by AIP Online Bureau | Nov 8, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, International News, Non-Life, Reinsurance
World president David Malpass said announced the new instrument, called the Global Shield Financing Facility, at a meeting with German Chancellor Olaf Scholz, who has spearheaded the effort among G7 members to create a program to give vulnerable countries access to...
by AIP Online Bureau | Oct 14, 2022 | Eco/Invest/Demography, International News
All of the problems that people have taken note of, the inflation problem, the interest rate rises, and the cutoff of capital flows to the developing world hits the poor hard, he said, adding that’s a huge challenge for the bank Washington: World Bank President...
by AIP Online Bureau | Oct 6, 2022 | Eco/Invest/Demography, Health, International News, Pandemic
The COVID-19 pandemic marked a historic turning point after decades of poverty reduction, the report said, with 71 million more people living in extreme poverty in 2020. That meant 719 million people – or about 9.3% of the world’s population – were...
by AIP Online Bureau | Sep 15, 2022 | Eco/Invest/Demography, International News, Non-Life
“Global growth is slowing sharply, with further slowing likely as more countries fall into recession,” World Bank President David Malpass said, adding his worry that these trends would persist, with devastating consequences for emerging market and...
by AIP Online Bureau | Jul 17, 2022 | Eco/Invest/Demography, International News, Pandemic, Policy
Citing World Food Programme data, the joint statement said the number of acute food insecure people increased to 345 million in 82 countries “Making matters worse, around 25 countries have reacted to higher food prices by adopting export restrictions affecting...