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developing countries

News about developing countries: events, facts and developments on tafs uz.

2 stories

Economy

AI Profits Concentrate Among Technology Owners Despite Global Spread of Production

According to UNCTAD, profits from the AI boom are concentrated in the high-tech stages of the supply chain. An analysis of the Nvidia GB200 NVL72 server system, worth about $3.3 million, showed that 68% of the tracked value added was profit, most of which went to Nvidia, while labor's share was only 14.2%. Raw material supplier countries receive a minimal share of the final value.

Dilnoza Rahimova
2 min read
Economy

Hundreds protest IMF policies in Bangkok: rights groups criticize austerity demands

During the annual IMF and World Bank meetings in Bangkok, hundreds of protesters, including farmers and human rights organizations, demanded a revision of the funds' policies. Oxfam and activists called spending-cut demands misguided amid inflation, while the IMF insists on rebuilding fiscal buffers, and experts speak of 'two bad options' for developing countries.

Dilnoza Rahimova
3 min read