International Court of Arbitration to Decide on Legitimacy of the South’s Foreign Debt
The people’s basic needs will be guaranteed before creditors are paid.

Yesterday, five years after
the Southern countries bloc
demanded time for countries to
handle their foreign debt, with
the ability to cease payments
before crisis situations break out,
the International Court
of Arbitration was created, to
assess each country’s debt
and consider whether repayment is timely.