Whether you use “Third World” or “Developing” to describe a certain country, both terms mean the same thing: poor. But it didn’t always mean that. During World War I, First World was used to refer to ...

LONDON (Reuters) - Investors are criss-crossing the increasingly smudged line between emerging and developed markets as the euro zone crisis challenges traditional perceptions of a safe investment.

We’re almost a quarter of the way through the 21st century, and the past 25 years or so have been a tale of two economies when it comes to bridging the gap between the world’s richest and poorest ...