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World Bank Group

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Top World Bank Group Articles

Displaying items 56-66
  • World Bank chief says Fed can reduce taper risk with communication

    World Bank chief says Fed can reduce taper risk with communication
    WASHINGTON -- Clear communication from Federal Reserve officials could reduce the risk to developing economies when the central bank starts reducing a key stimulus program, the head of the World Bank said. Developing nations saw their borrowing costs...
  • Upset over U.S. fiscal crisis, China urges a 'de-Americanized world'

    WASHINGTON -- Upset that the fiscal stalemate in Washington is threatening the global economy, China called for the U.S. dollar to be replaced as the international reserve currency as well as for broader steps to create a "de-Americanized world."...
  • Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats

    Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats
    WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....
  • Coastal flooding could cost cities $60 billion by 2050, study says

    Coastal flooding could cost big cities more than $60 billion a year by mid-century, with losses jumping even more dramatically if nothing is done to counter rising sea levels and subsiding land, a new study has found. A team of researchers analyzed data...
  • Former anti-apartheid activist says South Africa has lost direction

    Former anti-apartheid activist says South Africa has lost direction
    During the course of her career, South Africa’s Mamphela Ramphele has assumed many roles — anti-apartheid activist, medical doctor, academic and businesswoman, just to name a few.   After the bloody uprising in Johannesburg’s Soweto...
  • Substitute-meat makers' art imitates life

    Substitute-meat makers' art imitates life
    Ethan Brown held up one of his ready-to-eat vegetarian chicken strips and peeled off stringy strands that mimicked the moist meat of the real thing. "That's the beauty. That's absolutely everything," said Brown, founder of Beyond Meat, admiring the...
  • Poland, long an economic success story, losing momentum

    Poland, long an economic success story, losing momentum
    WARSAW — Michal Ruminski was 6 when his father took him through a local supermarket here. The store shelves were empty, except for some bottles of vinegar, but that was precisely the point. His father wanted the young boy never to forget the...
  • Remittances to Latin America rebound -- except in Mexico

    Remittances to Latin America rebound -- except in Mexico
    The amount of money U.S. immigrants send to their families in Latin America has more than doubled since 2000, and the cash flow home -- except to Mexico -- has recovered from a considerable drop during the Great Recession, a 13-year survey of remittance...
  • 'The Frackers' tells a one-sided account of the new energy boom

    Fracking on a large scale may be coming soon to California as oilmen converge on the Monterey Shale, a formation that could hold 15 billion barrels' worth of oil. At $100 a barrel, that's … a lot of money. Money is the real subject of Gregory...
  • Local universities lend aid, spread awareness for Philippines typhoon relief

    Local universities lend aid, spread awareness for Philippines typhoon relief
    When Joshua Brown initially approached fellow student Jeanine Reyes last spring about starting a Filipino club at the University of Maryland, Baltimore, he figured the group might hold an occasional social pot-luck dinner. But then, on Nov. 8, Typhoon...
  • Row over Fed chairman job pits insider against outsider

    Much of the debate over who will be the next Federal Reserve chairman has focused on whether gender politics or the future of Fed monetary policy will be more determinative. Of the two leading candidates, Janet Yellen, the Fed's vice chairman, favors...