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World Bank Group President David Malpass Welcomes G7 COVID-19 Support to Developing Countries

World Bank Group President David Malpass Welcomes G7 COVID-19 Support to Developing Countries
frontpageafricaonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from frontpageafricaonline.com Daily Mail and Mail on Sunday newspapers.

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Bitcoin Falls, But MicroStrategy Buys; World Bank Says Recovery Will Be Uneven

Bitcoin Falls, But MicroStrategy Buys; World Bank Says Recovery Will Be Uneven
On 6/9/21 at 3:01 PM EDT
CryptoCorner
Bitcoin has plunged as much as 50% from its record high, but MicroStrategy plans to increase its holdings in the cryptocurrency.
The Tysons Corner, Virginia-based analytics and business-intelligence company plans to offer $500 million in debt to acquire additional Bitcoin.
We pursue two corporate strategies, the publicly traded company said in a note to investors: (First) grow our enterprise analytics software business to promote our vision of Intelligence Everywhere, and (second) acquire and hold Bitcoin, which we view as a dependable store of value supported by a robust, public, open-source architecture untethered to sovereign monetary policy. ....

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W'Bank Opposes Vaccine Intellectual Property Waiver

WTO resumes talks
Emmanuel Addeh in Abuja with agency report
World Bank President, Mr. David Malpass, said yesterday that the bank does not support waiving intellectual property rights for COVID-19 vaccines, noting that he was concerned that it would hamper innovation in the pharmaceuticals sector.
His comments on the subject, made during a call with reporters on World Bank economic forecasts, came as the World Trade Organisation (WTO), negotiations over the proposed waiver resumed in Geneva.
Asked whether he backs a WTO vaccine IP waiver, which India, South Africa and other emerging market countrie needed to expand vaccine access, Malpass said the bank would not support the call. ....

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INNOVATE4CLIMATE 2021: Bringing together public and private sectors to fast-track solutions

Innovate4Climate focused on solutions delivering low-carbon, resilient opportunities including finance at scale for the low-carbon transition. ....

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'Don't want to arrest economy': Sitharaman says govt won't go for lockdowns in a big way

Story
Don t want to arrest economy : Sitharaman says govt won t go for lockdowns in a big way
Union Finance Minister Nirmala Sitharaman has said the government will not go for lockdowns as they don t want to arrest the economy
BusinessToday.In | April 14, 2021 | Updated 09:07 IST
Union Finance Minister Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman has said the government will not go for full lockdown as a measure to tackle the second COVID-19 wave and only rely on measures like local containment zones. In a virtual meeting with World Bank Group President David Malpass, the Union Minister noted the effects of the lockdown on the industry as well as the economy. ....

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