Bertrand Badre, Chief Financial Officer at the World Bank, outlines why he is relatively positive on China's economy and addresses the organization's shifting lending model.» Read More
LONDON, June 24- An independent panel set up by the World Bank to look at the validity of one of its highest profile country rankings said on Monday the Bank should stop producing it because it may be misleading. The panel was headed by South Africa's planning minister Trevor Manuel. Singapore topped last year's rankings while Central African Republic was bottom.
LISBON, June 20- Angola lags far behind its neighbours on investment levels and must spend more to rebuild infrastructure and accelerate growth in sectors outside its dominant oil industry, the World Bank said on Thursday.
*China, U.S.' serious' about climate change. LONDON, June 19- The world should stop arguing about whether humans are causing climate change and start taking action to stop dangerous temperature rises, the president of the World Bank said on Wednesday.
LONDON, June 19- The World Bank is concerned about the spillover effects on developing countries of a slowing of U.S. money creation and will move to provide affordable capital when borrowing costs rise, its president said on Wednesday.
WASHINGTON, June 19- Much of Bangkok could flood within the next two decades if global warming stays on its current trajectory, as sea levels rise and cyclones intensify, the World Bank said in a new report on Wednesday.
As markets await the Fed's scaling back on QE, Hans Timmer, Director of the Development Prospects Group at the World Bank, says the biggest dangers facing developing countries are within their own economies.
The global economy is moving to a period of stable, but slower growth, according to the world bank's biannual Global Economic prospects report. CNBC's Ross Westgate spoke to the lead author of that report, Andrew Burns, for more.
CNBC's Kaori Enjoji asked the World Bank's managing director Sri Mulyani Indrawati, what slower growth in Asia, and particularly China, would mean globally.
New environmental threats that laws cannot address are fostering a fresh grassroots call to action, says guest commentator Terry Tamminen.
Raghavan Seetharaman, President & CEO of Doha Bank, talks about the company's recently-opened Sydney office - the first for a bank from the Gulf region.
Leaders of the five BRICS nations plan to create a development bank in a direct challenge to the World Bank that they accuse of Western bias. The bank would use $50 billion of seed capital shared equally but dominated by China.
Developing nations must be ready for a financial market selloff if the Cypriot banking sector collapses, World Bank Managing Director Sri Mulyani Indrawati said on Sunday, urging a swift resolution to the crisis in Cyprus.
Andrew Burns, lead economist at the World Bank, tells CNBC why the risks in 2013 are less negative and we could see surprises to the upside.
A frustratingly slow economic recovery in developed nations is holding back the global economy, the World Bank said on Tuesday, as it sharply cut its outlook for world growth in 2013.
The World Bank raised its 2013 economic growth forecasts for China and developing East Asia on Wednesday, and said the region remained resilient despite the lackluster performance of the global economy.
A cloud of uncertainty has been lifted as Greece’s lenders agree on new debt targets, paving the way for the country to receive another tranche of aid, but one expert says Greece needs growth.
Greece’s international lenders once again failed to reach an agreement on how to bring down its debt levels, delaying the release of vital aid to Athens and pushing the euro lower. Yet all is not lost for Greece and the single currency, analysts told CNBC.
The euro, which hit a two-month low against the dollar on Tuesday as hopes that Greece would receive essential aid soon, faces further losses as concern about Greece’s future grow, currency analysts warn.
The yen gets a break and oil prices take down the loonie — it's time for your FX Fix.
Will they or won’t they? That’s the big question markets have been asking about Spain for the past few weeks—whether the country will ask for a credit line from Europe’s rescue fund and trigger a bond-buying program by the European Central Bank (ECB).