In 1996 the IMF and the World Bank launched an initiative aimed at reducing the debt burden for some 41 heavily indebted poor countries (HIPC), whose total debts amount to about 10% of the Third World ...
Rich countries agreed to take the lead in paying $300 billion a year to the poorest nations by 2035 from a variety of financial sources (public, private, between countries, and across multilateral ...
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 ...
Half the population of Niger, a landlocked African nation beset by military coups, live in extreme poverty, eight in ten people have ... among the world’s poorest. The country’s policymakers ...
Every time I go to Singapore to visit my son and his family, I can’t help but wonder how a small island about the size of Metro Manila but half its population and with no natural resources can be a ...
At the latest United Nations climate summit, developing nations slammed rich countries’ pledge to spend ... raid development funds to the detriment of the people they claim to help.
helping poor countries cut carbon emissions and pushing them only to adopt unreliable power sources. When people need jobs and food, it is immoral to give them solar panels instead. Poverty kills ...
Rich countries agreed to take the lead in paying US$300 billion a year to the poorest nations by 2035 from a variety of financial sources (public, private, between countries, and across ...
COP 29, a cornuCOPia for 67,000 delegates, is over with predictable results. Another farcical attempt to present these UN sponsored meetings as a step on the way to saving the planet by transferring ...