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Roderick and Floris Wolters: Freezing the Sun

Rummaging through the archives of Twente Technical University, two enterprising students struck gold: An experiment carried out around the turn of the century but not taken to the next level. After a bit of tinkering, the brothers Roderick and Floris

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Ginni Rometty: Steering a Behemoth onto the Cloud

Considered the world’s most powerful woman in business in 2012, IBM Chairperson and CEO Ginni Rometty is steering her company to the cloud. Not one to set modest goals, Mrs Rometty wants IBM to reclaim its dominant position by identifying

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World Bank Group: Remittances – A Vital Channel for Global Cash Flows

Envision the world economy as a complex, interconnected array of financial engines whose propulsion helps reinforce one another’s momentum. One of the component engines is a small but significant one that, until a few years ago, was not recognised for

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World Economic Forum Opens in Davos: Sharing and Caring

Davos – Over 2,600 of the world’s most notable people have ascended to Europe’s highest mountain town for a series of meetings that aim to address “key issues of global importance.” Nestled at 1,560m above sea level in a picture-perfect

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UNCDF: A Roadmap for Financial Inclusion

Nephathli is a man from Lesotho, formerly a mineworker in South Africa. His family’s main source of income is the profit made on the sale of chickens and eggs. Nephathli’s income varies from month to month depending on how many

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Fishing for a Sustainable and Equitable Future in the Pacific

World Bank approves US$32.97 million for regional fisheries program. The World Bank’s Board of Executive Directors today approved US$32.97 million in International Development Association (IDA) grants and credits to support the Pacific Islands Regional Oceanscape Program (PROP) – a regional

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World Bank Approves Financing for Nepal Grid Solar and Energy Efficiency Project

The World Bank today approved a US$130 million credit for the Nepal Grid Solar and Energy Efficiency Project to help address Nepal’s energy shortages that are a major constraint to economic growth and overcoming poverty. The project intends to increase

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World Bank to Promote High-Quality Innovations in Kazakhstan

The World Bank Group’s Board of Executive Directors today approved a US$88 million loan to help Kazakhstan foster innovation by promoting high-quality nationally relevant research and commercialization of technologies. The Fostering Productive Innovation Project will contribute to improving critical areas, such

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Lebanon: Developing an Internet Ecosystem to Keep Young Talent at Home

High youth unemployment has led to high economic migration from Lebanon Creating an internet workspace could help would-be entrepreneurs Lebanon is well-positioned to develop apps for international markets With youth unemployment close to 34 percent—and little domestic demand for educated

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World Bank: Transforming the Economy to Achieve Zero Net Emissions

To stabilize warming at less than 2 degrees Celsius, as the international community agreed in 2009, the world will have to cut greenhouse gas emissions to net zero before 2100. Economic policy will be the key to mobilizing that global

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