Tag: World Bank
Up to 150 million could join extreme poor, World Bank says
WORLD BANK
Up to 150 million people could slip into extreme poverty, living on less than $1.90 a day,...
IMF to grant $118.2 million credit facility to Mozambique to rebuild...
MOZAMBIQUE
The International Monetary Fund will grant Mozambique a $118.2 million credit facility to help it rebuild infrastructure after...
10 years after crisis, bank CEO pay swells again
UNITED STATES
Ten years after Wall Street recklessness helped lead to the Great Recession, compensation for top bank CEOs...
Decline in coffee prices is a major concern for farmers
In Ethiopia, the fall in world coffee prices to their lowest level is likely to lead to a drastic drop in production.
Iran mulls slashing four zeros from rial currency
IRAN
By Abdul Sadiq
Iran’s central bank has proposed slashing four zeros from the rial, following...
Tha African economy in 2019
AFRICA
By Mumbere Peter
Africa’s economic growth in 2018 will continue in 2019 in sub-Saharan Africa,...