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Europe debt crisis dragging world economies down
WASHINGTON — The Eurozone debt crisis is intensifying a global slowdown, with new signs that even powerhouse Germany may be faltering, adding to worries about China and other major pillars of economic growth. Analysts worry that economies and...
Tags: World Bank Group, Consumer Confidence, Finance, Economy, Business and Finance, France
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U.N. nuclear chief headed to Iran, inspection deal in the works
World NowThe head of the International Atomic Energy Agency heads to Iran on Sunday for high-level meetings ahead of next week's gathering in Baghdad of world powers hoping to persuade Tehran to reopen its nuclear program to outside inspection.... -
South Sudan may face fiscal collapse by July, leaked report says
World NowSouth Sudan could run out of reserves and possibly face “state collapse” as soon as July after shutting off its oil, according to a confidential report leaked to news media that appears to be from the World Bank.... -
South Sudan austerity budget in doubt; economic collapse feared
World NowJust a month after South Sudan announced an austerity budget designed to fend off economic collapse, the struggling new country had already failed to meet its targets, a source close to the South Sudanese government acknowledged.... -
Global push to guarantee health coverage leaves U.S. behind
WASHINGTON — Even as Americans debate whether to scrap President Obama's healthcare law and its promise of guaranteed health coverage, many far less affluent nations are moving in the opposite direction — to provide medical insurance to all...
Tags: Rwanda, World Bank Group, Ghana, Finance, Economy, Business and Finance
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World Bank chooses Jim Yong Kim as president
WASHINGTON — The World Bank selected Jim Yong Kim, president of Dartmouth College and an expert in public health, as its next president, continuing a seven-decade practice of installing an American citizen to lead the institution.
There had been...Tags: International Monetary Fund, International Organizations, Health, Economic Organization, World Bank Group
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Africa calls for World Bank reform after Nigerian denied top post
World NowAfricans call for World Bank reform after Africa's candidate for World Bank president is passed over: African financial leaders called for the reform of the World Bank and its process for selecting its leader, dominated for six decades by the US, after... -
Food is getting more expensive internationally, says World Bank
The cost of food around the world is rising again, due to bad weather, soaring oil costs and strong demand in Asia for imports, according to the World Bank. Global food prices soared 8% between December and March after dipping late last year from...
Tags: Market and Exchange, Petroleum Industry, Food Industry, International Organizations, U.S. Department of Agriculture
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Possible new economic sanctions aimed at Iran
World NowU.S. lawmakers are seeking to pile additional economic sanctions on Iran to force it to negotiate limits on its nuclear program, which many countries fear is aimed at developing a nuclear bomb.... -
Dartmouth President Jim Yong Kim nominated to head World Bank
President Obama's decision to nominate a South Korean-born educator and health expert to lead the World Bank — and not someone with experience in global finance or diplomacy — reflects the increasingly fractious politics of international...Tags: Timothy Geithner, International Organizations, Economic Organization, World Bank Group, Hillary Clinton
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World Bank nominee taking heat for criticizing corporate growth
President Obama's nominee to head the World Bank, Jim Yong Kim, is taking heat from some economists and others for past criticism of "corporate-led economic growth," which he said has come at the expense of the very poor. “Dr Kim would be the first...
Tags: International Organizations, Economic Organization, World Bank Group, Finance, Economy, Business and Finance
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Mali is cut off by its neighbors. What will blocking the borders do?
World NowA coalition of West African nations is closing off the borders of Mali, condemning it for a recent military coup that ousted its president. How could that affect the landlocked country? Blocking the borders means that Mali will be starved for gas and...
May 25, 2012
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May 18, 2012
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May 9, 2012
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May 10, 2012
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May 12, 2012
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Apr 17, 2012
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Apr 17, 2012
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Apr 25, 2012
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Mar 7, 2012
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Mar 24, 2012
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Mar 27, 2012
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Apr 2, 2012
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