The United Nations Development Programme (UNDP) is facing allegations of fraud and corruption linked to the multibillion-dollar Global Environment Facility, the Financial Times revealed Tuesday.
The lockdowns established to counter the spread of the coronavirus have pushed 100 million more people into “extreme poverty,” Vatican News announced Saturday.
U.N. Secretary-General Antonio Guterres renewed his call for “more robust global governance” Wednesday, adding the World Bank and the International Monetary Fund (IMF), regional authorities such as the African Union and the European Union (E.U.) to a list of organizations he says can bring “order” to a future world disrupted by the coronanvirus pandemic.
Pakistani Prime Minister Imran Khan on Monday called upon wealthy nations to finance a more extensive rescue package for developing economies in the wake of the coronavirus pandemic.
Tanzanian President John Magufuli on Wednesday called for international lenders, particularly the World Bank, to forgive existing African loans instead of offering new loans to help rebuild the continent’s economies after the Wuhan virus pandemic.
“Send more money” was the blunt plea Friday from the Group of 20 (G20) wealthy countries seeking funds for an emergency committee headed by the World Bank and World Health Organization (W.H.O.) to combat the global Chinese coronavirus pandemic.
Now is the time for global leaders to create one world government to tackle the twin medical and economic crises caused by the Chinese coronavirus pandemic, former UK Prime Minister Gordon Brown urged on Thursday.
Iran’s Central Bank announced Wednesday that the nation would rename the national currency, the rial, as the “toman” and “delete four zeros” from its value.
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).
The search is underway for President Trump’s next pick for United States ambassador to the United Nations, and experts say that a top priority for him or her should be to reduce waste of U.S. taxpayer funds at the UN.
President Donald Trump announced on Wednesday that he has named David Malpass to run the World Bank he has advocated to reform.
President Donald Trump will announce outspoken critic David Malpass as the U.S. nominee for president of the World Bank on Wednesday.
The United States is in the grip of frigid winter weather but the New England Journal of Medicine is warning this month that the World Health Organization’s (WHO) 2014 prediction of 250,000 deaths each year between 2030 and 2050 from global warming may underestimate the threat.
The White House is considering former PepsiCo CEO Indra Nooyi for the role of World Bank president, according to reports.
A Treasury Department spokeswoman would not confirm or deny the news, telling the Times that they had “a significant number of recommendations for good candidates.”
What happens when our economic nationalist president gets to pick the head of one of the world’s top globalist institutions? We may be about to find out.
Pope Francis has once again denounced an “ecological crisis” sweeping the world, which is allegedly producing a “growing exodus of climate migrants and environmental refugees.”
The World Bank is allowing Kabul to use the Afghanistan Reconstruction Trust Fund (ARTF), financed by American taxpayer money estimated in the billions, to pay for “dysfunctional” projects and possibly even “ghost workers,” a U.S. watchdog agency announced Wednesday.
A study released this week found that fewer people adhered to religion in places where there are more government services available.
Most of the world’s deadliest pollution is concentrated in the Third World, largely among poor households which have little or no access to electricity produced by fossil-fuel power.
The World Bank has transformed itself from an international financial institution into a prophet of climate fallout, predicting in a new report that more than 143 million people will be forced to migrate by 2050 thanks to climate change.
JABALIYA, Gaza Strip — An explosion has struck the convoy of the Palestinian prime minister during a rare visit to Gaza, sparking fears of an assassination attempt.
The cost of rebuilding Iraq after nearly three years of the U.S.-backed war waged by local troops against Islamic State (ISIS/ISIL) jihadists is expected to exceed $88 billion, Iraqi officials reportedly told international donors.
Environmental activists should stop talking about global warming because no one cares. Instead they should talk about stuff that tugs at the heart strings, like cancer, kids with asthma, and “25,000 people dying every day from pollution.”
The World Bank has ranked post-referendum Britain the seventh-best country in the world to do business, well above EU rivals France and Germany.
Federal Reserve Vice Chairman Stanley Fischer is resigning from his role at the central bank for “personal reasons.”
UNITED NATIONS — President Trump’s daughter Ivanka went to the U.N. Friday for a private lunch with Secretary-General António Guterres — in what she later said was a discussion on “women’s economic empowerment, entrepreneurship, and workforce development.”
New York Magazine has just broken the world record for the scariest, most catastrophic, hysterical exercise in extravagant climate doom-mongering in the history of the universe.
Two Arab countries have pledged to donate $100 million towards a fund designed for women entrepreneurs proposed by the president’s eldest daughter and adviser Ivanka Trump, according to a report.
Egyptian President Abdel Fattah al-Sisi left Cairo for Washington on Saturday where both sides will seek a renewed relationship after tensions over Sisi’s crackdown on opponents.
A requirement to spend 0.7 per cent of Gross Domestic Income (GDI) on foreign aid means the United Kingdom is now dumping billions of pounds as the Department for International Development (DfID) scrambles to meet the target.
Contents: India-Pakistan belligerent war of words continues to escalate; World Bank declines to mediate Pakistan-India water dispute; India celebrates its 1971 victory over Pakistan
Contents: India’s Narendra Modi threatens to divert water from Pakistan to India’s farmers; Dangerous tensions continue in Kashmir; India says that Modi’s ‘demonetization’ program reduced Kashmir violence
Contents: African nations furious over possible collapse of climate change agreement; The ‘science’ of climate change
Saudi Arabia has been in turmoil after an economist published a research paper showing that 1.1 trillion riyals (more than US$250 billion) have disappeared from the state budget without a trace.
Jihadists, including aspiring suicide bombers, who have been recruited by the Islamic State are likely to be well-educated and relatively wealthy, according to a study by the World Bank.
Sweden could solve their migrant problem by creating a new state-within-a-state where national laws don’t apply and sending thousands of migrants and so-called refugees there, the incoming chief economist of the influential World Bank has said.
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.
A major crossing point between Gaza and Israel is set to reopen for the first time in nine years, the Israeli government announced Wednesday.
The World Bank 2016 Edition of World Development Indicators reports that extreme poverty was cut in half from 1.4 billion to 700 million over the last decade.