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Wealthy countries sent climate funding to the developing world in recent years with interest rates or strings attached that benefited the donor nations, a Reuters data analysis found.
China's practice of securing its loans to low-income nations through commodity revenue streams and cash held in restricted escrow accounts is curbing their ability to manage their finances effectively ...
Sweeping tariffs on imports imposed by U.S. President Donald Trump and countermeasures could have a "catastrophic" impact on developing countries, hitting even harder than foreign aid cuts, the ...
Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest International Debt Report shows.
The advent of the COVID-19 pandemic unraveled the workings of the world as we knew it and the significance of sound e-learning systems on education became evident.
Wealthy countries pledged to provide $300 billion a year by 2035 to poorer countries to help them cope with the increasingly catastrophic impacts of the climate crisis — a figure many developing ...
Why economic growth among developing countries is slowing. Over the first 10 years of the 21st century, developing economies were growing at historically fast rates. That has since changed.
Developing countries are leading the charge towards nuclear-generated electricity, including China, India, Korea, Indonesia, and South Africa. South Africa was the first in the world to start work on ...
In 2009, industrialized countries set a goal to give developing nations $100 billion a year by 2020 to help them deal with climate change. In 2015, countries extended the pledge to 2025.