News Snapshot:
Mothers with their infants at a centre for malnourished children run by World Vision in Baidoa, Somalia late last year. According to the World Bank, the number of people suffering “food insecurity” in low-income countries jumped from 56 million in 2019 to 105 million in 2022. Photograph: Andrea Bruce/New York Times The shocks of the past three years have hit all countries, but they have hit emerging and developing countries particularly hard. As a result, according to Global Economic Prospects 2023, just out from the World Bank, the convergence of average incomes between poor and rich countries has stalled. Worse,...