Tag «International»

Russia-Ukraine war threatening developing economies, warns UN

Russia-Ukraine war

A U.N. task force is warning in a new report that Russia’s war against Ukraine threatens to devastate the economies of many developing countries that are now facing even higher food and energy costs and increasingly difficult financial conditions. U.N. Secretary-General Antonio Guterres launched the report Wednesday stressing that the war is supercharging a crisis …

China reports 1,366 new local Covid-19 infections in last 24 hours

China reports 1 366 new local Covid-19

The Chinese mainland reported 1,366 new locally-transmitted COVID-19 infections in the last 24 hours, the National Health Commission said Monday. In addition, China’s strict lockdown in Shanghai is affecting global supply chains. Of the local confirmed cases reported Sunday, 836 were in Jilin, 425 in Shanghai, and 16 in Fujian, according to Xinhua News Agency. …

European Union plans $23 billion to check China’s reach in S Africa

European Union plans $23 billion

The European Union is working on a 20 billion-euro ($22.7 billion) financing package to support African transport networks, as well as energy, digital, education and health projects to counter China’s reach in the continent. Member states, however, have yet to commit to financing the infrastructure plans, according to officials familiar with the discussions. The bloc’s plan includes …

FIFA launches Talent Development Scheme, aiding member associations

FIFA launches Talent Development

FIFA has launched an innovative FIFA Talent Development Scheme (TDS), offering bespoke assistance to member associations (MAs) to help them achieve their full potential and continuing the measures taken to reduce the disparity in the level of football between different regions of the world. TDS is part of FIFA’s collaborative work with MAs to increase global competitiveness. World …