In recent years, the rightful rejection of the policies promoted by the traditional imperialist powers (North America, Western Europe and Japan), followed by the announcements made by the BRICS (Brazil, Russia, India, China and South Africa), have aroused great interest and expectations of major changes, including the creation of a common currency to challenge the More
The World Bank’s Board of Executive Directors approved a Development Policy Operation (DPO) in the amount of $116 million equivalent for Armenia to enable reforms aimed at promoting green, resilient and inclusive development. The DPO includes loan financing from the International Bank for Reconstruction and Development (IBRD) in the amount of EUR 92.3 million ($100 million equivalent) …
Monrovia – A World Bank Delegation has paid a courtesy call on the Director General of the Bureau of State Enterprises, Hon. Arthur S. Massaquoi at his Capital Bye Pass office in Monrovia. The discussion with the World Bank delegation centred on building a sustainable and vibrant State-owned Enterprise sector in an ardent effort to []
Monrovia — UBA America, the United States subsidiary of United Bank for Africa (UBA) has hosted diplomats, government officials and business leaders to the networking reception in partnership with the esteemed Business Council for International Understanding (BCIU) and the U.S. Department of States in Washington DC on Monday The event which was held on the []
World Bank Report Highlights Advantage Of Central Bank Gold Revaluation Accounts By Jan Nieuwenhuijs of Gainesville Coins Recently the World Bank released a handbook for asset managers on why to invest in gold. At Gainesville Coins I have written numerous articles on gold revaluation accounts and how these can be deployed by central banks to absorb losses in case of emergency. The World Bank has taken notice of my research as they allude to this practice in a chapter on reserve...
AN EV driver who travelled around the world in a record-breaking stunt revealed which country was a total nightmare. Lexie Alford hit 27 countries and six continents in the same amount of months in
Royal Bank of Scotland (RBS) has said it plans to close 18 of its 86 branches across Scotland – including three of its Edinburgh banks. The closures, which will see the loss of 105 jobs across the country, will leave 69 branches in Scotland. RBS, who are now under the NatWest Group banner, said the further reduction in branch numbers is due to declining use by customers – but insisted there will be no further closures before 2026. The closures include three branches in Edinburgh, three in...
Though touted as a model of environmental preservation, the country has recently signalled a shift from phasing out fossil fuels to boosting the economy. Franz Tattenbach on the tension between green credentials and growth“This country is what the world would like to be but is not,” says Franz Tattenbach, Costa Rica’s minister of environment and energy. The 69-year-old economist is keenly aware of his role as guardian of the country’s reputation for forward-looking biodiversity initiatives and...
Shafaqna English | AI & HI adopted content- Muslims in developed countries have a significant influence in various aspects of society, including: 1. Cultural Diversity: Muslims contribute to the rich cultural tapestry of developed nations through their diverse traditions, cuisine, music, and art. 2. Economic Contribution: Many Muslims are active participants
No one wants to see their child go off to war. But as a former intelligence officer and mother of two young sons, I’ve given a lot of thought to, well, the topic of war. I’ve considered the possibility that, if a global conflict broke out, my sons may find themselves suddenly called upon to
The World Bank has announced that it will provide $84 million to Afghanistan to combat the economic crisis and support livelihood projects. The assistance, as stated by the World Bank on Tuesday, will be channeled through the Afghanistan Reconstruction Trust Fund (ARTF) and the International Development Association (IDA). Additionally, Melinda Good, the World Bank’s official […]
Pichetto: "We have a great responsibility towards the most vulnerable citizens and countries" Read all the latest news in real time on Agenzia Nova