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The phrase "crossing the Rubicon" is an idiom that means "passing a point of no return". [1] Its meaning comes from allusion to the crossing of the river Rubicon from the north by Julius Caesar in early January 49 BC.
Image:BlankMap-World.png – World map, Robinson projection centered on the meridian circa 11°15' to east from the Greenwich Prime Meridian. Microstates and island nations are generally represented by single or few pixels approximate to the capital; all territories indicated in the UN listing of territories and regions are exhibited.
The Rubicon (Latin: Rubico; Italian: Rubicone [rubiˈkoːne]; [1] Romagnol: Rubicôn [rubiˈkoːŋ]) is a shallow river in northeastern Italy, just south of Cesena and north of Rimini. It was known as Fiumicino until 1933, when it was identified with the ancient river Rubicon, famously crossed by Julius Caesar in 49 BC.
The World Bank Group is the globe's most prestigious development lender, bankrolling hundreds of government projects each year in pursuit of its high-minded mission: to combat the scourge of poverty by backing new transit systems, power plants, dams and other projects it believes will help boost the fortunes of poor people.
The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. The IBRD has 189 member governments, and the other institutions have between 153 and 184. [2] The institutions of the World Bank Group are all run by a board of governors meeting once a year ...
World Bank projects cover a range of areas from building schools to fighting disease, providing water and electricity, and environmental protection. [5] The World Bank has been criticized as promoting inflation and harming economic development. There has also been criticism of the bank's governance and response to the COVID-19 pandemic.
The World Bank has admitted “shortcomings” in its protections for people displaced by projects the bank supports. It says it is working to improve its policies and how it enforces them. The bank also says protecting people in the way of big projects is a “cornerstone” of its efforts to “end extreme poverty and promote shared ...
In northern Peru, the World Bank's business-lending arm is part owner of the Yanacocha gold mine, accused by impoverished farming communities of despoiling their land in pursuit of the precious ore. The bank and IFC have stepped up investments in projects deemed to have a high risk of serious and environment damage, including oil pipelines, mines and even coal-fired power plants, an ...