WEALTHY COUNTRIES FAILING AFRICA DURING PANDEMIC, PRESIDENTS SAY

Wed 20 May 2020: Wealthy countries are failing Africa, with pledges of financial support and debt relief falling well short of the continent’s needs as it battles the COVID-19 pandemic, several African presidents have said.  Developed economies have channelled trillions of dollars into health initiatives and economic stimulus at home. But the presidents – from […]

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WORLD BANK WARNS CORONAVIRUS PANDEMIC COULD PUSH 60 MLN INTO EXTREME POVERTY

Wed 20 May 2020: (AFP) The head of the World Bank warned on Tuesday that the coronavirus crisis threatens to push some 60 million people into extreme poverty, wiping out the gains made over the past three years. The global lending institution is already financing aid programs in 100 countries, under its commitment to spend […]

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GERMANY AND NEIGHBORS AGREE TO GRADUALLY REMOVE BORDER RESTRICTIONS

Wed 20 May 2020: German chancellor Angela Merkel and the central European leaders on Tuesday agreed on gradually reopening border crossings and lifting controls as soon as the coronavirus pandemic allows. The announcement came after Merkel and the Prime Ministers of the Visegrad nations — Poland, Hungary, the Czech Republic and Slovakia — spoke today, according […]

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