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The World Bank Denies New Fund to Sri Lanka, Financial Crisis Expected to Surge

July 30, 2022 Vinayak Barot

New Delhi: The financial instability in the island country Sri Lanka, may surge to a new level in the coming few days as the world bank has denied new funds to the Colombo government. “The World Bank will not release any fresh funding to Sri Lanka unless the nation does not undertake deep structural reforms,” said […]

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Warning! Climate change may force more than 200 million people to migrate by 2050

September 14, 2021 Vinayak Barot

New Delhi: The World Bank on Monday expressed concerns over rising sea levels, water scarcity, and reduced agriculture production. The World Bank has predicted that effects of the Climate change may force around 216 million people to migrate by 2050. Juergen Voegele – The vice President of the World Bank’s sustainable development said that “The […]