Tag Archives: World Bank

Borgen Project Hopes to End Extreme Poverty by 2030

By JENNIFER SCHNEIDER The waves lapped against the small fishing vessel in Dutch Harbor, Alaska. While the Internet connection glitched, a young Clint Borgen used the paychecks from his job on the fishing vessel to fund what would eventually become a national campaign that focuses U.S. political attention on extreme poverty around the globe. That was back in 2003, when

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Pemex Burns $2 Billion of Natural Gas in Three Years

By KELIN DILLON According to new estimates from the the World Bank’s Global Gas Flaring Tracker 2022 Monitoring Report, Mexico has burned and effectively wasted approximately $2 billion worth of natural gas over the past three years, as state-owned oil company Petróleos Mexicanos’ (Pemex) lack of functional storage infrastructure has made it impossible to save and store the natural gas

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A Fare-Thee-Well Lucheon for a Departing Diplomatic Wife

By THÉRÈSE MARGOLIS After seven years in Mexico, the head of the World Bank’s International Finance Corporation in Mexico, Norbert Schneider, and his wife Yudith Malamud, will be leaving the country early next week. Schneider is being transferred by the World Bank to Panama, along with Malamud and their three children, Joseph, Jennifer and Jonathan. But before she left, Malamud

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Azeri Envoy Marks First Anniversary of Reunited Nation

By THÉRÈSE MARGOLIS It was a day of absolute jubilation and unrestrained celebration for Azerbaijani Ambassador to Mexico Mammad Talibov and his wife Kamala Talibova when they hosted a diplomatic reception at the Presidente Intercontinental Hotel Polanco on Friday, Nov. 5, to commemorate the first anniversary of their reunited country after nearly three decades of occupation of a fifth of

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