The World Bank Group
UN seeks to end toilet 'taboo'
Mar 22, 2013 04:45 EDT
The United Nations launched a campaign Friday to lift a deadly taboo on talking about toilets and to turn the world into an "open defecation-free zone."
Is South Africa the odd BRIC out?
Mar 21, 2013 01:01 EDT
The meeting of BRICS leaders in Durban next week could uncharitably be described as a summit of the world's emerging economic powers, plus South Africa.
Muslim states agree to 'historic' UN statement on women
Mar 16, 2013 00:01 EDT
Muslim and western nations overcame deep divisions to agree a historic United Nations declaration setting out a code of conduct for combatting violence against women.
IMF calls for 'urgent action' on Palestinian economy
Mar 15, 2013 01:11 EDT
The International Monetary Fund (IMF) called for "urgent action" to help revive the Palestinian economy, saying it had been choked by Israeli restrictions and political uncertainty.
Lebanon to strengthen ties with Senegal
Mar 13, 2013 13:47 EDT
Lebanese President Michel Sleiman said Wednesday he wanted to "expand and enhance" economic partnership with Senegal on the second day of a visit to the west African nation.
World Bank 'to step up support' for India's poorest
Mar 13, 2013 13:11 EDT
World Bank President Jim Yong Kim said on Wednesday that the institution will provide more support to develop India's poorest states as part of its drive to end global poverty within a generation.
World Bank warns of lasting damage to Palestinian economy
Mar 12, 2013 03:31 EDT
Israeli restrictions and closures coupled with the worsening fiscal situation of the Palestinian Authority is causing "lasting damage" to the competitiveness of the Palestinian economy, the World Bank warned on Tuesday.
Giant Indian engineering firm hit by World Bank ban
Mar 11, 2013 02:24 EDT
Shares in Indian engineering firm Larsen & Toubro, one of the country's biggest companies, were down in early trade on Monday after it was banned from World Bank-funded projects for six months.
What have we learnt from SARS?
Mar 09, 2013 00:07 EST
A decade ago, a highly contagious and deadly new illness sent people worldwide scrambling to cancel flights and holidays as schools closed and sales of surgical masks spiked.
Japan nominates senior finance official for ADB chief
Mar 07, 2013 01:20 EST
Japan nominated a senior finance ministry official Thursday for the top job at the Asian Development Bank, as Tokyo looks to keep hold of a role it has held for almost 50 years.
World Bank to raise $500 mn for geothermal energy
Mar 06, 2013 13:42 EST
The World Bank launched a fund in Reykjavik on Wednesday to come up with $500 million for developing geothermal energy in developing countries.
Vietnam to ban short, fat traffic police in Hanoi
Mar 06, 2013 05:31 EST
Short, pot-bellied policemen will be banned from traffic duty in Vietnam's capital Hanoi and given office jobs in a bid to improve the force's public image, police said Wednesday.
US leaders urge Congress to ratify IMF reforms
Mar 05, 2013 18:22 EST
Nineteen US leaders, including former Treasury secretaries, urged Congress Tuesday to ratify International Monetary Fund (IMF) reforms and remove the key obstacle to its implementation.
Starving goats to hit Indian pashmina production
Mar 05, 2013 08:06 EST
Heavy snow has killed nearly 25,000 pashmina goats that graze high in the Indian Himalayas, threatening supplies of top-end cashmere wool used to make luxury scarves, an official said on Tuesday.
Vatican, Iran resist UN effort fighting violence on women
Mar 04, 2013 18:43 EST
The Vatican, Iran and other religious states are resisting efforts by a UN conference, which started Monday, to demand tougher global standards to prevent violence against women and children.
Myanmar leader urges EU to lift sanctions
Mar 04, 2013 16:17 EST
Myanmar President Thein Sein appealed Monday for the lifting of European Union sanctions against his country, currently suspended.
Philippines' elite swallow country's new wealth
Mar 03, 2013 16:28 EST
Optimism is soaring that the Philippines is finally becoming an Asian tiger economy, but critics caution a tiny elite that has long dominated is amassing most of the new wealth while the poor miss out.
Indonesia anti-graft body to quiz World Bank director
Feb 28, 2013 03:12 EST
Indonesia's anti-graft agency said Thursday it would question as a witness a World Bank managing director as part of an investigation into a bank bailout that forced her to quit as finance minister.
New Cyprus leader begins forming govt to clinch bailout
Feb 25, 2013 08:54 EST
Cyprus president-elect Nicos Anastasiades on Monday began forming a government to secure an international bailout for the financially crippled EU state after romping to victory in a run-off vote.
Sierra Leone launches Fiber Optic project
Feb 20, 2013 16:14 EST
Sierra Leone President Ernest Koroma officially launched the Africa Coast to Europe (ACE) fiber optic project Wednesday saying his administration "is committed to the rapid development of information, communication and technology."
Facts from the Wikipedia page:
| World Bank | |
|---|---|
 World Bank logo | |
| Formation | 27 December 1945 |
| Type | International organization |
| Legal status | Treaty |
| Purpose/focus | Economic development, poverty elimination |
| Membership | 185 countries |
| President | Robert B. Zoellick |
| Main organ | Board of Directors[1] |
| Website | http://www.worldbankgroup.org/ |
