Tag: World Bank

• Monday, July 30th 2012 - 23:28 UTC

  As world food-prices soar World Bank says it is ready to help countries

  

  The World Bank on Monday said it stood ready to help governments respond to a broad-based run-up in grain prices that has again put the world’s poorest people at risk and could have lingering detrimental impacts for years.

• Thursday, July 19th 2012 - 07:34 UTC

  World Bank warns that Euro debt crisis will have an impact on most regions

  

  World Bank President Jim Yong Kim on Wednesday warned that most regions of the world will be hurt by the debt crisis enveloping the Euro zone and said it was vital to protect the strong economic gains of the past decade in the developing world.

• Monday, July 2nd 2012 - 05:56 UTC

  New World Bank president pledges to help emerging markets keep expanding

  

  Jim Yong Kim, who took over as World Bank president said his first task will be to help emerging markets keep expanding at a time of stress for the world economy.

• Monday, June 18th 2012 - 01:12 UTC

  European crisis could reduce Latin America’s growth prospects by 40%

  

  An aggravation of the European crisis could reduce growth prospects in Latin America up to 40%, said the Inter American Development bank president Luis Alberto Moreno, particularly because of the influence of European financial institutions in the influx of capital to the region.

• Friday, May 25th 2012 - 01:49 UTC

  OECD/World Bank recommends more inclusive growth economic policy

  

  Economic policy should be better designed to bring about more inclusive growth, ensuring that the benefits of increased prosperity are shared more evenly across society, according to a new report from the OECD and the World Bank.

• Thursday, May 17th 2012 - 11:48 UTC

  World Bank chief economist warns Latam of the “middle-income trap”

  

  In what would be his last speech as part of the organization, Chief Economist and Senior Vice President of the World Bank Justin Lin held a conference at the UN’s Economic Commission for Latin American and the Caribbean (ECLAC) in Santiago de Chile.

• Wednesday, May 2nd 2012 - 05:30 UTC

  World Bank support for Rio Grande do Sul Brazil’s fourth largest economy

  

  The World Bank approved a 480 million dollars loan to strengthen public investment in the Brazilian State of Rio Grande do Sul which will benefit around ten million people.

• Thursday, April 19th 2012 - 19:38 UTC

  World Bank and France criticize Argentina’s “mistake” and international law breach

  

  Argentina's move to nationalize local oil company YPF, controlled by Spain's Repsol, was strongly criticized by the World Bank president Robert Zoellick and French Foreign Minister Alain Juppé.

• Tuesday, April 17th 2012 - 00:28 UTC

  US candidate Dr. Kim chosen World Bank president; takes office next July

  

  US nominee Jim Yong Kim has been chosen as the new president of the World Bank. The Korean-American health expert, president of Dartmouth College faced a strong challenge for the post, which has traditionally gone to an American, from Nigerian Finance Minister Ngozi Okonjo-Iweala.

• Saturday, April 14th 2012 - 06:17 UTC

  Ocampo drops out from World Bank bid; gives full support to Nigerian candidate

  

  Former Colombian finance minister Jose Antonio Ocampo ended his bid to become World Bank president on Friday, leaving two candidates in an unprecedented challenge to US control of the global development institution.