MercoPress. South Atlantic News Agency
World Bank committed 17.9 billion USD is support of Latam in 2010
The World Bank Group (WBG) committed 17.9 billion US dollars in fiscal year 2010 –a slightly higher figure over last year’s record lending of 17.1 billion- to support countries in Latin America and the Caribbean (LAC) as they recover from the global financial crisis and resume a path of sustained growth, according to the latest report from the multilateral organization. Read full article
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Disclaimer & comment rulesGood to know that the developing nations of South America are 'standing on their own two feet' :-)
Jul 04th, 2010 - 06:45 am - Link - Report abuse 0to think of all that money going to waste, as we are in a recesion and cutting back on everything, then great britian should have the money,
Jul 04th, 2010 - 10:04 pm - Link - Report abuse 0we would at least spend it wisely, ?
It hurts my balls that people attribute Brazil's growth to 'commodities exports'. Brazil is not dependent on exports. As a matter of fact it is approaching deficit in its international trade due to an overappreciated currency. (Chile, by the way, is highly dependent on commodity exports and it is not growing very much this year.) Brazil's growth is due more to infrastructure investment and the enlargement of its middle-class. Its reported growth rate - 6.5% - is also incorrect. The correct is 7.3.%.
Jul 05th, 2010 - 03:12 am - Link - Report abuse 0Briton,
A country in recession is much better by not borrowing from WTO (or the IMF, for that matter). But that Europe believes the solution to its problems is budget cutting, is regrettable.
The real shame is that governments should realize that spend - spend - spend can never be good; the results are proving this.
Jul 05th, 2010 - 04:21 am - Link - Report abuse 0spent, spent in the people is always good.
Jul 05th, 2010 - 04:45 am - Link - Report abuse 0social cut means recession.
UK´s war & defense budget is half deficit; but Cameron will cut in working class & pensioners.
Well we have enemies Billy, what do you expect?
Jul 05th, 2010 - 06:26 am - Link - Report abuse 0Thing is, Billy boy, a large proportion of the British people are prepared to accept some cuts in order to have appropriate military forces.
Jul 05th, 2010 - 11:40 am - Link - Report abuse 0Try to remember that when there are two 65,000 ton British aircraft carriers somewhere off your coast. It won't be 4 Eurofighter Typhoons then, it will be 80 plus combat aircraft.
....“Well we have enemies Billy, what do you expect?”....
Jul 05th, 2010 - 05:30 pm - Link - Report abuse 0- That's your fault! Stop stealing and invading lands, resources and give those territories back to their true owners! that way you won't have enemies anymore!
jorge! Don't be silly. You aren't old enough for this discussion. Off to bed now, and don't forget to take your pee-pee pot with you. And hope no-one steals it in the night!
Jul 05th, 2010 - 09:33 pm - Link - Report abuse 0sadly my friend you may well be right, everybody has to suffer years of goverment failers and incompetence, and once again its always the poor that suffer,
Jul 06th, 2010 - 12:15 am - Link - Report abuse 0We haven't stolen anything jorgy- boy. It belongs to us and we make full use of it ... haven't you noticed?
Jul 06th, 2010 - 12:55 am - Link - Report abuse 0nearly, times of two carriers will be finished.
Jul 06th, 2010 - 03:41 am - Link - Report abuse 0trident is toast.
oil is not viable in operation zone.
thats why we are the best mate, our carriers are not reliant on fuel as such, they have electric motors, sea water creates power,
Jul 06th, 2010 - 02:05 pm - Link - Report abuse 0soon we may all go electric, ecept argentina, they are still sorting through the rocks
Hey, Billy. “nearly, times of two carriers will be finished.” Que?
Jul 10th, 2010 - 06:36 pm - Link - Report abuse 0No, Trident MAKES toast.
More British companies coming in.
Think on!
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