ASIA BOND MONITOR

Higher Rates Remain a Risk for Emerging East Asia Borrowers

MANILA, PHILIPPINES (11 September 2023) — Governments and central banks in emerging East Asia need to stay vigilant to guard against potential financial risk associated with higher interest rates, according to a report by the Asian Development Bank (ADB). Softening inflation in the past several months has allowed most central banks in the region to hold off on further interest rate hikes, and some have … Continue reading Higher Rates Remain a Risk for Emerging East Asia Borrowers

Senegal

Migrant boat capsizes off Cape Verde; more than 60 people feared

August 17, 2023 Boat departed Senegalese fishing community of Fasse Boye on July 10 with 101 people onboard More than 60 migrants have possibly lost their lives after a boat carrying them was found capsized at Cape Verde peninsula of Senegal in the West African region, as per the official notice. Thirty-eight people, including children, were rescued, BBC reported, adding that footage showed survivors being helped ashore … Continue reading Migrant boat capsizes off Cape Verde; more than 60 people feared

OXFAM REACTION TO BLACK SEA GRAIN DEAL: TIME TO RETHINK HOW TO FEED THE WORLD

OXFAM REACTION TO BLACK SEA GRAIN DEAL: TIME TO RETHINK HOW TO FEED THE WORLD 17 Jul 2023  In response to Russia pulling out of the Black Sea Grain Initiative, Hanna Saarinen, Oxfam food expert, said: “While this grain deal has played a part in calming skyrocketing food prices, it is not the cure-all for world hunger. Hundreds of millions of people were hungry before Russia … Continue reading OXFAM REACTION TO BLACK SEA GRAIN DEAL: TIME TO RETHINK HOW TO FEED THE WORLD

13 million people enjoy better social protection through improved financing

International symposium highlights progress made on sustainably financed social protection in 24 countries, and highlights movements towards universal social protection BRUSSELS/GENEVA/NEW YORK, 11 July 2023 – 13 million people in 24 countries have benefited from increased access to improved social protection systems through an innovative programme on sustainable financing. Sustainably financing social protection systems covers the way that governments mobilize, allocate and manage public resources to … Continue reading 13 million people enjoy better social protection through improved financing

India: 3 Ways the Mobile School is Making a Difference

18 July 2023| Global, NGO In India, ADRA Austria launched an innovative project to provide education to underprivileged children. It’s reported that 21 percent of children in India live in extreme poverty. In order to survive, children are forced into child labor and at times can earn the same amount as an adult to help support their families. Younger children who are unable to work, … Continue reading India: 3 Ways the Mobile School is Making a Difference