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World Bank Peddling Private For-Profit Schools in Africa
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Private, for-profit schools in Africa funded by the World Bank and U.S. venture capitalists have been criticized by more than 100 organizations who’ve signed a petition opposing the controversial educational venture.
A May statement addressed to Jim Kim, president of the World Bank, expressed deep concern over the global financial institution’s investment in a chain of private primary schools targeting poor families in Kenya and Uganda and called on the institution to support free universal education instead.
Read more: World Bank Peddling Private For-Profit Schools in Africa
OECD updates anti-tax evasion list
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The Global Forum on Transparency and Exchange of Information for Tax is a taskforce of the Organisation for Economic Co-operation and Development (OECD) in Paris. It was given additional powers by the world’s leading powers following the global financial crisis.
Moves against tax havens and off-shore centres across the world had gone into abeyance for some time. But the new impetus meant many countries now aim to share information about their citizens and corporations.
Human Rights Hopes Frustrated at Addis Abeba Summit
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On July 16th, governments adopted the Outcome of the Third Conference on Financing for Development, held in Addis Ababa (Ethiopia), called the “Action Ababa Action Agenda” (AAAA or the “Outcome”).
The broad-based disappointment of civil society with an outcome document that has very little to welcome was evident in statement after statement, including the collective one issued by the hundreds of CSOs in the Financing for Development Group. A number of process failures – that some delegates confessed to have never seen in a UN process before — converged to reach the poor outcome.
Read more: Human Rights Hopes Frustrated at Addis Abeba Summit
Agreement on sustainable development agenda
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Member States of the UN reached agreement on the outcome document that will constitute the new sustainable development agenda, to be adopted at the UN Conference in New York end of September 2015.
The objective is to end poverty by 2030, to promote shared economic prosperity and to protect the environment.
