🎵 Donate any amount today and download 5 different Marketplace ringtones 🎵 Give Now

How the war in Ukraine is affecting debt troubles for developing countries

Apr 25, 2022
Developing nations see worsening debt challenges due to the war in Ukraine.
Above, a fruit vendor waits for customers in Colombo, Sri Lanka. Higher import prices for foods are putting pressure on the currencies of developing countries, including Sri Lanka.
Ishara S. Kodikara/AFP via Getty Images

Global food prices reach all-time high

Apr 8, 2022
The United Nations’ index of global food prices rose 12.6% in March, increasing the risk of hunger in the developing world.
In Egypt, the government subsidized bread so much that it costs consumers less than the value of the grain it's made with, leading to waste.
Khaled Desouki/AFP via Getty Images

BioNTech to ship mobile vaccine factories to developing countries

Feb 17, 2022
The aim: Making access to the company's COVID vaccine more equitable.
BioNTech says it's first set of modular vaccine kits will be heading to Africa later this year.
Thomas Lohnes/Getty Images

Global economic growth likely to slow in 2022, World Bank says

Jan 12, 2022
Inequalities between and within countries could widen in 2022, World Bank President David Malpass warns.
"Vaccines are critical because they reduce the hospitalization, because they allow economies to function," says David Malpass, president of the World Bank.
Andrew Caballero-Reynolds/AFP/Getty Images

Uneven vaccination rates may worsen global inequality

Zanny Minton Beddoes of the Economist says a lack of virus protection could hinder many nations’ economic recoveries.
Apu Gomes/AFP via Getty Images

Is the global economy facing a "Bretton Woods" moment?

Jun 10, 2021
One think tank CEO says the G-7 summit is a moment to envision an economic restructuring similar in scale to that of post-WWII.
President Joe Biden (center) and first lady Jill Biden (left) arrive in Cornwall for the G-7 summit.
Phil Noble - WPA Pool/Getty Images

World Bank president forecasts "subdued" economic recovery for 2021

And that's if vaccine distribution stays on track, David Malpass says.
"If you only come back 4% this year [in growth for the world economy], you're not back to where you were, even at the end of 2021," World Bank President David Malpass said.
Samuel Corum/Getty Images

For public good, not for profit.

Support fact-based, independent journalism with a gift to Marketplace today.

Drop in global remittances may worsen poverty

Jun 29, 2020
Migrants who have lost wages due to COVID-19 are struggling to send funds back home to their families in poorer countries.
A man in Miami sends a remittance to his mother in Cuba.
Joe Raedle/Getty Images

Emerging markets less ready for recession than before the global financial crisis — report

Nov 20, 2019
A World Bank report shows developing nations to be more exposed to recession now than a decade ago.
Win McNamee/Getty Images

Will India be Trump's next trade war target?

Jun 4, 2019
Following tariffs on China and Mexico, India's change in trading status change makes it look like a multi-front trade war.
The flags of the United States and India sit on a conference table during a meeting at the Pentagon in Washington, D.C. in 2018.
ROBERTO SCHMIDT/AFP/Getty Images