Developing nations' 30% share of global public debt in 2023, particularly in Asia and Oceania, rose from 16% in 2010.
GENEVA (AN) — Developing countries owed nearly a third of the record $97 trillion in global public debt in 2023, all but ensuring their inability to provide adequate health care, schools and climate programs.
The amount owed rose by $5.6 trillion, or 6%, from 2022, "driven by cascading crises as well as the sluggish and uneven performance of the global economy," U.N. Trade and Development reported.
Colombia's former president Juan Manuel Santos says his nation's peace process benefited from women leaders.
China requested World Trade Organization-led dispute consultations over Trump's tariffs, now as high as 145%.
Markets plunged in Asia, Europe and the U.S. as leaders were shocked at Trump's tariffs and the risk of a global trade war.
The spike in the world’s deadliest infectious disease comes as officials warn global aid cuts could lead to a resurgence.
A Palestinian diplomat told the U.N.'s top court that Israel uses aid as a 'weapon of war,' targeting civilians and aid workers.
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A human rights group and journalists question Beijing's use of 'Chinese government-organized NGOs' at the United Nations.
A day after saying a deal with Russia was close, Trump expressed doubt that Putin is willing to end the Ukraine war.
