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.
Tag: International Monetary Fund
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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.
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Who pays for climate havoc?
There’s growing grievance against a global system that saddles developing countries with debt after extreme weather disasters.
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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.
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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.