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The Latest Breaking News from Developing Countries

Transition from fossil fuels to renewable energy can pose fiscal challenges for India: study

Major developing countries are highly dependent on revenues from fossil fuel, it says

The Hindu

Funding the fight against NCDs

Non-communicable diseases (NCDs), such as cardiovascular disease, cancer, lung disease, diabetes, obesity and mental disorders, are often chronic and develop over a long period. Collectively, NCDs account for about 70% of all deaths globally (and 60% of deaths in Sub-Saharan Africa, where they account for over 55% of hospital admissions…

Bangkok Post

How Africans can assess the value of the latest G7 summit

Leaders of the world’s seven advanced economies have once again pledged economic support for Africa and other developing countries. But the realisation of these commitments depends on political developments in the Group of Seven (G7) countries, specifically the United States, the outcome of Russia’s war with Ukraine, and whether Russian…

The Conversation

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‘Perfect storm’ of crises is widening global inequality, says UN chief

Exclusive: António Guterres says growing north and south divide is ‘morally unacceptable’ and dangerous

The Guardian - UK

‘Talk with us, not for us’: fishing communities accuse UN of ignoring their voices

Developing countries’ delegates at UN conference seek recognition of small fisheries’ role in protecting oceans and fighting hunger

The Guardian - UK

Biden announced a $600 billion global infrastructure program to counter China's clout

A decade after China's global infrastructure program started, the U.S., G7 countries and private capital will invest in clean energy, technology and other projects in developing countries.

WEKU

US Aims to Raise $200 Bln as Part of G7 Rival to China’s Belt & Road

The United States aims to raise $200 billion in private and public funds over five years to fund needed infrastructure in developing countries under a G7 initiative aimed at countering China's multitrillion-dollar Belt and Road project, the White House said on Sunday. US President Joe Biden will unveil the plans,…

Asharq Al-Awsat

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G7 relaunches funding programme for developing countries under new name

Global Investment and Infrastructure Partnership, aimed at rivalling China, comes a year after Build Back Better World plan

The Guardian - UK

Italy's Draghi backs large investments in gas infrastructure in developing countries

Large investments in gas infrastructure in developing countries are needed, Italian Prime Minister Mario Draghi said as leaders of the Group of Seven rich democracies unveiled projects on energy and infrastructure financing on Sunday.

Reuters

G7 aims to raise $600 billion to counter China's Belt and Road

Group of Seven leaders pledged on Sunday to raise $600 billion in private and public funds over five years to finance needed infrastructure in developing countries and counter China's older, multitrillion-dollar Belt and Road project.

Reuters

Japan to pledge food assistance at G7 summit

Prime Minister Fumio Kishida plans to declare, at the Group of Seven summit to be held in Germany from Sunday to Tuesday, that Japan will provide food assistance to developing countries facing a food crisis due to the impact of Russia's armed aggression in Ukraine. Coordination is underway to extend…

The Japan News/Yomiuri

UN Chief Warns of ‘Catastrophe’ from Global Food Shortage

The head of the United Nations warned Friday that the world faces "catastrophe" because of the growing shortage of food around the globe. UN Secretary-General Antonio Guterres said the war in Ukraine has added to the disruptions caused by climate change, the coronavirus pandemic and inequality to produce an "unprecedented…

Asharq Al-Awsat

How Did Russia-Ukraine War Trigger a Food Crisis?

Russian hostilities in Ukraine are preventing grain from leaving the “breadbasket of the world" and making food more expensive across the globe, threatening to worsen shortages, hunger and political instability in developing countries. Together, Russia and Ukraine export nearly a third of the world’s wheat and barley, more than 70%…

Asharq Al-Awsat

Boris Johnson breaks promise to deliver 100 million Covid vaccines to poor countries

Government accused of ‘profiteering’ by charging countries for surplus vaccines through the aid budget

The Independent UK

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Asharq Al-Awsat

Int'l Conference in Egypt Recommends Support for Developing Countries to Protect Environment

Parliamentary delegations from 60 countries concluded on Thursday activities of the eighth Inter-Parliamentary Union (IPU) Global Conference of Young Parliamentarians, which was held in Sharm el-Sheikh in Egypt’s South Sinai province. They underscored the importance of supporting developing countries to protect the environment and promote green investment. They also called…

The Guardian - UK

UN climate talks end in stalemate and ‘hypocrisy’ allegation

Adviser says European nations are sourcing fossil fuels abroad but failing to help developing countries

Asharq Al-Awsat

Report: UAE, Saudi Arabia, Egypt Are Region's FDI Hubs

The United Arab Emirates, Saudi Arabia and Egypt were ranked the first three, respectively, in the Arab world in attracting Foreign Direct Investment (FDI) for 2021, with investments topping $45 billion. FDI inflows to Arab countries, which rose by 42% in 2021, amounted to about $53 billion, 6.3% of which…

Asharq Al-Awsat

Egypt Calls for Increasing Response to Food Security Challenges in Developing Countries

Egypt has called for boosting the response to the food security challenges in developing countries. The Foreign Ministry said Egypt submitted a draft resolution to the World Trade Organization (WTO) on enhancing the organization's response to food security challenges in developing, net food-importing countries, and least developed countries. The draft…

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Foreign Affairs

China’s Southern Strategy

Beijing Is Using the Global South to Constrain America

Zenger

Ovarian Cancer Is A Leading Threat To Women’s Reproductive Health

Ovarian cancer is ranked among the top killers of women around the globe, especially in developing countries. Vigilance is a health necessity.

The Hindu

Developing countries need much longer beyond 2050 to reach Net-Zero: Joint statement by India, China and other nations

Prime Minister Narendra Modi had told the COP26 global climate summit in Glasgow last year that India will meet a target of net zero emissions by 2070

Roll Call

There’s Nothing Micro About a Billion Women: Mary Iskenderian on Microfinance - Roll Call

Mary Ellen Iskenderian, the CEO of Women’s World Banking, talks about microfinance helping women entrepreneurs in developing countries.

Asharq Al-Awsat

Egypt, IsDB Sign 13 Agreements, MoUs

Egypt signed 13 agreements and memoranda of understanding with the Islamic Development Bank (IsDB) on the third day of the 47th annual meetings of the IsDB in Sharm El-Sheikh. The agreements and MoUs were signed in most economic sectors to confront global challenges that are increasing pressure on developing countries.…

The Hindu

Environment Minister seeks a relook at IP regime

Bhupender Yadav asks developed nations to commit expertise and money to curb industrial pollution

The Hindu

Building peace and prosperity with strong BRICS

The BRICS partnership is ‘walking together to walk far’ to build a community with a shared future for mankind

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