International development organisation says sum will be deployed to support 78 countries that ‘need it most’.The World Bank has announced that it has raised close…
Low-income countries still poorer than they were before the COVID-19 pandemic, report finds.The world’s 26 poorest countries are deeper in debt than at any time…
California boasts both the richest man and the poorest man in Congress and sends 20 millionaires to Washington, along with a vineyard estate owner and…
The world’s poorest countries suffer from civil wars, ethnic and sectarian strife. COVID-19, soaring inflation and the war in Ukraine made their bad situations worse. The world…
THE Bank of England is among the world’s worst at making economic forecasts, a report says. It has “significant shortcomings” in making predictions and relies…
WASHINGTON — The gap separating the most affluent Americans from the poor and middle class grew wider during the 1980s in all but a handful of…