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The International Monetary Fund (IMF) says it will propose a $650 billion special drawing rights (SDR) to boost international reserves of its member countries.
Debt experts, charity groups and investors welcomed news on Wednesday that the world’s poorest countries will get new IMF funds and COVID-19 debt relief, but they also cautioned that for some it would still only be a band-aid solution.
The head of the IMF on Friday urged advanced economies to provide more resources to low-income countries, warning of an emerging “Great Divergence” in global growth that could risk stability and trigger social unrest for years to come.
The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic, and a growing divergence between rich and poor countries required the IMF to find more resources.
Téléfoot Chaine report that Premier League club West Ham United are poised to make an opening €10m bid for 24-year-old Senegalese attacker Boulaye Dia to Reims.
Qatar’s Deputy Prime Minister and Minister of Foreign Affairs Mohammed bin Abdulrahman Al Thani spoke to his Australian counterpart Marisa Payne on Friday, weeks after the October 2 incident that saw airport staff take women off several planes to examine them to check whether they were the mother of a baby abandoned at Hamad International Airport (HIA).
Reports have surfaced linking forward Arnautovic, who thrived under Moyes during his first spell in charge of West Ham, with a return to the club.
Karius has spent this season on loan with Union Berlin, though has spent the campaign largely on the bench. The goalkeeper has played 5 matches for the Berlin team and conceded 4 goals.
The Red Devils have also been linked with a move for Atletico Madrid star Marcos Llorente, but with Los Rojiblancos demanding a minimum of €80m for the Spanish international, Arambarri is a much cheaper alternative.
Chelsea suffered late VAR heartache as they slipped to back-to-back FA Cup final defeats after a 1-0 loss to Leicester City, Youri Tielemans’ second-half strike proving decisive.
A serving Superintendent of Customs, Mba Ukweni Edu has been kidnapped at a river in Cross River State.
The Chief Whip of the Senate, Sen. Orji Kalu, has condemned the attack on Independent National Electoral Commission (INEC) office in Ohafia Local Government Area (LGA) of Abia.
Italy's government is set to ask the European Union to pay Libya to stop migrant boats leaving its coast, newspaper la Repubblica reported on Tuesday.
The United States is deeply concerned about increasing political and ethnic polarization throughout Ethiopia, the U.S. State Department said on Friday, adding that Washington will work with allies to secure a ceasefire in the Tigray region, provide assistance and hold human rights abusers accountable.
The Nigeria Centre for Disease Control (NCDC) confirmed 30 new cases in its update for May 8, 2021.
The wife of Enugu State Governor, Mrs. Monica Ugochi Ugwuanyi has called on women to pray fervently for God’s intervention in the security and economic challenges confronting the nation.