The Latest Breaking News from Developing Countries

The World Bank and International Monetary Fund's Spring Meetings kicked off this week with concerns over high inflation, rising geopolitical tensions, climate change and financial instability. World Bank Senior Managing Director Axel van Trotsenburg told FRANCE 24 that "we need to stay engaged with developing countries. More than ever, problems…

The incoming president of the World Bank was born in India and had his early success in business there

Finance ministers and central bank governors are meeting at the IMF to discuss challenges facing global economy.

The US House of Representatives has voted to strip China of its status as a developing country. China has condemned the move and refuses to join the ranks of developed or "wealthy" nations. At stake are critical economic and geopolitical issues for the world’s second-largest economy.

To make more strategic use of official development assistance (ODA), the government plans to emphasize a proactive approach of proposing aid to developing countries, rather than waiting for requests from these nations.

Developing countries are nations that are experiencing economic and social growth, but still have significant economic and social challenges to overcome. These countries are characterized by a range of factors, including low per capita income, limited access to basic services, high levels of poverty, and limited infrastructure.

Climate finance was at the centre of The United Nations Climate Change Conference (COP27) in Egypt last year. For many, the highlight was the agreement to establish a fund to assist developing countries in responding to loss and damage associated with the adverse effects of climate change.

Colorectal cancer originates in the colon or rectum, the terminal end of the digestive tract. The secular trend of colorectal cancer has been increasing in developing countries globally, including Thailand. It is the third most common cancer worldwide. According to the World Health Organisation (WHO), there are about 1.9 million…

The United States is working hard to counter China's influence in international institutions and in lending to developing countries, U.S. Treasury Secretary Janet Yellen said on Wednesday.

LONDON: China has handed out US$240 billion worth of bailout loans to 22 developing countries at risk of default over the past two decades, with the trend accelerating in recent years, a report said Tuesday.

China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount soaring in recent years as more have struggled to repay loans spent building "Belt and Road" infrastructure, a study published on Tuesday showed.