World update: January 10 2019

WORLD BANK When it comes to the two main international institutions responsible for immiserating the developing world, the US and Western Europe have always shared responsibility. Though both positions are technically open to anyone from anywhere, the head of the International Monetary Fund historically has come from Europe, and the head of the World Bank… Continue reading World update: January 10 2019

World update: January 13-14 2018

By way of a site update, with tomorrow being a holiday in the US I’m not 100 percent sure I’ll be blogging. If not then I’ll be back on Tuesday with two days’ worth of bad news. ASIA AFGHANISTAN Afghan officials say that peace talks are underway in Turkey between Kabul and the Taliban. They’ve… Continue reading World update: January 13-14 2018

Asia/Australia/Africa update: June 28-29 2017

ASIA UZBEKISTAN One of Uzbekistan’s more charming features is the annual enslavement of much of its population to pick cotton, which remains one of the country’s most important products. The World Bank has implemented projects in Uzbekistan that are meant to diversify its agricultural sector away from cotton, but a new Human Rights Watch investigation… Continue reading Asia/Australia/Africa update: June 28-29 2017

Asia/Africa update: June 13 2017

ASIA AFGHANISTAN Here’s some good news: The World Bank on Tuesday approved financing worth more than $500 million for Afghanistan to support a string of projects to boost the economy, help improve service delivery in five cities and support Afghan refugees sent back from Pakistan. The bank said the six grants, including donor money, worth… Continue reading Asia/Africa update: June 13 2017