«
Notoriously insensitive to subtle shifts in mood, children will persist in discussing the color of a recently sighted cement-mixer long after one’s interest in the topic has waned.
»
"The World Bank has approved a loan of US$750 million (RM3.54 billion) to Colombia, to help the country become more resilient in the face of climate change by buoying up renewable energy efforts and reducing carbon emissions, the bank said yesterday."
That follows a December 2022 loan of US$1 billion.
Articles like this make the lender look good but almost never disclose the terms. Is it aid, or is it rent seeking?
"Wealthy nations have loaned at least $18 billion at market-rate interest. That is not the norm for #loans for climate-related and other aid projects, which usually carry low or no #interest.
At least another $11 billion in loans – nearly all from Japan – required recipient nations to hire or purchase materials from companies in the lending countries. Conditional aid can carry additional costs because recipients can’t consider cheaper contractors."
Somehow, I am not surprised. The crusades were actually about...wait for it...money and power for the church.
...People think the crusades were against Islam. It was mainly against other Christians to subordinate them to Rome. And in order to fight the Cathars in southern France, in order to fight the Germans who resisted paying tribute to Rome, in order to avoid paying the leading Christian church, the Eastern Orthodox Church of Constantinople. The popes hired warlords to come in, the Normans. And the church made a deal beginning around 1050. First of all, in southern Italy and Sicily, a deal that we will recognize Robert Guisgard as the king if you pledge fealty to become a Roman vassal state. We’ll make sure that the population supports you, but you have to kill all the Christians & the real Christians who were loyal to Constantinople & you have to kill the Byzantine areas there...
A judgment formalizing the Feb. 16 verdict by Justice Arthur #Engoron in Manhattan was signed & posted to the court docket on Fri, locking the full #damages amount w/interest in place & starting a 30-day countdown for Trump to #appeal. #NYAG#LetitiaJames has said interest will continue to accrue every day.
If you were a (UK) business with more than 85,000 GBP to stick into savings accounts, how would you handle it?
Related but separate: I vaguely recall a service which keeps an eye on different banks' accounts' rates, and does periodic sweeps to make sure that no single account is outside the #FSCS coverage limit (of 85k) ... but I can't remember its name 🙄 #UkBusiness#Banking#FinancialServicesCompensationScheme#Interest#BusinessBanking#UK#AskFedi#Business#Savings