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World Bank Group

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Top World Bank Group Articles

Displaying items 34-44
  • Brouhaha over bank reflects shifting power dynamic between U.S., China

    Brouhaha over bank reflects shifting power dynamic between U.S., China
    For years, U.S. officials have chafed at what they contend is Chinese freeloading on the world stage. While America has spilled blood and spent a fortune on vexing challenges such as Islamic extremism and African epidemics, China, the muttering goes,...
  • America talks up competition and now has it

    America talks up competition and now has it
    While most of the world is focused on the challenges to the U.S. in an increasingly fluid Middle East, a once-unthinkable phenomenon is playing out in Asia. Having failed to kill the Chinese-led proposal to create an Asian Infrastructure Investment...
  • Taiwan to join China-led regional bank, Japan says not now

    Japan is not planning to join the China-led Asian Infrastructure Investment Bank, its government spokesman said Tuesday, while Taiwan announced it would apply for membership, joining dozens of countries in signing up to an initiative opposed by...
  • US treasury secretary presses Beijing on technology curbs

    U.S. Treasury Secretary Jacob Lew pressed Chinese leaders to suspend proposed curbs on foreign security technology and said a Beijing-led regional bank should work in partnership with existing institutions. The United States and Europe say Beijing is...
  • Norway signals wish to join China-led Asian investment bank

    Norway said Tuesday it intends to join the Asian Infrastructure Investment Bank as a prospective founding member to promote closer ties to the Asia-Pacific region, a move that could help the country's frozen relations with China thaw. Norwegian Foreign...
  • 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...
  • Ancient Petra sees few visitors as Jordan tourism declines

    It's high season in Petra, an ancient city hewn from rose-colored rock and Jordan's biggest tourist draw. Yet nearby hotels stand virtually empty these days and only a trickle of tourists make their way through a landmark canyon to the Treasury building...
  • Lee Kuan Yew eulogized at funeral as architect of Singapore

    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...
  • Why China is passing us by

    Why China is passing us by
    On the surface, it is the best of times in Washington and the worst of times in Beijing. The U.S. capital is a pristine monument to world power; Beijing is cloaked in industrial pollution and dust storms from failed agriculture programs to the west....
  • 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&...
  • Laguna Beach man to run Tanzania educational foundation

     Laguna Beach man to run Tanzania educational foundation
    From his days at Laguna Beach High School, it wasn't hard to predict that Jake Wheeler might have a positive influence on the world. Wheeler was the school's student body president and male athlete of the year. After graduating in 2004, he went on to...