worldbank News
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By AFP
Washington -
More than 1.1 billion people worldwide officially don't exist -- going about their daily lives without proof of identity.The issue leaves a significant fraction of the global population deprived of health and education services.
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By AFP
Washington -
The growing split between the United States and the rest of the world spilled into the annual meetings of the International Monetary Fund and World Bank in Washington this week.
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By AFP
Washington -
Ivanka Trump, President Donald Trump's daughter and a White House advisor, on Saturday touted the creation of a new World Bank initiative to foster entrepreneurship among women.
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By AFP
Washington -
The Trump administration on Friday rejected a capital increase by the World Bank, which the Bank says is necessary to expand its global anti-poverty mission.
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By AFP
Washington -
British tycoon Richard Branson called Friday for rebuilding the hurricane-thrashed Caribbean with more durable housing and sustainable energy, to limit the damage of future storms.
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By AFP
Washington -
Over 1.1 billion people mainly in Asia and Africa lack official proof of identity that would get them access to public health care, education and finance, according to the World Bank.
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By AFP
Washington -
Finance chiefs from around the world were warned Thursday to get their houses in order while the global economy is strong and to be ready for possible shocks in the future.
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By AFP
Apia -
Climate change will hit the Pacific harder than anywhere else on Earth and the region's tiny island nations need major international aid to deal with the challenge, the World Bank said Thursday.
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By AFP
Washington -
An embattled Canadian mining company said Thursday it will go after the Romanian government for blocking its attempts to develop a massive gold mine that could bring in billions of dollars.Gabriel Resources is seeking $4.
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By AFP
Washington -
The global economy is set to post solid growth this year, amid improving world trade and better performance by large emerging markets, but key risks could still threaten the outlook, the World Bank said Sunday.
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By AFP
Washington -
The global economy is set to post solid growth this year, amid improving world trade and better performance by large emerging markets, but key risks could still threaten the outlook, the World Bank said Sunday.
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By AFP
Jerusalem -
Constant fuel shortages and insufficent infrastructure have brought about a "humanitarian crisis" for Palestinians in the Hamas-ruled Gaza Strip, the World Bank said on Thursday.
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By AFP
Brussels -
EU budget commissioner Kristalina Georgieva of Bulgaria has resigned from her Brussels job to become chief executive officer of the World Bank, her employers said Friday.
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By AFP
Washington -
Protectionism's rise in Europe and the United States is pushing the world's economic leaders toward a delicate balancing act: defending globalization but acknowledging the pain that sometimes comes with it.
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By AFP
Washington -
Recruits into the Islamic State group are better educated than their average countryman, contrary to popular belief, according to a new World Bank study.
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By AFP
Washington -
The World Bank announced it will release $300 million in loans to help facilitate the labor market for Syrian refugees in Jordan.
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By AFP
Washington -
The overwhelming majority of the world's displaced people, a burgeoning population fed by longterm conflicts, are hosted by developing countries, according to a report released Thursday by the World Bank.
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By AFP
Washington -
World Bank President Jim Yong Kim effectively won a second five-year term after nominations to lead the global development bank closed with no other candidates proposed.
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By AFP
Washington -
Staff at the World Bank delivered a broadside against its sitting president this week, saying the global lender faced a "crisis of leadership" and risked irrelevance on the world stage.
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By AFP
Sendai -
The World Bank announced Saturday a new program to mobilize funds quickly against virulent disease outbreaks after the world was caught unprepared in the 2014 Ebola disaster in West Africa.
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By AFP
Washington -
The World Bank aims to eradicate global poverty, but its push stops at the Iranian border despite the easing of sanctions against Tehran and the country's pressing economic needs.
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By AFP
Washington -
The world's leading economies took a step toward denying tax evaders and money launderers around the world the ability to hide behind anonymous shell companies.
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By AFP
Washington -
Europe's top economies called for a crackdown on tax havens and urged G20 countries to rip away the secrecy protecting shell companies, as the Panama Papers scandal claimed Spain's industry minister as the latest political victim.
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By AFP
Washington -
Europe's five leading economies called for a crackdown on tax havens, urging the G20 powers to end the secrecy of shell companies that enables tax evasion and money laundering.
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By AFP
Washington -
Worries that the global economy is nearing a stall made worse by the specter of '"Brexit" cloud the air as the world's finance chiefs gather in Washington beginning Thursday for the IMF-World Bank Spring meetings.
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By AFP
Washington -
Global warming could elevate disease, ravage crops and push 100 million more people into poverty without action to prevent it, the World Bank warned in a disturbing new report Sunday.
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By AFP
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Activists marched through the Peruvian capital Friday to protest what they called the anti-poor policies of the International Monetary Fund and World Bank, which are holding their annual meetings here.
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By AFP
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The International Monetary Fund faces a chilly reception as it meets this week in Latin America, the region that has been most hostile toward its policy prescriptions.
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By AFP
Washington -
Extreme poverty will this year fall to less than 10 percent of the global population for the first time, although there is still "great concern" for millions in Africa, a World Bank report said Sunday.
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By AFP
Washington -
The World Bank remains too passive when client governments and businesses attack critics of its development projects, according to a Human Rights Watch report released on Monday.
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