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    Josia Shigwedha

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    Josia Shigwedha

UN Summit 2025

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World

UNCTAD chief warns $31 trillion debt crippling developing nations

UN Trade and Development Summit 2025 official photo  Addressing this year’s UN Trade and Development (UNCTAD) Summit, Secretary-General Rebeca Grynspan warned that developing countries are being held back by a $31 trillion debt burden. She highlighted that record debt repayments, particularly involving the United States, are slowing development progress in these nations. Grynspan urged global leaders to consider debt relief and sustainable financing solutions to help developing countries meet their […]

today21 October, 2025