News from Around the World

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Peter Biro / European Union / CC BY-NC-ND

'No country is untouched': Global Nutrition Report highlights compounding malnutrition


WASHINGTON — Every country in the world experiences the burden of malnutrition and many nations now see a compounding of different forms including stunting, wasting, anemia, and obesity, according to the “2018 Global Nutrition Report.”

Child stunting, anemia in women of reproductive age, and overweight in women were examined in 141 countries that had consistent data on those malnutrition indicators. Findings show 88 percent (124 countries) have high levels of at least two different types of malnutrition, while 29 percent have high levels of all three.

fsdkenya.org

A Look at Digital Credit in Kenya and Why Access Alone Is not Enough


In addition to working at a hospital in Nairobi, Kenya, Grace is a clothing entrepreneur. She uses a mobile app to take out loans that help her keep the business running.

“My customers usually don’t pay for the clothes immediately, so I usually borrow to ensure I can go to the market and buy goods for sale as I wait for payment,” Grace said, who used a loan from Tala to start her clothing business which provides her with additional income outside her work at the hospital.

Gender Equality SGDs

A new index shows how to measure gender equality in the SDGs


CANBERRA — In today’s development thinking, gender plays an key role — including in achieving the outcomes of the Sustainable Development Goals. But in progressing the SDG gender agenda, how do you create a solid set of data and monitor progress?

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A new US development finance agency takes flight


WASHINGTON — The United States will have a new development finance institution.

On Wednesday, the U.S. Senate passed the Better Utilization of Investment Leading to Development, or BUILD Act, which will create a new U.S. government agency — the U.S. International Development Finance Corporation. Development experts called it the biggest change in U.S. development policy in 15 years.

A view of the plenary session at the 6th Africa CEO Forum

Africa's leading private sector investment conference kicks off in Abidjan


ABIDJAN — Transforming Africa — and how to effectively do so in a digital era — shaped panel discussions and sideline debates during the opening day of the sixth annual Africa CEO Forum, the continent’s premier private sector conference, which kicked off Monday in Abidjan, Côte d’Ivoire.

Illustration by Matt Murphy appearing in The Economist article "The workplace of the future"

AI-spy: The workplace of the future


As artificial intelligence pushes beyond the tech industry, work could become fairer—or more oppressive

Guido Sandleris Source: TORCUATO DI TELLA UNIVERSITY/EPA/REX via Shutterstock

Argentina's Central Bank Chief Warns on Outlook


Argentina’s new central bank governor said it was “definitely too soon” to declare that stability had returned to the country’s battered currency, whose dramatic slide this year forced Buenos Aires to seek a bailout from the IMF.

The Argentine peso has gained more than 10 per cent since a monetary policy programme backed by the IMF was put in place when Guido Sandleris took over at the central bank last month. But, Mr Sandleris warned, rising global interest rates and a possible US-China trade war meant the outlook for emerging markets, including Argentina, was still unclear.

Jerome Powell, seen at the 2016 Jackson Hole economic symposium, headlines a long list of central bankers gathering in the Grand Tetons this week. PHOTO: DAVID PAUL MORRIS/BLOOMBERG NEWS

As Central Bankers Meet, Economic Uncertainties Weigh on Sunny Outlook


Tariffs, emerging markets and U.S. discord are likely to be the focus of side conversations at the Fed’s annual mountain retreat

ASEAN Hub

Asia-Pacific turns to innovative finance to stamp out malaria


HANOI, Vietnam — With grant funding for malaria drying up, global health advocates have come to this year’s World Economic Forum on ASEAN with a pitch for more innovative financing — including from institutions such as the Asian Development Bank.

Will Oliver/EPA

Bank of England Holds Rates, Keeps Options Open before Brexit


LONDON (Reuters) - The Bank of England kept interest rates steady on Thursday and hinted at slightly faster future rises in borrowing costs if Brexit goes smoothly, but warned all bets were off if next March brought a “disruptive” EU departure.

The BoE said its nine rate-setters voted unanimously to hold interest rates at 0.75 percent, in line with expectations in a Reuters poll of economists, after raising them in August for only the second time since before the financial crisis.