Tag: World Bank

Sunday, October 9th 2011 - 07:23 UTC
World Bank calls on Germany to take stronger political leadership in Euro crisis

The World Bank has called on Germany to take a stronger political leadership role in Europe in order to end the Euro zone debt crisis.
Thursday, September 29th 2011 - 16:17 UTC
US decision to vote against loans for Argentina “will not affect funding for 2012”

Washington's decision to vote against loans for Argentina from multilateral development banks “will not affect the country's funding for 2012”, an Argentine government source said on Wednesday.
Thursday, September 29th 2011 - 00:40 UTC
‘Why support Argentina financially when the country threatens Falklands?’

Why should the UK support Argentina financially when the country is acting against British interests particularly in issues such as the Falkland Islands, asks an article in the Mail-online.
Thursday, September 29th 2011 - 00:12 UTC
US will vote against loans to Argentina in World Bank and IDB

The US State Department said on Wednesday that Argentina must normalize relations with creditors. The statement follows an announcement last week from the Treasury Department warning that the US will vote against granting loans to Argentina in multilateral organizations.
Tuesday, September 27th 2011 - 05:58 UTC
World Bank reminds Argentina of G20 duties and urges payment of defaulted debts

Argentina should pay its debt with the Paris Club group of creditor nations if it wants to continue receiving foreign investment, said Paolo Martelli, director for Latin America of the World Bank’s International Finance Corp, reports Buenos Aires daily La Nación.
Friday, September 23rd 2011 - 07:27 UTC
US and EU markets negative sentiment extends to Asian stocks with record losses

Asian stocks have fallen on Friday, with some indexes driving towards their worst weekly losses since 2008. The Group of 20 nations said they were ready to preserve stability in the financial markets.
Thursday, September 22nd 2011 - 07:42 UTC
Latin America and the Caribbean’s Long-Term Growth: Made in China?

Robust growth over the past decade in Latin America and the Caribbean (LAC) has had one new, key driver: China. The region’s relationship with the Asian giant has proved to be a critical source of stability, both during the global economic crisis of two years ago, the greatest since the Great Depression, and even the current market turmoil that is rolling across Europe and the United States.
Monday, September 19th 2011 - 21:20 UTC
EU and US debt crises contagion threatens developing world investor confidence

The head of the World Bank on Monday said a drop in investor confidence was already feeding through to developing nations from a growing debt crisis in advanced economies and urged “cooperative action.”
Thursday, September 15th 2011 - 07:13 UTC
“Time for muddling through is over” Zoellick tells the US, EU and Japan

The head of the World Bank said Wednesday the world had entered a new economic danger zone and that Europe, Japan and the United States all need to make hard decisions to avoid dragging down the global economy.
Monday, September 5th 2011 - 01:18 UTC
The big questions China still has to answer according to World Bank chief Zoellick

The world’s economic leaders need to “rebalance” their thinking as well as their economies. Fiscal and monetary policies have dominated. That makes sense to a degree: decisions on deficits, debt and the Euro zone this autumn may well determine whether the global economy slides deeper into danger, or begins the long climb back.