A Physical Gold ETF Backed by The Perth Mint

Investors who are looking for a way to diversify their portfolios may consider the potential risks and supporting factors that could maintain the gold outlook and consider an alternative approach to diversify a portfolio with a gold ETF. On the recent webcast (available On Demand for CE Credit), Combating Geopolitical Risks in Your Portfolio, Cameron Alexander, Director, Metals Demand, Asia and the Middle East for Thomson Reuters, pointed to some of the overarching themes that could affect the gold market…

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Kerala Floods Show Climate Change Nears Point Of No Return, Says UN Chief

Citing the Kerala floods, the UN chief said, “Climate change is moving faster than we are” United Nations:  For the second time in a month, UN chief Antonio Guteress has cited the recent devastating floods in Kerala to highlight the grave consequences of inaction over climate change. Mr Guteress also referred to hurricane Maria that killed almost 3,000 people in Puerto Rico last year, making it one of the deadliest extreme weather disasters in the United States history. “Climate change…

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Logistics inefficiencies cost Uganda Shs3 trillion

What is the role of National Logistics Platform?The National Logistics Platform (NLP) under the Private Sector Foundation Uganda has been implementing a project with UKAID support through Trade Mark East Africa since 2016.NLP’s role is to develop a competitive logistics industry through advocacy, promoting collaboration among stakeholders, promoting public-private partnership and carrying out research to build knowledge base according to international best practices. Describe the logistics landscape in Uganda.The East African Community presents Ugandan logistics providers with a large potential…

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Citing Kerala floods, UN chief says existential threat of climate change nears point of no return

UN chief Antonio Guteress cited the recent devastating floods in Kerala and last year’s hurricane in Puerto Rico as he issued a grave warning about consequences of inaction over climate change and called for more leadership and greater ambition for climate action. “Climate change is the defining issue of our time – and we are at a defining moment. We face a direct existential threat. Climate change is moving faster than we are – and its speed has provoked a…

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IMF’s staff-level team to arrive by month-end

Analys­is sugges­ts benefi­ts of IMF progra­mme outwei­gh the cost countr­y may have to pay Sources said the new government can also avoid the typical IMF prescriptions, which are often in direct conflict with the government’s development agenda. PHOTO: REUTERS ISLAMABAD: Pakistan has decided to engage with the International Monetary Fund (IMF) as an internal working suggests that benefits of getting a bailout programme outweigh the cost that Islamabad may have to pay, including some compromises on economic sovereignty. After doing an…

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End Game For Mubarak And Other African Despots?

[Speaking Truth To Power] Is the ongoing Egyptian revolt, against President Hosni Mubarak, the beginning of the end game for his brutal dictatorship—and other similar regimes in Africa? Days after the protests started, on Jan. 25, the Egyptian people continue to demand for Mubarak to resign after 30 years of rule—many can be seen holding signs calling for the president to “get out” of Egypt. Two million or more defied a curfew today and thronged Cairo’s main square. Mubarak has…

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Get off the path of ‘suicidal emissions’, urges UN chief

Tuesday, 11 September 2018, 10:34 amPress Release: UN News The world risks crossing the point of no return on climate change, with disastrous consequences for people across the planet and the natural systems that sustain them, the United Nations Secretary-General António Guterres warned on Monday, calling for more leadership and greater ambition for climate action, to reverse course. The pledge made by world leaders in the Paris Agreement three years ago to stop temperature rising by less than 2-degree-Celsius and…

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Global Preparedness Monitoring Board convenes for the first time in Geneva – World

GENEVA (10 September 2018) – The World Health Organization and the World Bank Group today convened the first meeting of the Global Preparedness Monitoring Board (GPMB), a new body set up to monitor the world’s readiness to respond to outbreaks and other health emergencies. The GPMB is chaired by Dr Gro Harlem Brundtland, former Prime Minister of Norway and former WHO Director-General and Mr Elhadj As Sy, Secretary General of the International Federation of Red Cross and Red Crescent Societes,…

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Fewer Poor People are Saving: What Does That Mean for Microfinance and Mobile Money?

Fewer Poor People are Saving: What Does That Mean for Microfinance and Mobile Money? – NextBillion ©2018 NextBillion, All Rights Reserved. ©2018 NextBillion, All Rights Reserved. Subscribe to NextBillion Notes in September for a FREE GIVEAWAY Get NextBillion’s top articles, jobs, events – and a FREE chapter of ‘Social Value Investing: A Management Framework for Effective Partnerships,’ by Howard W. Buffett and William B. Eimicke – delivered to your inbox…

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Tinder Woes, Suspicious Landlords and Snarky Bosses: Young and Russian in D.C.

Not so long ago, the Russian émigré party scene in Washington was off the hook. Every weekend, promoters would throw Slavic night bashes at venues like Ozio on M Street and Eden on Farragut Square. Euro-pop beats pounded and vodka shots flowed. In 2013, Mari Vanna, a three-story restaurant and nightclub littered with Soviet-era kitsch, opened in DuPont Circle and became the Russian diaspora’s de facto party house. Its “KGB Karaoke” nights on Wednesdays raged into the morning hours. Top…

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Reduce heavy borrowing, Raila urges Uhuru :: Kenya

NASA leader Raila Odinga with his brother and East African Legislative MP Oburu Oginga during the house-warming ceremony of the MP’s son in Bondo, Siaya County, yesterday. [Collins Oduor, Standard] Orange Democratic Movement (ODM) leader Raila Odinga wants government to cease heavy borrowing in order to reduce the country’s debt burden He said the conversation must be created and concluded as fast as possible for Kenya to move on. ALSO READ: China in Africa: A reason for dread or celebration? Speaking in Bondo yesterday where he attended…

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Liz Peek: Angry Obama still doesn’t get it as he hits the campaign trail

President Obama is mighty confused. In a fiery campaign speech at the University of Illinois, the former president suggested that Donald Trump was elected in 2016 by the “powerful and the privileged.” He also railed at voters for failing to show up, and for permitting such a damaging “threat to our democracy.” But here’s the truth: it wasn’t the powerful elites that voted for Donald Trump in Michigan and Ohio. It was blue collar workers who felt they had been…

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Abu Dhabi issues new rules to ease business

The Department of Economic Development – Abu Dhabi (DED) issued two decisions aimed at facilitating the conduct of economic activities in the Emirate as part of the initiatives and incentives provided to the private sector enterprises. In its first decision, the DED modified the calculation mechanism of the billboards fees whereby the issuance and renewal of all kinds of economic licenses will be charged a fixed fee of Dh200 ($54.4). Moreover, the DED exempted the new licenses, whether commercial, industrial,…

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Lao PM holds up Nam Theun 2 dam as successful hydro model

“I think that in the future, the government will refer to the success of the Nam Theun 2 power plant, as it is a good model. [The government] is now inspecting and evaluating [hydropower] projects to ensure that they are the best possible,” he said, when meeting with World Bank officials last Friday.  The World Bank-backed Nam Theun 2 dam, which became operational in 2010, has an installed capacity of 1,070 MW and can generate 6,000 GWh a year,…

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Adeosun, Oteh, Adesina, 41 others for 2018 ASEA Conference :: Bestnaira.com

  Sun Sep 9th, 2018 – Lagos   The Minister of Finance, Ms. Kemi Adeosun, Vice President and Treasurer, World Bank and a former Director General of the Securities and Exchange Commission, SEC, Ms. Arunma Oteh, and former Minister of Agriculture and Rural Development, who now serves as the President of the African Development Bank are among some of the influential speakers billed to speak at this year’s African Securities Exchange Association (ASEA) Conference scheduled to hold in Lagos on…

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World Bank to provide $1B grants for Sinai developmentNile International

The World Bank commission in charge of following up with the Sinai Integrated Development Programme headed by Ashish Khanna and Minister of Investment and International Cooperation Sahar Nasr discussed on Sunday finalizing the measures necessary for $1B grants. The ministry also secured financing in the value of $2.5 billion from the Saudi Development Fund, the Kuwait Fund for the Arab Economic Development, and the Arab Fund for Economic and Social Development. Nasr stipulated that the political leadership sets the peninsula’s…

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