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World Bank News

News on World Bank continually updated from thousands of sources around the net.

8 hrs ago | Colombo Page

Sri Lanka workforce needs job-specific skills for sustained economic...

July 11, Washington: Sri Lanka's workforce lacks critical job-specific skills that are in high demand, threatening the country's sustained economic growth, said the World Bank in a new report.

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Related Topix: Sri Lanka, Asia, World News, Adolescents and Pre-Teens, Family

13 hrs ago | Thanh Nein News

Petty bribery: It's not pretty

Reducing tax procedures will not only save time and costs for companies but also help curb petty corruption and enhance Vietnam's business environment.

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Related Topix: Southeast Asia, Vietnam, World News

16 hrs ago | South China Morning Post

Kerry, other diplomats focus on audit to resolve disputed Afghan vote

Secretary of State John Kerry said on Friday Afghanistan's transition to a self-reliant state hung in the balance after a contested presidential election and urged Afghan officials to focus on auditing the vote count to underpin its legitimacy.

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Related Topix: World News, Asia, Afghanistan, Hamid Karzai,

Thu Jul 10, 2014

ABC News

Study Says Legal Trade Needed to End Somali Piracy

A new study by two British universities says Somalia's piracy problem can be sustainably solved by building roads and harbors to encourage people in remote areas to engage in legitimate trade.

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Related Topix: Piracy News

The Globe and Mail

Kerry faces uphill battle to defuse Afghan election standoff

A supporter of Afghan presidential candidate Ashraf Ghani holds a poster as he celebrates in the street after the Independent Election Commission announced preliminary results in Kabul July 7, 2014.

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Related Topix: World News, Asia, Afghanistan, 2012 Presidential Election, US Politics, US News, Hamid Karzai

Wed Jul 09, 2014

American Reporter

Market MoverDEAR Andrew: There's this Guy Named Obama

In July 1944, with victory over Germany and Japan in sight, 730 delegates from all 44 Allied nations gathered in the Mount Washington Hotel in Bretton Woods, N.H., to shape the economic system for the post-World War II world.

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Related Topix: Bretton Woods, NH

Customer Interaction Solutions

World Bank Continues Supporting Public Service Delivery in Azerbaijan

WASHINGTON, July 9 -- World Bank issued the following news release: The World Bank's Board of Executive Directors today approved two IBRD loans to the Republic of Azerbaijan.

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Related Topix: World News, Azerbaijan, Asia, Travel, Asia Travel, Azerbaijan Travel, Europe Travel

Reuters

Afghan war inflicting devastating toll on civilians: U.N.

Afghanistan's war is inflicting an increasingly devastating toll on the civilian population, with the number of casualties rising by almost a quarter in the first half of this year, the United Nations said in a report on Wednesday.

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Related Topix: World News, Asia, Afghanistan,

Tue Jul 08, 2014

Dallas Blog

Global Firms Dump Dollars when Exporting

According to the Voice of Russia, "Peter Koenig, financial pundit, former World Bank staff and a Voice of Russia regular, told about the hottest trend of global finance: de-dollarization.

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Hispanic Business

Africa: World Bank Group Sets Historic New Development Financing Record for Region

We applaud the improved policies and prudent fiscal decisions many governments have made and we will continue to provide financing through loans and grants, technical expertise and to mobilize our unique convening power to leverage the resources of other development partners," said during FY14 focused on bridging the infrastructure gap, promoting a ... (more)

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Related Topix: Agriculture, Science

Mon Jul 07, 2014

Transitions Online

The (New) Beginning of a Beautiful Friendship

In a year full of historically freighted European anniversaries, a particularly symbolic one will be celebrated this week.

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Related Topix: Europe, World News, Poland, High Noon, Country, US Politics, US News, Barack Obama, Donald Tusk, NATO (North Atlantic Treaty Organization)

Yahoo!

Ghani wins fraud-hit Afghan election: preliminary results

Former World Bank economist Ashraf Ghani won Afghanistan's presidential election, according to preliminary results Monday, but fraud allegations are set to spark a dispute over the outcome and stoke concerns of instability.

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Related Topix: Asia, Afghanistan, World News, Hamid Karzai

Sun Jul 06, 2014

Express India

IFC to infuse Rs 160 cr into Bandhan

Summary "IFC will shortly infuse Rs 160 crore as Tier II capital in Bandhan", chairman of the MFI Chandra Sekhar Ghosh told PTI.

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Related Topix: Financial Services, Banking, International Finance

Sat Jul 05, 2014

American Reporter

Market MoverDEAR Andrew: There's this Guy Named Obama

In July 1944, with victory over Germany and Japan in sight, 730 delegates from all 44 Allied nations gathered in the Mount Washington Hotel in Bretton Woods, N.H., to shape the economic system for the post-World War II world.

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Related Topix: Bretton Woods, NH

Thu Jul 03, 2014

Hispanic Business

World Bank Bolsters Social Protection Reform in Ukraine with New Loan

"The new project will help improve the performance of embarks on a series of essential reforms, including raising gas and heating tariffs.

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Hispanic Business

The World Bank Called for Tighter Economic Policies to Restore Economic Stability

Three years of growth-oriented economic policies have successfully supported double-digit economic growth but also led to large economic imbalances.

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Customer Interaction Solutions

Additional US$50 Million to Expand Public Works Project in Yemen

WASHINGTON, July 3 -- World Bank issued the following news release: The World Bank's Board of Directors today approved a US$50 million grant for the expansion of a public works program in Yemen that has proved effective in answering the need for more economic opportunities and improved access to basic services.

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Armenian Liberty

World Bank Approves New Loans For Armenia

The World Bank has disbursed more than $120 million in three new loans to Armenia that are designed to boost Armenian exports, upgrade the domestic energy infrastructure and support thousands of livestock farmers in impoverished rural communities.

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Related Topix: Agriculture, Science

Customer Interaction Solutions

World Bank Continues to Support Gas Sector Development in Turkey

WASHINGTON, July 2 -- World Bank issued the following news release: The World Bank's Board of Directors today approved an additional financing of US$400 million to the already existing Gas Sector Development Project of Turkey.

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Wed Jul 02, 2014

The Baltimore Sun

Afghan election results delayed amid fraud accusations

Preliminary results from Afghanistan's presidential election, due to be announced on Wednesday, have been delayed, an election official said, amid accusations of fraud that threaten to split the fragile country along ethnic lines.

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