Biden in ‘historic’ pledge for poor nations ahead of Trump’s return Posted on 19/11/2024 President Joe Biden speaks during the G20 Summit at the Museum of Modern Art in Rio de Janeiro. (AP pic) RIO DE JENAIRO: US president Joe Biden announced a “historic” US$4 billion pledge for a World Bank fund that helps the world’s poorest countries, the White House said Monday, before Donald Trump takes office with a new cost-cutting agenda. The outgoing leader unveiled the money for the International Development Association as he attends the G20 summit underway in Rio de Janeiro, his last time at the gathering of world leaders. “The president announced today that the United States intends to pledge US$4 billion over three years… which is really exciting,” a senior US administration official told reporters on condition of anonymity. The official said the pledge would not be binding on Trump’s incoming administration but said previous Republican governments had also backed top-ups for the fund. US deputy national security advisor Jon Finer earlier called the pledge “historic” and said Biden would “rally other leaders to step up their contributions.” The International Development Association is the concessional lending arm of the World Bank and is used for some of the poorest countries in the globe, including for projects focused on climate. During a six-day tour of South America, Biden has been trying to shore up his international legacy ahead of president-elect Trump’s return to the White House on Jan 20. On Sunday he visited the Amazon rainforest in Brazil to promote his record on climate change, saying that the United States had hit its target of increasing bilateral climate financing to US$11 billion a year. Billionaire Trump has pledged to take a wrecking ball to many of Biden’s policies and has appointed tech tycoon Elon Musk as head of a commission to target what he calls federal government waste. News
Ronaldo double takes Al Nassr to brink of Asian Champions League quarters Posted on 26/11/2024 Ronaldo’s impact edged Al Nassr closer to the last eight, with just two points needed from their final three group matches. (AlNassr FC/X pic) DOHA: Cristiano Ronaldo struck twice for Al Nassr as they continued to thrive in the AFC Champions League Elite, with the Saudi champions defeating Al Gharafa 3-1… Read More
Women’s minister: New national children’s policy ensures child protection, welfare Posted on 24/11/2024 KUALA LUMPUR, Nov 24 — The Ministry of Women, Family, and Community Development (KPWKM) today launched the new National Children’s Policy to ensure that children’s voices are heard and considered in every decision affecting their future. Minister Datuk Seri Nancy Shukri said the policy is a step towards reinforcing efforts… Read More
Ukraine hits Russia with US ATACMS missiles for first time on war’s 1,000th day Posted on 20/11/2024 A Ukrainian military Telegram channel posted an image of US-supplied ATACMS missiles fired from an undisclosed location. (Lachen Pyshe Telegram/AP pic) KYIV: Ukraine used US ATACMS missiles to strike Russian territory on Tuesday, taking advantage of newly granted permission from the outgoing administration of president Joe Biden on the war’s… Read More