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The World Bank is an international financial institution that provides loans, grants, and technical assistance to countries around the world, primarily to support the development of their economies and the reduction of poverty. The World Bank was created in 1944 at the Bretton Woods Conference and has its headquarters in Washington, D.C. It is one of the two institutions that make up the World Bank Group, along with the International Development Association (IDA). The World Bank is owned by its member countries and is governed by a board of executive directors, who are appointed by member countries. The World Bank has been a major source of financing for development projects around the world and has played a key role in supporting economic growth and poverty reduction in many countries. However, its activities and policies have also been controversial and have attracted criticism from some quarters.
The Biden administration is funding a $4 million project to determine a connection between child labor and climate change in the South Asian country of Nepal. The U.S. Department of Labor on Monday announced the availability of $4 million in federal taxpayer dollars to be released through its Bureau of International Labor Affairs (ILAB) “to…
Human trafficking is the act of compelling someone to work, for little or no pay, through force, fraud, or coercion. It is a multidimensional problem that disproportionately impacts marginalized communities across the United States and around the world. While human trafficking can happen anywhere, systemic injustices like racism, homophobia, sexism, economic inequality, and more lead…
Over the last decade, millions of Venezuelans have fled economic collapse and political turmoil, creating what is possibly the biggest migration crisis in the world. This exodus has represented a massive political challenge for the countries migrants have sought passage through or refuge in. It has also represented a major opportunity for organized crime. Over…
Washington, D.C. January 27, 2023 Free the Slaves is excited to announce the addition of two new members to its board of directors. Their experiences with international anti-trafficking programming and advocacy and their passion for improving the global response to modern slavery will be significant assets to the Free the Slaves board of directors. Fanta…
KINGSTON, R.I. – March 13, 2023 -In recent weeks, the issue of child labor in the United States – particularly among migrant children – has come under new scrutiny. In mid-February, the U.S. Department of Labor issued a release detailing a $1.5 million penalty paid by Packers Sanitation Services Inc., one of the largest food…
The views expressed by contributors are their own and not the view of The Hill In a speech last year announcing the release of the latest Trafficking In Persons Report, U.S. Secretary of State Tony Blinken cited a startling statistic: right now, nearly 25-million individuals around the world are being forced into labor or the…
Author: Kearrin Sims, James Cook University Laos experienced compounding social and economic pressures in 2022. The headline news story of the year was the country’s dire external debt. 2022 was also significant as it marked the 10th anniversary of the enforced disappearance of Sombath Somphone — a community development worker who provided successful alternatives to…
In a speech last year announcing the release of the latest Trafficking In Persons Report, U.S. Secretary of State Tony Blinken cited a startling statistic: right now, nearly 25-million individuals around the world are being forced into labor or the sex trade against their will. Pause for a moment on that number: 25 million. It’s…
Child labour refers to the act of exploitation of children or the economic and commercial exploitation of a person who is below the age of eighteen through any form of work that deprives the person of his or her childhood development and interferes with his or her education. It is the employment of children under…
© Provided by The Hill On Sept. 12, a disturbing new report by the International Labour Organization (ILO), Walk Free and International Organization for Migration (IOM) revealed that the number of people in modern slavery has risen by approximately 10 million since 2016. Fifty million women, children and men are exploited through forms of slavery like forced labor and…
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