Commentary / World Jul 26, 2022
A world in crisis needs both trade and aid
by Ngozi Okonjo-Iweala, Rebeca Grynspan and Pamela Coke-Hamilton
Creating a more sustainable, inclusive and connected future is the moon shot of our times.
A world in crisis needs both trade and aid
Creating a more sustainable, inclusive and connected future is the moon shot of our times.
A rising number of them have recently been hit by soaring prices due to the weaker yen and the war in Ukraine.
China casts giant shadow over emerging nations' chase for debt relief
Beijing has kept a low profile, not only on lending conditions but also on how it renegotiates with borrowers in distress.
Tokyo court dismisses suit over sex industry's exclusion from pandemic aid
The assistance in question does not cover businesses in the sex industry, such as companies dispatching sex workers, operators of "love hotels" or accommodations for sexual activities.
Japan halts aid for coal-fired plants in Indonesia and Bangladesh under climate pledge
The move comes in response to international criticism of coal-fired power, a major source of greenhouse gas emissions blamed for climate change.
Indonesian villagers shocked at Japanese fraud suspect's arrest
Masduki, 43, who is also a teacher, said he knew Taniguchi as a "bona fide investor" economically supporting him and other freshwater fish farmers in the village.
Ukraine war hits Africa's most vulnerable as aid costs spike
Humanitarian agencies were already struggling with price increases under the pandemic. The crisis in Europe made things worse.
Japan signs ¥13 billion loan deal to assist Ukraine's economy
Japan signed a ¥13 billion ($100 million) loan agreement with Ukraine on Monday, offering financial assistance as the country faces an economic crisis due to Russia's invasion.
China’s green Belt and Road push leaves plenty of gray areas
Since China launched the Belt and Road initiative in 2013, the project has come under a lot of criticism for funding polluting activities overseas. That’s started to change with Chinese President Xi Jinping’s recent pledge to stop supporting foreign coal projects. In the past ten ...
India says it only approved use of a commercial plane to collect the items, while a Japanese official insists a deal to let the military transport land was suddenly withdrawn.
U.S., Japan and EU back swift aid to Ukraine as assault in east starts
Prime Minister Fumio Kishida told his counterparts that the government will increase the amount of its loans to be extended to Kyiv to $300 million.
China hesitates on bailing out Sri Lanka and Pakistan as debt soars
Often accused by the U.S. of using "debt diplomacy” for political advantage, Xi Jinping’s government is becoming more reluctant to pull out the checkbook.