Sharp, Long-lasting Slowdown to hit Developing Countries hard
WASHINGTON, Jan. 10, 2023 — Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine, according to the World Bank’s latest Global Economic Prospects report. Given fragile…
Remittance Flows Register Robust 7.3 Percent Growth in 2021
From The World Bank WASHINGTON, Nov 17, 2021 — Remittances to low- and middle-income countries are projected to have grown a strong 7.3 percent to reach $589 billion in 2021. This return to growth is more robust than earlier estimates and…
US Navy aircraft crash: Eight rescued off Japanese coast
From BBC Eight people have been rescued after a US Navy aircraft carrying 11 crew and passengers crashed off the coast of Japan, the defence ministry has said. It says that preliminary US military reports indicated that engine failure may…
Singapore wants a self-driving wheelchair by 2017
By Daniel Cooper From engadget The idea is to free up nurses to do more important work in hospitals. Singapore is pushing for businesses to develop an autonomous wheelchair that’ll convey people around without instruction. The announcement came from Mark Lim,…
Immigration surges from Muslim-majority countries
By Thomas Lifson I guess because it has worked out so well for European countries (see Rotherham), the United States is welcoming more and more immigrants from Muslim-majority nations. A new report form the Center for Immigration Studies reveals (via…
