The largest country in the #world by #population and one of the #poorest - #India - hammered by the #US 1. #tariffs up from ~3% to ~18% 2. high #fees on #legal #immigration; hurts #remittances 3. #iran #war raising #oil #gas prices; hurts remittances www.carboncopy.info/west-asia-sh...
The largest country in the #world by #population and one of the #poorest - #India - simply getting hammered by the #US
1. #tariffs up from ~3% to ~18%
2. high #fees on #legal #immigration - hurts #remittances
3. #iran #war that is raising #oil #gas prices imported mainly from the #middleeast and hurts remittances

https://www.carboncopy.info/west-asia-shock-ripples-through-india-s-kitchens-factories-and-supply-chainsl
unctad.org/system/files... Access to #fertilizers may worsen for some of the #poorest #countries - e.g. #Sudan #Somalia #Pakistan #Srilanka etc. - who are already reeling from all kinds of other major problems such as #drought #war #flood etc. #climate #climatechange #iran #climatecrisis

unctad.org/system/files/o...

https://unctad.org/system/files/official-document/osgttinf2026d1_en.pdf

Access to #fertilizers may worsen for
some of the #poorest #countries - e.g. #Sudan #Somalia #Pakistan #Srilanka etc. - who are already reeling from all kinds of other major problems such as #drought #war #flood etc.

See all the slides from this informational presentation.

#climate #climatechange #iran #climatecrisis #extinction #survival #starvation #hunger #food #agriculture #farmers

Foreign Direct Investment Increased to a Record $41 Trillion

India, Mexico, Brazil, and some other major emerging economies recorded strong growth, while the United States continued to extend its lead as the top destination for direct investment

IMF
Foreign Direct Investment Increased to a Record $41 Trillion

India, Mexico, Brazil, and some other major emerging economies recorded strong growth, while the United States continued to extend its lead as the top destination for direct investment

IMF
World’s richest 26 people hold same wealth as poorest 50%

Report from Oxfam warns of widening gap as billionaire fortunes grow by the day

The Irish Times
Just 0.001% hold three times the wealth of poorest half of humanity, report finds

Data from World Inequality Report also showed top 10% of income-earners earn more than the other 90%

The Guardian
www.newyorker.com/news/letter-... 1/ "In 2007, his work found a #global audience with “The Bottom Billion,” an analysis of why the #world’s #poorest #economies were diverging from, rather than catching up with, more prosperous ones.” #humanrights #justice

A Development Economist Return...
A Development Economist Returns to What He Left Behind

Sam Knight writes about Paul Collier, a northern English development economist who has tried to apply his knowledge to reversing the decline of his native region.

The New Yorker

https://www.newyorker.com/news/letter-from-the-uk/a-development-economist-back-from-africa-considers-poverty-at-home

"In 2007, his work found a #global audience with “The Bottom Billion,” an analysis of why the #world’s #poorest #economies were diverging from, rather than catching up with, more prosperous ones. Last year, he published “Left Behind,” which he summarized to me as “a diagnosis of the same bloody problem for #poor places in #rich countries as for poor countries.”

A Development Economist Returns to What He Left Behind

Sam Knight writes about Paul Collier, a northern English development economist who has tried to apply his knowledge to reversing the decline of his native region.

The New Yorker