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Poor Countries Face a Mounting Catastrophe Fueled by Inflation and Debt

Before war ravaged Yemen, Walid Al-Ahdal did not worry about feeding his children. At his hometown near the Red Sea, his family grew corn, raised goats and relied on their […]




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Trade Barriers From the Ukraine War Are Sending Food Prices Higher

In a speech last week, Janet L. Yellen, the Treasury secretary, said the pandemic and the war had revealed that American supply chains, while efficient, were neither secure nor resilient. […]




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Critics Say I.M.F. Loan Fees Are Hurting Nations in Desperate Need

At a time when the coronavirus pandemic is fueling a rapid rise in inequality and debt, a growing number of policymakers and economists are pressuring the International Monetary Fund to […]




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Moderna, Racing for Profits, Keeps Covid Vaccine Out of Reach of Poor

Moderna’s market value has nearly tripled this year to more than $120 billion. Two of its founders, as well as an early investor, this month made Forbes magazine’s list of […]




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Global Supply Shortages Reach All the Way to a Haitian Aid Group

In the face of bewildering and enduring shortages of goods throughout the global economy, even aid organizations like food banks and clothing distributors are caught in the chaos. Many are […]




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Covid Vaccines Produced in Africa Are Being Exported to Europe

Johnson & Johnson’s Covid vaccine was supposed to be one of Africa’s most important weapons against the coronavirus.The New Jersey-based company agreed to sell enough of its inexpensive single-shot vaccine […]







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I.M.F. Board Backs $650 Billion Aid Plan to Help Poor Countries

VENICE, Italy — The International Monetary Fund took a step on Friday toward easing widening global inequality and helping poor nations access vaccines, saying that its executive board approved a […]




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Countries Are Scrambling for Vaccines. Mongolia Has Plenty.

Mongolia, a country of grassy hills, vast deserts and endless skies, has a population not much bigger than Chicago’s. The small democratic nation is used to living in the shadow […]




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Seychelles Sees Rise in Coronavirus Cases Despite Vaccinations

Marie Neige, a call center operator in Seychelles, was eager to be vaccinated. Like the majority of the residents in the tiny island nation, she was offered China’s Sinopharm vaccine […]