Many low-income and emerging market countries face an increasingly precarious economic future as they grapple with mounting debt burdens. Creditors include international financial institutions, the ...

World Development Indicators (WDI) serves as the World Bank's primary collection of internationally comparable data on development. It is a comprehensive resource that contains pertinent, top-notch ...

Feb 21 (Reuters) - Hong Kong-based property developer New World Development (0017.HK), opens new tab said on Friday it expects to swing to a loss of up to HK$6.80 billion ($875.07 million) for the ...

HONG KONG, Nov 18 (Reuters) - Embattled New World Development (0017.HK), opens new tab said on Tuesday it expected $1.3 billion of its debt, majority of it being perpetual bonds, to be cut after ...

27 February 2024 - The United Nations General Assembly has decided to convene the "Second World Summit for Social Development" in 2025, to address gaps and recommit to the principles outlined in the ...

We are supporting efforts to end poverty on a livable planet, investing in stronger economies, energy access, and more resilient communities. In fiscal year 2024—which covers July 1, 2023 to June 30, ...

WASHINGTON, Dec. 11, 2025— A proliferating set of international standards—covering everything from food labeling to the specifications of 5G cellular networks—is steadily reshaping the global economic ...

The World Bank has taken its first step since ending its ban on funding nuclear energy projects by partnering with the International Atomic Energy Agency to support countries that choose to include ...

The violent protests that began in Nairobi in June appeared to erupt suddenly, a direct response to the government’s proposal of a contentious finance bill the month before. But the economic crisis ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. The Cheng family is one of Hong Kong's most prominent and richest families, owning billions in ...

Adrian Cheng, the third-generation scion of Hong Kong’s billionaire Cheng family, said on Thursday he had stepped down as CEO of the family’s flagship New World Development, after the property company ...

The term "Third World" is making headlines. Last week, President Donald Trump wrote on Truth Social that immigrants from poor nations are a burden on the United States. "I will permanently pause ...