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World Bank Group

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Top World Bank Group Articles

Displaying items 12-22
  • Russians face more misery as state prepares spending cuts, expects inflation to keep rising

    Russian government officials appealed for calm on Wednesday after predicting budget cuts and a further surge in inflation as the country faces its worst economic downturn in 15 years. With the currency and economy wilting under the twin blows of...
  • India cracks down on Greenpeace, other environmental groups

    India cracks down on Greenpeace, other environmental groups
    The Indian government has launched a crackdown on Greenpeace and other U.S.-linked environmental groups after intelligence officials accused climate activists of harming the country’s economic security. Authorities over the weekend barred a...
  • With stagnant Europe and Japan, World Bank cuts 2015 forecast for global economic growth

    The World Bank, citing stagnation in Europe and Japan and a slowdown in China, downgraded its forecast for the global economy this year. It also reported that world economic growth came in below expectations in 2014. The bank predicts the world economy...
  • Is bitcoin the wave of the future or a dangerous fad?

    WASHINGTON As customers ate lunch at a popular restaurant in Washington's Adams Morgan neighborhood, few had any inkling they were on the front lines of an international monetary war that's featured FBI raids, the Deep Web, allegations of money laundering...
  • US promises up to $2 billion in loan guarantees to war-torn Ukraine if reforms continue

    The United States on Tuesday reinforced Western assistance for war-torn Ukraine by promising up to $2 billion in loan guarantees if that effort is matched by economic and political reforms in Kiev. The U.S. State Department said it intends to provide...
  • Haiti marks 5th anniversary of earthquake amid signs of uneven recovery

    Somber Haitians gathered early Monday to remember the devastating January 2010 earthquake that killed relatives and neighbors while shattering much of the overcrowded capital and surrounding area in one of the worst natural disasters of modern times....
  • World Economic Forum in Davos resort to draw 300 government members, 1,500 business leaders

    Most European countries are sending their heads of state or government to this month's gathering of world leaders and power brokers in the Swiss ski resort of Davos, while high-level delegations are expected from China, the United States, Japan and...
  • Women are at the forefront of China's anti-smoking crusade

    BEIJING Nearly every day in China, women go to work in smoke-filled offices, exposed to the fumes of cigarettes smoked mainly by male colleagues. After work is over, many go home to breathe secondhand smoke created by husbands or other family members....
  • Push to make Haiti an e-cash economy fell far short

    CARREFOUR, Haiti In the Western Hemisphere's poorest country, few people have bank accounts. But cheap cellphones are ubiquitous, and for people like Johanna Joseph, they are the sole link with any form of banking. While most Haitians store their...
  • India's Modi says will change rules, laws for manufacturing

    Indian Prime Minister Narendra Modi said on Monday his government was ready to change rules and laws to speed up manufacturing under the "Make in India" programme, despite political opposition to reforms. Earlier on Monday, India passed an emergency...
  • Effort could save millions of kids: Front & Center

    Effort could save millions of kids: Front & Center
    Thousands of West Africans dying from Ebola this year spread panic worldwide, but millions of children still die each year in poor countries from common and treatable illnesses such as pneumonia and diarrhea. An international partnership called Gavi is...