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  • 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

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

  • Sri Mulyani Indrawati, Managing Director, World Bank, says Thai leaders need to consider the economic consequences caused by the political crisis.

  • ANTANANARIVO, May 19- The World Bank will give Madagascar $400 million in financial support over three years, after recently restoring ties following a peaceful election, while the European Union said it was resuming full relations with the Indian Ocean island.

  • DIARY - Emerging Markets Economic Events to May 26 Tuesday, 13 May 2014 | 8:02 PM ET

    May 14- For other related diaries, please. WASHINGTON- World Bank President Jim Yong Kim and former U.S. Secretary of State Hillary Clinton participate in an event for women's empowerment in Washington- 2115 GMT.

  • CARACAS, May 6- A World Bank panel said on Tuesday it has rejected Venezuela's request to change the arbitrators reviewing a dispute over compensation sought by U.S. oil company ConocoPhillips for 2007 expropriations.

  • WASHINGTON, April 29- Switzerland and Norway are the world's most expensive economies, followed by Bermuda, Australia and Denmark, according to a new ranking by the World Bank.

  • Latam countries pushed to reform as easy money era ends Saturday, 12 Apr 2014 | 4:41 PM ET

    Both the World Bank and International Monetary Fund expect slower growth in the region this year than last year in the face of weaker Chinese growth slowing demand for commodities and tighter financial conditions as some central banks wind down stimulus.

  • WASHINGTON, April 11- The leaders of the International Monetary Fund, World Bank and United Nations on Friday called upon finance ministers to use fiscal policies, such as carbon taxes, to combat climate change. IMF Managing Director Christine Lagarde and World Bank President Jim Yong Kim were joined by U.N.

  • "We are monitoring the economic situation in Ukraine, mindful of any risk to economic and financial stability, and welcome the IMF's recent engagement with Ukraine as the authorities work to undertake meaningful reforms," the G20 said during the IMF-World Bank spring meetings in Washington.

  • WASHINGTON, April 11- The International Monetary Fund is able to lend to Ukraine because the country's debt is sustainable, the head of the IMF's European department, Reza Moghadam, said on Friday. "Debt in Ukraine is sustainable," Reza Moghadam said in a news conference during the IMF and World Bank spring 2014 meetings.

  • DIARY - Top Economic Events to April 23 Thursday, 10 Apr 2014 | 8:01 PM ET

    TORONTO- Ontario Finance Minister Charles Sousa speaks at the Intercontinental Hotel in Toronto- 1600 GMT. WASHINGTON- German Finance Minister Schaeuble speaks at Center on Foreign Relations in Washington- 1715 GMT. WASHINGTON- 2014 Spring Meetings of the International Monetary Fund and the World Bank Group.

  • "We just did one earlier this year, and as you know, the Philippines is always opportunistic and when market opportunity is there, we will do one," Finance Secretary Cesar Purisima told reporters on the sidelines of the IMF/World Bank meetings in Washington.

  • *Need to focus on GDP per capita, World Bank says. *Nigeria needs to improve infrastructure, beware inequality. Nigeria's 2013 GDP was rebased up to an estimated nearly $510 billion- a "pie" one and half times the size of South Africa's, but feeding more than three times as many people.

  • WASHINGTON, April 9- Russia's central bank made the right decision to defend the rouble in the short term and prevent excessive volatility in the exchange rate when the Ukraine crisis escalated, a senior official at the World Bank said on Wednesday.

  • SINGAPORE, April 7- The World Bank trimmed its 2014 growth forecast for developing East Asia but said the region's economies were likely to see steady growth in the next couple of years, helped by a pick-up in global growth and trade.

  • World Bank: East Asia to grow steadily     Monday, 7 Apr 2014 | 12:16 AM ET

    Bert Hofman, Chief Economist, East Asia & Pacific at the World Bank, outlines the organization's growth prospects for the year ahead.

  • SINGAPORE, April 7- The World Bank trimmed its 2014 growth forecast for developing East Asia but said the region's economies were likely to see steady growth in the next couple of years, helped by a pick-up in global growth and trade.

  • WASHINGTON, April 1- The World Bank plans to increase its funds for development by around 40 percent per year over the next decade as part of its first major realignment since 1997, the institution's president said on Tuesday.