If you ask Kristalina Georgieva, the head of the International Monetary Fund to assess the scale of the crisis facing the global economy, she doesn’t mince her words.
“It is the worst crisis since the Great Depression. But it is more than that because it is a combination of a health crisis and an economic shock. And it is truly global.”
The IMF is the world’s lender of last resort. It has prepared its coffers by bolstering its support from the world’s richest economies and now has about $1 trillion dollars lending capacity – four times more than in the financial crisis.
Over a hundred countries have reached out to the IMF for help – from Afghanistan, to Nigeria, to Haiti – with 45 requests approved already.
Afghanistan, officially the Islamic Republic of Afghanistan, is a landlocked country at the crossroads of Central and South Asia. Afghanistan is bordered by Pakistan to the east and south; Iran to the west; Turkmenistan, Uzbekistan, and Tajikistan to the north; and China to the northeast.
Occupying 652,000 square kilometers (252,000 sq mi), it is a mountainous country with plains in the north and southwest. Kabul is the capital and largest city. The population is around 32 million, composed mostly of ethnic Pashtuns, Tajiks, Hazaras, and Uzbeks.
Haiti is a Caribbean country that shares the island of Hispaniola with the Dominican Republic to its east. Though it’s still recovering from a 2010 earthquake, many of Haiti’s landmarks dating to the early 19th century remain intact. These include Citadelle la Ferrière, a mountaintop fortress.
Jean-Jacques Dessalines (later Emperor Jacques I), defeated Napoleon Bonaparte’s forces and declared Haiti’s sovereignty on 1 January 1804.
Haiti became the only state in history established by a successful slave revolt. Apart from Alexandre Pétion, the first President of the Republic, all of Haiti’s first leaders were former slaves.
ITV (LSE: ITV) is a broadcasting company which was formed from a merger of Granada plc and Carlton Communications in 2004. It holds Channel 3 broadcasting licences in England, Wales, Southern Scotland and the Isle of Man.
Nigeria, an African country on the Gulf of Guinea, has many natural landmarks and wildlife reserves. Protected areas such as Cross River National Park and Yankari National Park have waterfalls, dense rainforest, savanna and rare primate habitats. One of the most recognizable sites is Zuma Rock, a 725m-tall monolith outside the capital of Abuja that’s pictured on the national currency.
