| Mar 27, 2012
| 4:40 PM
Kenya has struck oil, a discovery that has fueled hope and fear in the East African country....
| Feb 6, 2012
| 4:39 PM
The Romanian government collapsed Monday after weeks of protests over biting cuts meant to keep outside funding flowing to the troubled nation. Prime Minister Emil Boc said he and his Cabinet were resigning “to defuse political and social tension....
| Feb 15, 2012
| 9:39 PM
The world could save 2 million children every year if it helped the neediest countries take 13 recommended steps to conquer malnutrition, according to a new report from Save the Children....
| Feb 14, 2012
| 4:38 AM
Longtime Venezuelan leader Hugo Chavez will face Miranda state governor Henrique Capriles in October in a presidential election that will decide whether Chavez can stay in power after 13 years in office. The campaign is likely to focus on how the South...
| Feb 3, 2012
| 4:38 PM
Remittances, Central America, Dominican Republic, World Bank: Immigrants from Central America and the Dominican Republic can go online to compare the cost of sending money from the United States to relatives back home....
| Apr 12, 2012
| 9:52 AM
After a superheated rise, China’s economy is starting to slow. Luckily, according to the World Bank, the Asian superpower is headed for a “soft landing” instead of a crash that could overwhelm the multitude of countries with which...
| Feb 15, 2012
| 1:21 PM
News that the World Bank is hunting for a new leader brought forth fresh denials that Secretary of State Hillary Rodham Clinton is yearning for the job.
Robert Zoellick, president of the international financial institution, announced in a statement...
| Sep 24, 2012
| 11:10 AM
Might want to get your fill of ham this year, because "a world shortage of pork and bacon next year is now unavoidable," according to an industry trade group.
Blame the drought conditions that blazed through the corn and soybean crop this year. Less...
| Jul 23, 2012
| 11:47 AM
The chasm separating the uber-wealthy from the rest of the world may be wider than most people think, according to a new report from left-leaning British group Tax Justice Network, which says there is at least $21 trillion -- and possibly as much as $32...
| Apr 17, 2012
| 8:14 AM
Global economies — advanced and otherwise — are looking up, according to the International Monetary Fund. But the incoming growth that the organization foresees will happen on perilous ground.
Economic output worldwide will increase 3.5% in...
| Apr 25, 2012
| 10:40 AM
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...