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World Bank Group

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Top World Bank Group Articles

Displaying items 12-22
  • After building China's railways, giant CRCC flexes muscles abroad

    (This version of the Dec. 3 has been corrected to change figure in third paragraph from the bottom for project suspensions in Libya to $3.55 billion, not $12 billion) It will take more than the abrupt cancellation of a high-speed train deal with Mexico...
  • Peru climate change talks slowed by clashes of rich and poor nations

    International climate talks in Lima, Peru, are entering their final week, with few hints of whether a newfound optimism that marked the start of negotiations will ultimately translate into an agreement that would rein in climate change. Convened by...
  • Stocks soar on upbeat job-growth news

    U.S. stocks soared close to the symbolic 18,000-point threshold on news of much higher-than-expected job growth last month, underscoring the nation's strengthening economy. Major equity indexes worldwide also shot up as investors bet that the American...
  • 'Poverty Inc.' gives long lecture on the banking world

    'Poverty Inc.' gives long lecture on the banking world
    The advocacy documentary "Poverty Inc." claims that the Federal Reserve, like other central banks such as the International Monetary Fund and the World Bank, is a pyramid scheme that redistributes wealth from the many to the few through quantitative...
  • How to make it easier for health workers to volunteer in crises

    The United Nations estimates that 5,000 more international healthcare workers will be needed during the coming months in West Africa to fight the Ebola outbreak. But where they will come from is not entirely clear. As World Bank President Jim Yong Kim...
  • World Bank raises Vietnam's 2014 growth forecast to 5.6 percent

    The World Bank said on Wednesday it has revised its forecast for Vietnam's economic growth this year to 5.6 percent from 5.4 percent previously, after the government said it expects the economy to accelerate this year. The revision is part of the World...
  • After Western sukuk debuts, Islamic finance looks to emerging sovereigns

    This year's rush by top-rated non-Muslim countries to tap the burgeoning Islamic finance market may not be repeated next year but a new crop of sovereign entrants, mostly from emerging markets, is waiting around the corner. The United Kingdom, Hong...
  • Chinese officials accused of smuggling African ivory on official visits

    Chinese officials accused of smuggling African ivory on official visits
    Visits to Africa by high-level Chinese delegations, including a presidential trip, have been used to smuggle ivory, contributing to an explosion in poaching that has cut Tanzania’s elephant population in half over the last five years, according to a...
  • Falling oil prices deal bigger economic blow to Africa than Ebola

    Plunging world oil prices have dealt a blow to Africa far greater - in purely economic terms - than Ebola, setting back investment in exploration and plans to industrialize. The highest profile victim so far has been Africa's top producer, Nigeria, which...
  • Fossil fuels have made all our lives better

    Fossil fuels have made  all our lives better
    Here's a question for Floridians to ponder: Is it good that your state generates 86 percent of its electricity from fossil fuels? I'd wager most of you would say no. So would many of the politicians and bureaucrats directing America's energy policy....
  • Progress is slow on Haiti's isle of discontent

    ILE DE LA TORTUE, Haiti Newly installed solar-powered street lamps stand as a beacon of hope, lighting up the rocky terrain as idle bulldozers collect dust along the lush mountainside. In a nearby village, a new public square slowly rises out of the...