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ADB signs risk-transfer deal that lifts its lending capacity

10 years 1 month ago
The Asian Development Bank says it has signed an agreement with the Swedish International Development Cooperation Agency (SIDA) on a risk-transfer scheme under which SIDA will guarantee $155 million out of ADB's $455 million basket of five loans to India — a first for a sovereign loan portfolio for any multilateral development bank.

Colombia's accord deal seems headed to defeat

10 years 1 month ago
BOGOTA, Colombia (AP) — Colombia's peace deal with leftist rebels seemed headed to defeat as votes against the accord held a razor-thin edge in a national referendum Sunday, less than a week after it was signed in front of an audience of heads of states.
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