A United Nations mission is due to take place this month to assess the impact of Ethiopia’s massive Gilgel Gibe III hydroelectric power project on the Omo River which feeds Lake Turkana, the world’s largest desert lake, lying mostly in northwest Kenya with its northern tip extending into Ethiopia.
An expose published Thursday by the International Consortium of Investigative Journalists (ICIJ) and its media partners has revealed that in the course of a single decade, 3.4 million people were evicted from their homes, torn away from their lands or otherwise displaced by projects funded by the World Bank.
The international humanitarian charity Oxfam is calling on the World Bank and major donors to raise 1.7 billion dollars to improve poor health systems in Ebola-affected countries and strengthen community networks for preventing another epidemic.
The world’s attention turned to the practices of vulture funds after the U.S. Supreme Court affirmed a lower court opinion in the NML Capital vs Argentina case, which forbids the country from making payments on its restructured debt.
After several tension-filled months, a majority of Nigerians swept in an opposition leader and former military man, Muhammadu Buhari, to succeed incumbent President Goodluck Jonathan, whose failure to contain a terrorist wave in the northern states doomed his re-election chances.
Debt restructuring is a component of crisis management and resolution, and needs to be treated in the context of the current economic conjuncture and vulnerabilities.
For a long time, citizens of the United States have firmly believed that their country has an exceptional destiny, and continue to do so today even though their political system has become totally dysfunctional.
For years, Kehmli Devi, a middle-aged woman from the village of Chachadeth in India’s northern Himalayan state of Uttarakhand, has prepared her family’s meals on a wood-burning stove.
As billions pour into Mozambique from foreign investors scooping up fields of coal and natural gas, the signs of newfound wealth are impossible to miss.
If not for a group of her school friends coming to her rescue, Shradha Nepali would have become a bride at the tender age of 14.
Jawadi Vimalamma, 36, looks admiringly at her cell phone. It’s a simple device that can only be used to send or receive a call or a text message. Yet to the farmer from the village of Janampet, located 150 km away from Hyderabad, capital of the southern Indian state of Telangana, it symbolises a wealth of knowledge that changed her life.
Extensive damage to Gaza’s environment as a result of the Israeli blockade and its devastating military campaign against the coastal territory during last year’s war from July to August, is negatively affecting the health of Gazans, especially their food security.
The beautiful Mediterranean Sea laps gently onto the white sandy beach near Gaza City’s port. Fishing boats dot the beach as fishermen tend to their boats and fix their nets.
Reports this year of illicit moneys from African countries stashed in a Swiss bank – indicating that corruption lies behind much of the income inequality that affects the continent – have grabbed international news headlines.
Despite being one of the world's fastest expanding economies, projected to clock seven-percent GDP growth in 2017, India – a nation of 1.2 billion – is trailing behind on many vital social development indices while also hosting one-fourth of the world's poor.