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Developing Countries’ Debt Servicing Costs to China Are Significant, but Nowhere Near as Much as Other Creditors

Developing countries spent a staggering $294 billion to service their debts in 2022, a figure that's expected to balloon by a third this year, according to the findings of a new report published by the UK NGO ONE Campaign. While China ...

With an Eye on China, U.S. Appoints Veteran Aid Industry Executive to Lead Vaccine Distribution Effort

U.S. Secretary of State Antony Blinken announced on Monday that Gayle Smith, a former U.S. Agency for International Development administrator and chief executive of the ONE Campaign to eradicate poverty and preventable disease, will become Washington's point person on global vaccine distribution. ...