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World Bank Group

A collection of news and information related to World Bank Group published by this site and its partners.

Top World Bank Group Articles

Displaying items 12-22
  • Australia to be among largest shareholders in China-led bank

    Australia announced on Wednesday it will become a founding member of a Chinese-led Asian regional bank and its sixth largest shareholder. Joining the Asian Infrastructure Investment Bank presented Australia with great opportunities to work with its...
  • THE LATEST: Obama welcomes pope's call for climate action

    9:45 p.m. (1945 GMT, 3:45 p.m. EDT) President Barack Obama says he hopes world leaders will consider Pope Francis' plea for bold action to curb climate change, ahead of the United Nations climate talks in December in Paris. In the teaching document, the...
  • Trade pact's defeat could benefit China, supporters say

    WASHINGTON If the president's own party denies him special trade promotion authority to finalize a deal with 11 Pacific Rim nations, experts warn it would leave an opening for China to exert greater influence in Asia and on the global stage. The United...
  • The papal warning on global warming

    The papal warning on global warming
    Some sermons make you think or feel, some leave you itching to take action. And some sermons cause slight bruising because you've been called out for not doing enough of the aforementioned. We suspect Pope Francis won't mind if you feel chagrined...
  • Report says UN not equipped to tackle today's challenges

    The United Nations and other international institutions are in urgent need of reform if they are to tackle global challenges ranging from massive violence in fragile states to runaway climate change and global economic shocks, a high-level commission said...
  • World Bank: Policy shifts can mitigate gray tsunami as population ages

    As the planet's population gets older, there are fears that a gray tsunami may make the possibility of golden aging more remote. But a World Bank report released Tuesday says global aging isn't an unstoppable force and can be compensated for by policy...
  • Rouhani hits welfare roadblock in readying Iran economy for deal

    DUBAI, United Arab Emirates President Hassan Rouhani could be two weeks from persuading world powers to begin releasing Iran's economy from the shackles of sanctions. Convincing Iranians that they must shoulder part of the burden of recovery may take...
  • Fed holds off on interest rate hike, downgrades economic forecast

    Fed holds off on interest rate hike, downgrades economic forecast
    Federal Reserve policymakers on Wednesday kept the central bank’s benchmark short-term interest rate near zero, opting against the first increase since 2006 after determining the economy still isn’t strong enough to handle it. Fed...
  • Fed downgrades its economic outlook but expects a rate hike this year

    Fed downgrades its economic outlook but expects a rate hike this year
    Federal Reserve policymakers sharply downgraded their view of the economy — forecasting the weakest annual growth since 2011 — but indicated they were on track to raise a key interest rate in the coming months. "It's not an ironclad...
  • American held in Yemen freed; French hostage pleas for help

    American held in Yemen freed; French hostage pleas for help
    One of several Americans held by Iranian-backed Shiite rebels in Yemen was set free on Monday, a U.S. official said, as a French hostage abducted in Yemen by an unknown party appeared in a video pleading for help. The rebels, known as Houthis, seized...
  • Greek government faces dissent as debt deadline nears

    Greece's cash-strapped government faced fresh dissent from within the ruling Syriza party on Monday after failing to deliver on a promise to reach an agreement with rescue lenders over the weekend. With a debt repayment looming Friday that Greece...