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South African Airways (SAA) is the flag carrier of South Africa. [3] Founded in 1929 as Union Airways it later rebranded to South African Airways in 1934, the airline is headquartered in Airways Park at O. R. Tambo International Airport in Johannesburg and operates a hub-and-spoke network, serving 13 destinations in Africa and two intercontinental destinations to Perth, Australia and São ...
Since joining the World Bank in 1945, South Africa has accepted fifteen separate loans from the World Bank to fund a broad spectrum of national development projects ranging from energy, agriculture, finance, trade, sanitation, and more.
The World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American. [12] The World Bank and the IMF are both based in Washington, D.C., and work closely with each other.
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 ...
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
The executive directors collectively represent all 187 member states of the World Bank, although decisions regarding IDA matters concern only the IDA's 172 member states. The president oversees the IDA's overall direction and daily operations. [16] As of May 2024, Ajay Banga serves as the President of the World Bank Group. [17]
Soon after the reports of the theft from the Bangladesh central bank, a second, apparently related, attack was reported to have occurred at a commercial bank in Vietnam. [65] [66] Both attacks involved malware written to both issue unauthorized SWIFT messages and to conceal that the messages had been sent. After the malware sent the SWIFT ...
The World Meteorological Organization (WMO) originated from the International Meteorological Organization (IMO), which was founded in 1873. Established in 1950, WMO became the specialized agency of the United Nations for modern meteorology (weather and climate), operational hydrology and related geophysical sciences.