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World Bank agrees $7 bln, 5-year partnership with Egypt
  + stars: | 2023-03-22 | by ( ) www.reuters.com   time to read: +2 min
CAIRO, March 22 (Reuters) - The World Bank said on Wednesday it had approved a new $7 billion partnership agreement with Egypt for 2023-2027 with a focus on boosting private sector jobs, provision of better health and education services, and adaptation to climate change. The Country Partnership Agreement (CPF) will entail $1 billion per year from the International Bank for Reconstruction and Development (IBRD) and about $2 billion over five years from the International Finance Corporation (IFC), a statement from the World Bank said. Also on Wednesday the International Finance Corporation (IFC), part of the World Bank Group, announced that it had partnered with the European Bank for Reconstruction and Development and Egypt's Sovereign Fund to develop desalination plants in Egypt through a public-private partnership model. Egypt depends almost entirely for fresh water supplies on the River Nile, and is considered at high risk from the impacts of climate change. Reporting by Nayera Abdallah, Nadine Awadalla and Aidan Lewis, Editing by Louise Heavens, William MacleanOur Standards: The Thomson Reuters Trust Principles.
That was up from 10% in January 2022, but the pessimists were far outnumbered, with 71% of tech workers feeling positive. Many people spent Covid-19 lockdowns developing their digital skills, and plenty wound up switching from other sectors, like retail or education, into tech roles elsewhere. Professional and business services roles, which include engineering and “computer services,” were down 6,000 last month from November. Even so, employers’ broad appetite for tech skills could put something of a floor under wages — and prop up the appeal of tech roles in general — even as the economy slows. Experienced tech workers, rather than those new to the field, largely drove those pay gains, the jobs platform Hired found in research published in September.
[1/2] Rail workers that are members of the ASLEF union stand at a picket line outside Euston station while on strike, in London, Britain, January 5, 2023. REUTERS/Henry Nicholls/File PhotoLONDON, Jan 15 (Reuters) - Strikes disrupting swathes of the British economy look likely to intensify this week, with teachers ready to announce industrial action, according to the Sunday Times, and nurses warning their strikes could double in size next month. Prime Minister Rishi Sunak's government, which sets pay levels in the publicly-funded health and education services, is already dealing with strikes in rail and other industries as wages increases fall behind rapidly rising prices. Last week, a strike ballot by a different teachers' union fell short of the required turnout threshold. Transport minister Mark Harper told Sky News on Sunday that any decision to strike by teachers would be regrettable.
The executive director of an independent Ohio clinic shares her plans for keeping the business open. At the same time, abortion clinics are navigating the new normal. While abortion access is temporarily restored in Ohio, limited timelines mean the viability to run an independent clinic is shrinking. Sri Thakkilapati, the interim executive director at the Cleveland independent abortion clinic Preterm, is trying to balance the two realities. It's always been our mission to destigmatize abortion and support patients through whatever reproductive-health decisions they make.
After a year of double-digit inflation in many countries, UBS is now forecasting "sharp" disinflation in 2023. The bank screened for stocks it expects to be positively impacted in such an environment. The table below shows two stocks across four regions that UBS says will benefit the most from disinflation. British healthcare companies Genus and Hikma Pharmaceuticals ranked highly among the stocks UBS says will benefit from disinflation in the United Kingdom. "The negative payoff from getting our disinflation call wrong is large," strategists led by Arend Kapteyn warned.
Glenn Youngkin shut down a "critical race theory" complaint line because not enough parents were sending in tips. Glenn Youngkin shut down a hotline designed to field complaints about "critical race theory" because not enough people were sending in tips. But, according to USA Today, few parents were sending in tips about CRT. "My primary purpose was to raise the issue of how the governor failed us," Kandise Lucas told USA Today. "I have received no response from your office (not even an auto-reply from your tip line)."
Venezuela's monthly inflation slows to 6.2% in October
  + stars: | 2022-11-04 | by ( ) www.reuters.com   time to read: +1 min
CARACAS, Nov 4 (Reuters) - Venezuela's monthly inflation in October hit 6.2%, a sharp slowdown from September when prices rose 28.7%, according to data released on Friday by the country's central bank. President Nicolas Maduro's government has tapped the brakes on inflation with orthodox economic policies aimed at exchange-rate stabilization, reduced public spending and tax hikes. Year-on-year inflation stood at 155.79%, according to Reuters calculations based on central bank figures, the highest in the Latin American region. High prices coupled with a de facto dollarization in some sectors have severely widened wage gaps between public and private sector workers. The minimum wage is equivalent to about $15 per month and has not been revised since last March.
Investors need to look past short-term market developments and pick out stocks that can withstand these uncertain times. Here are five stocks picked out by the top Wall Street professionals, according to TipRanks, a platform that ranks analysts based on their track records. (See Stride Blogger Opinions & Sentiment on TipRanks) Paris holds the 207th position among around 8,000 analysts tracked on TipRanks. 302 ranking out of about 8,000 analysts on TipRanks, has a 60% ratings success rate. Going by what Needham analyst Alex Henderson has to say about Juniper, the stock is a resounding buy.
But some physicians and patient advocates say the health care investments of private-equity firms and their drive to reap relatively short-term profits are inconsistent with putting patients first. Independent academic studies find that private equity’s laser focus on profits in health care operations can result in lower staffing levels at hospitals and nursing homes. Neither the FTC nor U.S. Anesthesia Partners responded to voice mails seeking comment; a spokesman for U.S. Anesthesia Partners confirmed the inquiry to the Journal, saying it is cooperating. NBC News asked both of NAPA’s private-equity owners about the disputes involving the company and the research showing higher costs associated with private-equity ownership of anesthesiology practices. Covid was sweeping the country and Moses Taylor was doing its best to respond to the health care crisis, according to its lawsuit.
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The purpose of this Open Call for Expression of Interest is to identify eligible Civil Society Organisations (CSOs) for prospective partnerships supporting the delivery of the UNICEF implemented component of the EU4Moldova: Focal Regions programme on “Development of Education Services for Children and Adolescents in Cahul and Ungheni”. The maximum budget allocated for activities under this Call for Expression of Interest is 130,000 EUR. It should be noted that participation in this Open Call for Expression of Interest does not guarantee the CSO will be ultimately selected for a partnership with UNICEF. Applicant CSOs will be informed of the outcome of their submissions by communication sent out to the email/postal address that is indicated in the CSO submission. Bugetul maxim alocat pentru activitățile din cadrul prezentei cereri de exprimare a interesului este de 130.000 EUR.
Persons: August, Perdivar Organizations: UNICEF Moldova, UNICEF Locations: Education, Cahul, Ungheni, partnership, expertise, chisinau, Chisinau, Republic, Moldova, English, Chișinău, Republica Moldova
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You may be eligible for payment assistance toward your mortgage, car payment, credit card, personal loan, or private student loan. 34 banks helping customers impacted by the coronavirusAlly BankMortgagesYou can defer mortgage payments through Ally for up to 120 days. ChaseMortgagesChase is offering mortgage payment assistance. Car paymentsTo request payment assistance for a car loan or other type of consumer loan, visit Regions' loan assistance page or call 1 (866) 298-1113.Credit cardsTo request payment assistance for a credit card, visit Regions' loan assistance page or call 1 (866) 298-1113. Personal loansWebster is offering personal loan payment assistance on a case-by-case basis.
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