The shadow economy, a hidden but often overlooked factor of the developed and developing nations, functions in the background of the official markets. Its scope and dynamics are mainly shaped by ...

Expert says China’s green development strategy links ecological protection with economic growth and sustainability.

Africa, with its abundant natural resources and diverse ecosystems, is at a crucial juncture in the fight for environmental sustainability. The continent faces a range of urgent environmental ...

8 November 2024 - There are 32 countries classified as Landlocked Developing Countries (LLDCs): 16 are in Africa, five in Asia, eight in the Commonwealth of Independent States and South-Eastern Europe ...

The world agreed to a new climate deal at COP29 in Baku, Azerbaijan, Saturday, with wealthy countries pledging to provide $300 billion annually by 2035 to poorer countries to help them cope with the ...

30 March 2026 - Developing countries are being priced out of the affordable finance they desperately need for sustainable development, with sovereign credit ratings often overstating risk and ...

WASHINGTON, Dec. 3, 2024—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 ...

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief. By Alan Rappeport Reporting from Washington Soaring inflation saddled developing ...

After a fortnight of bitter struggle, nearly 200 countries agreed a new goal to raise money to tackle the climate crisis at Cop29, the 29th annual UN climate conference in Baku, Azerbaijan. Rich ...

This change could open opportunities for U.S. oil and gas companies in regions like Africa, Latin America, and parts of Asia. The Trump administration’s plan to reshape the U.S. Agency for ...

WASHINGTON, Dec 2 (Reuters) - The World Bank on Tuesday said developing countries spent a record $1.4 trillion to service their foreign debts in 2023 as interest costs climbed to a 20-year high, ...