World Bank

Palestine succession hot topic at PLO meeting

Ramallah: A series of illnesses that sent Palestinian National Authority (PNA) president Mahmoud Abbas to the hospital has put the 83-year-old leader under renewed pressure to designate a successor, a decision he’s still resisting. Abbas will outline his vision for contending with hostility from the Israeli regime, Hamas and the Trump administration at a meeting of the Palestine Liberation Organisation’s (PLO) Central Council in Ramallah, that starts on Wednesday. More relevant to the governing body’s 135 delegates may be how…

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It’s time to chase away current govt. – JO

Time has arrived to chase away the current government, say the MPs representing the Joint Opposition. They made this statement addressing a convention held yesterday (14) for the 39th commemoration of late Dr. N. M. Perera. When the rupee is depreciating by the day and the cost of living is going up, what else can be done other than chasing away the current government, questions JO Leader Dinesh Gunewardena. General Secretary of the Lanka Sama Samaja Party Prof. Tissa Vitharana…

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“What’s the point of being rich, if you can’t help the poor” | Asian Pacific Post

By Fabian DawsonMata Press Service   As India celebrates its 72nd Independence Day, the headlines boasting the country’s emerging economic prowess, don’t mean much to Prem Kumar Khullar. “What’s the point of being rich, if you can’t help the poor,” asks Khullar, a retired Indian air force squadron leader, who leads a small army fighting poverty, malnutrition and illiteracy in India. The International Monetary Fund this month said India’s economy is one of the world’s fastest-growing economies—accounting for about 15…

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Finland’s Education System: The Journey to Success

When Finnish students scored amongst the top in the Programme for International Student Assessment (PISA, a very influential international assessment administered by the OECD) in 2001, many people in the field of education were intrigued. How could this small nation, which had not been characterized by surprisingly high results in the past, be on the top? Finns themselves were surprised. When students continued scoring above expectations year after year, educators and leaders all over the world began studying the country…

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Narendra Modi: View: Has doing business got easier?

Would it be easier to do business in India on August 15, 2018, than it was on August 15, 2017? The World Bank’s (WB) Ease of Doing Business rankings, to be released later this year, could well have the last word. Despite some nitpicking over its methodology, the political establishment takes it quite seriously. The rankings have a brand value, making policymakers a trifle nervous. In their informal interactions with the WB team, policymakers have underscored the need to close…

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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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