Tag: Developing countries
Emerging and developing countries are threatened with a “wall of debt” of 39 billion dollars
Dusseldorf Around $30 billion: That is the sum of the debt that the 160 emerging and developing countries will have to refinance in 2024 alone. In 2025, according to an…
World Bank warns of global inflationary surge
World Bank Chief Economist Carmen Reinhart “The more global interest rates rise, the greater the financial vulnerability in emerging and developing countries.” (Photo: Getty Images) Berlin The World Bank has…
World Bank warns of global inflationary surge
World Bank Chief Economist Carmen Reinhart “The more global interest rates rise, the greater the financial vulnerability in emerging and developing countries.” (Photo: Getty Images) Berlin The World Bank has…
World Bank warns of global inflationary surge
World Bank Chief Economist Carmen Reinhart “The more global interest rates rise, the greater the financial vulnerability in emerging and developing countries.” (Photo: Getty Images) Berlin The World Bank has…
World Bank warns of debt chaos in poorer countries
World tank president David Malpass Malpass pointed out that 40 percent of low-income countries have stopped publishing data on their national debt for over two years. (Photo: Reuters) Berlin The…
World Bank warns of debt chaos in poorer countries
World tank president David Malpass Malpass pointed out that 40 percent of low-income countries have stopped publishing data on their national debt for over two years. (Photo: Reuters) Berlin The…
Russia has big problems with extradition
Sputnik production Iran had been promised 60 million Sputnik cans in the spring to November, but so far the country has had to be content with just 1.3 million. (Photo:…
World Bank warns of new debt crisis after the pandemic
World Bank chief Malpass David Malpass, President of the World Bank, warns of a new debt crisis in poorer countries. (Photo: dpa) Many poorer countries face a debt crisis after…