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Articles on Debt

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Developing countries are calling for more funding and for changes at the World Bank. Sean Gallup/Getty Images

4 signs of progress at the UN climate change summit

The biggest issues at COP27 involve financing for low-income countries hit hard by climate change. A former World Bank official describes some promising signs she’s starting to see.
The growth of Islamic banks provides Muslims living in North America with options that reflect their beliefs. (Shutterstock)

Islamic finance provides an alternative to debt-based systems

Shariah law informs financial contracts and credit systems, and the growth of Islamic financing options provides an alternative to current debt-based banking systems.
A Puerto Rican man passes buildings for lease in San Juan, Puerto Rico, on May 16, 2017. Mark Ralston/AFP via Getty Images

Puerto Rico has a plan to recover from bankruptcy — but the deal won’t ease people’s daily struggles

Puerto Rico has reached an agreement to partially settle its historic bankruptcy crisis. But public cuts to education and health care are unlikely to ease, creating ongoing challenges for Puerto Ricans

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