World Bank
Zimbabwe President Robert Mugabe speaks at the opening of the Global Power Women Network Africa event on May 24, 2012, in Harare. Mugabe lashed out at the 'selfish' West for denying the Nigerian finance minister Ngozi Okonjo-Iweala the opportunity to head the World Bank after she lost to Korean-American Jim Young Kim, in a first-ever challenge to the US domination of the post.
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I am pleased to observe first-hand the progress that the country has been making. The World Bank is ready to support the Government's ambitious reform agenda by contributing not only with financial resources but also with the Bank's technical expertise and international experience
The World Bank is greatly encouraged by Uzbekistan's strategic long-term development goal to become an industrialized, high middle-income country by mid-century. The country has witnessed a good economic performance, but there are important things that remain to be done
Speaking globally ... the World Bank claims that roughly 50% of the world's population does not have access to banking, let alone debit and credit cards, hence our expansion beyond the US and beyond the US dollar. Bitcoin is ideal for this type of arrangement.More quotes »
Newsday's coverage
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World Bank says Europe, US might hurt Asian growth
of regional exports."Prospects for East Asia are, as in other developing regions, weighed down by the persistent tepid recovery of the U.S. and, most particularly, the uncertainty in Europe," the bank said.___Online:World Bank: http://www.worldbank.org Read more »
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Cambodian land protest blocked by police; 5 hurt
our land?" she said.The protesters have said they will demonstrate all week to get attention for their cause.The EU and World Bank did not comment. Cambodia is largely dependent on foreign assistance for its development budget, and the EU is a major donor. Read more »
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Public health pioneer to lead World Bank
who moved to the United States with his family at age 5. His selection extends the tradition of Americans leading the World Bank, dating to the institution's founding in 1944.Kim was in Lima, Peru , on Monday -- the latest stop in a global tour that has taken Read more »
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World Bank trims China 2012 growth outlook
until housing costs decline further, though they have given no target.Next year, growth should rebound to 8.6 percent, the World Bank said.Longer-term, it said China's outlook depends on the government's ability to manage the shift to more self-sustaining Read more »
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Malawi's president dies after heart attack
elections in 2004 in this southern African nation, which is among the world's poorest.During his first term, the former World Bank official persisted with a program to help farmers buy fertilizer even though Western donor nations and agencies warned against Read more »
Around the web
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World Bank approves $4.2 billion loan package for Vietnam
from the International Bank of Reconstruction and Development, estimated to be around $770 million through mid-2014. The World Bank said the new parnership strategy will “support reforms and investments key to Vietnam’s transition to a successful middle income 37 m ago from Thanh Nien News Read more »
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Special Report: Strauss-Kahn resigns as battle for successor rages (News)
of the Bretton Woods system after World War II, the IMF has always been led by a European, while the president of the World Bank has always been from the USA. Former UK Prime Minister Gordon Brown was recently considered as a possible replacement for Strauss-Kahn, 1:04 AM from EurActive.com Read more »
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UPDATE 1-El Salvador says panel rejects complaint from Canadian miner
SALVADOR, June 1 (Reuters) - El Salvador said on Friday a World Bank arbitration panel threw out a complaint from Canadian mining company Pacific Rim demanding compensation for long delays in granting permits at its flagship gold project. The company said 6/1/12 from Reuters Read more »
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Lives and Land Destroyed: Ethiopia for Sale
(roughly equal to two Olympic size athletic grounds) is the going rate. The lowest prices are in Africa, where, says the World Bank, at least 35 million hectares of land has been bought or leased. Other groups, including, Friends of the Earth say the figure 6/1/12 from Dissident Voice Read more »
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A new wind of change blows out of Africa
massive Âpotential for exports. Africa is going to feed the world. AfricaÂs economy is growing incredibly quickly. The World Bank says Africa could be on the brink of economic take-off, Âsimilar to India 20 years ago, and while parts of the continent still 6/1/12 from Daily Express Read more »
