The Latest Breaking News from Developing Countries

The incoming president of the World Bank was born in India and had his early success in business there

Finance ministers and central bank governors are meeting at the IMF to discuss challenges facing global economy.

Colorectal cancer originates in the colon or rectum, the terminal end of the digestive tract. The secular trend of colorectal cancer has been increasing in developing countries globally, including Thailand. It is the third most common cancer worldwide. According to the World Health Organisation (WHO), there are about 1.9 million…

The United States is working hard to counter China's influence in international institutions and in lending to developing countries, U.S. Treasury Secretary Janet Yellen said on Wednesday.

LONDON: China has handed out US$240 billion worth of bailout loans to 22 developing countries at risk of default over the past two decades, with the trend accelerating in recent years, a report said Tuesday.

China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount soaring in recent years as more have struggled to repay loans spent building "Belt and Road" infrastructure, a study published on Tuesday showed.

Dilma Rousseff will helm the Shanghai-headquartered New Development Bank, which was set up to finance projects in emerging markets and developing countries

Egyptian Finance Minister Mohamed Maait called on Tuesday for easing the debts of developing countries by launching new consultations that “makes the debt crisis part of the solution”. Maait presented the “Sustainable Debt Coalition” to transform the debt burdens of developing countries into sustainable solutions for green recovery. The minister…

Publication of a major new United Nations report on climate change is being held up by a battle between powerful rich and developing countries over emissions targets and financial aid to vulnerable nations