Developing countries paid almost a trillion dollars in net interest on public debt last year, nearly three times what they paid in 2010, due to rising borrowing costs, leaving less for health, education and other priorities, UN Trade and Development warns.
Poverty, widening inequality, conflict and violence against women are threatening hard-won social gains, the Third Committee (Social, Humanitarian and Cultural) heard today, as speakers warn that development cannot endure when women and girls are denied fundamental rights. That link was starkest in Afghanistan, whose representative said that, five years after the Taliban’s forced takeover, poverty, […]