We often hear that climate change disproportionately impacts the poor and the scenarios are worrisome. For example, climate change will lead to up to a 300 per cent increase in extreme poverty in Latin America and the Caribbean (LAC) by 2030. Beneath this alarming headline, we know that climate-related losses will fluctuate across time and … Read more
WASHINGTON: Public debt ratios in Latin America and the Caribbean (LAC) increased by about 10 percentage points of GDP in 2020. With debt service costs rising, countries in the region are under pressure to cut public spending and/or raise taxes, even in the face of widespread needs to respond to the pandemic. Our latest Regional … Read more
China on Monday said its borders with India remain stable and that the two sides are currently engaged in talks. “The words and deeds by the Indian government officials or military brass, (and) the Indian military deployment should be beneficial to easing the border situation, not opposite,” China’s Foreign Ministry Spokesperson Wang Wenbin told a … Read more
Indian Prime Minister Narendra Modi inaugurated the Strategic Highway Tunnel on Saturday, October 3 in the Himalayan region, the tunnel leads to the disputed area, which borders China. Narendra Modi inaugurated the highway tunnel at a time when the two major neighbours of the Asian continent, China and India, are facing each other in the … Read more
