‘Loss and damage’ deal struck to help countries worst hit by climate crisis Governments draw up blueprint for fund to be administered at first by World Bank after tense Abu Dhabi talks The Guardian - UK · Nov 5, 2023
Stage set for conflict at COP28 with mixed response to outcome of key climate talks Tense negotiations at the final meeting on a climate-related loss and damages fund — an international fund to help poor countries hit hard by a warming planet — ended Saturday in Abu Dhabi, with participants agreeing that the World Bank would temporarily oversee the fund for the next four years The Independent UK · Nov 5, 2023
Climate crisis talks resume on ‘loss and damage’ funding for poorest countries World leaders will reconvene in Abu Dhabi before UAE’s Cop28 after talks broke down two weeks ago The Guardian - UK · Nov 3, 2023
Whose job will AI replace? Here's why a clerk in Ethiopia has more to fear than one in California Artificial intelligence is changing the world – and one of the main areas it will affect in the short-to-medium term is the workforce. The Conversation · Nov 2, 2023
As climate threats grow, poor countries still aren't getting enough money to prepare To adapt to the threats developing countries are facing from climate change, the United Nations says they'll need at least 10 times more money than the public funding they received in 2021. WEKU · Nov 2, 2023
What Revolut’s attempt to secure a UK banking licence could mean for its current customers and for the 'unbanked' Last year, the CEO of financial technology (fintech) company Revolut added a UK banking license to his 2022 Christmas wish list, telling startup news outlet Sifted: “I would love to have it as a Christmas present. A present for me personally and for the business.” The Conversation · Oct 30, 2023
Oil prices could reach 'uncharted waters' if the Israel-Hamas war escalates, the World Bank says The World Bank says oil prices could be pushed into “uncharted waters” if the violence between Israel and Hamas intensifies The Independent UK · Oct 30, 2023
World Bank warns oil price could soar to record $150 a barrel Escalation of Israel-Hamas war into Middle East-wide conflict would disrupt oil supplies and stoke food prices, says Bank The Guardian - UK · Oct 30, 2023
The World Bank approved a $1B loan to help blackout-hit South Africa's energy sector The World Bank has approved a $1 billion loan for South Africa to help it address an energy crisis that has peaked this year with the country’s worst electricity blackouts The Independent UK · Oct 25, 2023
The US invaded the island of Grenada 40 years ago. The legacy of revolution lives on Why we must remember Maurice Bishop and the Grenadian revolution The Guardian - US · Oct 25, 2023
Chief Minister instructs to fill Kalyana Karnataka, backlog posts in Higher Education Department Chief Minister Siddaramaiah has instructed officials of the Finance, the Higher and Technical Education Departments to fill up Kalyana Karnataka vacancies and other backlog posts which have been pending for many years The Hindu · Oct 21, 2023
As Colorado Races to Set New Rules for Climate-Friendly Industries, Its Plan Raises Concerns Over Dual Role of State Regulator Coal is back, despite banks’ pledge to stop financing such projects. Capital & Main · Oct 20, 2023
Gaza’s dire humanitarian crisis explained Israel’s strikes and blockade are pushing Gaza’s essential services and resources to the brink of collapse. Al Jazeera · Oct 16, 2023
International experts to feature in Keraleeyam seminars Keraleeyam 2023: 20+ int'l experts to lead 25 seminars. Robin Jeffrey, Patrick Heller to discuss Kerala economy. Richard A. Cash to lecture on pandemic. Prakash Kalarickal, Glenn Denning to speak on dairy, food security. World Bank's Dilip Ratha, Rajai Jureidhini from Hamad Bin Khalifa Univ. to join. The Hindu · Oct 16, 2023
The Conversation · Oct 16, 2023 The World Bank and the IMF need to keep reforming to become fit for purpose The World Bank and the International Monetary Fund are being challenged to make substantial reforms so that they become fit for purpose in the 21st century.
Radio France Internationale · Oct 16, 2023 World Bank to implement LGBTQ safeguards before resuming new Uganda funding The World Bank will aim to ensure gay and transgender Ugandans are not discriminated against in its programmes before resuming new funding, which was halted in August over an anti-LGBTQ law, a bank executive said.
The Guardian - UK · Oct 15, 2023 UK needs to rebuild global development reputation, admits Andrew Mitchell Development minister’s comments at World Bank summit in Marrakech acknowledge effect of aid budget cuts
The Guardian - UK · Oct 15, 2023 Rich nations, the IMF and World Bank are worried about the Israel-Hamas war, but not nearly enough Just like the Yom Kippur war 50 years before, the current conflict represents a grave threat to an already fragile global economy
The Guardian - UK · Oct 13, 2023 Africa’s ‘optimist-in-chief’ on the continent’s renaissance: ‘Don’t just believe me, believe the data’ In an exclusive interview, Akinwumi Adesina, head of the African Development Bank, says the outlook is good for a continent with the workers of the future and the best investment opportunities
The Independent UK · Oct 12, 2023 IMF and World Bank are urged to boost funding for African nations facing conflict and climate change Most of the population in conflict-affected countries like Niger, Mali, Burkina Faso, Chad and northern Nigeria depends on climate-vulnerable agriculture
The Guardian - UK · Oct 11, 2023 Severe debt burdens thwarting progress on climate and poverty, says World Bank Bank’s new president Ajay Banga urges faster action on providing debt relief but says there is no ‘magic wand’
France 24 · Oct 11, 2023 'Ending poverty on a liveable planet': World Bank in push to boost climate finance As the annual meetings of the International Monetary Fund and World Bank take place this week in Marrakech, FRANCE 24's Charles Pellegrin speaks to the World Bank's Senior Managing Director Axel Van Trotsenburg about the urgent need to increase climate financing, calls for reform of the institution and the potential…
The Independent UK · Oct 9, 2023 Morocco welcomes the annual meeting of the IMF and World Bank a month after its deadly earthquake The International Monetary Fund and World Bank are holding their annual meeting in Morocco, one month after an earthquake killed nearly 3,000 people in the North African country
Radio France Internationale · Oct 9, 2023 IMF, World Bank hold first meetings in Africa in 50 years The IMF and World Bank gather in Morocco Monday for their first annual meetings on African soil in 50 years, under pressure to reform to better aid poor nations blighted by debt and climate change.
Foreign Policy · Oct 8, 2023 The World Bank’s Big Week What to know ahead of the institution’s annual meetings.