April 27, 2024
Investment

World Bank’s Banga Denies IFC Cover up of Abuse Involving Kenya School Investment

WASHINGTON (Reuters) – World Bank President Ajay Banga on Monday rejected allegations that the bank’s International Finance Corp arm sought to cover up reports of sexual abuse at a for-profit school chain in Kenya in which it held a stake from 2013 to 2022. Banga, asked during a Center for Global Development public event about

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Investment

Exclusive-India Could Ease China Investment Curbs if Border Stays Calm

By Una Galani, and Peter Thal Larsen DAVOS, Switzerland (Reuters) – India could ease its heightened scrutiny of Chinese investments if the two countries’ border remains peaceful, a senior Indian official said in the first signal that the four-year-old curbs could be lifted. Border tensions, the biggest irritant to relations between the nuclear-armed Asian giants,

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