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Landmark Law Passed to Tackle Vulture Funds

UK becomes first country to ban ‘Third World Debt’ profiteering in final hours of Parliamentary session. A landmark bill to protect the poorest countries in the world from profiteering by so-called vulture funds became law today after passing in the House of Lords during the ‘wash-up’ at the end of the Parliamentary session. Jubilee Debt Campaign welcomed the successful passage of the Debt Relief (Developing Countries) Bill.