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  • World Bank lowers Philippine growth forecast Thursday, 7 Aug 2014 | 12:46 AM ET

    MANILA, Philippines— The World Bank lowered its Philippine growth forecasts Thursday to 6.4 percent this year and 6.7 percent next year but says the country remains one of East Asia's fastest growing economies.

  • WASHINGTON, Aug 5- U.S. and African companies and the World Bank on Tuesday pledged more than $17 billion in investments in construction, energy and information technology projects in Africa to showcase U.S. economic interest in the fast-growing region.

  • KIEV, July 28- Ukrainian Prime Minister Arseny Yatseniuk said on Monday any failure by lawmakers to approve budget amendments on a second attempt would amount to the breakdown of Kiev's bailout deals with the International Monetary Fund and the World Bank.

  • BELGRADE, July 27- Serbia's government adopted a new privatisation bill and proposed changes to bankruptcy law on Sunday to speed up the sale of loss-making state-owned companies. The laws, which have yet to be passed by parliament, are a pre-condition for the release of a $250 million World Bank budget support loan.

  • BELGRADE, July 27- Serbia's government adopted a new privatization bill and proposed changes to bankruptcy law on Sunday to speed up the sale of loss-making state-owned companies. The laws, which have yet to be passed by parliament, are a pre-condition for the release of a $250 million World Bank budget support loan.

  • Proponents say it would allow more flexibility and less red tape and is necessary to adjust to a world in which the World Bank is not the only major development player.

  • Employees who focus on reducing social and environmental damage from projects lack independence or incentives to do a good job, and the World Bank has little oversight over how well their advice is followed and how much money is devoted to safeguards.

  • When do we get off the Fed treadmill? Friday, 11 Jul 2014 | 11:18 AM ET

    When do we get off this treadmill, where central banks believe it's their job to not only provide stability but also boost asset prices?

  • World Bank says trade protectionism starts to level off Thursday, 26 Jun 2014 | 6:05 PM ET

    WASHINGTON, June 26- Barriers to imports in major economies are starting to recede after a rash of protectionism during the global financial crisis, World Bank figures showed on Thursday.

  • The message the economy is sending the Fed: Farr Wednesday, 18 Jun 2014 | 11:35 AM ET
    Janet Yellen

    Downward revisions to GDP, a slowdown in home-price increases — what kind of message is this sending to the Fed?

  • *Lack of finance a major hurdle for Africa's development. *World Bank leading program to promote credit bureaus. LUSAKA/ LAGOS, June 17- When Joyce Musonda wanted to start a business two years ago selling kitchen tiles from her backyard in an up-and-coming district of Zambia's capital of Lusaka, she braced herself for a battle to find a start-up loan.

  • *Bank of America shares biggest drag on S&P 500. *World Bank cuts global 2014 outlook. NEW YORK, June 11- U.S. stocks fell on Wednesday, with the Dow breaking a four-day string of record closing highs, following the World Bank's reduction of its global growth forecast.

  • NEW YORK, June 11- U.S. stocks fell on Wednesday, with the Dow and S&P 500 pulling back from recent record highs following the World Bank's reduction of its global growth forecast. The Dow Jones industrial average fell 102.04 points or 0.60 percent, to end unofficially at 16,843.88. The S&P 500 declined 6.90 points or 0.35 percent, to finish unofficially at 1,943.89.

  • *Bank of America shares biggest drag on S&P 500. *World Bank cuts global 2014 outlook. NEW YORK, June 11- U.S. stocks dropped on Wednesday, with the Dow and S&P 500 pulling back from recent record highs, following the World Bank's reduction of its global growth forecast.

  • NEW YORK, June 11- Stocks retreated from recent highs on Wednesday, pressured by a lower World Bank growth forecast and a profit warning from Lufthansa, while crude oil rose on fears of disrupted supply from Iraq.

  • US STOCKS-Wall Street dips, but tech helps Nasdaq Wednesday, 11 Jun 2014 | 12:55 PM ET

    *Micron, Amazon rise after analysts' comments. *World Bank cuts global 2014 outlook. Investors expressed caution after the surprising primary election defeat of Eric Cantor, the No. 2 Republican in the House of Representatives, by an upstart candidate from the Tea Party movement.

  • *World Bank cuts global 2014 outlook. In a cautious note, the World Bank late Tuesday cut its global economic growth forecast for 2014 to 2.8 percent from 3.2 percent due to the impact of the Ukraine crisis and a harsh U.S. winter.

  • *Micron higher in premarket, Credit Suisse ups target. *Sounding a cautious note, the World Bank late Tuesday cut its global economic growth forecast to 2.8 percent from 3.2 percent due to the impact of the Ukraine crisis and a harsh U.S. winter.

  • World Bank cuts global growth forecast     Wednesday, 11 Jun 2014 | 1:00 AM ET

    Luis Costa, emerging market strategist at Citi, says that growth in the second half of 2014 will come from the developed world rather than from emerging markets.

  • WASHINGTON, June 10- The World Bank on Tuesday trimmed its global growth forecast, saying a confluence of events, from the Ukraine crisis to unusually cold weather in the United States, dampened economic expansion in the first half of the year.