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World bank News

World Bank gives $73 million to fight ‘Energy Apartheid’

‘Energy Apartheid’: That’s the term World Bank President Jim Yong Kim used Tuesday to describe the lack of adequate access to energy in Africa as compared to the rest of the world.
In the Media by Bill K. Anderson

Bill Gates predicts almost no poor countries by 2035

Bill Gates has predicted that by 2035 there will be virtually no poor countries in the world. According to information from the World Bank there are officially 35 poor countries in the world today where citizens live with low or no income.
In the Media by Mark Harradine - 6 comments

World Bank predicts global economy to grow 3.2 per cent in 2014

Washington - The World Bank claims that the global economy has reached a turning point five years after the global recession hit. The Bank expects growth to pick up in the U.S., Europe, and Japan but that China's growth will slow.
In the Media by Ken Hanly

Op-Ed: Income inequality growing everywhere except Latin America

Income inequality—wherein the rich get richer and poor poorer, relatively speaking—is increasing almost everywhere these days. With one interesting exception.
In the Media by Ric Beairsto - 2 comments

Global flood damage set to reach $1 trillion by 2015

Flood damages for the world's 136 largest coastal cities could cost $1 trillion annually by 2050 if protective measures are not put into place.
In the Media by Tim Sandle - 2 comments

Lebanon and the World Bank working to set up refugee fund

The World Bank is working in unison with Lebanon to establish a fund that will bring aid to more than half a million Syrians who are currently refugees in Lebanon.
In the Media by Paul Iddon

BRICS countries agree to launch rival development bank

Durban - The BRICS group of countries consisting of Brazil, Russia, India, China and South Africa have reached an agreement to set up their own development bank in competition with the IMF and World Bank.
In the Media by Ken Hanly - 3 comments

World Bank allocating $6.4 million to Gaza water project

Gaza - On Tuesday, the World Bank reported that it has approved a grant of US$6.4 million to improve water and sewage services in the Gaza Strip. The Islamic Development Bank will also donate US$11.14 million to the project.
In the Media by Anne Sewell - 2 comments

Russia to enter WTO in August, NGOs labeled as 'foreign agents'

Moscow - For years, Russia, which maintains the world's ninth largest economy, was one of the biggest economic powerhouses to not belong to the World Trade Organization. In August, the nation will become the 156th member.
In the Media by Andrew Moran - 1 comment

Economist Martin Ravallion discusses poverty in recent lecture Special

Sydney - World Bank Acting Chief Economist and Senior Vice President, Martin Ravallion gives a public lecture, hosted by the University of Technology, Sydney (UTS) Business School: ‘More Relatively-Poor People in a Less Absolutely-Poor World’.
Digital Journal Report by Richard Milnes - 2 comments
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Black bloc near the World Bank in the Crystal City area of Washington  DC during feeder march to ant...
Ben Schumin
Black bloc near the World Bank in the Crystal City area of Washington, DC during feeder march to anti-war "March on the Pentagon" in 2009.

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Clinton in talks about possible move to World Bank

Sources tell Reuters that Secretary of State Hillary Clinton has been in talks with the White House about leaving her...
Jun 10, 2011 by Molly Zelvonberg


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