Developing countries facing a debt crunch
LONDON, Oct 4 (Reuters) – High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing...
Factbox: The developing countries facing a debt crisis
LONDON, April 5 (Reuters) – The record number of developing nations at risk of a debt crisis will be high on the agenda next week...
Gold price soars in Egypt as local currency weakens
CAIRO, Dec 27 (Reuters) – The price of gold in Egypt has risen to unprecedented highs as nervous savers seek refuge from a weakening currency...
How 2022 shocked, rocked and rolled global markets
World stocks down 20% in worst year since financial crisis Bond market has been pounded as rates have risen Wild swings in commodity and FX...
Nomura warns seven emerging economies face currency crisis danger
LONDON, Nov 22 (Reuters) – Nomura has warned that seven countries – Egypt, Romania, Sri Lanka, Turkey, Czech Republic, Pakistan and Hungary – are now...
People facing acute food insecurity reach 345 million worldwide – WFP
BAGHDAD, Aug 24 (Reuters) – The number of people facing acute food insecurity worldwide has more than doubled to 345 million since 2019 due to...