World Bank

Lancet series calls on Canada for concrete action on Indigenous, global health

OTTAWA — Canada’s appalling record on Indigenous health is undermining its efforts to be a global health leader. That’s according to research published this week in one of the world’s oldest and most prestigious medical journals, which calls on Prime Minister Justin Trudeau to start backing up his lofty rhetoric with concrete action. The Lancet, a peer-reviewed journal founded nearly two centuries ago in the United Kingdom, is showcasing the Canadian medical system for the first time in a series of articles and commentary authored…

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Pakistan faces economic challenges for lackof consensus: WB | Pakistan | thenews.com.pk

Pakistan faces economic challenges for lackof consensus: WB BHURBAN: The World Bank’s Country Director Patchamuthu Illangovan said on Wednesday that challenges arising out on economic front because of lack of political consensus and next 10 years were crucial for Pakistan to set higher growth trajectory. “There are challenges arising out of lack of political consensus. Next 10 years are crucial for Pakistan where political consensus is required to overcome challenges,” the WB’s country director in Pakistan told journalists in a…

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Inside Fulani Settlements in Kebbi

The Verdict By Olusegun Adeniyi, Email: olusegun.adeniyi@thisdaylive.com From the Gayawa Fulani settlement in Birnin Kebbi local government where I encountered more than 200 children of school age whose parents are desirous that they be educated but seem helpless; to Ruggar-Era, another Fulani town in Argungu local government—where more than a hundred women gathered to receive me along with their young children who also have no school to attend—I came face to face with the contradictions of the Nigerian condition on…

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Apostolate for Filipino migrant workers to focus on kin

The Philippine Catholic bishops’ work for migrant workers should focus on families who are “paying the great price” of separation, a leading prelate says. “If there’s one thing that the Catholic Church should do for migrants, it is to strengthen its support mechanism to shield them,” said Bishop Buenaventura Famadico of San Pablo. The prelate who hosted this year’s observance of National Migrants’ Sunday said the steady increase in the number of Filipinos leaving to work abroad comes as a…

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‘A nightmare’: Banker tells tale of Latvian corruption

Latvia’s top banking official explained the “rules of the game” for successful banking in the small European country. His sidekick sat the owner of Norvik bank down, scribbling the sum on a piece of paper: 100,000 euros ($125,000) a month. An international complaint filed by Latvian bank Norvik alleges that a “Senior Latvian Official” repeatedly sought “to extort monetary bribes” and retaliated against the bank when its owners refused to pay up. The 39-page claim, filed before a World Bank…

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On money matters, judiciary showing restraint

SC has been sugges­ting altern­ative measur­es to avoid costin­g countr­y in intern­ationa­l arbitr­ation PHOTO: AFP ISLAMABAD: Though the superior judiciary led by Chief Justice Mian Saqib Nisar is under severe criticism due to some of its judgments in political matters, it is also getting appreciation for not interfering with financial issues. In the past, Supreme Court intervention in financial agreements has badly affected the country’s position before international courts. Likewise, Pakistan is facing billions of rupees in damages in different cases…

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Overseas remittances revive, $10 billion to Vietnam in 2017

VietNamNet Bridge – Contrary to all predictions, overseas remittances to Vietnam in 2017 increased by 10.4 percent, estimated at over $10 billion. Overseas remittance to Vietnam in 2017 increased by 10.4 percent The State Bank of Vietnam’s (SBV) HCMC Branch, in its report released in late 2017, showed that $4.55 billion had been remitted to HCMC from overseas by the end of November.  The overseas remittances mostly came from the US (60 percent) and Europe (20 percent). With the rate,…

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Macron pledges aid for historic Senegal city threatened…

By Afp Published: 11:08 EST, 3 February 2018 | Updated: 11:08 EST, 3 February 2018 French President Emmanuel Macron and Senegalese counterpart Macky Sall wave to the crowd French President Emmanuel Macron got a rousing welcome Saturday from tens of thousands as he visited the historic city of Saint-Louis, Senegal’s former capital, and announced an aid package of 40 million euros for the UNESCO World Heritage site which is threatened by coastal erosion from the Atlantic Ocean. Senegal’s second city…

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I’ve been wrongly labelled ‘corrupt’

Property has been ascribed to me as having been accrued from illicit gains from the so-called dam saga money. Of particular note is the ‘Kazibwe Dam Girls Hostel’ on Apollo Kaggwa Road behind Makerere University. I want to state categorically that this property does not and has never belonged to me. Ugandans can easily verify who the owner is. The unrelenting quest to tarnish my reputation – which I have illustriously built over time, was aimed at stifling my professional…

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New Manchester-India Partnership launched in UK to promote trade ties- The New Indian Express

LONDON: A new Manchester-India Partnership (MIP) aimed at connecting Indian companies with the northern regions of England has been set up to further trade, investment, science and innovation ties between India and Britain. The public-private initiative between India and Manchester, a core city of what has been termed as the Northern Powerhouse in Britain, is backed by the Confederation of Indian Industry (CII) and will have permanent full-time teams based in Manchester, Delhi and Bangalore.   Jim O’Neill, the economist…

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PH sees jump in ranking in World Bank’s ease of ‘getting credit’ report

The Philippines’ ranking in “getting credit” indicator of the World Bank’s annual ease of doing business report is expected to jump by 100 places once Congress passes the secured transactions systems bill, the Department of Finance (DOF) said yesterday. From last year’s rank of 142nd out of the 190 countries covered by the Washington-based multilateral lender’s report, the DOF said the country could move up to as high as 42nd place if both houses of Congress would fast-track the bill’s…

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Philippines’ estimated wealth climbs in 9 years, but ranks low among ASEAN states | Business, News, The Philippine Star

MANILA, Philippines — Filipinos’ wealth sharply grew in a span of nine years, although the Philippines ranked low compared to its neighbors in Southeast Asia, the World Bank said in a report. According to the World Bank’s The Changing Wealth of Nations 2018 report, estimated wealth per capita in the Philippines based on 2014 data surged to $30,823 — 56.48 percent higher than 2005’s $19,698. In the region, the Philippines settled behind Thailand ($62,599), Indonesia ($46,919) and Lao PDR ($39,307)…

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Chinese-built expressway divides Uganda as debts mount (VIDEO) | Money

Uganda says the four-lane road is the jewel in the crown of an infrastructure programme that will boost economic growth. — Screen capture via Reuters VideoKAMPALA, Feb 1 — Traffic will soar above the muddy swamp between Uganda’s capital and its international airport when a new Chinese-built highway opens in a few months’ time, but the road itself is mired in controversy. The government has partly funded the 51-km (30-mile) US$580 million (RM2.2 million) expressway with a loan, part of…

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Menace of drug resistance growing

This year’s Mahidol Awards put the spotlight on antimicrobial resistance – only the fourth global health issue ever to receive this level of attention. This week the Prince Mahidol Awards conference will bring a global spotlight to the threat of emerging infectious diseases. The growing challenge of antimicrobial resistance (AMR) will feature prominently in these discussions. The timing could not be better, but we urgently need to see more action on the part of the UN Interagency Coordination Group on…

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Metro – Nigeria: Today’s Newspaper Headlines [January 31, 2018] | Nigerian Bulletin

Here are some selected headlines in today’s newspaper, Wednesday, January 31, 2018. Headlines from Punch World Bank working with Nigeria to increase revenue generation FG to start building $5.8bn Mambila power plant Senate warns Nigerians against investment in bitcoins Senate to probe CBN, banks over illegal charges, deductions Senate suspends national security summit to honour Ekwueme Reps give Amaechi 72hrs to produce $195m contract documents 2019: INEC to announce results electronically EFCC can’t probe states’ accounts without Assembly’s nod —…

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Panama Papers scandal: Tax amnesties bring huge windfalls after inter-country info sharing pact | Top Story

Panama Papers scandal: Tax amnesties bring huge windfalls after inter-country info sharing pact Special report KARACHI: Equipped with international tools for transparency, an increasing number of countries have launched or are weighing bringing in innovative tax amnesty schemes to net dodgers, repatriate assets from tax havens and build and document their economies, a Jang-The News study shows. About 25 countries had in different eras offered tax amnesty programmes but with minimal success, before 2016, when the so-called Panama Papers detailing…

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