#worldbank — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #worldbank, aggregated by home.social.
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Digital Asset Investor Doubles Down: XRP Is ‘Not an Investment’ but a 200-Year Financial Shift — BigGo Finance
A well-known crypto commentator is making an unusually sweeping claim about XRP, arguing the digital asset should not…
#Economy #bankforinternationalsettlements #BlackSwanCapitalist #centralbank #CentralBanks #DigitalAssetInvestor #InternationalMonetaryFund #RippleLabs #U.S.SecuritiesandExchangeCommission #Versan #worldbank #xrp
https://www.europesays.com/3235544/ -
Beyond Big Tech: World Bank Report Shows "Small AI" Solutions Driving Real Progress in Low-Income Countries
Affordable AI running on basic phones, not massive data centers, is already improving farming, healthcare, and learning across developing countries. The World Bank's new report maps how nations can build the foundations to scale this impact.
#smallAI #WorldBank #DevelopingCountries #LowIncomeCountries #DigitalDivide #AI #EconomicPerspective #Tech
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Beyond Big Tech: World Bank Report Shows "Small AI" Solutions Driving Real Progress in Low-Income Countries
Affordable AI running on basic phones, not massive data centers, is already improving farming, healthcare, and learning across developing countries. The World Bank's new report maps how nations can build the foundations to scale this impact.
#smallAI #WorldBank #DevelopingCountries #LowIncomeCountries #DigitalDivide #AI #EconomicPerspective #Tech
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Beyond Big Tech: World Bank Report Shows "Small AI" Solutions Driving Real Progress in Low-Income Countries
Affordable AI running on basic phones, not massive data centers, is already improving farming, healthcare, and learning across developing countries. The World Bank's new report maps how nations can build the foundations to scale this impact.
#smallAI #WorldBank #DevelopingCountries #LowIncomeCountries #DigitalDivide #AI #EconomicPerspective #Tech
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Beyond Big Tech: World Bank Report Shows "Small AI" Solutions Driving Real Progress in Low-Income Countries
Affordable AI running on basic phones, not massive data centers, is already improving farming, healthcare, and learning across developing countries. The World Bank's new report maps how nations can build the foundations to scale this impact.
#smallAI #WorldBank #DevelopingCountries #LowIncomeCountries #DigitalDivide #AI #EconomicPerspective #Tech
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Beyond Big Tech: World Bank Report Shows "Small AI" Solutions Driving Real Progress in Low-Income Countries
Affordable AI running on basic phones, not massive data centers, is already improving farming, healthcare, and learning across developing countries. The World Bank's new report maps how nations can build the foundations to scale this impact.
#smallAI #WorldBank #DevelopingCountries #LowIncomeCountries #DigitalDivide #AI #EconomicPerspective #Tech
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https://www.europesays.com/africa/411538/ Zimbabwe’s Economic Stability Opens a Path to Better Jobs #BusinessReforms #EconomicGrowth #ElectricityInfrastructure #FinancialInclusion #InformalEmployment #MacroeconomicStability #PovertyReduction #PrivateInvestment #StructuralReforms #TradeFacilitation #Vision2030 #WorldBank #zimbabwe #ZimbabweEconomy #ZimbabweJobs
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France Urges World Bank to Keep 45% Climate Finance Target as U.S. Pushes Fossil Fuel Shift
France is pressing the World Bank to preserve its target of …
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #Climate #climatefinance #DeutscheBundesbank #ECB #EleonoreCaroit #ESCB #ESG #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #fossilfuel #france #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly #TrumpAdministration #worldbank
https://www.europesays.com/3234057/ -
Terms: All paper counts as currency. No national monopoly. One note equals one trillion real value. Only i convert. ID required.
Offer: One note to each leader. Conditions: Less wars. Good behaviour. End hunger. Clear debt. Build peace.
Accepted privately. Honoured publicly. Anon
#Putin #Zelenskyy #Macron #Trudeau #Sunak #Scholz #Meloni #Biden #XiJinping #Kishida #Albanese #Lula #Modi #Orban #Erdogan #KingCharlesIII #PopeLeoXIV #G7 #G20 #UnitedNations #WorldBank #IMF #GlobalLeaders -
As China’s economy lumbers amid property crisis, why hasn’t AI helped pick up the slack?
Unlike the US, artificial intelligence (AI) may not be a panacea for China’s economy amid its deep property…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #AI #Beijing #Business #China #Europe #Hangzhou #Nomura #OpenAI #Shanghai #southkorea #Taiwan #TSMC #WorldBank #Zhejiangprovince
https://www.newsbeep.com/us/699887/ -
As China’s economy lumbers amid property crisis, why hasn’t AI helped pick up the slack?
Unlike the US, artificial intelligence (AI) may not be a panacea for China’s economy amid its deep property…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #AI #Beijing #Business #China #Europe #Hangzhou #Nomura #OpenAI #Shanghai #southkorea #Taiwan #TSMC #WorldBank #Zhejiangprovince
https://www.newsbeep.com/us/699887/ -
As China’s economy lumbers amid property crisis, why hasn’t AI helped pick up the slack?
Unlike the US, artificial intelligence (AI) may not be a panacea for China’s economy amid its deep property…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #AI #Beijing #Business #China #Europe #Hangzhou #Nomura #OpenAI #Shanghai #southkorea #Taiwan #TSMC #WorldBank #Zhejiangprovince
https://www.newsbeep.com/us/699887/ -
https://www.europesays.com/ie/531713/ As China’s economy lumbers amid property crisis, why hasn’t AI helped pick up the slack? #AI #ArtificialIntelligence #ArtificialIntelligence #Beijing #China #Éire #Europe #Hangzhou #IE #Ireland #Nomura #OpenAI #Shanghai #SouthKorea #taiwan #Technology #TSMC #US #WorldBank #ZhejiangProvince
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#SEZs in #India: Balancing Economic Growth and #Environmental Concerns
July 27, 2024
"Picture this: vast stretches of industrial land buzzing with activity, modern factories producing goods for global markets, and thousands of job opportunities emerging overnight. This is the promise of Special Economic Zones (SEZs) in India. But behind this gleaming facade lies a complex web of environmental challenges and social concerns that demand our attention. SEZs represent one of India’s most ambitious economic policies, designed to accelerate industrial growth and boost exports, yet they often come at a significant cost to the environment and local communities.
[...]
"[T]he rapid expansion of SEZs has raised significant environmental red flags. The most pressing concern is land acquisition, which often involves converting fertile agricultural land into industrial zones. This conversion not only reduces the country’s agricultural capacity but also disrupts local ecosystems and biodiversity.
"The establishment of SEZs typically requires large tracts of land – sometimes spanning thousands of acres. Much of this land is acquired from agricultural areas, leading to the displacement of farming communities who have depended on these lands for generations. For instance, the proposed #RaigadSEZ in #Maharashtra would have required over 14,000 hectares of #agricultural land, leading to massive #protests from local farmers.
"The conversion of agricultural land to #IndustrialUse has long-term implications for #FoodSecurity. As India’s population continues to grow, the loss of productive #farmland could exacerbate food shortage issues in the future. Moreover, agricultural land often has better soil quality and water retention capacity compared to industrial land, making this conversion environmentally costly.
"Industrial activities within SEZs generate various forms of #pollution. Air pollution from #manufacturing processes, water #contamination from industrial effluents, and #SoilDegradation from chemical usage are common problems. The concentration of industries in SEZs can create pollution hotspots that affect air and water quality in surrounding areas.
"#WaterScarcity is another critical issue. SEZs require substantial water resources for industrial processes, often competing with local communities for this precious resource. In water-stressed regions, this competition can lead to conflicts and further environmental degradation.
Human rights and social displacement"The human cost of SEZ development cannot be overlooked. Land acquisition for SEZs often involves displacing local communities, particularly small farmers and agricultural workers. These communities frequently receive inadequate compensation and struggle to find alternative livelihoods.
"The displacement process can be traumatic for local communities who have strong cultural and emotional ties to their land. Traditional occupations like #farming, #fishing, and #SmallScaleTrading are disrupted, forcing people to adapt to entirely new economic realities. The promised employment opportunities in SEZs often don’t materialize for displaced communities, as they may lack the required skills for industrial jobs.
"Women in these communities face particular challenges, as they often have limited access to alternative employment opportunities and may lose traditional income sources like kitchen gardening or small-scale agricultural activities. The social fabric of rural communities can be severely disrupted, leading to increased poverty and social inequality."
#HumanRights #HumanRightsFreeZone #CorporateColonialism
#IMFLoanSharks #Exploitation #WorldBank #RaceToTheBottom
#HumanRightsViolations
#Pollution #EnvironmentalDegradation
#EconomicSacrificZones
#ForcedRelocation #ForcedDisplacement #TraditionalLifestyles #EnvironmentalRacism #Exploitation
#CorporateColonialism -
The #environmental burdens of #SpecialEconomicZones on the coastal and marine #environment: A remote sensing assessment in #Myanmar
Thiri Shwesin Aung, Indra Overland, Roman Vakulchuk, Yanhua Xie
November 2022"Special economic zones (#SEZs) are unusual parts of the world economy in terms of law, institutions, and economic functions (Chaisse and Dimitropoulos 2021). SEZs are geographically delimited areas created to facilitate industrial activities through fiscal and regulatory incentives and infrastructure support (UNCTAD 2019). Such zones carve out jurisdiction as a subset of the overall state jurisdiction for the purposes of enacting different laws and regulations that are more trade and investment friendly (Zeng 2021). Since the year 2000, SEZs have mushroomed in developing countries to attract foreign direct investment (FDI), accelerate industrialization and create jobs (Aiyer 2017). There are 5400 SEZs in 147 economies around the world. Asia is home to three quarters of them (UNIDO 2015). They have been a core element of the economic development strategy of the Association of Southeast Asian Nations (ASEAN) and currently all ASEAN member states have SEZs (Aggarwal 2022).
"As part of an export-oriented development strategy, the zones commonly include industrial mega-areas that accommodate large-scale infrastructure, deep-sea ports, logistical infrastructure for oil and gas, hotels and tourism, and industrial complexes (Aggarwal 2022). They are primarily defined by a specific regulatory regime and a dedicated governance mechanism designed to relieve customs and tariffs and reduce the burden on businesses from permits, licenses, employment laws, and land access. In return, host governments expect investors to create positive spillover effects, such as facilitating innovation, boosting employment, raising exports, and diversifying the economy. The global experience of SEZs have been mixed, with some countries achieving successful economic outcomes, while others struggle to overcome market failures, institutional constraints, and social and environmental costs (Aggarwal 2022; Zeng 2021).
"The lax regulatory regimes of SEZs often raise concerns about environmental, social, and #HumanRights standards, as well as possible conflicts over #LandRights (Brussevich 2020). Several SEZs have failed to yield the expected economic benefits while having severe adverse impacts on the environment and local communities (Adunbi 2019; Aritenang and Chandramidi 2020; Chaisse and Ji 2020). On the other hand, while SEZs can be hotspots for environmental #mismanagement, they can also provide opportunities for implementing environmental policies specifically designed to regulate industries within the zones. Also, certain environmental advantages may ensue from the introduction of foreign financial resources and environmental technologies that are otherwise not readily available (Richardson 2004).
"However, according to the 'race to the bottom' literature, most SEZs have a net negative impact on the environment and local communities (Richardson 2004; UNIDO 2015; ZENG and DOUGLAS, 2012).
"Despite this contradiction, existing studies focusing on the direct and indirect impacts of SEZs have been rare (#WorldBank, 2017). Particularly, the magnitude and intensity of SEZ impacts on the environment remain understudied.
SEZs tend to be located in remote regions. As such, SEZ-related information and data are generally scarce, making it difficult to assess the environmental consequences of such zones. Many SEZs are also located in countries where there is limited scope for independent environmental assessment due to #authoritarian rule, #corruption, and/or #secrecy surrounding deals with foreign investors. Recent improvements in access to satellite data and computing platforms for machine learning have greatly improved the ability to comprehensively assess SEZs in any location in the world in near real time (Ali et al., 2020; Jensen et al., 2019). This article demonstrates how these technologies can be applied to provide evidence related to the environmental impacts of SEZs. The method is tried out on the Kyaukpyu SEZ in Myanmar. Myanmar is an authoritarian country and the #KyaukpyuSEZ is a flagship project of China's Belt and Road Initiative (#BRI) located in an inaccessible part of #Myanmar. This is precisely the type of case where independent access can be limited and a remote sensing approach can be useful."From 2010 onwards, Myanmar was navigating its economic transformation and a partial loosening of military rule. SEZ development was prioritized as a critical element of the country's industrialization (Oxfam 2017). The three most notable ongoing SEZ projects are the Kyaukpyu SEZ in the rural but strategically important Rakhine State, which is also the largest SEZ in Myanmar, the Thilawa SEZ on the outskirts of Myanmar's former capital Yangon, and the Dawei SEZ in the Tanintharyi Region. Tanintharyi is a long narrow southern territory of Myanmar bordering the Andaman Sea to the west and Thailand to the east.
"Although they are expected to encourage economic growth and reduce poverty, all three SEZ projects continue to face local opposition, particularly the Kyaukpyu and Dawei SEZs. The International Commission of Jurists (2017) has reported that SEZs in Myanmar are linked to human rights violations and environmental abuses (Donateo 2017). Although Myanmar's SEZ law adopted in 2014 reaffirms the applicability of environmental regulations to SEZ development, it does not clearly delineate responsibilities between developers and the state (DICA 2014). The law also does not conform with international human rights standards (MCRB 2018)."
Read more:
https://www.sciencedirect.com/science/article/pii/S2352938522001173#RaceToTheBottom #HumanRightsViolations #Pollution #EnvironmentalDegradation #EconomicSacrificZones #ForcedRelocation #ForcedDisplacement #HumanRightsViolations #EnvironmentalDegradation #IndigenousPeoples #ForestPeoples #SaveTheForests #Exploitation #CorporateColonialism
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➤ Making Argentina Great Againit is incredibly suspicious to me that the US Treasury fund #Bessent wants to use to bail out #Argentina and Javier #Milei is almost exactly the same size as the amount of money #Tether is suddenly trying to raise via a “private placement”.
Tether is one of the most profitable companies in the history of the world, at least according to their own unaudited / unverified numbers. There should be no reason for them to need to raise capital and no desire on their part to sell off part of their cash cow.
Puting aside for a moment the absurdity of the idea that the central bank of international criminal finance considers itself to be in the same league as companies like Google, Nvidia, and Tesla, I can think of 3 possible explanations:
1. Tether is (somehow) out of cash. This is lent some credence by the fact that they are failing to pay their electricity bill in #Uruguay and had their power turned off a few weeks ago.
2. Tether wants to get some shares into the hands of corrupt government officials (other than Howard “Nutlick” #Lutnick, who already has some) for protection.
3. Now that the #Fed has pivoted and cut rates Tether’s income is about to start dropping (and the more the fed cuts, the more it will drop) so they are just cashing out the founders at the top. This is the most charitable interpretation.
it’s also worth mentioning that:
1. Tether’s #USDT token is very popular with #Argentinians trying to avoid that country’s hyperinflation. While technically illegal because of capital controls, it’s still a “crime” I have some sympathy for. But it does mean there’s an important connection between Tether and Argentina.
2. Tether is a major shareholder in south american agriculture business #Adecoagro which does a lot of work in Argentina.
more on Tether: https://cryptadamus.substack.com/p/trumps-transition-team-is-tethered
#uspol #MAGA #uspolitics #ScottBessent #treasury #finance #economics #bailout #IMF #WEF #WorldBank #howardLutnick #stablecoins
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From the Bretton Woods Project: #Forests
"Finally, the [#WorldBank] ’s #forest policy and #WeakSafeguards on #ForestProtection have also been observed to infringe the rights of local communities and have failed to protect one of the planet’s most important ‘#CarbonSinks’ (see Observer Spring 2017). CSOs have called for the Bank to open up its Forest Notes – which are meant to guide the interface between its lending and forests – to consultation (see Observer Winter 2017-2018). CSOs have also been highly critical of one of the forest initiatives the Bank manages, the Forest Carbon Partnership Facility (FCPF), a climate investment fund that supports Reducing Emissions from Deforestation and Forest Degradation (REDD) projects. A March 2017 post in REDD Monitor called the FCPF, 'the most cost-inefficient tree-saving scheme ever,' owing to high administrative costs between fiscal years 2009-2015 absorbing 64 per cent of FCFP’s $55 million expenditure. More generally, the Bank’s overall approach to lending has undermined the protection of vital natural ecosystems in borrower countries. As noted by Bruce Rich in his influential 2013 book, Foreclosing the Future: The World Bank and the Politics of Environmental Destruction, 'When one examines the failures to conserve ecosystems, or to mitigate environmental impacts of development, one finds that failed governance at all levels is almost invariably at the root. …Many of [the Bank’s] problems are associated with a dysfunctional institutional culture in which the relentless pressure to move money out the door, even in violation of the Bank’s own policies and rules, often overrides all other considerations.'"
2017: World Bank policy lending undermines climate goals
"One of the main problems is the Bank’s refusal to adequately assess the social and environmental risks of their policy loans" - Harlem Mariño, Derechos, Ambiente y Recursos Naturales
6 April 2017
"A late January report by US-based NGO Bank Information Center (BIC), together with partners in Egypt, Indonesia, Mozambique and Peru, claimed that the Bank is undermining its climate commitments by supporting investment incentives for coal, gas and oil projects through its development policy financing (DPF) mechanism. DPF accounts for approximately a third of all Bank funding and provides resources for programmes of policy and institutional reforms that are agreed by the Bank and the borrowing government (see Update 82). The report argued that the Bank’s financing through DPF contradicts the internationally agreed and Bank-supported goal of limiting the global average temperature increase to 2°C, which according to the Intergovernmental Panel on Climate Change would require that at least two-thirds of existing fossil fuel reserves are left in the ground.
"BIC’s report looked at the Bank’s DPF measures in four countries: Egypt, Indonesia, Mozambique and Peru. It found that DPF introduced subsidies for coal in all countries, apart from Peru. For example, the report argued that Bank-supported subsidies for coal infrastructure have helped Indonesia become one of the world’s top coal exporters. It found some DPF support for renewable energy, but argued that the Bank could do more given that all countries examined have potential to develop renewable energy. For example, while Peru’s DPF provides subsidies to public-private partnerships to develop oil and gas infrastructure, it does not include plans for solar or wind power projects."
https://www.brettonwoodsproject.org/2017/04/world-bank-policy-lending-undermines-climate-goals/
#FCPF #REDD #Ecosystems #ProtectTheForests #EnvironmentalDestruction #ForestDegradation #Deforestation #EnvironmentalImpacts #Egypt #Indonesia #Mozambique #Peru #LeaveItInTheGround #Coal #BigOilAndGas #ExtractiveIndustries #Exploitation #EnvironmentalImpacts
#HumanRights #ParisAgreement
#ParisClimateAgreement #BigOilAndGas #CorporateColonialism #IMFLoanSharks #RenewablesNow -
From the Bretton Woods Project: Focus on #MegaProjects
"The [#WorldBank] ’s shift towards leveraging private sector finance for development (see Governance above), which has gained momentum since 2015, includes a particular emphasis on promoting ‘infrastructure as an asset class’, in order to crowd in institutional #investors. This policy initiative is highly dependent on mega-infrastructure projects – and, as noted by a letter sent by concerned economists in October 2018, currently lacks a framework for aligning such mega-projects with the Paris Climate Agreement or the Sustainable Development Goals (SDGs).
"This is of major concern, given that many planned ‘mega-corridors’ in developing regions are predicated on building a new generation of carbon-intensive infrastructure. In many cases, the Bank continues to support such projects that, while not ‘fossil fuel investments’ per se, are part of such carbon-intensive mega-corridors (see Observer Autumn 2018)."
Paper: Infrastructure Megaprojects as World Erasers: Cultural Survival in the Context of the Interoceanic Corridor of the Isthmus of Tehuantepec
Author: Susanne Hofmann, November 8, 2024
"This article explores the meaning of infrastructural changes resulting from the Corredor Interoceánico del Istmo de Tehuantepec (CIIT) infrastructure project for the cultural survival
of Indigenous peoples resident in the Isthmus of Tehuantepec region through the lens of ontological justice. The CIIT is being promoted as a multimodal road and rail transport corridor that will link the Gulf of Mexico with the Pacific Ocean, speed up global trade and benefit local residents. Based on interviews with affected residents in the states of Oaxaca and Veracruz, this research found that there is a strong desire for the continuity of existing, collective life
projects, Indigenous languages, cultural identities, beliefs, spirituality, established political and legal systems, and solidarity economy. De facto, the CIIT infrastructure project functions
as a technology of erasure of other lifeworlds, imposing integration into the One-World World (Escobar, 2016) and assimilation of Indigenous peoples and Afrodescendant communities.
Contemporary legal frameworks are not sufficient to guarantee alterlivability (Hamraie, 2020). Therefore, infrastructural megaprojects based on modern/colonial-extractivist-
developmentalist premises continue to threaten the futurity of Indigenous and
Afrodescendant life projects.[...]
"An increasing number of infrastructure corridors, such as the Corredor Interoceánico, are currently being built across the globe (e.g. the Belt and Road Initiative/China, Corredor Bioceánico/Paraguay; Corredor Interoceánico/Chile-Bolivia-Brazil; The Northern Transport Corridor in East Africa/Kenya-Ethiopia-South Sudan – just to name a few). These projects are directed at reducing ‘economic distance’ –i.e. speeding up the transport of goods across
geographical distance whilst lowering the cost (Hildyard, 2016: 20). In the process, infrastructure megacorridors restructure whole regions into purpose-specific zones for export, logistics, transit, housing development, resource extraction, manufacturing etc."Thereby, they fragment geographic space, generating a distinctive reterritorialisation of the space to develop sites of capitalist growth. Megacorridors connect what Lerner (2010) called 'sacrifice zones' – geographic areas where processes of natural resource extraction cause permanent environmental damage – to global circuits of capital. Across Latin America the social and environmental impacts of extractive megaprojects and resistance against them has
been widely documented (Aguilar Rivero & Echavarría Cango, 2019; Domínguez, 2015, 2017;
Domínguez & Corona, 2016; Ibarra García & Talledos Sánchez, 2016; Pérez Negrete, 2017; Rodríguez Wallenius, 2015). This article explores the meaning of infrastructural changes resulting from the CIIT project for the cultural survival of Indigenous peoples resident in the Isthmus of Tehuantepec region through the lens of ontological justice."Original paper:
https://journals.sagepub.com/doi/abs/10.1177/0094582X241294080?journalCode=lapaPDF version:
https://eprints.lse.ac.uk/120254/1/SHofmann_infrastructure_megaprojects_as_world_erasers_LSE_eprint.pdf#MegaInfrastructureProjects #CarbonIntensive #MegaCorridors #SDGs #CIIT #GulfOfMexico #SustainableDevelopmentGoals #DeGrowth #IMFLoanSharks #SacrificeZones #CulturalGenocide #CulturalErasism #EnvironmentalDegradation #EnvironmentalDamage #Capitalism #CorporateColonialism #IndigenousPeoples #CulturalSurvival #IsthmusOfTehuantepec #OntologicalJustice #Tehuantepec #ExtractiveIndustries #Oaxaca #Veracruz #CorredorInteroceánico #BeltAndRoadInitiative #CorredorBioceánico #NorthernTransportCorridor #China, #Paraguay; Corredor #Chile #Bolivia #Brazil #EastAfrica #Kenya #Ethiopia #SouthSudan #IndigenousCulture #AfrodescendantCulture
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So, another evil thing in the world is how countries are given loans (which are often mismanaged) instead of just being helped out by other countries. The indebted countries are then forced to stoop to #environmental degradation (like selling forests to mining interests) and #HumanRights violations to pay back the debts.
Activists Disrupt Meeting to Demand '#LoanSharks' IMF and World Bank Cancel All Debt
by Brett Wilkins
Oct 11, 2022"We need #localization and #ecological #sustainability for the people, planet, and peace," said #CodePink's Nancy Mancias. "We are calling on the IMF and #WorldBank to end its debt trap monetary practices which are causing countries to sink further down into economic crises."
Explainer: Who holds #Ghana's debt and what restructuring is planned?
By Rachel Savage and Marc Jones
December 9, 2022https://www.reuters.com/world/africa/who-holds-ghanas-debt-what-restructuring-is-planned-2022-12-09/
Critics Say IMF Loan Fees Are Hurting Nations in Desperate Need
Democratic lawmakers say the global fund’s surcharges for emergency relief siphon away money that countries need to fight the pandemic.
https://www.nytimes.com/2022/01/14/business/economy/imf-surcharges.html
#IMFLoans #IMFLoanSharks #CancelAllDebt #TaxTheRichToHelpThePoor #WealthRedistribution #ChineseLoans #WorldBank
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6:18 "..this was not a natural occurerence, this was greenhouse gases historically emitted by the global North..causing as the World Bank has now calculated close to 30 Billion dollars worth of infrastructure loss, just in Pakistan.."
https://www.youtube.com/watch?v=9WlBCp8pt7k
#Pakistan #ClimateChange #MaatiTV #ClimateEmergency #COP27 #ClimateCrisis #GlobalSouth #India #Bangladesh #LossAndDamage #ClimateJustice #PakistanFloods #WorldBank
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Investors and utilities are seeding carbon markets with new startups - While most of the world agrees that carbon dioxide emissions from human activity are creating a clim... more: http://feedproxy.google.com/~r/Techcrunch/~3/IaY1YX8AopM/ #greenhousegasemissions #satelliteimaging #machinelearning #climatechange #globalwarming #greenhousegas #projectwren #ycombinator #greentech #worldbank #alabama #paris #wren #tc
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Norrsken opens East Africa startup fund and hub in Kigali - Startups in East Africa have a new source for investment and mentorship.
Sweden’s Norrsken Foundatio... more: http://feedproxy.google.com/~r/Techcrunch/~3/xb8tktuqDAs/ #early-stagestartups #internetpenetration #norrskenfoundation #niklasadalberth #startupcompany #sanfrancisco #eastafrica #coworking #stockholm #worldbank #articles #business #economy #africa #klarna #rwanda #sweden #wefarm #kenya #head #ceo #tc -
Getting a seat at the VC table - Monique Villa
Contributor
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Monique... more: http://feedproxy.google.com/~r/Techcrunch/~3/QNEybF6wlaE/ #kleinerperkinscaufield&byers #womeninventurecapital #backstagecapital #entrepreneurship #startupcompany #venturecapital #unitedstates #fastcompany #marymeeker #ivyleague #nashville #pitchbook #sethgodin #tennessee #worldbank #articles #business #ellenpao #economy #column #chair #kpcb #nvca -
India’s BlackBuck raises $150 million to digitize freight and logistics across India - India’s trucking system has a big inefficiency problem that continues to drag the economy. BlackBuck... more: http://feedproxy.google.com/~r/Techcrunch/~3/kRWcwFNiDb4/ #entrepreneurship #sequoiacapital #startupcompany #privateequity #warburgpincus #rajeshyabaji #saifpartners #tigerglobal #logistics #blackbuck #coca-cola #delhivery #worldbank #bcapital #softbank #unilever #funding #driver #rivigo