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Taxpayers must pay the freight for over-budget train projects
Topic - Abdullah Bin Abdul-Aziz
Approval by an arm of the World Bank for a $26 million loan to build a luxury hotel in Ghana — a West African nation where 40 percent of the people live in poverty — was "not an appropriate use of public funds" and should not have received U.S. government support, the chairman of a Senate subcommittee that oversees the bank says.
One of the world's richest men and a member of the Saudi royal family has received approval for a $26 million loan from a branch of the World Bank to build a luxury hotel in Ghana, a West African nation with a developing economy but where 40 percent of the people live in poverty.
President Obama's top national security aide will visit Saudi Arabia and the United Arab Emirates this week, the White House said Sunday, as popular unrest continues to unsettle the region.
The king of Jordan fired his government in a surprise move on Tuesday amid nationwide protests calling for political reforms, as similar demonstrations were sweeping through the Arab world.
In a letter to Mr. al-Bakhit, Abdullah said the new government's chief task would be to "take speedy, practical and tangible steps to unleash a real political reform process that reflects our vision of comprehensive reform, modernization and development."
Abdullah said political reform had been held back by "imbalances and individuals who balked at change."