KAMPALA, Uganda (AP) — The World Bank said it will not consider new loans to Uganda after the East African country earlier this year enacted an anti-gay bill that rights groups and others have condemned. The World Bank had deployed a team to Uganda … Read More
WASHINGTON, March 1 (Reuters) – The International Monetary Fund and World Bank on Tuesday said they were racing to provide billions of dollars of additional funding to Ukraine in coming weeks and months, adding the war there is creating “significant … Read More
WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen on Monday urged the adoption of a minimum global corporate income tax, an effort to at least partially offset any disadvantages that might arise from the Biden administration’s proposed increase in the … Read More
Pope Francis has officially called for “global governance” and held up the goal of “universal vaccines” in an April 4 letter—a letter in which God is mentioned only once, but vaccines mentioned three times. The letter was sent to the Spring 2021 virtual meeting … Read More
President Biden issued an executive order on Thursday to increase refugee admissions and allow the U.S. to set a goal of providing safe haven to 125,000 people around the world fleeing violence, conflict, and persecution during his first full fiscal … Read More
FILE – In this Thursday, Dec. 3, 2020 file photo, two-year-old Akon Morro, who is anemic and suffers from edema due to malnutrition, sits on the floor of a feeding center in Al Sabah Children’s Hospital in the capital Juba, … Read More
Venezuela’s state-run economic model wasted the world’s largest oil reserves. The country owes $100 billion to foreign creditors. Its educated, professional class has fled. Economic shock therapy, implemented in regions like the former Soviet bloc, could be its only chance. … Read More
LAST year, 22 central banks, situated largely to the east of Germany, bought the largest amount of gold since 1967 – the year that the London Gold Pool collapsed. The gold repatriations by many European countries of the last few … Read More
The three Northern Triangle nations have done little to provide for the poor. Central American refugees ride a cargo truck in Mexico. Photographer: Alejandro Cegarra/Bloomberg Honduras, Guatemala and El Salvador are, by all accounts, countries ravaged by gang violence, drug trafficking and … Read More
Central bank chiefs and finance ministers gathered in Fukuoka, Japan, for meetings of the Group of 20 were quick to welcome Trump’s move. President Donald Trump’s decision to drop plans for new tariffs on Mexico is rare good news for … Read More