Page 2 - Poor Countries News Today : Breaking News, Live Updates & Top Stories | Vimarsana

$600m 2nd Tranche Release: IMF Reposes Trust In Economy - Says Election Won't Derail Gains

Record debt levels and high interest rates have set many countries on a path to crisis

New president Mohamed Muizzu opting out of the traditional first official visit to India, announcing withdrawal of Indian troops from the country and Male not renewing a hydrographic survey pact with the Indian Navy are developments that will test the bilateral relationship

Economists urged developing nations to borrow in their own currencies to erase the “original sin” of dollar debt. Now the blowback is beginning to mount.

South Africa, Colombia and other countries that lost out in the global race for coronavirus vaccines are taking a more combative approach towards drugmakers and pushing back on policies that deny cheap treatment to millions of people with tuberculosis and HIV. In the COVID-19 pandemic, rich countries bought most of the world’s vaccines early, leaving few shots for poor countries and creating a disparity the World Health Organization called “a catastrophic moral failure.” Now, poorer countries are trying to become more self-reliant “because they’ve realized ...