KUALA LUMPUR, Malaysia, Dec 13 (IPS) – With the US Fed raising interest rates, the world economy is slowing as debt distress spreads across the global South, increasing poverty worldwide to pre-pandemic levels, with the poorest countries faring worst.
Read the full story, “Rich Nations, IMF Deepen World Stagnation”, on globalissues.org →
KUALA LUMPUR, Malaysia, Dec 13 (IPS) – With the US Fed raising interest rates, the world economy is slowing as debt distress spreads across the global South, increasing poverty worldwide to pre-pandemic levels, with the poorest countries faring worst.Read the full story, “Rich Nations, IMF Deepen World Stagnation”, on globalissues.org →