As the Federal Reserve raises rates, global investors are pulling their money from emerging markets, damaging the world’s most vulnerable economies.
Tag: Third World and Developing Countries
U.N. Approves Sweeping Deal on Migration, but Without U.S. Support
Secretary General António Guterres noted that disinformation had hurt support for the Global Compact for Safe, Orderly and Regular Migration.
One African Nation Put the Brakes on Chinese Debt. But Not for Long.
Sierra Leone canceled a $300 million airport loan. Then its president changed his tone. Across the continent, Beijing’s money often proves irresistible.