News Muncher - category poor countries

Clinical trials of medicines often done in poor countries: Supreme Court

Observing clinical trials of medicines and vaccines were often carried out in poor countries, the Supreme Court on Wednesday allowed a petitioner to file submissions and objections to the rules framed by the Centre on the issue. A bench comprising Justices Hrishikesh Roy and S.V.N Bhatti considered the submissions of Centre's Additional Solicitor General Archana Pathak Dave who said rules …

India Trials Clinical Trials Rules Centre Pil Dave

2 weeks, 4 days ago

PM Modi at Christmas celebrations: It pains my heart when there are attempts to spread violence in society

Live Mint

Prime Minister Narendra Modi on Monday said that it pains his heart when there are attempts to spread violence in society. Citing the Christmas market attack in Germany and the 2019 Easter bombings in Sri Lanka, Modi said it is important to come together and fight such challenges. For us, all these missions are not mere diplomatic missions but an …

India Modi Poor Countries

1 month, 1 week ago

Climate-change colonialism keeps poor countries impoverished

Live Mint

At the latest United Nations climate summit, developing nations slammed rich countries’ pledge to spend $300 billion annually on climate reparations as “crumbs." Members of the Organization for Economic Cooperation and Development currently spend $223.7 billion a year trying to do good in poor countries through bilateral and multilateral aid and development spending. Advocates of green aid are right that …

Climate Change Europe World Development Climate Bank Poor

1 month, 1 week ago

CoP cop-out: Fossil fuel still has a global advantage

Live Mint

You can regard the depressing denouement of the CoP-29 climate conference in Baku, Azerbaijan, as a sort of diplomatic echo of the US election result three weeks earlier. At the UN climate conference in Baku, rich nations found that efforts to reduce their own emissions and fund climate programmes elsewhere in the world bought them little favour with developing countries …

World Climate Countries Nations Fossil Cop Poor Countries

Inside the Frantic Maneuvers That Saved COP29 Talks at a Cost

Live Mint

-- Negotiations over hundreds of billions of dollars in new climate funding for developing countries had staggered into overtime at COP29 in Azerbaijan. Saudi Arabia’s representative, Albara Tawfiq, said the kingdom opposed bids to “shift” the responsibility for providing climate finance beyond developed countries, shutting down a bid by the EU and US to expand the pool of contributors. Rich …

Finance India Climate Change China Climate Developing Climate Finance

2 months, 2 weeks ago

‘We are bystanders': Poor countries brace for either US election outcome

Politico

“We are bystanders to this all-important election. “All these things tend to work against the developing world’s ability to benefit from expanding trade and thereby use that opportunity for investment, growth, job creation and poverty reduction.” The inward turn of the U.S. and a more protectionist world are being accepted as a new reality among many countries regardless of who …

Finance International China Trade World Development Trump

9 months, 4 weeks ago

While poverty is declining globally, number of poor people rise in Sub-Saharan Africa: Data

The Hindu

At a time when the number of people living in poverty has been declining worldwide, and significantly in some regions, Sub-Saharan Africa has seen a high increase. Click to remove AMP mode While the number of poor people in Sub-Saharan Africa increased, poverty in terms of the share of the region’s population reduced from 53.8% in 1990 to 35.4% in …

Africa World Data South Asia World Bank Poor South

9 months, 4 weeks ago

Kejriwal's ‘vote bank politics’ charge on BJP over CAA implementation

Hindustan Times

Delhi chief minister Arvind Kejriwal on Monday slammed the Narendra Modi government over the implementation of Citizenship Amendment Act. Instead of solving those real issues, these people have brought CAA,” Kejriwal said in a post on social platform X. People will give a befitting reply in the Lok Sabha elections,” Kejriwal said. Citizenship Amendment Act notified The Union home ministry …

Citizenship Country Countries Bjp Kejriwal Caa Vote Bank

1 year, 1 month ago

Planning for the polycrisis

Live Mint

It is now confirmed that this year has been the hottest in the last 125,000 years. Nearly 30 years ago, several African nations and small Pacific Islands demanded that rich countries need to compensate for the harm caused by the effects of climate change. Wealthy countries like Singapore, Qatar, and Saudi Arabia are still categorized under ‘developing’ nations, under those …

Global India Human Rights Climate Change Climate Debt Emissions

1 year, 1 month ago

Climate funding is in short supply. So some want to rework the financial system

NPR

Climate funding is in short supply. Enlarge this image toggle caption Ina Fassbender/AFP via Getty Images Ina Fassbender/AFP via Getty Images Developing countries need a lot more money for climate change Industrialized countries like the United States built their wealth producing and using fossil fuels. Sponsor Message "That $100 billion is a very important symbol of trust" between wealthy countries …

Global Climate Change Pakistan World Development Climate Bank

1 year, 1 month ago

South Africa, Colombia and others are fighting drugmakers over access to TB and HIV drugs

Associated Press

CAPE TOWN, South Africa — South Africa, Colombia and other countries that lost out in the global race for coronavirus vaccines are taking a more combative approach towards drugmakers and pushing back on policies that deny cheap treatment to millions of people with tuberculosis and HIV. In the COVID-19 pandemic, rich countries bought most of the world’s vaccines early, leaving …

Health Africa Treatment Access South Africa Colombia Vaccines

1 year, 2 months ago

IMF and World Bank are urged to boost funding for African nations facing conflict and climate change

Associated Press

ABUJA, Nigeria — Many poor countries in Africa face the harshest effects of climate change: severe droughts, vicious heat and dry land, but also unpredictable rain and devastating flooding. During a panel in Marrakech this week, IMF economist Daniel Lee said the organization is “mainstreaming climate change in policy advice, capacity development and lending.” He did not detail the size …

Conflict Climate Change International Africa Change Nigeria Leaders

1 year, 3 months ago

China touts its Belt and Road infrastructure lending as an alternative for international development

Associated Press

BEIJING — China is touting its 10-year-old Belt and Road Initiative as an alternative model for economic development, releasing a government report that praises the program while glossing over criticism that it has saddled poor countries with too much debt. “On some level, China has added a World Bank to the developing world, and that is no small feat and …

China World Development Projects Countries Report Road

1 year, 5 months ago

World’s poorest quarter 40% more exposed to heatwaves than wealthiest quarter

The Hindu

Spend time in a developing country during a heatwave and it quickly becomes clear why poorer nations face some of the greatest risks from climate change. To assess how heat wave exposure is changing, we analyzed heat waves around the world over the past 40 years and then used climate models to project ahead. Our analysis showed that people’s average …

Climate Change World Climate Heat Billion Quarter Wave

1 year, 6 months ago

G20 nations raked in $50bn in debt repayments from poor countries since Covid, report finds

The Independent

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Debt-stricken nations that are also highly vulnerable to the climate crisis have paid a staggering …

Climate Debt G20 Crisis Report Covid Poor Countries

1 year, 6 months ago

Is a global debt bomb about to explode?

Al Jazeera

The majority of low-income nations are on the cusp of a debt crisis, sparking fears of global contagion. “Every day we don’t deliver these things that are within our control, we are basically increasing the costs and the damage gets compounded.” The queue of countries seeking debt restructuring like Zambia is only growing. However, economists and debt-management experts say richer …

Global China World Sri Lanka Interest Rates Ghana World Bank

1 year, 6 months ago

What would the perfect climate-change lender look like?

Hindustan Times

Imagine, for a second, that you are a guest at the Mount Washington Hotel in the ski resort of Bretton Woods, New Hampshire. Your job is to give the Bretton Woods twins—the IMF and the World Bank—a sister in the form of a perfect climate-change lender. A group of poor countries has railed against the idea that the World Bank …

Climate Change World Change Climate Poor Emissions Countries

1 year, 6 months ago

African countries are fed up with being marginalised in global institutions

Hindustan Times

There will be no shortage of bigwigs in Paris on June 22nd at a development finance pow-wow hosted by Emmanuel Macron, France’s president, to discuss pressing global issues including World Bank reform, climate finance and debt distress. The cuts will happen even as African countries are being squeezed by higher food and fuel prices following Russia’s invasion of Ukraine and …

Global Climate Change International Africa Ukraine World Bank

1 year, 7 months ago

China's hidden debt pushes world's poorest countries to brink of collapse

Firstpost

A dozen poor nations are facing economic instability and possibly collapse as a result of hundreds of billions of dollars in foreign loans, most of which are from China, the world’s largest and most unforgiving government lender. Countries in the AP’s research received up to 50 per cent of their foreign loans from China, and most spent more than a …

China Pakistan Sri Lanka Parks Loans Interest World Bank

1 year, 7 months ago

China’s loans pushing world’s poorest countries to brink of collapse

Associated Press

A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China. Countries in AP’s analysis had as much as 50% of their foreign loans from China and most were devoting more than a third of …

China Pakistan Sri Lanka Parks Loans Debt Interest

1 year, 7 months ago

Takeaways of AP’s report on Chinese loans pushing poor countries to brink of collapse

Associated Press

A dozen poor countries are facing economic instability and even collapse because of a common, undeniable factor: their struggle to pay back hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China. Two of the countries, Zambia and Sri Lanka, have already gone into default, unable to make even …

China Sri Lanka Loans Countries Chinese Foreign Poor Countries

1 year, 9 months ago

Vultures of Russia-Ukraine war: As corporate greed gets fulfilled, poor countries suffer 'collateral damage'

Firstpost

Europe War Ukraine Russia Oil Companies Damage

2 years, 1 month ago

Can poor countries afford to go green?

The Hindu

The 27th United Nations Climate Change Conference concluded on November 20 in Sharm el-Sheikh Egypt. Nearly 200 countries pledged to set up a ‘loss and damage fund’ to help vulnerable countries affected by climate change. How can poor countries weigh the cost of climate change against the economic cost of cutting down on fossil fuel use? COP27 | India hails …

India Energy Climate Change Development Change Climate Renewable Energy

2 years, 1 month ago

Historic ‘loss and damage’ fund adopted at COP27 climate summit

Al Jazeera

Countries at the COP27 summit agree to set up a compensation fund for poor nations suffering the impact of climate change. Countries at the United Nations COP27 climate summit in Egypt have adopted a final agreement that establishes a fund to help poor nations cope with the extreme weather events caused by global warming. The plenary session approved the document’s …

Climate Change Pakistan Loss Climate Developing Countries Egypt Poor

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Articles for Poor Countries

Clinical trials of medicines often done in poor countries: Supreme Court

PM Modi at Christmas celebrations: It pains my heart when there are attempts to spread violence in society

Climate-change colonialism keeps poor countries impoverished

CoP cop-out: Fossil fuel still has a global advantage

Inside the Frantic Maneuvers That Saved COP29 Talks at a Cost

‘We are bystanders': Poor countries brace for either US election outcome

While poverty is declining globally, number of poor people rise in Sub-Saharan Africa: Data

Kejriwal's ‘vote bank politics’ charge on BJP over CAA implementation

Planning for the polycrisis

Climate funding is in short supply. So some want to rework the financial system

South Africa, Colombia and others are fighting drugmakers over access to TB and HIV drugs

IMF and World Bank are urged to boost funding for African nations facing conflict and climate change

China touts its Belt and Road infrastructure lending as an alternative for international development

World’s poorest quarter 40% more exposed to heatwaves than wealthiest quarter

G20 nations raked in $50bn in debt repayments from poor countries since Covid, report finds

Is a global debt bomb about to explode?

What would the perfect climate-change lender look like?

African countries are fed up with being marginalised in global institutions

China's hidden debt pushes world's poorest countries to brink of collapse

China’s loans pushing world’s poorest countries to brink of collapse

Takeaways of AP’s report on Chinese loans pushing poor countries to brink of collapse

Vultures of Russia-Ukraine war: As corporate greed gets fulfilled, poor countries suffer 'collateral damage'

Can poor countries afford to go green?

Historic ‘loss and damage’ fund adopted at COP27 climate summit