World Bank

Kenya Asks World Bank for $740 Million Loan amid Growing China Debts

Kenya’s request this week for a $740 million loan from the World Bank, of which American taxpayers remain the largest stakeholders, has sparked outrage as the African country continues to deny its financial woes and accept gigantic sums of money from China to fuel its role in Beijing’s ambitious Belt and Road Initiative (BR).

Chinese President Xi Jinping (top R) and Kenyan President Uhuru Kenyatta (top L) attend a signing ceremony after their bilateral meeting during the Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on May 15, 2017. / AFP PHOTO / POOL / Etienne …

Gaza Sewage Plant Will Receive Electricity From Israel

Just a week after US congressmen pressed Israeli officials to provide sufficient electricity to Gaza’s sewage treatment plant, Deputy Defense Minister Eli Ben-Dahan said that the country is committed to meeting the facility’s increasing needs.

Photo dated 13 July 2006 showing power cables in Germany. A sudden weekend surge in demand for electricity in Germany 04 November 2006, due to freezing weather plunged much of Europe into blackness as France and other power exporting countries found their grids overtapped.