The Assad Family Fortune: A Billionaire Dictator’s Hidden Wealth Table of Contents The Assad Family Fortune: A Billionaire Dictator’s Hidden Wealth The Sources of the Assad Family’s Wealth The global Hunt for Assad’s Hidden Assets Assad’s Russian Refuge: A Safe haven for Millions? The International Implications Assad’s Lavish Lifestyle Exposed: Where Did Syria’s Billions Go? … Read more
Mexico City. In 2023, the Mexican population that lives on the equivalent of $6.85 and is classified in the poverty range will reduce by 1.0%, according to the report Recent trends in poverty and inequality in Latin America and the Caribbean released today by the World Bank. From 2021 to 2023, the segment living under … Read more
Mexico City. Over the next decade, 1.2 billion young people living in emerging and developing countries will reach working age. However, only 400 million jobs will be created, so it is necessary to boost entrepreneurship, said Ajay Banga, president of the World Bank. Within the framework of the 2024 Annual Meetings of the IMF and … Read more
It is imperative to address educational and skill gaps, among other investment and policy priorities, which could help accelerate growth to end poverty in Sub-Saharan Africa, according to the latest edition of Africa’s Pulsethe World Bank’s twice-yearly regional economic update released on October 14, 2024. With more than 500 million children between ages 0 and … Read more
New York. More than 1.1 billion people – one in every eight citizens of the planet – suffer from acute poverty, half of them children, the United Nations Development Program (UNDP) denounced this Thursday, warning that the situation is three times worse. in conflict zones. Acute poverty in conflict zones affects an average of 34.8 … Read more
Mexico is a leader among emerging countries in sustainable public finances, as its model is being replicated in other nations, acknowledged Rafael Muñoz, Principal Economist for Equitable Growth, Finance and Institutions for Mexico at the World Bank (WB). “The Mexican State has been building an institutional framework for sustainable finance, not only for the issue … Read more
LondonThe World Financial institution plans to challenge its first drought bond within the subsequent 12 to 18 months and increase its providing of disaster bonds to help international locations struggling devastation from storms and earthquakes, a senior financial institution govt mentioned. The drought bond can be a brand new instrument within the group of so-called … Read more
Santiago. The World Financial institution barely raised its financial progress forecast for Latin America and the Caribbean this Tuesday to 1.8 p.c in 2024, which compares with its April forecast of 1.6, however remains to be decrease than 2.2 final 12 months. The multilateral group continues, nonetheless, to anticipate a restoration subsequent 12 months, which … Read more
Washington. Changing the way food is produced globally reduces greenhouse gas emissions by almost a third, says the World Bank (WB) in a report published this Monday. “To protect our planet, we must transform the way we produce and consume food,” says the director general of the World Bank, Axel van Trotsenburg, in the preface … Read more
Washington. The World Bank (WB) maintains that the conflict between Israel and the Islamist group Hamas has caused about $18.5 billion in damage to the vital infrastructure of the Palestinian enclave of Gaza, according to a report released on Tuesday. This is equivalent to 97% of the combined Gross Domestic Product (GDP) of the occupied … Read more