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World Bank Group

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Top World Bank Group Articles see all

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  • Lee Kuan Yew eulogized at funeral as architect of Singapore

    Singaporeans bid farewell to longtime leader Lee Kuan Yew on Sunday with an elaborate procession and a three-hour state funeral at which his son, the current prime minister, eulogized the statesman and declared that the wealthy city-state he helped build is his monument.
  • Australia signs up to negotiations on Chinese-led bank

    Australia announced on Sunday that it would join negotiations to establish a new a Chinese-led Asian regional bank that has emerged as a potential challenge to United States influence in a part of the world where the Obama administration has tried to...

    With big projects, Ethiopia shedding famine stereotype

    Ethiopia's planned new airport on the outskirts of the capital is still years from becoming a reality but Tewodros Dawit can already envision how grand it will look. "The airport we are planning to build is going to be huge. Very huge," Tewodros said one...

    Netanyahu orders release of tax money to Palestinian Authority

    Netanyahu orders release of tax money to Palestinian Authority
    Israel announced Friday that it would release Palestinian tax revenues frozen this year as a punitive measure after the Palestinian Authority’s move to join the International Criminal Court. A statement from Prime Minister Benjamin Netanyahu&...

    US isolated as allies line up to join China-led bank

    U.S. resistance to a Chinese-led Asian regional bank has left it isolated among its Asian and European allies and given some heft to China's frequent complaints that Washington wants to contain its rise as a world power. South Korea, one of America's...