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Tag Archives: countries

Developing countries need debt relief

  To act on climate change, the gap between their short-term debt and long-term investment must be closed COMMENT | ISHAC DIWAN & VERA SONGWE | If developing economies found it hard to manage their debts in 2023, they are likely to face even more formidable challenges this year. Though most …

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ANALYSIS: Why are more countries eager to join BRICS?

Beijing, China | Xinhua | Bangladeshi newspaper Dhaka Tribune has reported that Bangladesh has formally applied to join BRICS, an acronym of five major emerging economies — Brazil, Russia, India, China and South Africa, once again drawing wide attention to the expansion of its membership. After over a decade of development, …

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