World Bank Report

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Analysis: China casts giant shadow over emerging nations' chase for debt relief

Reuters 04 Jul 2022

A working paper of the National Bureau of Economic Research in the United States found half of the 5,000 loans and grants extended to 152 countries from 1949 to 2017 have not been reported to the IMF or the World Bank, despite China being a member of both multilaterals.

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Suez Canal records highest ever annual revenue of $7 bn

The New Arab 04 Jul 2022

Soaring world commodity prices helped push Egyptian inflation to a three-year high of 15.3 percent in June, according to official figures. In late March, the Central Bank of Egypt allowed the Egyptian ... Last week, Egypt announced it is set to receive $500 million from the World Bank.

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Papua New Guinea begins voting in key elections

Al Jazeera 04 Jul 2022

Nearly 40 percent of the population lives below the international poverty line, according to a 2020 report by the World Bank. The resources- and agriculture-dependent economy posted a “weak recovery” last year, the Asian Development Bank said, after being battered by the COVID-19 ...

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GST at 5: Succeeded, but long way to goAt midnight five years ago, the Indian ...

Deccan Herald 04 Jul 2022

Did GST succeed? If it did, to what extent? What are the issues that still persist and what is the way forward? ... Did GST succeed? ... Revenue buoyancy for states ... According to World Bank’s biannual ‘India Development Update Report’ released in 2018, most countries have a single GST rate whereas our regime is among those with the highest in the world ... GST.

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Analysis-China casts giant shadow over emerging nations’ chase for debt relief

FX Empire 03 Jul 2022

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PM Modi’s suggestion to curb proxy teachers in village schools: Photos of permanent ones in classrooms

Indian Express 03 Jul 2022

In 2018, a World Bank report on India had highlighted the problem of proxy teachers, where teachers employed by the government illegally send others to teach on their behalf ... In 2018, a World Bank report on India had highlighted the problem of proxy teachers, where teachers employed by the government illegally send others to teach on their behalf.

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NGSA, NMCO, Emerged Truth-Afrique 2022 Mining Sector Impactful Entities

This Day 03 Jul 2022

He called on states to collaborate with the federal government to realise set goals, and quoted a World Bank poverty assessment report titled, “A Better Future for All Nigerians.

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July Fourth: So Much More than Burgers and Beer

The Pilot 03 Jul 2022

This July 4th the world, USA included, suffers inflation, a barely contained pandemic, political rancor and disturbing news from the committee investigating that January riot ... Our hospital looks like a resort hotel; U.S.News World Report ranked it fifth statewide, behind Duke and UNC facilities.

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Motor insurance: For a smooth ride in the monsoon

Financial Express 03 Jul 2022

By Ashwini Dubey. The monsoon rainfall has started, and so have traffic jams, waterlogging and reduced visibility ... If we talk about the state of road accidents in India, the stats are alarming. As per the recent report by the World Bank, India only has 1% of the world’s vehicles but ranks the highest when it comes to deaths by road accidents.

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Are we going to experience 1970s stagflation? The answer isn't so simple

Canoe 02 Jul 2022

In early June, the World Bank dramatically downgraded its projections for the ... As the World Bank pointed out in its report, the last period of stagflation required interest rates so high that the world tumbled into a recession that left a number of countries in financial crisis.

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Laos Faces Debt Crisis After Borrowing Billions From China

Beijing News 02 Jul 2022

According to a World Bank report published in April, preliminary estimates indicated that Laos' total public and publicly guaranteed debt reached 88% of gross domestic product in 2021 ... According the lab's statistics, the total value of Laos' public debt to China is about $12.2 billion, substantially higher than the World Bank calculation.

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Asian shares lower after pessimistic Tankan survey

Taipei Times 02 Jul 2022

Asian benchmarks were mostly lower on Friday, echoing a decline on Wall Street, after a quarterly report by Japan’s central bank rekindled worries about the world’s third-largest economy ... “The Bank may wait until the Q3 survey is released before stepping away from its ultra-dovish setting,” he said in a report.

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AS I SEE IT: Fourth of July Celebrations

The World 02 Jul 2022

When I went to work at Western World (second photo) as a cub reporter in 1959, just 19 years old, we were in the First National Bank building (now the Masonic building at the end of Second Street), where the paper had been since 1922 ... The First National Bank building was one of a ...

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How Zinnov’s GCoE Accelerator model speeds up globalisation and reduces risk for businesses across sizes, ...

Your Story 02 Jul 2022

And India in particular has risen to become a hotspot for setting up world class GCoEs ... In fact, according to the World Bank’s Doing Business Report (DBR) of 190 Countries, India moved up from 142nd position in 2014 to the 63rd position as of 2020 ... In a world where time is of the ...

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Retrieving a lost transportation solution

The Manila Times 01 Jul 2022

As early as April, a World Bank report deemed progress on Quezon Avenue BRT project "unsatisfactory," in that there had been absolutely none ... The BRT system could have been developed even earlier, the World Bank's report revealed, if the Duterte administration had not put a hold ...