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World Bank

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  • 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.

  • China's clout on show with BRICS bank formation Friday, 18 Jul 2014 | 9:04 AM ET

    MUMBAI, India— A developing nation version of the World Bank was formally agreed this week two years after India proposed the idea to Brazil, Russia, China and South Africa. India ensured a sense of parity with its insistence that each of the countries behind the New Development Bank contribute equal shares of $10 billion to its initial $50 billion capital.

  • 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.

  • 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.

  • *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.

  • 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.

  • BEIJING, June 6- China aims to cut the proportion of cash that commercial banks must keep with the People's Bank of China, the country's banking regulator said on Friday, signalling further monetary loosening although the IMF and World Bank say its economy is doing fine.

  • BEIJING, June 6- China is likely to meet its economic growth target of 7.5 percent this year, the World Bank said on Friday, but must persevere with fiscal and financial sector reforms to deal with the root cause of its debt problems.

  • China can meet 7.5% growth: World Bank     Friday, 6 Jun 2014 | 12:24 AM ET

    Karlis Smits, Senior Economist at the World Bank, says a resilient labor market and improving global economic conditions will support China in achieving its 7.5 percent growth target.

  • George Soros: Why helping Ukraine also helps Europe Thursday, 29 May 2014 | 3:17 PM ET
    George Soros attends the 2014 WEF in Davos, Switzerland.

    The success of the new Ukraine would constitute an existential threat to Putin's rule in Russia.