Thousands marched on the streets of the Argentine capitol to protest against a loan repayment deal with the IMF, fearing the economic fallout on their lives. They say the record $57 billion loan should be ignored.
Mexican President Andres Manuel Lopez Obrador on Tuesday pitched a global anti-poverty plan that seeks to uplift some 750 million poor people who live on less than $2 a day and would be financed largely by rich. In a speech to the United Nations, Lopez Obrador stressed that the plan could give the world’s poorContinue reading “Mexican president floats global anti-poverty plan in U.N. speech”
Democratic Republic of the Congo is seeking what it says is a fairer share of its vast mineral wealth. Felix Tshisekedi, the president of the Democratic Republic of the Congo (DRC), has called for a review of mining contracts signed with China in 2008 by his predecessor, saying he wanted to get fairer deals. AContinue reading “DR Congo president seeks review of mining contracts with China”
World Bank has called Lebanon’s crisis one of worst depressions of modern history as half of population lives in poverty. Lebanon is a few days away from a “social explosion”, caretaker Prime Minister Hassan Diab has warned, calling on the international community to save a country in deep economic crisis. The World Bank has calledContinue reading “Lebanon days away from ‘social explosion’, PM Diab warns”
The Sudanese government is introducing a donor-funded scheme to provide a temporary $5 basic monthly income to millions of its citizens For Intisar Altayib, who ekes out a living drawing henna tattoos in Khartoum, soaring prices in Sudan mean running up tabs at local stores and cutting back on evening feasts during the Muslim holyContinue reading “Sudan Introduces Basic Income Scheme for Nearly All Its Population to Ease Economic Pain”