Middle-Income Countries, Hit by Debt Burdens and Rising Inflation, Fight for Survival

By Thalif Deen UNITED NATIONS | 16 February 2024 (IDN) — The Group of 77 (G77) is the largest single coalition of developing countries comprising over two-thirds of the 193-member United Nations. Besides protecting and promoting the economic interests of 134 nations, the G77 is also home to several sub categories, including the world’s least […]

The World Must Come Together to Address Global Challenges

By Kristalina Georgieva and Ajay Banga Following are excerpts from the Joint Statement issued by Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), and Ajay Banga, President of the World Bank, on 7 September 2023. WASHINGTON, DC. 8 September 2023 (IDN) — The world confronts significant economic challenges, the existential threat of climate […]

Sri Lanka Back as Donor Darling Ignores the BRICS

France’s Macron and the US Fish in the Indian Ocean By Darini Rajasingham-Senanayake* COLOMBO. 23 August 2023 (IDN) — Sri Lanka continues to swing wildly between being a ‘Donor Darling’ flooded with foreign ‘aid’ and ‘advisors’ on the one hand to a ‘bankrupt’ pariah or outcast on the other. Last year, the strategic Indian Ocean […]

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