Page 5 - Poor Countries News Today

The majority of developing nations are set to miss out on the economic benefits of booming green technologies, slowing progress toward their climate goals and widening the inequality gap between

Financial Times commentator Martin Wolf says "it's the economy, stupid." The truth is more complicated.

Shafaq News/ United Nations chief Antonio Guterres has condemned rich countries and energy giants for throttling poor nations with “predatory” interest rates and crippling fuel prices. In his speech

In a major speech to the nation Tuesday, Russia’s president took note of the fact that Western powers spent nearly three times more on Ukraine than they have on assistance to the developing world.

US pharmaceutical giant Pfizer announced on Tuesday that it will greatly expand the number of medicines and vaccines it sells on a not-for-profit basis to ..

Some economies were unprepared when the foreign investors who flocked to their local-currency markets suddenly wanted out

Developed nations must help reduce wealth inequality, climate vulnerability

Foreign-backed coal is not a long-term energy solution and could leave countries with stranded fossil fuel assets, economic volatility and energy dependency as investors turn towards renewables.

IMF, World Bank significantly ramped up lending in past two years; now Fed rate increases, inflation are hammering poor countries

Across much of the developing world, China finds itself in an uncomfortable position as the world debt collector amid rising inflation and a weakening global