Poverty and Development

Africa

‘Tragic combination’: Millions go hungry amid Brazil COVID crisis | Coronavirus pandemic News

Sao Paulo, Brazil – Ana Maria Nogueira adds one bacon-flavoured seasoning cube to the pot of rice simmering on the…

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Middle East

Amina Mohammed: ‘A woman as president of Nigeria would be great’

The UN deputy secretary-general discusses the key issues affecting women in her home country and around the world. Credit

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Latin America

A fair shot: World Bank, WHO urge unity in global vaccine efforts | Banks News

Even after vaccinations are widespread, a small coronavirus outbreak anywhere has the potential to jeopardise economic gains and recovery everywhere,…

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Asia

Powell: Economy will not be confident until world is vaccinated | Banks News

Viruses do not respect borders, and until the world is fully vaccinated against the coronavirus, the global and United States…

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Middle East

Lost bout: Kenyan boxers’ struggle with depression and poverty | Boxing News

Nairobi, Kenya – Suleiman Wanjau Bilali, one of Kenya’s finest boxers with medals at international events, has been in and…

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Asia

‘Vaccine policy is economic policy,’ IMF chief stresses | Business and Economy News

Both the IMF managing director and World Bank president expressed alarm over growing global economic inequality on Wednesday after a…

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Africa

IMF lifts growth for developing nations, warns of uneven recovery | Business and Economy News

Updating growth for developing countries to 6.7 percent in 2021, the International Monetary Fund warned that many outside Asia will…

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Africa

Race to the bottom: Yellen makes case for global minimum tax rate | Business and Economy News

A global minimum corporate tax rate can help ensure everyone pays their fair share and will prevent companies from fleeing…

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Africa

Dangerous divergence: US, China seen growing faster than others | Coronavirus pandemic News

The world economy is on course for its fastest growth in more than a half century this year, yet differences…

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Middle East

Can you really argue with a racist?

Geneticist Adam Rutherford and economist Faiza Shaheen discuss race, class and the fight against prejudice. Credit

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Asia

IMF chief predicts faster global recovery, warns fight isn’t over | Business and Economy News

IMF Managing Director Kristalina Georgieva said that the United States’ $1.9 trillion support package and rising confidence from increased vaccinations…

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Africa

Brazilians thrown back into poverty as COVID aid dries up | Business and Economy News

Tatiana Araujo de Sirqueira, a 33-year-old single mother of six, and Brazilian President Jair Bolsonaro are almost neighbours, but they…

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Middle East

Biden suggests creating initiative to rival China’s Belt and Road | Business and Economy News

US President Joe Biden says he suggested that democratic countries band together to fund infrastructure in less developed countries during…

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Middle East

Sudan to access $2BN in World Bank grants after settling debts | Debt News

Sudan is still seeking relief from some $56bn in external debt owed to international financial institutions, official bilateral creditors and…

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Europe

Pandemic Evictions | Banks News

11:17 From: Fly on the Wall “You think this will never happen to you because supposedly you are middle class.…

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Middle East

Yellen spars with GOP senator on IMF help for poor countries | Coronavirus pandemic News

Treasury Secretary Janet Yellen is facing fierce Republican opposition for supporting a major expansion in funding for the International Monetary…

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Middle East

UAE to invest $10bn in Indonesia’s new sovereign wealth fund | Agriculture News

The funds will be used for infrastructure, tourism, agriculture and other ‘strategic sectors’, UAE’s state news said. The United Arab…

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Africa

G7 agrees to back IMF reserve boost to help poorer nations | Business and Economy News

The United Kingdom said the G7 agreed to support a ‘sizable’ increase to Special Drawing Rights, an internal currency used…

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Europe

Nigeria university strike caused ‘crisis’ for small businesses | Business and Economy News

Ilorin, Nigeria – Last March, tricycle taxi driver Murtadoh Alfa, 33, never imagined that the declaration of a two-week academic…

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Asia

COVID pushed 32 million Indians out of middle class: Pew research | Coronavirus pandemic News

Number of Indians in the middle class, or those earning between $10 and $20 a day, shrank by about 32…

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Africa

World Bank rolls out COVID vaccine funds for poor Asian nations | Coronavirus pandemic News

Afghanistan to receive $113m, Bangladesh $500m and $75m for Nepal to vaccinate their populations against the pandemic. The World Bank…

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Europe

Lebanon: Anger mounts over economic crisis as politicians dawdle | Business and Economy News

Pharmacies shutting and petrol stations rationing scarce fuel supplies as the country plunges deeper into economic collapse. Pharmacies went on…

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Middle East

Venezuelan officials knew of deal Citgo 6 were jailed for: Report | Business and Economy News

Six executives of United States oil refiner Citgo have been jailed in Caracas on graft charges since 2017, but court…

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Latin America

Lebanon: Aid to be disbursed in dollars as Lebanese pound crashes | Business and Economy News

The European Union, United Nations, and World Bank confirmed a deal between Lebanon’s central cank and its deputy prime minister…

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Middle East

Syria’s Assad offers stimulus to public workers as crisis deepens | Bashar al-Assad News

Nearly 80 percent of Syrians live in poverty and 60 percent are food insecure, according to the United Nations. Amid…

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Asia

‘We cannot be wasteful’: Syrian crisis spurs aid innovations | Bashar al-Assad News

Millions of Syrians who sought refuge in neighbouring countries in the 10 years since the war began in their homeland…

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Middle East

Quad goals: US, Indo-Pacific allies to up India’s vaccine output | Business and Economy News

United States President Joe Biden and fellow leaders of the Indo-Pacific group known as the Quad have announced a plan…

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Asia

Nobel Prize economists call for vaccine equity and debt relief | Business and Economy News

Nobel Prize-winning economists Joseph Stiglitz and Michael Spence are spearheading calls for urgent action to help poorer countries recover from…

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Middle East

Venezuela’s new stations offer fuel, liquor to those who can pay | Business and Economy News

Venezuelan President Nicolas Maduro has been quietly handing over dozens of run-down gasoline stations to local entrepreneurs who turn them into flashy…

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Middle East

Lebanon: A State in Collapse?

Lebanon was already in crisis when a huge explosion devastated Beirut in 2020, so what kind of recovery is possible?…

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Middle East

Poll: Four in 10 Americans still feel economic pain of pandemic | Business and Economy News

Roughly four in 10 Americans say they’re still feeling the financial impact of the loss of a job or income…

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Asia

Wealthy Americans fare better in the pandemic, new survey shows | Coronavirus pandemic News

The coronavirus pandemic has exacerbated economic inequalities across race, ethnicity and education levels, a new survey by Pew Research Center…

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Europe

Lives of youth ‘in jeopardy’ in Middle East, North Africa: UNICEF | Arab Spring News

A decade since Arab Spring protests rocked the Middle East and North Africa, many of its youth are in need…

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Europe

How is extreme poverty being measured in China?

President Xi Jinping declares victory over destitution, but critics question poverty bar and project sustainability. Aj Europe

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Europe

G20 nations warn uneven vaccine roll-out could stall recovery | Business and Economy News

‘We will not get back to our normal lives until the virus is eradicated in all countries,’ Italy’s Minister of…

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Africa

India’s economic recovery on track as COVID crisis slowly ebbs | Business and Economy News

The finance ministry said GDP data reflects a V-shaped recovery but also warned that India is not yet past the…

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Africa

GameStop has deja vu, Iraq reflects on oil and Martian winds blow | Business and Economy News

It’s the final week of February, and if you’re anxiously awaiting those first little signs of spring, you’re not alone.…

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Asia

Yellen backs new allocation of IMF’s currency to aid in recovery | Government News

The global economy is at risk of a ‘dangerous and permanent divergence’, the secretary of the US Treasury warned G20…

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news

China’s Xi declares ‘complete victory’ against rural poverty | Business and Economy News

China says about 98.99 million people in countryside have been lifted out of poverty in the last eight years. China’s…

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news

J&J submits one-shot COVID vaccine for WHO emergency use approval | Coronavirus pandemic News

Johnson & Johnson says an emergency use listing is critical for supplying vaccines to poor and middle-income countries through the…

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Asia

Free sanitary products in NZ schools to beat period poverty | Gender Equity News

Research shows that one in 12 young people skipped school because they did not have access to sanitary products. New…

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