔 (2/6) www.theguardian.com/world/2025/j...
📜Today
@josephestiglitz.bsky.social
& #JubileeCommission presented their report on how to tackle the #debt and development crises
An important contribution to a heated and key debate
ipdcolumbia.org/publication/...
A short 🧵on first impressions (1/6)
@josephestiglitz.bsky.social
& #JubileeCommission presented their report on how to tackle the #debt and development crises
An important contribution to a heated and key debate
ipdcolumbia.org/publication/...
A short 🧵on first impressions (1/6)
The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy - Initiative for Policy Dialogue
On June 20, 2025 the Pontifical Academy of Social Sciences (PASS) and Columbia University’s Initiative for Policy Dialogue (IPD) published a report by a commission of global experts calling for urgent...
ipdcolumbia.org
June 20, 2025 at 12:21 PM
📜Today
@josephestiglitz.bsky.social
& #JubileeCommission presented their report on how to tackle the #debt and development crises
An important contribution to a heated and key debate
ipdcolumbia.org/publication/...
A short 🧵on first impressions (1/6)
@josephestiglitz.bsky.social
& #JubileeCommission presented their report on how to tackle the #debt and development crises
An important contribution to a heated and key debate
ipdcolumbia.org/publication/...
A short 🧵on first impressions (1/6)
Reposted by Iolanda Fresnillo
The #EU and #UK are stopping the global south from having a say by blocking UN-led #debt reform in #FfD4 outcome document. 👎
Our press release: www.eurodad.org/eu_and_uk_bl...
Our press release: www.eurodad.org/eu_and_uk_bl...
June 14, 2025 at 11:15 AM
The #EU and #UK are stopping the global south from having a say by blocking UN-led #debt reform in #FfD4 outcome document. 👎
Our press release: www.eurodad.org/eu_and_uk_bl...
Our press release: www.eurodad.org/eu_and_uk_bl...
Reposted by Iolanda Fresnillo
🎂 Fa #25AnysODG que reclamem justícia financera i climàtica, i la defensa dels béns comuns.
🌐 Som més necessàries que mai les persones i entitats que lluitem contra el poder corporatiu.
✊ Ajuda'ns a seguir lluitant a contracorrent. Fes-te sòcia: odg.cat/odg-25e-aniv...
🌐 Som més necessàries que mai les persones i entitats que lluitem contra el poder corporatiu.
✊ Ajuda'ns a seguir lluitant a contracorrent. Fes-te sòcia: odg.cat/odg-25e-aniv...
June 3, 2025 at 9:52 AM
🎂 Fa #25AnysODG que reclamem justícia financera i climàtica, i la defensa dels béns comuns.
🌐 Som més necessàries que mai les persones i entitats que lluitem contra el poder corporatiu.
✊ Ajuda'ns a seguir lluitant a contracorrent. Fes-te sòcia: odg.cat/odg-25e-aniv...
🌐 Som més necessàries que mai les persones i entitats que lluitem contra el poder corporatiu.
✊ Ajuda'ns a seguir lluitant a contracorrent. Fes-te sòcia: odg.cat/odg-25e-aniv...
Reposted by Iolanda Fresnillo
Different rules of the game would have radically changed history.
Our counterfactual simulations show that without colonial transfers, Europe would have been a debtor — and South Asia or Latin America could have become global creditors.
[5/8]
Our counterfactual simulations show that without colonial transfers, Europe would have been a debtor — and South Asia or Latin America could have become global creditors.
[5/8]
June 9, 2025 at 1:37 PM
Different rules of the game would have radically changed history.
Our counterfactual simulations show that without colonial transfers, Europe would have been a debtor — and South Asia or Latin America could have become global creditors.
[5/8]
Our counterfactual simulations show that without colonial transfers, Europe would have been a debtor — and South Asia or Latin America could have become global creditors.
[5/8]
Reposted by Iolanda Fresnillo
Colonial extraction and unequal exchange have shaped two centuries of North-South inequality.
A thread on the new study written with @gatonievas.bsky.social
[A thread 1/8🧵]
A thread on the new study written with @gatonievas.bsky.social
[A thread 1/8🧵]
🚨Global economic relations have long been defined by imbalances and unequal power, not by self-correcting market forces, NEW STUDY finds.
@thomaspiketty.bsky.social & @gatonievas.bsky.social call for structural reforms to the international monetary and exchange system.
wid.world/news-article...
@thomaspiketty.bsky.social & @gatonievas.bsky.social call for structural reforms to the international monetary and exchange system.
wid.world/news-article...
Colonial extraction and unequal exchange have shaped two centuries of North-South inequality - WID - World Inequality Database
In a new study, Gastón Nievas and Thomas Piketty examine patterns of global imbalances, current account surplus/deficit and net foreign wealth accumulation over more than two centuries.
wid.world
June 9, 2025 at 1:37 PM
Colonial extraction and unequal exchange have shaped two centuries of North-South inequality.
A thread on the new study written with @gatonievas.bsky.social
[A thread 1/8🧵]
A thread on the new study written with @gatonievas.bsky.social
[A thread 1/8🧵]