Why are petroleum prices dropping so fast anyway? Have they reached rock bottom yet? Should we be worried if they continue to fall? These are questions that probably every finance minister in either oil-rich or oil importing nations is trying to answer.
Trois ans après le tremblement de terre, Haïti a progressé dans des domaines de développement clés, y compris l'éducation, l'économie et la gestion des risques liés aux catastrophes naturelles. Dans ce video blog, le vice-président régional Hasan Tuluy partage ses cinq voeux principaux pour Haïti en 2013.
Three years after the earthquake, Haiti has made gains in key development areas including education, the economic environment and managing the risk of natural hazards. In this video blog, World Bank regional Vice President Hasan Tuluy shares his top five wishes for Haiti in 2013.
The tree provides shade but scant respite from the heat. Chantal, four months pregnant, has just returned from washing her family’s clothes in the nearby river.
Her small village, just twenty houses and a single dirt road located about 60 kilometers north of the capital Port-au-Prince, has no health facilities of any kind. The nearest health post (staffed for two hours a day by a high school graduate) is an hour’s walk away while the nearest health center is two.
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A few weeks ago a rare storm event known as "Derecho" ravaged the Washington, DC area, claiming many lives and leaving 1.3 million homes and business without electricity. My house was unfortunately among those hit hard by the power outage and in an attempt to cope with the 90F+ temperatures unleashed by the storm, we moved down to the basement -- generally, the coolest part of the house.
For the first few days the novelty was fun for the kids, but as the days wore on, frustration grew, in part because we had no idea when the power would come back on.
I am sitting in a conference room in Panama and the room is so cold it just might start snowing. I can barely write, my fingers are so stiff, and this makes me wonder about the psychology of being cold in a hot climate…about the excessive use of energy while oil hovers around US$86 per barrel and the Earth’s temperature creeps higher.
Since it is often beyond a question of comfort, is it a statement about our rights to consume, about our control over our environment, about wealth? Whatever the cause, the citizens of Mexico City and Managua share the habit with those of Manila and Miami.