The World Bank warns that there is a global poverty increase as tens of millions of people have fallen back into poverty because of the pandemic. Up to 60 million people worldwide may fall into extreme poverty due to the coronavirus, said David Malpass, head of the World Bank.
"Our estimate is that up to 60 million people will be pushed into extreme poverty, erasing all the progress made in poverty alleviation in the past three years, and our forecasts indicate a deep recession," Malpass said on Tuesday.
According to him, the bank is trying to help people by providing loans in 100 countries and pledged to provide $160 billion in loans up to mid-2021. Malpass did add that these efforts were not enough. He called on creditor countries to join the G20 initiative – a ban on debt repayment for some developing countries.
The North Macedonian House of Representatives unanimously approved on Monday for their country to accept the NATO Accession Protocol, taking the former Yugoslav Republic a step closer towards accession into NATO which is expected to be completed and finalized in the spring. North Macedonia’s rapid accession into NATO is only possible because of the Prespa Agreement signed between Athens and Skopje in June 2018, bringing an end to the name dispute between the two countries that emerged in 1991 with the breakup of Yugoslavia.
The Prespa Agreement, named after a lake that traverses the borders of Greece, North Macedonia and Albania, defined exactly what was meant by "Macedonia" and "Macedonian." For Greece, according to the agreement, these terms denote an area and people of Greece’s northern region, who continue the legacy of the Ancient Macedonian Hellenic civilization, history and culture, as well as the legacy of Alexander the Great. In reference to North Macedonia, these terms denote the modern territory of North Macedonia, the Slavic language and Slavic people with their own history and culture unrelated to the Ancient Macedonians. The agreement also stipulates the removal of North Macedonian irredentist efforts against Greek territory and to align them with UNESCO and Council of Europe’s standards.