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Jordan, US discuss developing defence and security cooperation

Jordan, US discuss developing defence and security cooperation
middleeastmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from middleeastmonitor.com Daily Mail and Mail on Sunday newspapers.

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World Bank predicts growth still, but not as much

World Bank predicts growth still, but not as much
Article by
June 9, 2021
The World Bank has revised downwards its growth forecast for Barbados as it warned of continued struggles with the COVID-19 pandemic and its aftermath in emerging and developing economies, despite a fast global post-recession recovery.
The international financial institution also cautioned, in its June 2021 Global Economic Prospect report, that recovery in the Caribbean and Latin America could be severely impacted by major disruptions related to natural disasters.
In the case of Barbados, the World Bank’s latest prediction is for growth to be about 3.3 per cent this year before climbing to 8.5 per cent next year. This is less optimistic than the 4.4 per cent the World Bank forecast for this year, back in March. At that time it had predicted a growth rate of 7.2 per cent for Barbados in 2022. ....

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Russia can participate in World Bank's vaccination programs - Kremlin - Business & Economy

President Vladimir Putin stressed that Russia as one of the major shareholders of the World Bank is interested in the further improvement of efficiency in its activity to promote international development and is ready to facilitate it in all aspects ....

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Banks' Impairment Charges Soar by 113% to N228bn

Banks' Impairment Charges Soar by 113% to N228bn
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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World Bank concerned about economic impact of COVID-19 in region

World Bank concerned about economic impact of COVID-19 in region
David Malpass.
President of the World Bank Group David Malpass said the bank is “very concerned about the human situation” the economic crisis caused by the COVID-19 pandemic will have on developing nations like The Bahamas.
Malpass was speaking on questions of whether the pandemic is leading to “a new debt crisis” in the Latin America and Caribbean region, as he addressed the press during the World Bank Group/International Monetary Fund (IMF) 2021 Virtual Spring Meetings.
The IMF in its recently released World Economic Outlook revised its 2021 projections for tourism-dependent Caribbean economies, like The Bahamas, down by 1.5 percentage points to 2.4 percent regional growth. ....

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