In an Echo of History, the British Pound Has Lost Its Dominance The Bank of England had to step in Wednesday after markets deemed a new government economic plan as unwise, but the pound has been on a longer slide.
Zambia and Its New President Are Still on Their Honeymoon Hakainde Hichilema is hailed as a miracle worker for turning around the fortunes of the southern African country. But with his opposition neutralized and a corruption drive focused on his predecessors, some are uneasy.
Who pays for climate havoc? There’s growing grievance against a global system that saddles developing countries with debt after extreme weather disasters.
A global ‘disconnect’ in full view World leaders gathered in New York this week. Developing countries took the opportunity to demand more support and stronger action.
A More Inclusive Global Order Is Possible As the world transitions to recovery from the pandemic, the inequities are only widening, both between and within countries.