PG Game
Israel official says any Lebanon ground operation to be swift
字号+ Author: Source:PG Game 2025-01-16 03:30:54 I want to comment(0)
WASHINGTON: “Economic upheavals of a magnitude previously associated only with major wars and depres
WASHINGTON: “Economic upheavals of a magnitude previously associated only with major wars and depressions” have forced a billion of the world’s poorest people to face a “desperate” future, the President of the World Bank, Robert S. McNamara warned today [Sept 30]. Addressing the joint annual meeting of the World Bank and International Monetary Fund, Mr. McNamara added that the consequences of a continual rise in prices and drop in foreign assistance on those whom he termed “marginal men” could only be described as “appalling”. Describing the plight of the poorest member nations of his 125-member institution, Mr. McNamara said: “Almost every element in the current situation has worked to their disadvantage, and has been compounded even further for many … by natural disasters. … These countries, then need additional assistance on concessionary terms, and they need it promptly. … He urged the wealthy nations to “get on” with the development task, and to be generous too in doing so for the poorest countries. … He said “I believe the World Bank group must expand its lending to the maximum permitted by prudent financial management and the availability of funds.” — News agencies
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Israeli military says it has killed Hezbollah chief Hassan Nasrallah
2025-01-16 03:19
-
McLaren’s Norris takes dominant win in Singapore Grand Prix
2025-01-16 02:54
-
Israel joins Asian Development Bank
2025-01-16 02:14
-
Ex-army officer kidnapped from DHA Karachi released after 14 hours
2025-01-16 01:41
User Reviews
Recommended Reads
Hot Information
- US defence secretary warns of ‘all-out war’ between Israel, Lebanon
- China ‘deeply concerned’ about Middle East tensions after Nasrallah killing
- 500 scientists to be impacted if Europe lab cuts Russia ties
- Bilawal throws his weight behind constitutional court
- Framework being evolved to fund energy transition: SBP
- Heavy rain lashes parts of twin cities
- WATCH: Pro-Palestine protests in New York ahead of Netanyahu’s UN address
- Gas leakage from factory causes breathing problems
- Roads to Constitution Avenue sealed
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content