One out of every six dollars the world's poorest governments received in revenue in 2024 went straight to foreigners in the form of debt service, per a new analysis from Debt Justice. Why it matters: ...
President Trump’s tariffs barrage has landed the heaviest blow on the very nations that global trade was supposed to help: poor countries. For decades, the U.S. and other rich countries have granted ...
The poorest countries in the world have been hit hard following the post COVID-19 economic crisis, leading to high inflation and interest rates. Extreme poverty increased, as measured by the ...
From the Democratic Republic of Congo and Burundi to Niger and Liberia below are 10 of the poorest countries in the world. The economy of Central African Republic is largely dependent on the export of ...
Irregular rainfall and drought in Mali has significantly reduced Satou Coulibaly’s millet and groundnut harvest in recent years. “It's getting harder and harder to get enough to eat," she says.
Half of the world's 75 poorest countries are experiencing a widening income gap with the wealthiest economies for the first time this century in a historical reversal of development, the World Bank ...
While global economics can sometimes seem boring, at its core lies the Gross Domestic Product (GDP) per capita. This figure represents the total income earned by a country’s people and businesses, ...
Proponents of the voluntary carbon market say it’s a mechanism not only to advance sustainability goals, but also to funnel much-needed cash to some of the world’s poorest countries. The idea is that ...
Developing nations facing worsening debt crisis Debt service is eating up liquidity, curbing development New initiative calls for collective relief Global multilateralism in jeopardy as US, UK pursue ...
United Nations climate talks adopted a deal to inject at least $300 billion annually in humanity's fight against climate change, aimed at helping developing nations cope with the ravages of global ...
Most of the attention on global environmental issues goes to climate change, and not without reason. The carbon dioxide we’re adding to the atmosphere — where carbon-concentration levels have almost ...