Tag Archives: World Bank

The World Bank’s updated Groundswell report released today finds that climate change, an increasingly potent driver of migration, could force 216 million people across six world regions to move within their countries by 2050. Hotspots of internal climate migration could emerge as early as 2030 and continue to spread and intensify by …

Special Desk Lebanon is in the grip of one of the worst economic crises it has seen in recent years and the World Bank says the financial crisis could rank among the world’s three worst since the mid-1800s. The currency has lost more than 90% of its value and unemployment …

Special Desk Worried over plunging currency hundreds of angry Lebanese took to the streets and dozens of them got injured. Since 1997, pound has been pegged to the dollar at 1,507. Lebanon’s national currency plunged to a new record low on the black market against the dollar recently, as an …

Jubilee News Desk COVID-19 pandemic is likely to bring 150-million people in extreme poverty, said the World Bank. It is estimated that covid may push an additional 88 million to 115 million people into extreme poverty this year, with the total rising to as many as 150 million by 2021, …

News Desk Business that are reeling under pressure since the COVID-19 pandemic hit the country can have some hope with the world bank decision to help them. The loss of skill labour and also slump in demand even after the lockdown opened kept the sector thinking about reforms and way …