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AID News

U.S. housing effort in Haiti falls short

Washington - A U.S. project to provide badly-needed housing for hundreds of thousands of Haitians left homeless by a 2010 earthquake has failed to live up to its promise and went over budget, a government audit said Tuesday.
In the Media by AFP

IMF no longer forces 'structural adjustment': Lagarde

Washington - The International Monetary Fund has changed and no longer imposes tough "structural adjustment" programs as it did in poor countries two decades ago, IMF chief Christine Lagarde said Saturday.
In the Media by AFP

IMF chief says Ukraine bailout won't fail

Washington - IMF chief Christine Lagarde voiced confidence Thursday that Ukraine would meet conditions of a bailout and stabilize its economy, which is reeling after Russia's takeover of Crimea.
In the Media by AFP

US Treasury sets IPO for Ally Financial

Washington - The US Treasury Department announced plans Wednesday for Ally Financial to raise $2.375 billion in a market debut as it winds down its rescue of the big bank.
In the Media by AFP

Homes torched, displaced cry for aid in Sudan's Darfur

- First their homes were torched, and now the people themselves are burning, huddled under crude shelters to escape Sudan's fierce desert sun after fleeing Darfur's worst violence in a decade.
In the Media by AFP

Drought worsens food crisis in poverty-stricken Haiti

Port-au-prince - The World Food Program sounded an alarm Friday over arid conditions in northwest Haiti that have worsened an already dire food shortage in this impoverished country.
In the Media by AFP

Morocco relocation of migrants stirs 'crisis' warning

- Rabat's policy of relocating sub-Saharan migrants, apparently under pressure from Spain to stem a surge in illegal border crossings, is creating a potential humanitarian crisis, according to NGOs.
In the Media by Hicham Rafih (AFP)

Over a million flee South Sudan conflict: UN

Juba - Over a million people in South Sudan have been forced from their homes during more than three months of ongoing fighting, with conditions continuing to worsen, the UN has warned.
In the Media by AFP

Ukraine seen as risky bet for IMF

Washington - The International Monetary Fund is treading on risky ground in rushing to the aid of Ukraine, given the country's instability and poor track record with the international lender.
In the Media by Jeremy Tordjman (AFP)

Japan to offer $1.5 billion aid to Ukraine

Tokyo - Japan is to give up to $1.5 billion in financial aid to Ukraine, the government in Tokyo confirmed Tuesday, as the club of rich nations booted Russia off the membership list.Prime Minister Shinzo Abe announced the figure as he and fellow world leaders,...
In the Media by AFP
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Since Israel s raid of a Gaza-bound aid flotilla  the world s attention has been captured and focuse...
Since Israel's raid of a Gaza-bound aid flotilla, the world's attention has been captured and focused on the Middle East. Supporters of Israel and Palestine stood in front of the Israeli Consulate in Toronto to show their support of their respective side.
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