economic development

World Bank Group is considering lending Sri Lanka $100 million to expand higher education including increasing enrollment in priority areas for economic development like science, engineering and mathematics, and promoting innovation. [...] A Finance Ministry statement said the proposed programme aims to increase enrollment in higher education programmes that are important for an aspiring upper middle income country.

Representatives of Zambia’s Public-Private Partnership Unit (PPP) returned at the weekend from a visit to the United Kingdom where they presented project opportunities valued at more than USD 22 billion to prospective investors. [...] “Our motives are clear. More and better roads, railways, energy, water, sanitation and housing will improve productivity in our economy, create jobs and lift Zambians out of poverty.’’

BEIRUT: Prime Minister Saad Hariri on Sunday called for job creation across the Middle East to boost regional stability and counter extremist ideology. “This goal can only be achieved through the stimulation of economic growth and full partnership between the public and private sectors,” Hariri said, speaking at the 17th Doha Forum in Qatar.“In the age of globalization, extremism has become globalized, and so have terrorism and dangers,” he continued. “There is no way to confront them except by a globalized response.”

International politics surrounding Taiwan is quietly changing thanks to a rejuvenation in Japan–Taiwanese relations. But revitalised bilateral ties are likely to spell trouble for already rocky Sino–Japan relations. [...] The Tsai Ing-wen administration has been especially eager to expand such ties with Japan because of its anxiety over Taiwan’s economic dependence on mainland China.

German Chancellor Angela Merkel uncovered on Monday her intension to employ diplomatic channels in search for a peaceful solution to the ongoing war in Yemen, adding that she already received the support of Riyadh in this regard. [...] Merkel held talks with Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed on the conflicts in Yemen, Libya and Syria, as well as strengthening economic ties.

For those in the West who have lived the second half of the 20th century, being under the United States’ tutelage was a mere fact of life. As the great victors of World War II and uncontested rulers of nearly every international institution in the world – UN, IMF, World Bank, GATT, NATO etc. – North Americans have transformed Central and South America into their own backyard. Now change is said to be underway. 

Zimbabwe is crafting a national diaspora website, aimed at facilitating the engagement and participation of citizens living out of the country in national development, the Ministry of Macro Economic Planning and Investment Promotion has said. In a statement, the ministry said the website was part of operationalising the diaspora policy.

The many ways in which countries can cooperate in promoting cultural heritage and intercultural dialogue were the main topics discussed by the foreign ministers of Greece, Italy, China, Egypt, India, Iran, Iraq, Peru, Bolivia and Mexico in the “Ancient Civilizations”  conference held in Athens on Monday. [...] Well-known Greek and foreign archaeologists, professors and museum directors from these ten countries spoke about the proposed actions and successful examples of culture management.

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