| Jun 24, 2013
| 7:29 AM
WASHINGTON -- An independent World Bank review of its highly cited annual report on the ease of doing business around the globe has recommended that it stop ranking countries because the listings can be misinterpreted.
Instead, the Doing Business report...
| May 7, 2013
| 2:21 PM
SAO PAULO, Brazil--Roberto Azevedo of Brazil has been elected the first Latin American director-general of the World Trade Organization, the global body charged with moving forward stalled trade agreement talks.
The choice of Azevedo over close rival...
| Jul 27, 2013
| 11:11 AM
Susa Kessler, a retired World Bank analyst who had fled Nazi Germany as a child, died of breast cancer complications Tuesday at Gilchrist Hospice Care. The Canton resident was 88.
Born in Stuttgart, Germany, she was the daughter of Dr. Caesar Hirsch,...
| Jan 23, 2013
| 6:15 PM
A division of the World Bank Group announced Wednesday that it has invested $150 million in Laureate Education Inc., giving the international development organization a small stake in the Baltimore-based global higher education company.
| Sep 9, 2012
| 5:00 AM
My recent letter of questioning the use of corn to produce ethanol prompted the expected rebuttal from the Renewable Fuels Association ("U.S. must abandon corn-based ethanol," Aug. 28).
That, however, doesn't change the fact that corn ethanol only...
| Apr 25, 2012
| 10:40 AM
The cost of food around the world is rising again, due to bad weather, soaring oil costs and strong demand in Asia for imports, according to the World Bank.
Global food prices soared 8% between December and March after dipping late last year from...
| Apr 12, 2012
| 9:52 AM
After a superheated rise, China’s economy is starting to slow. Luckily, according to the World Bank, the Asian superpower is headed for a “soft landing” instead of a crash that could overwhelm the multitude of countries with which...
| Aug 22, 2012
| 9:21 AM
It took nearly 20 years of negotiations, but Russia was finally welcomed into the World Trade Organization on Wednesday.
The largest economy outside the WTO until now, Russia will become the international trade group’s 156th member. The U.S. joined...
| Mar 16, 2011
| 1:57 PM
Authorities battling the nuclear disaster at the Fukushima Daiichi power plant have doubled the number of workers on the site to 100 in an effort to continue cooling the three reactors and the spent fuel pools but have abandoned — at least...
| Feb 15, 2012
| 1:21 PM
News that the World Bank is hunting for a new leader brought forth fresh denials that Secretary of State Hillary Rodham Clinton is yearning for the job.
Robert Zoellick, president of the international financial institution, announced in a statement...
| Jun 9, 2011
| 3:56 PM
A spokesman for Hillary Clinton swiftly and emphatically denied a report Thursday that the secretary of state was considering stepping down to seek the World Bank presidency in 2012.
Reuters cited three unnamed sources in its report that Clinton was open...