countries

Cut or damaged submarine cables lead European countries to investigate possible sabotage Blogging Sole

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Two submarine cables carrying internet data at the bottom of the Baltic Sea have been damaged, European telecommunications companies said this week, drawing European governments attention to a possible Russian “hybrid war” targeting global communications infrastructure. On Wednesday, interest focused on a Chinese-flagged cargo ship called Yi Peng 3, which data provided by maritime tracking … Read more

Biden pledges $4 billion to World Bank fund for poorest countries Blogging Sole

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Biden pledges billion to World Bank fund for poorest countries Blogging Sole

U.S. President Joe Biden delivers remarks during a launch event for the Global Alliance Against Hunger and Poverty during the G20 Summit at the Museum of Modern Art in Rio de Janeiro, Brazil, Monday, November 18, 2024 . WASHINGTON: US President Joe Biden has pledged a contribution of US$4 billion to the World Bank’s International … Read more

Selling 4% of IMF gold could reduce debt for 86 countries, study finds Blogging Sole

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Selling 4% of IMF gold could reduce debt for 86 countries, study finds Blogging Sole

Gold bars are seen at the Austrian gold and silver separation plant “Oegussa” in Vienna, Austria, March 18, 2016. — Reuters To help provide debt relief to low-income countries devastated by climate-related disasters, the International Monetary Fund (IMF) should sell 4% of its gold, study suggests, as climate finance dominates first discussions of the COP29 … Read more