World Funds

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World Bank, IMF finalising work on Ghana’s Debt Sustainability Analysis

Joy Online 23 Jun 2021

The World Bank and the IMF are finalising work on Ghana’s Debt Sustainability Analaysis ... · Help client countries balance their needs for funds with the ability to repay their debts ... According to the World Bank it has put measures in place to ensure that there is value for money and these funds are used for the intended purpose.

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KKR to Invest in Leading ANZ Edtech Company Education Perfect

Enid News & Eagle 23 Jun 2021

KKR makes its investment from its Global Impact Fund ... EP’s business directly contributes towards SDG 4 (Quality Education) by providing accessible, affordable, and high-quality education to students around the world ... We are proud to have backed the EP team and world leading product to create the largest Ed-tech business in ANZ.

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More than 41 million people worldwide are ‘knocking on famine’s door’, says UN

Irish Independent 23 Jun 2021

Some 41 million people worldwide are at at imminent risk of famine, the United Nations World Food Programme (WFP) warned yesterday ... The WFP, which is funded entirely by voluntary donations, said it needs to raise €5bn immediately to reach those at risk, in 43 countries. “We need funding and we need it now,” said Mr Beasley.

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Investment In Israeli Tech: $10.5B In First Half Of 2021

The Tennessee Tribune 23 Jun 2021

A new report from Start-Up Nation Central reveals that Israel’s innovation technology sector broke a new capital funding record ... This means Israel now leads the world in funding growth ... The median funding round amount more than doubled year-over-year from $6.8 million in 2020 to $14 million by June 8 in 2021.

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PayPal and Visa Participate in Blockchain Capital’s $300 Million Fund

Finance Magnates 23 Jun 2021

PayPal, the US-based payments giant, and Visa, a leading global financial services provider, have participated in the latest $300 million Fund V by Blockchain Capital ... “We are incredibly honored to welcome a world-class group of investors into Fund V who appreciate the value of a firm dedicated to a single industry.

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WHO appoints Dr Zaheer to blood safety panel

The News International 23 Jun 2021

The World Health Organisation (WHO) has appointed Pakistan's former national coordinator of the German government-funded Safe Blood Transfusion Programme Prof Hasan Abbas Zaheer to its Advisory Group on Blood Regulation, Availability and Safety.

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The Great Barrier Reef Wars

GlobalResearch 23 Jun 2021

With such activity, it was little wonder that the World Heritage Committee, under the umbrella of UNESCO, placing the Reef on the endangered list ... Richard Leck, Head of Oceans for the World Wide Fund for Nature-Australia thus ... Dr Fanny Douvere of the World Heritage Centre attempted to correct the record.

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Great Barrier Reef should be listed as ‘in danger’, recommends UN committee

Dawn 23 Jun 2021

Chinese officials enjoy strong sway on three Unesco committees, while a Chinese lawmaker is chairman of the World Heritage Committee, the source said ... This recommendation is reached by world renowned scientists,” said Richard Leck, Head of Oceans for the World Wide Fund for Nature, Australia.

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UN wants Great Barrier Reef put on 'in danger' list

China Daily 23 Jun 2021

The reef gained its World Heritage ranking in 1981 for ... The World Wide Fund for Nature-Australia and the Australian Marine Conservation Society are among organizations that have been pressuring the Australian government to take stronger action on cutting greenhouse gas emissions.

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South Korea's Answer to Robinhood and Venmo Lands $7 Billion Valuation

Wall Street Journal 23 Jun 2021

A South Korean company whose app lets users transfer money, take out loans, trade stocks and check their credit scores has raised funds at a valuation of more than $7 billion, making it one of the world’s most valuable financial-technology startups.

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Daily Crunch: Transmit Security’s $543M Series A is one for the record books

Crunch 23 Jun 2021

We have startup product news, funding rounds and a roster of Big Tech updates for you today ... The early-stage startup funding market in focus. TechCrunch dug into the world of seed and early-stage venture capital rounds that startups are raising today ... The second on funding rounds.

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Exxon investors to prod revamped board on net zero carbon study

Yahoo Daily News 23 Jun 2021

By Jennifer Hiller ... The requested report would examine the impact on Exxon of a world moving to net-zero carbon emissions by 2050 ... But a quarter of its board lost their seats to nominees of a hedge fund prodding Exxon to cut spending on fossil fuels and address a world moving to lower-carbon fuels ... .

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Activists urge Sadler’s Wells theatre to axe Barclays funding deal

The Times/The Sunday Times 23 Jun 2021

The country’s foremost dance organisation is being pressed by climate change activists to drop a partnership with Barclays that funds cheap tickets for young people.

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Rwanda Central Bank Joins CBDC Bandwagon After Announcing Digital Currency Research

Bitcoin 23 Jun 2021

CBDC Implications on Financial Stability ... However, in his remarks to The New Times, Karamuka revealed that the study had exposed the limits or lack of global standards and reliable benchmarks on the subject ... We are basing on work done by international institutions such as the International Monetary Fund, World Bank, World Economic Forum among others.

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The reign of greed

Manila Bulletin 23 Jun 2021

My latest discovery is the team led by Ken Abante who painstakingly tracked the procurement that was funded by the first Bayanihan Act ... The UN Office on Drugs and Crime reported that about 10 -25 percent of procurement funds of developing countries are lost due to corruption.