The global aid system is “unfit for purpose”. That was the conclusion of a landmark report published last week by the ...

We asked development economist Mushfiq Mobarak how volatility in energy markets and disruption of supply chains and travel ...

WASHINGTON (Reuters) -Foreign direct investment flows into developing economies dropped to $435 billion in 2023, the lowest since 2005, with just $336 billion flowing into advanced economies, the ...

Casa dos Ventos wind turbines operate in Serra da Babilonia in Morro do Chapeu, Bahia state, Brazil, on May 17, 2023. Maria Magdalena Arrellaga/Bloomberg—Getty Images As the world accelerates efforts ...

BAKU, Azerbaijan (AP) — A new draft of a deal on cash to curb and adapt to climate change released Friday afternoon at the United Nations climate summit pledged $250 billion by 2035 from wealthy ...

LONDON, March 20 (Reuters) - Disrupted fertiliser shipments and soaring energy prices from the war in Iran are threatening to ...

Since the first industrial revolution in the 18th century, technological innovation has driven human prosperity – though unequally. Nations with physical infrastructure, such as factories, steam ...

Turkey's trade minister said on Thursday that Ankara had lifted its objections to a World Trade Organization agreement ​aimed ...

Brazilian President Luiz Inácio Lula da Silva criticized what he called the return of a colonial approach toward developing ...

Multilateral lender Asian Development Bank (ADB) is extending a financial support package to aid its developing member-countries, which includes the Philippines, to mitigate the potential economic ...

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 ...