In a speech on April 23rd America’s treasury secretary, Scott Bessent, laid out the Trump administration’s vision for the global financial system. Rather than announcing that America was leaving the ...

Out of approximately 195 countries, there are 152 developing countries in the world. An estimated 6.74 billion people in total live in these developing countries; an outstanding number when comparing ...

The global financial position has remained stable since the April 2024 world economic outlook update from the IMF. According to the IMF July 2024 update, global economic growth is expected to be at ...

Developing countries face significant challenges in achieving their primary goals of poverty alleviation, reducing unemployment, and minimizing inequality. It’s shocking that “GREEN” policymakers are ...

TWENTY-FIVE years ago your correspondent hired a cellphone in Congo. Each day, it cost what a typical local made in several months. The handset was as heavy as a half-brick and only somewhat more ...

Whether you use “Third World” or “Developing” to describe a certain country, both terms mean the same thing: poor. But it didn’t always mean that. During World War I, First World was used to refer to ...