A new World Bank loan aimed at strengthening the Philippines ' health system is facing delays as the Washington-based multilateral lender awaits a go-signal from the Department of Justice (DOJ). "The project will become effective upon obtaining the legal opinion from the DOJ and the adoption...
VATICAN CITY (AP) — Black smoke is again pouring out of the Sistine Chapel chimney, indicating that no pope was elected on second or third ballots of the conclave to choose a new leader of the Catholic Church. The smoke billowed out at 11:50 a.m. on Thursday after the morning voting session to...
SAN FRANCISCO (AP) — REAL ID requirements for those flying within the United States begin Wednesday after nearly 20 years of delays. The day ahead of the deadline, people lined up at government offices across the country to secure their compliant IDs. In Chicago, officials established a Real ID...
Two ongoing project loans for the Philippines, aimed at improving the livelihood of farmers and fisherfolk, are bearing fruit, according to the World Bank. The Washington-based multilateral lender 's latest implementation status and results reports for two investment project financing (IPF)...
The World Bank has cited some inroads in the long-delayed Metro Manila flood control project, which is being partly funded by a loan it approved eight years ago. "The progress is moderately satisfactory with 38 pumping station construction sites and solid waste reduction activities," the...
No Philippine budget cover from 2023 to 2025 The World Bank has once again flagged delays in a project it is funding to better equip Metro Manila against earthquakes, which may prove more costly when the Philippines ' capital region is shaken by the anticipated "Big One." "Despite significant...
Filipinos will repay another World Bank loan until 2053, after the Marcos administration's chief economic manager signed the agreement for the Philippines first energy transition and climate resilience development policy loan (DPL). On behalf of the Philippine government, Finance Secretary Ralph G....
The Marcos administration's chief economic manager has signed another loan agreement with the World Bank, committing to repay the concessional financing until 2053. A World Bank document showed that Finance Secretary Ralph G. Recto, on behalf of the Philippine government, signed the loan agreement...
Liberalized rice trade in the Philippines not only pulled prices down but also benefited farmers as well as the poor, according to the World Bank. The World Bank deems short-term subsidies—like the so-called "NFA rice" of the past—as ineffective in lifting the food-poor from their plight, as...
A United Launch Alliance Atlas V rocket with a payload of 27 of Amazon's Project Kuiper internet satellites lifts off from Launch Complex 41 at the Cape Canaveral Space Force Station, Monday, April 28, 2025, in Cape Canaveral, Fla. (AP Photo/John Raoux) CAPE CANAVERAL, Fla. (AP) — Amazon’s...
Mourners leaves flowers at a memorial site for the victims of an incident where a car drove through a crowd killing multiple people in Vancouver, British Columbia, Monday, April 28, 2025. (Rich Lam/The Canadian Press via AP) VANCOUVER, British Columbia (AP) — As members of the Le family headed...
This image taken from video provided by WCIA shows first responders working the scene after a car smashed through a building during an after-school program, killing multiple people Monday, April 28, 2025, in Chatham, Ill. (WCIA via AP) CHATHAM, Ill. (AP) — Four children were killed and several...
