Venezuela quakes caused $19.6 billion in damage, World Bank report shows
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Venezuela quakes caused $19.6 billion in damage, World Bank report shows
Washington, July 23 (TAP) - Two earthquakes that rocked Venezuela on June 24 caused $19.6 billion in direct physical damage, but the cost of rebuilding could be twice that much or more, the World Bank said in an early assessment released on... ... »»»
Hotel groups Hilton and Marriott announce African expansion plans
US hotel chains Hilton and Marriott have announced African expansion drives to tap into the continent's rapid tourism growth. Rising business and leisure travel on the continent has made it increasingly attractive for multinational companies and Hilton said on Wednesday it plans to more than triple»»»
Muhammad Yunus, the Nobel laureate, tasked to lead Bangladesh out of crisis
The Nobel laureate is expected to bring back peace, revive the economy and pave way for free and fair elections. Bangladesh’s Nobel laureate Muhammad Yunus has been asked to head the interim government in the wake of the political crisis that saw Prime Minister Sheikh Hasina flee the country on Mon»»»
Banga calls for expanding mandate of World Bank
GANDHINAGAR: Six week into his new role, the World Bank’s India-born president Ajay Banga on Sunday called for expanding the multilateral agency’s mandate beyond poverty eradication and called for ways to tap in the pool of private capital to boost lending efforts.“I’ve been six weeks in this job a»»»
World Bank approves USD 363 mln to improve drinking water supply in Karnataka
Washington [US], March 29 (ANI): The World Bank's Executive Board of Directors approved a USD 363 million loan to Karnataka to provide clean drinking water supply to two million rural households in the state through a piped water connection.The loan has a maturity of 13.5 years including a grace pe»»»
Resolving the gender-gap in the workforce through a more flexible approach Also In
Theresa J. Whitmarsh, former CEO of the Washington State Investment Board, once said, “If you exclude 50 percent of the talent pool, it is no wonder you find yourself in a war for talent.” This statement still holds true today and highlights the role companies need to play in enabling equality to t»»»
India's ambition requires more than growth
In his Independence Day address on Monday, Indian Prime Minister Narendra Modi vowed to make India a developed country in 25 years, the 100th anniversary of its independence from British colonial rule, saying that the government will roll out policies supporting the development of energy, national »»»
Climate change could cause 216 million to migrate, World Bank warns
The bank estimates that by 2050, internal migrants due to climate change could hit 86 million in sub-Saharan Africa. Reduced agricultural production, water scarcity, rising sea levels and other adverse effects of climate change could cause up to 216 million people to migrate within their own countr»»»
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