Developing country

Bulgaria has the highest social risk in the European Union, according to the Social Resilience Index. It tracks 12 economic, social and political parametres in 185 countries around the world, said Allianz Trade, which produces the ranking.

The results of the study covered the period from early 2022 to September 2023.

Climate change threatens to exacerbate conflict in fragile nations across the globe and lead to increased deaths, the International Monetary Fund (IMF) has said in a report. 

While climate shocks alone may not trigger new unrest, the IMF said, they "significantly worsen conflict, compounding fragility" such as hunger, poverty and displacement.

The COVID-19 pandemic, the cost-of-living crisis and the war in Ukraine have pushed 165 million people into poverty since 2020, the United Nations has said, calling for a pause in debt repayments for developing countries.

Adapting to the rapidly deteriorating effects of climate change will require not only more funds for infrastructure, crops and other systems, but also much faster reduction of greenhouse gas emissions, said the managing director of the International Monetary Fund (IMF) Kristalina Georgieva in an interview with the Foundation, Thomson Reuters at the UN Climate Conferenc

The pandemic could push as many as 32 million people in the world's least developed countries into extreme poverty, a new UN report has said. Without international action, global development goals will be missed.

As the world continues to grapple with the COVID-19 the outbreak, millions in the poorest countries have become more vulnerable to the economic downturn and food insecurity, U.N. experts warn.

The coronavirus pandemic could push as many as 60 million people into extreme poverty, the World Bank said on Tuesday.

The European Commission today presented its assessment of the progress made by EU countries in the implementation of economic and social tasks.

7 million people die each year from exposure to polluted air, Darik Radio reports, citing DPA and TASS. According to a World Health Organization  report, external air pollution is responsible for 4.2 million deaths annually, and household pollution is responsible for 3.8 million cases.

The onset of spring has seen a rally in emerging economies like Turkey, but the country's political risks are likely to rule out further growthThe European Central Bank's negative step on interest rates, as well as the U.S. Fed's postponement of its rate operation, look as if they have created a doping effect on "emerging economies," which also includes Turkey.