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The Latest Breaking News from Developing Countries

The US inflation bonanza for sovereign debtors

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…

Bangkok Post

Diabetes in South Africa: 60% aren't being screened for complications, according to new study

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.

The Conversation

UN Sec-Gen Warns Of ‘Climate Chaos’ Ahead of COP 27

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…

Asharq Al-Awsat

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Green hydrogen sounds like a win for developing countries. But cost and transport are problems

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…

The Conversation

A ground plan for India’s reformed multilateralism

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

The Hindu

Live updates: U.N. General Assembly

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

The Independent UK

Cairo, Washington Agree to Launch Initiative to Adapt to Clime Changes

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…

Asharq Al-Awsat

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Green growth is our only option

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…

Bangkok Post

The Unkept Promises of Western Aid

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

Foreign Affairs

Saudi Arabia Highlights Importance of Global Cooperation to Support World Economy

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…

Asharq Al-Awsat

Impact of Ukraine conflict is not limited to Europe: India

India highlighted that the impact of the Ukraine conflict is not just limited to Europe, adding that it has exacerbated concerns over food, fertilizer and fuel security, especially in the developing countries. Read more on Dynamite News:

Dynamite News

Japan to revise ODA policy to focus on economic security

The government plans to revise the Development Cooperation Charter, which sets guidelines for Japan's official development assistance (ODA) to developing countries, in the first half of next year with a focus on economic security, The Yomiuri Shimbun has learned.

The Japan News/Yomiuri

Rich nations owe reparations to countries facing climate disaster, says Pakistan minister

Sherry Rehman, the country’s climate change minister, insists rich polluters must pay their due as country is hit by devastating floods

The Guardian - US

Averting debt disaster in the developing world

Many developing countries are teetering on the edge of a debt crisis, with the Covid-19 pandemic, soaring food and energy costs, and the monetary tightening of major economies all threatening to push them over. But the international community has yet to do what is necessary to pull at-risk countries back…

Bangkok Post

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Belfast Live

Belfast City Council recycling unwanted spectacles to help developing countries

You can leave your old pairs of glasses at recycling centres across the city

Evening Standard

Putin’s war fuelling ‘catastrophic’ crisis putting 50 million people ‘one step from famine’

Vladimir Putin’s invasion of Ukraine has “put more people at risk of death” in dozens of developing countries where nearly 50 million people are now just “one step away from famine,” a minister warned on Friday.

Foreign Affairs

Is the Sri Lankan Debt Crisis a Harbinger?

Why U.S.-Chinese Tensions Put Developing Countries at Risk

The Hindu

Letters to the Editor - A rejoinder

Rejoinder from the Ministry of Commerce and Industry, to the article “MC12 over, its ‘gains’ f

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The Conversation

Cryptocurrencies are gaining ground across Africa. That's both good news and bad

Cryptocurrencies have become popular in African and other developing countries. That’s according to a policy brief released recently by UNCTAD, a United Nations agency. Significant proportions of Kenya (8.5%), South Africa (7.1%) and Nigeria’s (6.3%) populations are using these digital currencies. In June, the Central African Republic adopted bitcoin as…

The Conversation

7 ways to reduce the learning loss caused by the pandemic

School closures and the shift to online learning due to the COVID-19 pandemic have resulted in learning loss in developed and developing countries. Learning loss is generally defined as any specific or general loss of knowledge and skills or reversals in academic progress when students are not in school.

Al Jazeera

How the US is hindering global climate financing

Washington has not delivered on its promise to the Green Climate Fund, a tool to avert catastrophic climate change.

The Hindu

Transition from fossil fuels to renewable energy can pose fiscal challenges for India: study

Major developing countries are highly dependent on revenues from fossil fuel, it says

Bangkok Post

Funding the fight against NCDs

Non-communicable diseases (NCDs), such as cardiovascular disease, cancer, lung disease, diabetes, obesity and mental disorders, are often chronic and develop over a long period. Collectively, NCDs account for about 70% of all deaths globally (and 60% of deaths in Sub-Saharan Africa, where they account for over 55% of hospital admissions…

The Conversation

How Africans can assess the value of the latest G7 summit

Leaders of the world’s seven advanced economies have once again pledged economic support for Africa and other developing countries. But the realisation of these commitments depends on political developments in the Group of Seven (G7) countries, specifically the United States, the outcome of Russia’s war with Ukraine, and whether Russian…

The Guardian - UK

‘Perfect storm’ of crises is widening global inequality, says UN chief

Exclusive: António Guterres says growing north and south divide is ‘morally unacceptable’ and dangerous

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