Alberto Fernandez wins Argentine presidential election

The Reserve Bank of India has left the benchmark repo rate unchanged at 6.5% as inflationary pressures ease. However, the bank warned some risks remain.

Food prices have almost doubled within a year, and increasing numbers of retired people are falling below the poverty line. Meanwhile, the government continues to invest heavily in the arms industry.

The latest El Nino climate phenomenon has arrived, threatening floods in some areas of the world and droughts in others. Previous disruptive weather patterns cost the global economy trillions and stoked inflation.

This week, Paris is aiming to send a message to world leaders that the major issues facing the planet such as extreme poverty and climate change have to be tackled now. The "Power Our Planet" concert on June 22 in front of the Eiffel Tower is being organised by the NGO Global Citizen, an organisation that has already raised over $40 billion worldwide to fight poverty.

French President Macron says no country should have to choose "between reducing poverty and protecting the planet," at a Paris summit to seek ways to tackle debt, poverty and funding green initiatives.

Sri Lanka is deep in crisis and many people are barely able to afford fuel and food. The state lacks the money to help, and it is the poorest who are suffering the most. People like tea picker Nagamma and her family.

Annual inflation dropped to 5.5% in the 20 eurozone countries. However, the European Central Bank is still expected to raise interest rates in July.

African currencies have lost ground against the US dollar this year, further driving inflation in the import-reliant region. Depleting dollar reserves have left policymakers with limited options to arrest the decline.

Nigeria’s population is growing at an exponential rate. Harnessing the potential of the young is possible if the right measures are taken, experts say. Otherwise, the country's problems could grow more intractable.

Fleeing poverty in Guatemala

As Zimbabweans head to the polls this Wednesday, we take a look at the dire economic straits the country finds itself in. Inflation has gone from the single digits in 2017 to 77 percent this month, the currency has crashed against the US dollar, and high unemployment has led many to emigrate. While incumbent President Emmerson Mnangagwa has played up improved infrastructure on the campaign trail, his opponent Nelson Chamisa detailed a plan that he says will build Zimbabwe into a $100 billion economy.

The health and cost-of-living crises has disproportionately affected the poor and women in developing Asia, hurting their chances of long-term improvement.