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The world’s biggest corporations together raked in over $1 trillion in windfall profits each year for the past two years amid soaring prices and interest rates, while billions of people are having to cut back or go hungry.
"The most vulnerable people around the world are bearing the brunt of skyrocketing food, fuel, and fertilizer prices, with women and girls the hardest hit."
Global South countries spend 5 times more on repaying debt than addressing the climate crisis. With 160 days to go before COP28, activists are calling on rich countries to 'Cancel The Debt for Climate Justice'.
