U.S.-South Africa rift complicates Group of 20 summit in Johannesburg
Pretoria's ambitious agenda for the G-20 focuses on inclusive growth, food security, AI, debt relief, and climate finance.
Asian Infrastructure Investment Bank
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that finances infrastructure projects to improve economic and social outcomes in Asia. Founded in 2016, the bank has grown to 110 approved members worldwide and focuses on sustainable, green infrastructure.
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China tries to ease debt trap worries about its 'Belt and Road' program
Despite fears about being weighed down with too much debt, developing nations embraced the infusion of Chinese cash.
IMF is wary of governments piling up unsustainable levels of debt
The global financial institution has acknowledged difficulties in assessing the problem among developing nations.