World Banks Say Economic Shocks Have the Greatest Impact on the Poorest Nations
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
World Banks Say Economic Shocks Have the Greatest Impact on the Poorest Nations
World Banks Say Economic Shocks , Have the Greatest Impact , on the Poorest Nations .
According to the World Bank,
the poorest countries in the world stand to
lose the most from a faltering global economy.
'The Guardian' reports that the Washington-based body
warned that the international community was failing
to reach the UN’s 2030 anti-poverty development goals.
The world economy is
in a precarious position, Indermit Gill, World Bank chief economist, via 'The Guardian'.
The World Bank also warned that
the world was at risk of a fresh debt crisis
across the world's most vulnerable nations.
Outside of east and south Asia,
it is a long way from the dynamism
needed to eliminate poverty, counter
climate change, and replenish human capital, Indermit Gill, World Bank chief economist, via 'The Guardian'.
Despite revising up 2023 growth forecasts, the global
economy continues to struggle as the impact of rising interest
rates in wealthy nations ripples out to poorer countries.
Despite revising up 2023 growth forecasts, the global
economy continues to struggle as the impact of rising interest
rates in wealthy nations ripples out to poorer countries.
In emerging markets and developing
economies, debt pressures are growing
due to higher interest rates.
Fiscal
weaknesses have already tipped many
low-income countries into debt distress.
, Indermit Gill, World Bank chief economist, via 'The Guardian'.
In emerging markets and developing
economies, debt pressures are growing
due to higher interest rates.
Fiscal
weaknesses have already tipped many
low-income countries into debt distress.
, Indermit Gill, World Bank chief economist, via 'The Guardian'.
According to the global economic
prospects report, 2023 is forecast
to see just 2.1% growth globally.
That number is down from
3.1% in 2022 and 6% in 2021.
Meanwhile, the financing needs to achieve
the sustainable development goals are far
greater than even the most optimistic
projections of private investment, Indermit Gill, World Bank chief economist, via 'The Guardian'.
Meanwhile, the financing needs to achieve
the sustainable development goals are far
greater than even the most optimistic
projections of private investment, Indermit Gill, World Bank chief economist, via 'The Guardian'
UN Warns Global , Wildlife Crime , Driving Global Extinctions.
'The Guardian' reports that over
4,000 species from around the world
are the targets of wildlife traffickers. .
According to a United Nations report,
this causes "untold harm upon nature.".
The report found that 40% of all
the animals targeted are on the red list
of threatened or nearly threatened species.
The UN Office on Drugs and Crime (UNODC) report
found that the trade, driven by demand for medicine,
pets and trophies, is active in over 80% of countries.
Despite gaps in knowledge
about the full extent of wildlife
trafficking and associated crime,
there is sufficient evidence to
conclude that this remains
a significant global problem
far from being resolved, UNODC report, via 'The Guardian'.
Despite gaps in knowledge
about the full extent of wildlife
trafficking and associated crime,
there is sufficient evidence to
conclude that this remains
a significant global problem
far from being resolved, UNODC report, via 'The Guardian'.
According to the report, the largest
number of individual seizures involved
corals, large reptiles and elephants.
According to the report, the largest
number of individual seizures involved
corals, large reptiles and elephants.
According to the report, the largest
number of individual seizures involved
corals, large reptiles and elephants.
Wildlife trade was found to be the driving
factor in both local and global extinctions,
including rare orchids, reptiles and fish.
Wildlife crime inflicts untold harm
upon nature, and it also jeopardizes
livelihoods, public health, good
governance and our planet’s
ability to fight climate change, Ghada Waly, Executive director of UNODC, via 'The Guardian'.
Researchers warn that wildlife crime is often
linked to organized crime, with corruption playing a critical role in impeding efforts to stop trafficking. .
'The Guardian' reports that this corruption can
take the form of bribes paid to inspectors and
government officials in exchange for fake permits.
Credit: Wibbitz Top Stories Duration: 01:31Published
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RFK Jr. Speaks About , Past Health Incidents , Including Brain Parasite.
CNN reports that Robert F. Kennedy Jr. offered his first public
explanation of a medical abnormality he experienced in 2010, which
he said was the result of a parasite that entered his brain and died. .
While speaking on the podcast 'Pushing the Limits with Brian
Shapiro,' Kennedy said the experience involved "brain fog" and
"having trouble with word retrieval and short-term memory.".
According to the Independent presidential
candidate, doctors initially told him they
thought he had a tumor in his brain. .
A second docotor revealed that "this is almost certainly
a parasite that got into your brain … it’s a parasite that’s very
common in India where I had done a lot of environmental work.”.
Stefanie Spear, a spokesperson for Kennedy’s campaign,
said he had “traveled extensively in Africa, South America
and Asia” while working as an environmental advocate.
When asked how the condition could impact his presidential bid,
Spear said, “The issue was resolved more than 10 years ago and he
is in robust physical and mental health. Questioning Mr. Kennedy’s
health is a hilarious suggestion, given his competition.".
In the same podcast, Kennedy detailed another experience
he had with mercury poisoning, which he said occurred
near the same time as the incident with the parisitic worm.
Kennedy said tests revealed "sky high" levels of mercury
in he blood, forcing him to undergo chelation therapy
to have the metals removed from his body.
At the same time, I was having my mercury tested,
and I was getting all kinds of tests, and my mercury
test came back sky high. So, ten times what,
you know, the EPA levels were for blood mercury,
I think it was. They were over ten times what–
what anybody considered safe. And I had that
chelated out and all of that brain fog went away, Robert Kennedy Jr., via CNN.
CNN reports that Kennedy insisted that he has
since made a full recovery from both health scares
Credit: Wibbitz Top Stories Duration: 01:31Published
After 15 days, Dubai's rains have returned, with the issuance of an Orange Alert for Adverse Weather Conditions. Unfavorable weather has caused major disruptions to flight operations and rain services.
Additionally, the MeT predicts that although it will affect other parts of Asia, the weather will start to improve on May 4.
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Mumbai Becomes Asia's , Billionaire Capital , on Global Rich List.
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list. .
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list. .
According to the Hurun Research Institute's
global rich list, India's financial capital
registered 92 billionaires in 2024. .
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97. .
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97. .
According to the report, there are a total
of 3,279 billionaires globally in 2024,
an increase of 5% compared to 2023. .
NBC reports that China as a whole still has the
most billionaires overall with 814 in 2024, but
the country lost 155 billionaires compared to 2023. .
China had a bad year.
Wealth creation in China has gone
through deep changes these last few
years, with the wealth of billionaires
from real estate and renewables down, Hurun Research Institute's global rich list report, via NBC.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
According to the report, artificial intelligence
played a significant role in increasing the
number of ultra wealthy people in the U.S. .
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
... the billionaires behind Microsoft,
Google, Amazon, Oracle and Meta
have seen significant surges in
their wealth as investors bet
on the value generated by AI, Hurun Research Institute's global rich list report, via NBC
Credit: Wibbitz Top Stories Duration: 01:31Published
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Report Suggests Transition , Away From Fossil Fuels , Won't Be Economically Catastrophic.
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