A wealthy nation isn't synonymous with a developed one Reviewed by Michael J Boyle Fact checked by Vikki Velasquez It's difficult to determine how best to quantify the difference between developed and ...

SEVILLE, Spain (Reuters) -Spain will redirect an additional $1.9 billion in Special Drawing Rights to the International Monetary Fund as part of an effort to support developing countries, Economy ...

Whether you use “Third World” or “Developing” to describe a certain country, both terms mean the same thing: poor. But it didn’t always mean that. During World War I, First World was used to refer to ...