developingcountries
Pressure is mounting for global financial reforms to help developing nations tackle climate change. An open letter was sent to G20 leaders ahead of annual World Bank and International Monetary Fund (IMF) meetings this week. It urges them to end “crippling debt” for developing nations and introduce new measures to “make polluters pay”. Signatories include the former Prime Minister of Denmark Helle Thorning-Schmidt, Former Prime Minister of New Zealand Helen Clark, Paris Agreement architect Christiana Figueres as well as celebrities and other influential figures. The more than 100-strong group o...
Euronews (English)
The COVID-19 pandemic caused a shift in how remittances flowed around the world, no more so than in developing countries. This coupled with the existing pull towards cryptocurrency has changed the face of the remittance industry in these nations, writes Kate Anderson. Q4 2021 hedge fund letters, conferences and more Global remittances fell in the face of COVID-19-induced lockdowns. But much like other financial services, the sector had to adapt to ensure a steady flow of remittances, resulting in a decline that was much smaller than previously projected. Low- and middle-income countries receiv...
ValueWalk
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