Developing nations feel that international trade rules favor developed countries and undermine their interests, particularly in areas like agriculture and fishing subsidies. https://www.japantimes.co.jp/commentary/2024/04/05/world/developing-countries-multilateralism/ #commentary #worldnews #wto #trade #developingeconomies #climatechange
Why have developing countries soured on multilateralism?

The efforts of advanced economies to link trade agreements to labor and environmental standards could disadvantage developing nations.

The Japan Times
Blast at Gaza Hospital Kills More Than 500, Palestinian Officials Say

As he traveled to Israel, Biden said he was ‘outraged and deeply saddened by the explosion’

WSJ
Defaults Loom as Poor Countries Face an Economic Storm

Debt-relief efforts are stalling as developing economies are being hit by higher interest rates, a strong dollar and slowing global growth.