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Delays in securing debt relief from commercial creditors are blocking Chads access to development funding and hampering its ability to take advantage of current high crude oil prices, the... | June 25, 2022

Rising interest rates and soaring inflation will leave many governments with unsustainable debts. Get set for a wave of sovereign defaults, says Jonathan Compton.

The first part in this series discussed why we keep falling into crisis situations. It avers that the economy does not focus on growth. Low public and private investment are behind uneven growth...

There is an alternative to the IMF. The G20 members in the last meeting set up the ‘Common Framework for Debt Treatments’, writes Humayun Akhtar Khan

Download logoMultiple shocks hitting the Ethiopian economy have dampened growth, further increased inflation and created fiscal and external pressures;

United Nations, June 9 (IANS): The world is facing a cost-of-living crisis unseen in at least a generation, partly due to the Ukraine conflict, said a UN report. “The largest cost-of-living crisis of the 21st century has come when people and countries have a limited capacity to cope,” said the second report of the Global Crisis Response Group on Food, Energy and Finance over the Ukraine conflict on Wednesday. The Ukraine conflict has trapped the people of the world between a rock and...

Monetary policy tightening in the US and EU is becoming a nightmare for high-debt developing countries

Thank you, Stephane Good morning everybody. Thank you very much for joining us for the launch of the second brief of the Global Crisis Response Group. This is the document that we have made available to all of you, that is the second brief that we bring to your attention.

World faces largest cost-of-living crisis in a generation: UN report-

The world is facing a cost-of-living crisis unseen in at least a generation, partly due to the Ukraine conflict, said a UN report."The largest cost-of-living crisis of the 21st century has come when people and countries have a limited ...