Up to 80 percent of global trade is supported by some form of financing or credit insurance. Yet in many countries there is a lack of capacity in the financial sector to support trade, and also a lack of access to the international financial system. Therefore the ability of these countries to use simple instruments such as letters of credit is limited.
World governments expect to agree to a new global treaty to combat climate change in Paris in December. As the catastrophic impacts of climate change become more evident, so too escalates the urgency to act.
The most persistent myth about genetically modified organisms (GMOs) is that they are necessary to feed a growing global population.
New analysis suggests that developing countries are losing a trillion dollars or more each year to tax evasion and corruption facilitated by lax laws in Western countries, raising pressure on global leaders to agree to broad new reforms at an international summit later this year.