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  • BEIJING, March 25- China should let market forces play a greater role in its drive to boost the urban population to accomplish its goal of ensuring sustained, consumer-led growth, the World Bank said in a report on Tuesday.

  • BEIJING, March 25- Investment has become less effective in generating growth in China, World Bank Managing Director Sri Mulyani Indrawati told a conference in Beijing on Tuesday. She did not elaborate in a speech in advance of the release of a report on China's urbanisation due later on Tuesday.

  • WASHINGTON, March 20- Germany is the world's most efficient exporter and importer, the World Bank said on Thursday. In its latest trade logistics score card, the World Bank ranked seven European economies among the top 10, along with the United States, Singapore and Japan.

  • World Bank releases $70 mln to help Rwanda combat poverty Wednesday, 19 Mar 2014 | 1:17 PM ET

    KIGALI, March 19- The World Bank signed off on a $70 million financing package for Rwanda on Wednesday, the last tranche of a three-year aid programme, which will be partly used to make poverty-fighting programmes more effective at combating natural disasters.

  • ANTANANARIVO, March 15- The World Bank and the European Union will resume financial support to Madagascar, officials said, pledging to help rebuild the Indian Ocean island economy still reeling from a coup in 2009..

  • World Bank panel rejects Venezuela's appeal over Conoco Wednesday, 12 Mar 2014 | 11:08 PM ET

    CARACAS, March 12- A World Bank panel has rejected Venezuela's request for a new hearing to contest a 2013 partial ruling that it failed to act in good faith regarding negotiations to compensate U.S. oil company ConocoPhillips for expropriations. It also limited the scope of ConocoPhillips' claims by excluding future tax credits.

  • KAMPALA, March 9- With a World Bank scholarship and top grades in the first year of her masters degree in agriculture, 27- year-old Cleo Kambugu should be well on the road to her goal of an academic career in Uganda.

  • KAMPALA, March 9- With a World Bank scholarship and top grades in the first year of her masters degree in agriculture, 27- year-old Cleo Kambugu should be well on the road to her goal of an academic career in Uganda.

  • BEIJING, March 7- China has begun preparations to set up a multilateral bank to fund infrastructure projects in Asia, the finance ministry said on Friday, looking to tap into demand for infrastructure growth as regional economies develop. "Existing MDBs, such as the World Bank and the Asian Development Bank, put their priorities more on poverty reduction," Lou said.

  • G7 FINANCE MINISTERS SAY IMF SUPPORT FOR UKRAINE WILL BE CRITICAL IN UNLOCKING ASSISTANCE FROM WORLD BANK, OTHER INSTITUTIONS, EU AND BILATERAL SOURCES.

  • WASHINGTON, Feb 27- The World Bank on Thursday postponed a $90 million loan to Uganda's health system over a law that toughened punishment for gays, an unusual move for an institution that typically avoids wading into politics.

  • World Bank postpones Uganda loan over anti-gay law Thursday, 27 Feb 2014 | 5:31 PM ET

    WASHINGTON, Feb 27- The World Bank on Thursday said it postponed a $90 million loan to Uganda's health system over a law that toughened punishment for gays, an unusual move for an institution that usually avoids wading into politics.

  • WASHINGTON, Feb 27- The world loses or wastes a staggering 25 percent to 33 percent of the food it produces for consumption, losses that can mean the difference between an adequate diet and malnutrition in many countries, the World Bank said in a report released on Thursday.

  • Inside the palace of Ukraine's former president Tuesday, 25 Feb 2014 | 11:56 AM ET
    CNBC visits the palace of ousted Ukrainian President Viktor Yanukovych.

    Regular Ukrainians traveling to view President Viktor Yanukovych's property are stunned by its opulence.

  • BERLIN, Jan 28- The World Bank's private-sector arm is investing up to 25 million euros in two online retailers, Lamoda in Russia and Dafiti in Latin America, the latest fundraising success for German venture capital firm Rocket Internet.

  • *World Bank sees GDP growth of 3.7 pct in 2014. NAIROBI, Jan 24- The World Bank said on Friday it could resume normal relations with Madagascar within a month following calm elections, which would allow it to give budget support to the island for the first time since a 2009 coup.

  • SAO PAULO, Jan 21- A project bringing together thousands of small farmers in western Kenya has become the first to earn carbon credits using a new sustainable farming accounting system, the World Bank said on Tuesday.

  • *World Bank sees stronger growth in 2014. TOKYO, Jan 16- Asian shares ticked higher on Thursday after a set of robust U.S. data and upbeat earnings from Bank of America helped squash concerns of a slowdown in the world's largest economy following disappointing jobs growth in December.

  • *World Bank lifts growth outlook for first time in three years. LONDON, Jan 15- European shares scaled fresh 5-1/ 2 year highs on Wednesday, buoyed by strong data and a brighter outlook for the global economy, as well as by easing regulatory concerns about euro zone banks.

  • *World Bank raises forecast for global growth. LONDON, Jan 15- Nickel prices hit two-month highs on Wednesday due to supply concerns following an Indonesian ban on unprocessed ore exports, but gains are likely to be capped by persistent weakness in the stainless steel market and ample ore stockpiles in China.

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