Tag: World Bank

• Thursday, April 14th 2011 - 22:57 UTC

  Latam’s challenge: combating inflation but also the inflow of speculative capital

  

  Strong public and private consumption, abundant credit and strong currency appreciation among other reasons helped Latin American countries overcome the 2008/09 recession and outperform other regions according to the World Bank report Latin America and the Caribbean’s Success Put to the Test.

• Thursday, April 14th 2011 - 21:01 UTC

  More people deeper in poverty as food prices soar 36%, says World Bank

  

  Driven in part by higher fuel costs connected to events in the Middle East and North Africa, global food prices are 36% above their levels a year ago and remain volatile, pushing people deeper into poverty, according to new World Bank Group numbers released Thursday.

• Monday, April 11th 2011 - 20:34 UTC

  Crime and violence cost Central American countries 8% of GDP, says World Bank

  

  Growing crime and violence in Central America not only have an immediate human and social toll but they also pose a tremendous threat to development potential in the region since it is estimated that these sources of instability cost 8% of GDP, once health, institutional, private security, and material expenses are accounted for.

• Tuesday, March 29th 2011 - 18:08 UTC

  World Bank says Latam has capacity and potential to help solve global food crisis

  

  Latin America can help solve the global food crisis by expanding farm production, the World Bank said this weekend, and Colombia said it was on board with plans for an 'agricultural revolution'.

• Tuesday, March 22nd 2011 - 08:15 UTC

  World Bank forecasts Japanese economy will begin recovering at the end of 2011

  

  Japan's devastating earthquake and tsunami will depress growth briefly before reconstruction kicks off and gives the beleaguered economy a boost, the World Bank said in a report.

• Thursday, March 17th 2011 - 07:36 UTC

  World Bank loan to improve quality of life in Rio do Janeiro’s favelas

  

  Some two million people who live in informal low income settlements (favelas) in the Rio de Janeiro Metropolitan Region, Brazil, will be benefiting from a 485 million US dollars development policy loan for the Metropolitan and Housing Project approved by the World Bank.

• Tuesday, March 15th 2011 - 10:10 UTC

  World Bank 480 million USD to finance Argentina’s Universal Child Allowance

  

  Half a million additional kids in Argentina will see their prospects in life improve following the expansion of a popular social protection program with World Bank support.

• Saturday, February 19th 2011 - 06:03 UTC

  G20 negotiators fail to agree targets to reduce global imbalances

  

  Negotiators have failed to agree targets to reduce global economic imbalances on the first day of the two-day G20 meeting in Paris. The countries want to better coordinate economic policies to avoid a repeat of the 2008 global financial crisis.

• Wednesday, February 16th 2011 - 00:32 UTC

  World Bank food prices index jumps 15% in four months, just below 2008 record

  

  Rising food prices have driven an estimated 44 million people into poverty in developing countries since last June as food costs continue to rise to near 2008 levels, according to new World Bank Group numbers released ahead of the G20 Meeting of Finance Ministers and Central Bank Governors in Paris.

• Sunday, January 23rd 2011 - 16:26 UTC

  Opportunity for Latin America?

  

  The dynamics of the past few months regarding the price of oil, prime materials and food stuffs, worryingly reminds us of what happened to the world economy mid-2008. At the time the sky high price of oil – which reached U$147 a barrel - and the food crisis caused havoc.