Sport
Iranian president accuses Israel of ‘warmongering’
字号+ Author: Source:Game 2025-01-16 07:57:31 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
-
Workplace harassment case: President upholds ombudsperson’s order
2025-01-16 07:33
-
Boy drowns in Siren River
2025-01-16 06:21
-
Israel army announces new strikes targeting Hezbollah in east Lebanon
2025-01-16 05:57
-
Sabalenka targets top spot to cap off superb season
2025-01-16 05:31
User Reviews
Recommended Reads
Hot Information
- Three judicial officers penalised
- ‘Business as usual’ will flood Pacific islands, warns Nasa
- US actions ‘encouraging’ Israel to continue bombardment: Mahmoud Abbas
- Four cops among seven booked for kidnap, extortion in Chiniot
- Drug seized
- Young Palestinian man killed in Israeli attack on Jabalia, northern Gaza
- Peace impossible as long as Palestine ‘groans’ under Israeli occupation: official
- High court stops govt from posting deputationists to Education Foundation
- RDA asked to complete metro corridor rehabilitation at earliest
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content