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NEW YORK (Reuters) -Leaders of developing countries threatened by climate change told rich nations at the United Nations General Assembly that they are falling far short of promises to fund measures ...
Paula Bronstein / Getty Images China has dramatically curtailed its lending in recent years. Now, it’s emerging as the largest debt collector for many of the world’s poorest nations — a shift that ...
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Poor countries paying billions more to cover debts than they receive as aid to fight climate crisis
The world’s least developed countries paid US $37 billion (£28bn) to service their debts in 2023, but received only $32 ...
While the world pushes for clean energy, developing economies still rely on fossil fuels, and without major financing, the transition will remain unequal and out of reach. According to Greenpeace, one ...
Once the world's largest financier, China has in recent years become its top debt collector as grace periods expire on billions of dollars in loans issued to the global south. This year, a record $22 ...
Holding the line on the existing rules-based international trading system remains an essential challenge if the world is the keep a damaging tariff war at bay, a top UN trade official said on ...
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IMF Chief Kristalina Georgieva calls to ‘ring the alarm bells’ on AI development
The IMF Chief Kristalina Georgieva has shared her concerns about developing economies falling behind in the global AI market.
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