Tag: world bank
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Mexico Invests $7.5 Billion in New Trade Corridor to Challenge Panama Canal
Mexico is taking a bold step with a $7.5 billion investment aimed at providing an alternative to the Panama Canal. The initiative seeks to transform the Isthmus of Tehuantepec, a narrow strip of land between the Pacific Ocean and the Gulf of Mexico, into a pivotal logistics and transportation hub. This ambitious project includes upgrading…
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Fatal Clashes in Nairobi as Protesters Storm Parliament Amid Anti-Tax Demonstrations
In Nairobi, Kenya, protests calling for President Uhuru Kenyatta’s resignation and expressing dissatisfaction with a recent police crackdown turned deadly, with local media reporting fatalities. The demonstrations, part of the “Occupy Parliament” movement, were sparked by opposition to a June 13th budget bill proposing new taxes to raise $2.7 billion. Despite some taxes being retracted…
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Exploring the End of Hyperglobalization and the Search for a New Economic Model Amidst Geopolitical Changes
The video discusses the evolution and potential decline of hyperglobalisation, highlighting significant shifts in economic models and international trade dynamics. It outlines the historical context of globalization, tracing its acceleration from the post-World War II era to the present day, and examines the impacts of neoliberal policies, the technological revolution, and the 2007-2009 financial crisis…
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World Bank Report Highlights Economic Impact of Gender Gap in Workforce, Suggests 20% GDP Growth with Full Female Participation
The World Bank has released a report highlighting the significant gender gap in the workplace, emphasizing that the disparity is much wider than previously estimated. The report introduces two new indicators focused on women’s safety and child care, expanding beyond legal frameworks to also address the mechanisms for implementing laws and measuring outcomes. The findings…