Economic Hardships And Instability In Western Sahara

Economic hardships in Western Sahara are deeply tied to the ongoing conflict and territorial dispute. The region remains underdeveloped, and its economy is heavily dependent on the extractive industries, such as phosphates and fishing, which Morocco controls in the areas it occupies. The Sahrawi people, especially those in refugee camps, face severe economic challenges, including [...]

Laos Faces Economic Crisis Amidst Soaring Inflation And Debt To China

Laos is facing a severe economic crisis, with inflation reaching 31% in 2024, the highest in Asia. The inflation surge is largely due to a weakening kip currency and massive debt, primarily owed to China, for large infrastructure projects like hydropower dams and a high-speed rail line. The country’s debt stands at 108% of its [...]

Go to Top