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EXPLAINER: Why World Bank is under fire over set of rankings
Read full article: EXPLAINER: Why World Bank is under fire over set of rankingsThe World Bank has dropped a popular report that ranked countries by how welcoming they are to businesses after allegations that it bowed to pressure from China and other governments.
Inquiry puts ex-World Bank officials under scrutiny on China
Read full article: Inquiry puts ex-World Bank officials under scrutiny on ChinaFormer officials of the World Bank are under pressure after an investigation found that they pressured staff members to alter data on global business conditions in order to favor China and some other governments.
In Peru's Cuzco, pandemic devastates tourism and economy
Read full article: In Peru's Cuzco, pandemic devastates tourism and economyCurrently open to maintenance workers only, the world-renown Incan citadel of Machu Picchu will reopen to the public on Nov. 1. Cuzco, the historic capital of the Inca empire near Machu Picchu lives almost entirely from international tourism and is suffering the worst crisis in its recent history. Fredy Deza, Cusco’s regional director of tourism, said there are 8,000 tour guides in the region who do not have access to these benefits. At the moment, 129 Cuzco guides and artisans have received grants of $830 for guides and $415 for artisans, according to official data. The small town of Aguas Calientes, the closest to Machu Picchu, is also a ghost town.