We’re at the World Bank-International Monetary Fund annual meetings this week, where new bank chief Ajay Banga’s pledge to shake up the lender comes as the world faces a plethora of global crises: crippling debt, inequality, food insecurity, and climate change. And some civil society groups say the problem is that help comes in the form of loans, not free money.
Also in today’s edition: The U.K. Labour Party’s David Lammy hits back at heartstring campaigns, philanthropists help combat online attacks, and we look at what can be done to make the digital world more inclusive.
It must be pretty disappointing for vulnerable nations desperately seeking help with their crushing debt loads to find that the helping hand comes in the form of more crushing debt.
About the author
Helen Murphy
Helen is an award-winning journalist and Senior Editor at Devex, where she edits coverage on global development in the Americas. Based in Colombia, she previously covered war, politics, financial markets, and general news for Reuters, where she headed the bureau, and for Bloomberg in Colombia and Argentina, where she witnessed the financial meltdown. She started her career in London as a reporter for Euromoney Publications before moving to Hong Kong to work for a daily newspaper.
