The Latest Breaking News from Developing Countries

World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday of a growing risk of global recession and said inflation remained a continuing problem after Russia's invasion of Ukraine. "There's a risk and real danger of a world recession next year," Malpass said in…

As developing countries confront a new era of elevated inflation, rising interest rates, a stronger dollar, and capital outflows, some governments stand to benefit from a little-noticed bonanza. During the "Great Moderation" that preceded the Covid-19 pandemic, years of low inflation led to the growth of sovereign debt issued at…

The world is experiencing a steep rise in the number of people living with diabetes, a chronic condition of significant public health concern. Many developing countries like South Africa now bear the greatest burden.

Weeks away from the 27th session of the UN Climate Conference (COP 27) in Sharm el-Sheikh, UN Secretary-General Antonio Guterres warned of "climate chaos," explaining that the increasing emissions are at "an all-time high and rising." He called on G20 of the world's wealthiest developed countries, companies, and investors to…

Hydrogen is used mainly to make chemicals such as fertiliser, and in oil refineries. Most hydrogen in the world today is made from natural gas or coal – methods associated with large carbon dioxide emissions. Developed countries are therefore looking to “green hydrogen” instead – produced using renewable electricity such…

New Delhi’s call for a structural overhaul of global multilateral institutions incorporates institutional accountability and a wider representation of the developing countries

Nigerian President Muhammadu Buhari says developing countries are “literally paying the price” when it comes to climate change

Egypt and the United States agreed on the importance of adapting to climate changes, especially in developing countries and the African continent. This came during a meeting between US Special Presidential Envoy for Climate John Kerry and Egypt’s Environment Minister Yasmine Fouad on the sidelines of the 18th session of…

In the run-up to the UN Climate Change Conference in Sharm El-Sheikh, this year's energy crisis has intensified the debate over what policies developing countries should be putting first. Some argue that poor countries should focus on development rather than decarbonisation; others advocate "green development", which would involve leapfrogging fossil…

How donor countries cook their books and let down the developing world.

Saudi Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim has underlined the Kingdom’s steadfast commitment to renewing global cooperation and achieving the 17 UN Sustainable Development Goals (SDGs), the Saudi Press Agency reported. Al-Ibrahim said the G20 Development Ministers’ Meeting was an opportunity to work more closely and put…