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A collection of news and information related to World Bank Group published by this site and its partners.

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    May 30, 2012 | Los Angeles Times
  1. Europe ponders 'banking union' to avert further euro crises

    World Now
    European leaders called Wednesday for the 17-nation Eurozone to create a "banking union" to collectively stabilize struggling financial institutions and protect national governments from taking on excessive debt to bail out their banks....
  2. May 24, 2012 |Story| Los Angeles Times
  3. Chinese manufacturing shows no signs of rebounding

    BEIJING -- China's economy has yet to rebound from its startling slide last month, according to an informal survey of Chinese manufacturers released Thursday.
    BEIJING -- China's economy has yet to rebound from its startling slide last month, according to an informal survey of Chinese manufacturers released Thursday. The preliminary HSBC Flash China Manufacturing purchasing managers index shrunk for the seventh...

    Tags: AMC (tv network), Weather Reports, Weather, Wen Jiabao, HSBC Holdings plc

  4. May 25, 2012 |Story| Los Angeles Times
  5. 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.
    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: Consumer Confidence, Banking, Angela Merkel, François Hollande, International Organizations

  6. May 16, 2012 | Los Angeles Times
  7. Half as many women dying in pregnancy, childbirth as 20 years ago

    World Now
    Roughly half as many women worldwide die from pregnancy, childbirth and related complications compared to two decades ago, according to new United Nations estimates released Wednesday.The dropping numbers of maternal deaths -- from 543,000 to 287,000...
  8. May 9, 2012 | Los Angeles Times
  9. South Sudan may face fiscal collapse by July, leaked report says

    World Now
    South 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....
  10. May 10, 2012 | Los Angeles Times
  11. South Sudan austerity budget in doubt; economic collapse feared

    World Now
    Just 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....
  12. May 13, 2012 |Story| Los Angeles Times
  13. Sudan's conflict with South Sudan cuts both ways

    KHARTOUM, Sudan — It has come to this: The Sudanese government is sending out text messages to the population begging for donations to help the cash-strapped military.
    KHARTOUM, Sudan — It has come to this: The Sudanese government is sending out text messages to the population begging for donations to help the cash-strapped military. "Please help support the army," the messages plead. "If you want to contribute...

    Tags: Politics, United Nations, Sudan, Petroleum Industry, Business

  14. May 12, 2012 |Story| Los Angeles Times
  15. 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 citizens.
    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: Africa, Diseases and Illnesses, Leukemia, Western Africa, Ghana

  16. May 8, 2012 | Los Angeles Times
  17. Greek leftists flirt with bailing on the bailout, no immediate takers

    World Now
    Leftist politicians changed the conversation in Greece Tuesday from what further sacrifices the heavily indebted Balkan nation needs to make to stay in the Eurozone to bailing on the common currency and reneging on promises to make deeper spending cuts...
  18. Apr 27, 2012 | Los Angeles Times
  19. Romanian government is latest victim of EU austerity

    World Now
    Romania's government fell after a no-confidence vote and the leadership of the Czech Republic narrowly survived a similar challenge Friday in the latest challenges to European efforts to heal the Continent's debt crisis with tough spending cuts and higher...
  20. Apr 25, 2012 |Story| Los Angeles Times
  21. Nigerian billionaire leaves his imprint in cement

    LAGOS, Nigeria —The chaotic color of the megalopolis cascades past the window of his silver Mercedes SUV. A police escort with a flashing blue light clears the road ahead.
    LAGOS, Nigeria —The chaotic color of the megalopolis cascades past the window of his silver Mercedes SUV. A police escort with a flashing blue light clears the road ahead. Restless and irritated, the billionaire is in his bubble. With a slim,...

    Tags: Email, Nigeria, Highway Transportation, Companies and Corporations, Africa

  22. May 4, 2012 | Los Angeles Times
  23. Flawed financial data used in bullet train critique, official says

    L.A. NOW
    The state high-speed rail authority said a group of outside financial experts used flawed international data in an analysis that claimed the future California bullet train would require massive operating subsidies....
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World Bank Group Photos
Dartmouth College President Jim Yong Kim follows Presid...
(March 23, 2012)
New World Bank President announced