Poorest Countries

The world's 26 poorest economies are facing the most significant debt burden since 2006, the World Bank announced in a new report published Sunday.

South Sudan, gaining independence in 2011, is the youngest nation in the world and the poorest according to this ranking.

The richest MLA in the country has assets worth over Rs 1,400 crore while an MLA from West Bengal does not have even Rs 2,000 to his name, a report by an advocacy group has revealed.

There will be jubilation in the Himalayan kingdom of Bhutan this year when it quits the club of the world's poorest countries, while others still have a mountain to climb.

US pharmaceutical giant Pfizer on Wednesday said it would sell its patented drugs at a not-for-profit basis to the world's poorest countries, as part of a new initiative announced at the World Economic Forum in Davos.

Among the poorest in the world, the African country is likely to serve as a case study on bitcoin adoption in under-developed and politically unstable regions.

The fallout of the Russia and Ukraine war has just tipped two of the world's poorest countries into full-blown crises, and the list of those at risk - and the queue at the International Monetary Fund's door - will only get longer from here.

Oxfam has called on G20 leaders to take urgent action to dramatically scale-up manufacturing and access to Covid vaccines around the world, promote a fair economic recovery, fight hunger and help the poorest countries adapt to climate change.

The world's poorest countries have said they may struggle to meet visa requirements and cover all COVID-19 quarantine costs for the COP26 climate summit, raising concerns that some might not be able to attend in person.

The world's richest nations must do more to help the poorest countries withstand the "devastating double-blow" of the pandemic and the resulting economic damage, IMF chief Kristalina Georgieva said Wednesday.

Rich countries are opening up societies and vaccinating young people who are not at great risk from COVID-19, while the poorest countries cruelly lack doses, the World Health Organization said on Friday, condemning a global failure.

The United States will spend $3.5 billion to buy and donate 500 million doses of the Pfizer coronavirus vaccine to some of the world's poorest countries, it said on Thursday, urging other G7 nations to follow suit.

Food import costs across the world are expected to surge to record levels this year, piling pressure on many of the poorest countries whose economies have already been ravaged by the COVID-19 pandemic, the U.N.Food Agency said on Thursday.

India has supplied more COVID-19 vaccines globally than vaccinated its own people, the country has told the UN General Assembly and cautioned that vaccine inequity will defeat the collective global resolve to contain the coronavirus as the disparity in the accessibility of vaccines will affect the poorest nations the most.

The World Health Organization gave emergency use approval to AstraZeneca's Covid-19 vaccines on Monday, allowing distribution to some of the world's poorest countries to begin..

The world's 26 poorest economies are facing the most significant debt burden since 2006, the World Bank announced in a new report published Sunday.

South Sudan, gaining independence in 2011, is the youngest nation in the world and the poorest according to this ranking.

The richest MLA in the country has assets worth over Rs 1,400 crore while an MLA from West Bengal does not have even Rs 2,000 to his name, a report by an advocacy group has revealed.

There will be jubilation in the Himalayan kingdom of Bhutan this year when it quits the club of the world's poorest countries, while others still have a mountain to climb.

US pharmaceutical giant Pfizer on Wednesday said it would sell its patented drugs at a not-for-profit basis to the world's poorest countries, as part of a new initiative announced at the World Economic Forum in Davos.

Among the poorest in the world, the African country is likely to serve as a case study on bitcoin adoption in under-developed and politically unstable regions.

The fallout of the Russia and Ukraine war has just tipped two of the world's poorest countries into full-blown crises, and the list of those at risk - and the queue at the International Monetary Fund's door - will only get longer from here.

Oxfam has called on G20 leaders to take urgent action to dramatically scale-up manufacturing and access to Covid vaccines around the world, promote a fair economic recovery, fight hunger and help the poorest countries adapt to climate change.

The world's poorest countries have said they may struggle to meet visa requirements and cover all COVID-19 quarantine costs for the COP26 climate summit, raising concerns that some might not be able to attend in person.

The world's richest nations must do more to help the poorest countries withstand the "devastating double-blow" of the pandemic and the resulting economic damage, IMF chief Kristalina Georgieva said Wednesday.

Rich countries are opening up societies and vaccinating young people who are not at great risk from COVID-19, while the poorest countries cruelly lack doses, the World Health Organization said on Friday, condemning a global failure.

The United States will spend $3.5 billion to buy and donate 500 million doses of the Pfizer coronavirus vaccine to some of the world's poorest countries, it said on Thursday, urging other G7 nations to follow suit.

Food import costs across the world are expected to surge to record levels this year, piling pressure on many of the poorest countries whose economies have already been ravaged by the COVID-19 pandemic, the U.N.Food Agency said on Thursday.

India has supplied more COVID-19 vaccines globally than vaccinated its own people, the country has told the UN General Assembly and cautioned that vaccine inequity will defeat the collective global resolve to contain the coronavirus as the disparity in the accessibility of vaccines will affect the poorest nations the most.

The World Health Organization gave emergency use approval to AstraZeneca's Covid-19 vaccines on Monday, allowing distribution to some of the world's poorest countries to begin..