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World Bank Group

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Top World Bank Group Articles see all

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  • Libya's oil to flow despite struggle between rival governments

    CAIRO (Reuters) - A struggle has broken out for control of Libya's state-run energy sector as rival governments in Tripoli and the east compete for power, but a common interest in maintaining oil revenues will keep exports flowing for now.
  • Afghanistan's new president faces a campaign-scarred economy

    Afghanistan's new president faces a campaign-scarred economy
    As a former World Bank official, Afghanistan's new president has helped develop economic programs for Russia, India and China. But it is in his homeland that Ashraf Ghani Ahmadzai faces the greatest fiscal challenge of his career. As coalition troops...

    Red Cross head says Ebola travel bans 'irrational'

    BEIJING (Reuters) - Closing borders will not effectively curb Ebola infections, the head of the Red Cross said on Wednesday, amid debate over whether bans on travel from hardest-hit African countries would help combat the spread of the deadly virus. This...

    Factbox: Who's who on the new EU executive

    (Reuters) - The European Parliament votes on Wednesday in Strasbourg on whether to confirm in office the new European Commission, the EU executive to be led by Jean-Claude Juncker. Each of the 28 member states nominates a commissioner. All have passed...

    China must accelerate reforms, not rely on fiscal and monetary policy to drive growth: World Bank

    BEIJING (Reuters) - China needs to accelerate reforms and not rely solely on monetary and fiscal policy to drive growth, a top World Bank official said on Tuesday. "I would recommend not really relying more on their macro policy, specifically on the...