Sustained high levels of energy and commodity prices could drive global inflation upwards, the World Bank has warned today.
Poverty reduction drive all but halted across many nations as Bank calls for more money to tackle a ‘great reversal’Larry Elliott: At last G20 is showing how to fund an assault on povertyThe devastating impact of the pandemic on the world’s poorest countries has brought poverty reduction to a halt and led to a widening income gap with nations in the rich west, the World Bank has warned.In a report released to coincide with its half-yearly meeting, the Washington-based organisation said half of...
Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned.]]>
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high• Business live – latest updatesA serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and reverse the recent downward trend in global inflation, the World Bank has said.The Washington-based institution said the recent fall in commodity prices had been levelling off even before the recent missile strikes by Iran and Israel – making interest rate...
15 State Officials Warn Bank Of America About 'De-Banking' Of Christians Authored by Naveen Athrappully via The Epoch Times, A group of 15 financial officials from 13 states sent a notice to Bank of America, raising concerns about the institution’s “de-banking” of Christians. “We write to express our concerns over Bank of America’s troubling track record of politicized de-banking. Bank of America’s de-banking policies and practices threaten the company’s financial health, its...
UK fans estimated to have lost over £1 million since tickets went on sale and thousands have fallen victim, losing an average of £332 each.
More than £1 million could already have been lost in the UK to fraudsters pretending to offer Taylor Swift concert tickets, Lloyds has warned.
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...
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
Hamilton, Halton, Niagara and area news from CHCH - Hamilton, Halton, and Niagara news.. It’s unclear when and how, but Israel has vowed that it will respond to Iran’s weekend missile strike. The promise came from the country’s military chief while prime minister Benjamin Netanyahu has been meeting with top officials to discuss a possible response. But, as the tensions grow in the middle east, more leaders have been […]
A brave group of 2,000 women proved — collectively — that the right to a healthy environment had been violated by Switzerland’s failure to take effective action to restrain global warming, Sian Sutherland writes.