A falling dollar is normally good for the developing world. Because poor countries borrow more in the greenback than rich ones, their debt bills become less burdensome. At the same time, imports ...

A reopening of the Strait of Hormuz would do little to swiftly ease the pain inflicted by higher prices for fertilizer, food ...

Countries like Malaysia import many metric tons of plastic waste from Europe each year, paying a few pennies per kilo. This might seem strange, but according to Kai Li, it makes sense. "As a resident ...

People in poverty have little access to food, clean water, decent shelter, basic medical care, and schooling. Adequate ...

Cash crunch makes sustainable goals tougher for poor countries Boosting financing 'absolutely central', says UN’s Steiner $4 trln needed, but just $300 mln there, says World Bank's Banga HAMBURG, ...

WASHINGTON, December 12, 2024—The next 25 years could prove decisive in determining whether the world’s 26 poorest countries progress to middle-income status, a new World Bank analysis shows. Home to ...

A decade of shocks has left much of the developing world weakened just as AI begins reshaping the global economy, World Bank ...

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 ...

Twenty-five years after the 2000 campaign, Pope Francis marks the Jubilee relauncing an appeal in the footsteps of from John Paul II to forgive loans to those who cannot repay them. The denunciation ...

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 ...