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Uganda president defiant after World Bank suspends funding over LGBT law
Reuters via Yahoo ^ | August 10, 2023 | Elias Biryabarema

Posted on 08/11/2023 7:08:16 AM PDT by Salman

KAMPALA (Reuters) -Uganda's President Yoweri Museveni on Thursday denounced the World Bank's decision to suspend new funding in response to a harsh anti-LGBTQ law and vowed to find alternative sources of credit.

The country would have to revise its budget to absorb the move's potential impact, a junior finance minister said.

The World Bank said on Tuesday that the law, which imposes the death penalty for certain same-sex acts, contradicted its values and that it would pause new funding until it could test measures to prevent discrimination in projects it finances.

...

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Culture/Society; Foreign Affairs; News/Current Events
KEYWORDS: homosexualagenda; notbending; uganda; worldbank
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To: EEGator

Yep


21 posted on 08/11/2023 7:21:50 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: EEGator

Right. Globohomo or the subs from Africa. Tough choice.


22 posted on 08/11/2023 7:22:56 AM PDT by Levy78 (Reject modernity, embrace tradition. )
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To: wildcard_redneck

This is the World Bank, not the United Nations.

The headquarters for the world bank is in...Washington, D.C. Surprise, surprise!

Uganda can tell the World Bank to stuff it and get loans from China or Russia.


23 posted on 08/11/2023 7:26:35 AM PDT by packagingguy
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To: Salman

The new Khaddafi? Bolsanaro? Trump? The Ecuadoran guy?If you can’t kill them outright with a knife to the butt then bleed and starve them.


24 posted on 08/11/2023 7:28:52 AM PDT by Karliner (Heb 4:12 Rom 8:28 Rev 3, "...This is the end of the beginning." Churchill)
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To: Salman; Red Badger

... or maybe use part of that estimated $12,000,000,000,000 (that’s right - $12 TRILLION) gold strike recently found there.

reference: https://www.youtube.com/watch?v=B6I4SCOYDps

Kinda helps sort out why things are suddenly popping off in that part of the world, doesn’t it?


25 posted on 08/11/2023 7:28:54 AM PDT by jimjohn (We're at war, people. Start acting like it.)
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To: Salman

The morons that run it must be taking orders from Biden Admin morons


26 posted on 08/11/2023 7:29:19 AM PDT by butlerweave
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To: Salman

Maybe there needs to be a micro-funding movement that supports countries like Uganda in upholding morality.


27 posted on 08/11/2023 7:30:16 AM PDT by politicket
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To: dfwgator

“ Aid” does more harm to Africa than good”

The “Aid” to promote Aids.


28 posted on 08/11/2023 7:30:59 AM PDT by libh8er
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To: Salman

Just stop to think about this for a minute:

The World Bank, the major global multi-lateral bank for funding projects and countries in the 3rd world, founded at Bretton Woods at the end of WWII, run by Americans and funded by top donor countries - is now sanctioning countries for their LGBTQ policies.

Tell me again how “Globohomo” isn’t real.


29 posted on 08/11/2023 7:32:47 AM PDT by PGR88
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To: libh8er

Every once in awhile, I come across something that totally challenges my world view and how I see things, this article was one of them

For Gods Sake, Please Stop The Aid
https://www.spiegel.de/international/spiegel/spiegel-interview-with-african-economics-expert-for-god-s-sake-please-stop-the-aid-a-363663.html


30 posted on 08/11/2023 7:33:55 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: Salman
The World Bank....
"The World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American.[9] The World Bank and the IMF are both based in Washington, D.C., and work closely with each other.

"The Gold Room at the Mount Washington Hotel where the International Monetary Fund and World Bank were established Although many countries were represented at the Bretton Woods Conference, the United States and United Kingdom were the most powerful in attendance and dominated the negotiations.[10]: 52–54  The intention behind the founding of the World Bank was to provide temporary loans to low-income countries that could not obtain loans commercially.[11] The bank may also make loans and demand policy reforms from recipients.[11]"

Source: https://en.wikipedia.org/wiki/World_Bank,

The World Bank is headquartered in Washington, DC. and the Wiki page lists is almost complete "tradition" of having a US citizen atop the "world" bank, with one exception now replaced.

So now the "world bank" -- read, US -- is pushing countries what resist the LGBT+ ideology. What does this ideology have to do with banking? Not a damn thing.

The World Bank and International Monetary Fund are finding that, like SWIFT, sanctioning nations to be compliant to certain ideologies is pushing these nations to seek alternatives. Over time, this is happening.

But the US-led LGBT+ (Democrats, really) ideology is proving a "bridge too far" for many, and this predicts greater schism.

31 posted on 08/11/2023 7:35:32 AM PDT by Worldtraveler once upon a time (Degrow government)
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To: Salman

Good for him. As a bonus, his country will be better off if they can get by without dealing with the World Bank.


32 posted on 08/11/2023 7:39:24 AM PDT by EastTexasTraveler
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To: Salman

Muslim nations will probably support and fund their position.


33 posted on 08/11/2023 7:39:27 AM PDT by airborne (Thank you Rush for helping me find FreeRepublic! )
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To: dfwgator
I read that when we were residents in Germany almost two decades ago. The article, in German there of course, sparked a lot of discussion, and many of our friends and colleagues came to agree with the “stop helping us,” simply because “free” destroys any local market and keeps those “helped” weak and dependent.

As time passes, I agree even more with the sentiment. The old adage, "feed a man a fish, or teach a man to fish...." Multi-nationals push the former and then lobby Western governments to PAY them to send the "free" to the "needy," thereby making it a profitable enterprise for some to keep others from creating profitable enterprises locally.

34 posted on 08/11/2023 7:40:10 AM PDT by Worldtraveler once upon a time (Degrow government)
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To: dfwgator

You are not supposed to say any of it. Aid to Africa is how politicians virtue signal (with other people’s money). A rough analogy is how welfare destroyed the black family here.


35 posted on 08/11/2023 7:51:01 AM PDT by libh8er
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To: libh8er

But..but...there won’t be snow in Africa this Christmas!


36 posted on 08/11/2023 7:52:03 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: No name given

+1000


37 posted on 08/11/2023 7:57:30 AM PDT by Reverend Wright ( Everything touched by progressives, dies !)
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To: silverleaf

Nor will the World Bank defund Malaysia, who now if offering prison sentences for wearing LGBT+ themed Swatch watches.


38 posted on 08/11/2023 7:59:09 AM PDT by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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To: Sirius Lee

The USA appoints the Head of the World Bank.

The forced spread of Globohomo LGBT is coming from Washington, not New York.


39 posted on 08/11/2023 8:00:07 AM PDT by Reverend Wright ( Everything touched by progressives, dies !)
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To: All

Uganda’s President Yoweri Museveni denounced the World Bank’s decision to suspend new funding in response to Uganda’s harsh anti-LGBTQ law which imposes the death penalty for certain same-sex acts.


Hey, Yo.....way to go.


40 posted on 08/11/2023 8:05:30 AM PDT by Liz (More tears are shed over answered prayers than over unanswered ones. St Teresa of Avila)
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