World Bank

Israel-Hamas Deal Expected Soon after Secret Netanyahu Trip to Egypt Revealed

A deal between Israel and Hamas that is expected to be revealed at any time now is expected to be close to the agreement outlined in Friday’s edition of the Lebanese newspaper Al-Ahram. The belief is bolstered by word that Israeli Prime Minister Binyamin Netanyahu paid a secret visit to Egyptian President Abdul-Fatteh last May to work out the broad strokes of what will become the latest effort to curtail the violence that has racked the Gaza Strip. The Hamas…

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Frontier Markets – Diversification At A Cheap Price – iShares MSCI Frontier 100 ETF (NYSEARCA:FM)

This article will primarily look into the details of the iShares MSCI Frontier 100 ETF (FM), which is the larger and more liquid frontier market ETF available. However, there are several other frontier market ETFs that much of this commentary applies to as well: Invesco Frontier Markets ETF (FRN) iShares MSCI Argentina and Global Exposure ETF (AGT) Global X Next Emerging and Frontier ETF (EMFM) So what exactly are these ETFs invested in, and do you really need another international…

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World Bank CEO Kristalina Georgieva: Protectionism and “customs shootouts” engender tension in the world economy

The protectionist tendencies could deal a severe blow to the world economy, said World Bank Kristalina Georgieva in an interview for the Bulgarian National Radio. This year we are having “customs shootouts” among the leading economies, and this engenders tension and could trigger an income shrinkage globally – USD 1 trillion 400 million less for the population of the world. Kristalina Georgieva specified that the tendency of protectionism diverts the attention of the world away from important problems: “The first…

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Laboso takes stock after a year at the helm in Bomet

By VITALIS KIMUTAIMore by this Author Bomet Governor Joyce Laboso has defended her decision to introduce tough recruitment policy for staff, arguing it has saved the local administration millions of shillings. In her interview with the Nation to mark a year in office, Dr Laboso who is one of the three female governors in Kenya, said her predecessor’s regime failed to weed out ghost workers. “We did not find any structures relating to employment of staff and procurement of goods…

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India needs to drastically reform higher education in rapidly digitising world

By Amit Kapoor As India gets ready to celebrating its 71st Independence Day, concerns over honing its human capital come to the fore. These mus be addressed if the nation is to seize the opportunity offered by a demographic dividend for sustainable and inclusive digital growth. The growing working population, which is expected to increase by 1.3 million every month between now and 2025 (World Bank, 2018) demands a focus on higher education and skilling to create a pool of…

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NZ Announces Plan to Ban Single-Use Plastic Bags – Community/General, News, Society

New Zealand has become the latest country to ban single-use plastic bags in an effort to tackle plastic pollution, Time magazine reports. New Zealand Prime Minister Jacinda Ardern announced plans to phase out single-use plastic bags over the next year in order to “look after our environment and safeguard New Zealand’s clean, green reputation.” “Every year in New Zealand we use hundreds of millions of single-use plastic bags – a mountain of bags, many of which end up polluting our…

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Iraq’s top musicians play on despite unpaid wages

Iraq’s National Symphony Orchestra has lost more than half its members since the start of the year, when the Iraqi government barred state employees with two jobs from receiving two salaries In a dusty Baghdad dance studio, conductor Mohammed Amin Ezzat tries to fire up the musicians of Iraq’s National Symphony Orchestra, whose enthusiasm has been dampened by eight months without pay. An ageing air conditioner fights to beat back the summer heat in the cramped space at the capital’s…

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Ending the Menace of Gas Flaring

After dithering for years, Nigeria recently indicated its preparedness to end gas flaring, an exercise that represents waste and environmental degradation reports Chineme Okafor Nigeria has repeatedly pledged to drastically cut down the flaring of gas at her oil fields in the Niger Delta.In fact, since the 1950s when Nigeria started oil production, gas has been flared indiscriminately from the oil-bearing region, and this is despite what the flared gas can truly and really do to help the country overcome…

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I will attract first time voters in addition to the old – Dzifa Attivor

Politics of Monday, 13 August 2018 Source: ghananewsagency.org 2018-08-13 Aspiring NDC’s Volta Regional Chairmanship, Dzifa Aku Attivor Madam Dzifa Aku Attivor, former Minister of Transport, Monday launched her campaign to contest the Volta Regional Chairmanship position for the National Democratic Congress (NDC) and asked delegates to vote for her to attract first-time voters. She also promised togive hope to branches of the Party in the Region, adding that the Party needed leadership that could attract all voters in the Volta…

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Israeli PM Netanyahu met Egypt’s al-Sisi to discuss Gaza: Channel Ten News

Israeli PM Netanyahu met Egypt’s al-Sisi to discuss Gaza: Channel Ten News  13 Aug 2018 – 21:38 Israeli Prime Minister Benjamin Netanyahu climbs out after a visit inside the Rahav the fifth submarine in the fleet after it arrived in the Haifa port January 12, 2016. Reuters/Baz Ratner JERUSALEM:  Israeli Prime Minister Benjamin Netanyahu held a secret summit with Egyptian President Abdel Fattah al-Sisi in Egypt in May to discuss a long-term ceasefire in the Gaza Strip, Israel’s Channel Ten…

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AfDB’s Adesina call for emerging agric technologies to optimize farmers’ output

The President of the African Development Bank Group Akinwumi Adesina has made an urgent call to give farmers across the continent new technologies with the potential to transform agricultural production.  Adesina said the technology transfer was needed immediately and that evidence from countries like Nigeria demonstrated that technology plus strong government backing was already yielding positive results. ”Technologies to achieve Africa’s green revolution exist but are mostly just sitting on the shelves. The challenge is a lack of supportive policies…

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Regional, international cooperation key to preserving trans-boundary rivers, lakes

Whatever the extraordinary progress of the last century, it was also an era in which the reckless exploitation of natural resources and casual damage to the environment took place at an unprecedented speed and scale. Man’s deliberate and accidental actions have altered our planet in ways which we are only now beginning to fully comprehend. Given this background, it is an indication of the scale of the catastrophe that the destruction of the Aral Sea is widely viewed as one…

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Bangladesh gets $510m in World Bank funds to improve education – bdnews24.com

“This will benefit 13 million students studying in grades 6-12,” the World Bank said in a statement on Monday. Kazi Shofiqul Azam, secretary of Economic Relations Division, and Rajashree Paralkar, acting WB country director for Bangladesh, Bhutan, and Nepal, signed the agreement in Dhaka on Monday.  The project will focus on improving education quality and access, and help students, especially girls and children from low-income households, complete secondary education. For this, the programme will support stipends and school grants. “Bangladesh…

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