world bank

BRICS growth steady but Brazil falters – IMF

Global economic growth will hit 3.4 per cent in 2017, the IMF said, but the world’s second-largest economy will grow by only 6.5 per cent in 2017 [Xinhua]
China’s fiscal stimulus has helped edge its GDP growth upward, the International Monetary Fund said on Monday, but India’s domestic consumption retreated in the face of demonetization and pushed economic growth down.

The Central Bank Power Shift from West to East, Game of Thrones Style

The Fed clings to status quo. Other central banks are vying to knock it down, or at least loosen its grip on them. But the Fed behaves as if it has no idea there are other powerful central banks that want to grab and harness its power. It carries on refusing to acknowledge that there may come a time, sooner rather than later, where its power is attacked.
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Protests in Western Sahara against solar and wind plant construction

MEMO |November 8, 2016 Protests erupted yesterday in the Western Sahara over the construction of renewable energy plants without the permission of the Sahrawi people. The protests, which took place in the capital Laayoune, coincided with the United Nation’s COP22 conference on climate change yesterday in Marrakech. Siemens and Enel are building solar and wind […]

World Leaders Meet to Finally Address Antibiotic Resistance Crisis

On September 21, the United Nations (UN) General Assembly passed a declaration aimed at slowing the spread of antibiotic-resistant superbugs, calling it “historical” and “a turning point.”
The World Health Organization’s (WHO) Dr. Keiji Fukada said:

“I think the declaration will have very strong implications. What it will convey is that there’s recognition that we have a big problem and there’s a commitment to do something about it.”