Daily Archives: March 30, 2024

IMF Confirms Increasing Egypt’s Bailout Loan To $8 Billion

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CAIRO — The executive board of the International Monetary Fund confirmed a deal with Egypt to increase its bailout loan from $3 billion to $8 billion, in a move that is meant to shore up the Arab country’s economy, which is hit by a staggering shortage of foreign currency and soaring inflation. In a statement late Friday, the board said its decision would enable Egypt to immediately receive about $820 million as part of the deal, which was announced earlier this month. The deal was achieved after Egypt agreed with the …

Vatican Confirms Pope Will Preside Over Easter Vigil

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ROME — The Vatican confirmed Pope Francis would preside over the Easter Vigil service Saturday night, after he decided at the last minute to skip his participation in the Good Friday procession at the Colosseum as a health precaution. The Vatican’s daily bulletin confirmed Francis would lead the lengthy vigil in St. Peter’s Basilica, one of the most solemn and important moments in the Catholic liturgical calendar. The service, which is due to begin at 7:30 p.m. and usually lasts two hours, commemorates the resurrection of Jesus and includes the sacrament …

China’s Gambling Hub Macao Holds Final Horse Race

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MACAO — After more than 40 years, Macao’s horse track hosted its final races Saturday, bringing an end to the sport in the city famous for its massive casinos. In January, the city’s government said it would terminate its contract with the Macao Jockey Club in April. The decision came at the request of the Macao Horse Race Company, which cited operational challenges as part of the reasons for the closure. On Saturday, gamblers congregated in the half-full stands and placed their final bets. Some tourists also visited the track. Mai …

West African Project Helps Women Farmers Claim Their Rights, Land

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ZIGUINCHOR, Senegal — Mariama Sonko’s voice resounded through the circle of 40 women farmers sitting in the shade of a cashew tree. They scribbled notes, brows furrowed in concentration as her lecture was punctuated by the thud of falling fruit. This quiet village in Senegal is the headquarters of a 115,000-strong rural women’s rights movement in West Africa, We Are the Solution. Sonko, its president, is training female farmers from cultures where women are often excluded from ownership of the land they work so closely. Across Senegal, women farmers make up …

Historian Goodwin, Musician Anderson to Get Academy of Arts and Letters Medals

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new york — Doris Kearns Goodwin, Laurie Anderson and the president of the Harlem School of the Arts, James C. Horton, are being honored by the American Academy of Arts and Letters.  The academy announced Friday that Goodwin, the Pulitzer Prize-winning historian, is receiving a Gold Medal for biography. Anderson, the celebrated avant-garde performer, will be given a Gold Medal for music. Horton, who has run the renowned Harlem school since 2022 and has worked in education for decades, is being cited for his “significant contribution to the arts.”  All three …