- Reuters
World Bank sets goal of expanding healthcare to 1.5 billion people by 2030
The World Bank Group on Thursday unveiled a new goal to help countries deliver affordable healthcare to 1.5 billion people by 2030 by expanding services to remote areas, cutting fees and other financial barriers and focusing on lifetime care. The development lender said it would deploy financing, its own health expertise and new partnerships with private-sector firms, non-governmental organizations and civil society groups in reaching the target, which it defines as a person receiving treatment by a health care worker through an in-person visit or a telehealth appointment. This is being exacerbated by climate change, pandemics, conflicts, societal aging, and a projected shortfall of 10 million healthcare workers by 2030, it said.
- Associated Press
Rap artist GloRilla has been charged with drunken driving in Georgia
The rap artist known as GloRilla has been charged with drunken driving in Georgia, jail records show. GloRilla, whose real name is Gloria Woods, was charged Tuesday with first-offense driving under the influence of alcohol; having an open container of alcohol; and failing to obey a traffic control device, according to Gwinnett County Jail booking records. Woods, 24, of Memphis, Tennessee, was arrested by police in Suwanee, about 30 miles (48 kilometers) northeast of Atlanta.
- Reuters
US creditors push back against some creative funding trades, Moody's says
Lenders are starting to ask for extra protection in junk-rated corporate loans to damp down on a growing practice among some stressed companies to engage in a creative financing technique that allowed them to raise new money, said a Moody’s report on Thursday. Over the past year, many junk-rated companies like At Home Group and Trinseo have engaged in liability-management transactions, called "double dip," to raise new liquidity to pay back maturing debt or in some cases to remain solvent, said Moody's. Under a double-dip, debt is issued by a financing subsidiary, with guarantees from the parent and other subsidiaries.
