Progress towards SDG 4, which aims to provide high-quality education and lifelong learning opportunities for all children, was severely disrupted by COVID-19. Even prior to the pandemic, most countries were not on track to achieve this goal with over half of children in low- and middle-income countries experiencing learning poverty, that is, being unable to […]
With close to 80 percent of age-10 children in Honduras experiencing learning poverty—which means that they are unable to read and understand a simple text— it’s never been more critical to expand children’s access to books and improve opportunities for children to learn and read at home. Reading is an essential skill that unlocks the door to […]
SDG 3 aims to ensure healthy lives and promote well-being for all. COVID-19 took a catastrophic toll on global health with many excessive deaths resulting in lower global life expectancy at birth by over 1.5 years. A reversal of global life expectancies at this scale was unprecedented since the early 1960s. But COVID-19 vaccines were developed […]
According to the 2023 World Bank Economic Update for Mali, entitled “Strengthening Financial Resilience of Pastoralists to Drought,” Mali’s economy showed signs of resilience despite ECOWAS sanctions, high food inflation, and parasite infestations affecting cotton production. GDP growth is estimated at 1.8% driven by the recovery of food agriculture and the resilience of the gold […]
Ah, summer—the season when I briefly forget Ottawa’s brutal winters and turn my thoughts to my adopted city’s picturesque parks, fabulous waterways, winding bike trails, and summer festivals. And—dare I say it—the heart-racing thrill of diving headfirst into the captivating world of infrastructure and public-private partnerships (PPPs). Yes, it’s time for the 2023 PPP summer […]
Wix.com, which helps small businesses build and operate websites, swung to a net profit in the second quarter that was more than double forecasts and raised estimates for 2023. The Israeli company said on Thursday it had earned $1.38 per share excluding one-time items in the April to June period, compared with a loss of […]
Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility led by Magnetar Capital and Blackstone and collateralized by Nvidia chips, with the funds to be used to expand to meet rising AI workload, the company said on Thursday. Other lenders in the facility include Coatue and DigitalBridge, as well as BlackRock, PIMCO, and […]
Massachusetts securities regulators have opened an investigation into the ways in which investment firms use artificial intelligence in their interactions with investors, citing concerns about the technology’s potential unchecked use. Massachusetts Secretary of State Bill Galvin, the state’s top securities regulator, on Thursday announced that his office had sent letters of inquiry to a number […]
The Dow and the S&P 500 slipped in choppy trading on Thursday as a jump in bonds yields, downbeat corporate earnings and a slew of economic data pointing to stubborn inflation kept investors on edge. Market participants have been keeping a close watch on data as they fear the Federal Reserve may stick to its […]
Warner Bros Discovery warned Thursday that the dual Hollywood strikes by writers and actors could hit its flagging studio business already bruised by high-profile box office flops including “The Flash.” The strikes have disrupted most of the production for the fall TV season and halted work on films as workers battle over pay in the streaming […]
