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  • *Sri Mulyani Indrawati back in post held under last president. JAKARTA, July 27- Indonesian President Joko Widodo pleased market reform advocates on Wednesday by bringing home the World Bank's managing director to be finance minister and upset human rights activists by naming a controversial ex-general as security chief. In 2010, Indrawati joined the World...

  • *Sri Mulyani Indrawati back in post held under last president. JAKARTA, July 27- Indonesian President Joko Widodo pleased market reform advocates by bringing home the World Bank's managing director to be finance minister and upset human rights activists by naming a controversial ex-general as security chief. In 2010, Indrawati joined the World Bank after...

  • JAKARTA, July 27- Indonesia's president on Wednesday appointed a new cabinet, aimed at increasing the effectiveness of his team and boosting growth in Southeast Asia's biggest economy. -Finance minister: World Bank managing director Sri Mulyani Indrawati. -Coordinating minister for maritime affairs: Luhut Pandjaitan, who was coordinating minister for...

  • *Sri Mulyani Indrawati back in post held under last president. JAKARTA, July 27- Indonesia's president on Wednesday appointed World Bank managing director Sri Mulyani Indrawati as the country's finance minister, among a wider cabinet reshuffle aimed at increasing the effectiveness of his team. The new cabinet, which will be inaugurated later on Wednesday,...

  • JAKARTA, July 27- Indonesia's president on Wednesday appointed World Bank managing director Sri Mulyani Indrawati as the country's new finance minister, among a wider cabinet reshuffle aimed at increasing the effectiveness of his team. Former Indonesian army general Wiranto will replace Luhut Pandjaitan as the chief security minister.

  • *Kaushik Basu in frame after World Bank stint. NEW DELHI, July 26- The Indian government has scaled back the urgency of its search for a new central bank governor, sources said, with a replacement to Raghuram Rajan now likely to be named only after he chairs his final policy meeting next month. Two government sources with direct knowledge of the matter also said...

  • Rescuers and workers who were wounded in a crane collapse accident, receive medical treatment at a hospital in Dongguan, south China's Guangdong Province, April 13, 2016.

    Escalating health care costs are set to place an unsustainable burden on citizens, underlining the need for drastic reforms, according to the World Bank.

  • A pro-China protester throws eggs at photos of US President Barack Obama and torn copies of the ruling by the Permanent Court of Arbitration, outside Hong Kong's United States Consulate on July 14, 2016.

    Beijing will be aggressive over the issue in the short term, experts say, but does want to get along with its neighbors.

  • BEIJING, July 22- The world must step up international macroeconomic policy coordination, China's Premier Li Keqiang said on Friday after meeting the heads of the International Monetary Fund, the World Bank, and other senior global economic officials. He made the remarks at a joint briefing with the officials, which also included the heads of the World Trade...

  • BEIJING, July 22- Pressure for China to cut overcapacity comes from within the country, not outside, Premier Li Keqiang said on Friday. China's premier made these comments after meeting the heads of the International Monetary Fund, the World Bank and other senior global economic officials. Li said at a news briefing following the meeting that China's steel...

  • BEIJING, July 22- The world must step up international macroeconomic policy coordination, China's Premier Li Keqiang said on Friday after meeting the heads of the International Monetary Fund, the World Bank, and other senior global economic officials.

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • WEDNESDAY, JULY 20 BEIJING- World Bank Group President Jim Yong Kim to visit China. THURSDAY, JULY 21 JAKARTA- Indonesia central bank rate decision- 0700 GMT. PRETORIA- South African Reserve Bank rate decision- 1300 GMT.

  • WASHINGTON, July 18- The World Bank on Monday confirmed New York University economics professor Paul Romer as its next chief economist, bringing in a prominent voice advocating for investment in human capital and innovation. "We're most excited about his deep commitment to tackling poverty and inequality and finding innovative solutions that we can take to...

  • LIMA, July 18- A World Bank panel rejected a lawsuit filed against Peru which charged the nation with failing to clean up pollution tied to a smelter, the government said on Monday, but the company bringing the suit pledged to refile it immediately. New York- based Renco Group Inc sued Peru for $800 million in 2011, accusing it of failing to clean the soil around the La...

  • LIMA, July 18- A World Bank panel has rejected an $800 million lawsuit filed against Peru for allegedly failing to clean up and take legal responsibility for pollution tied to a smelter in the South American nation, the Peruvian government said on Monday. New-York- based Renco Group Inc sued Peru in 2011, accusing it of failing to clean the soil around the La Oroya...

  • French troops patrol around the Eifel Tower on January 12, 2015 in Paris, France.

    The fallout from this latest attack will deal a serious blow to the euro area's tourism sector and fragile economic recovery.

  • *Financing of $2 bln in bonds plus loans from US, IMF, World Bank. BAGHDAD, July 14- Iraq, pressured by lower-than-expected oil prices, will cut non-oil spending in its 2016 budget by 15 percent and take on several billion dollars in international debt, it said in a memo which the International Monetary Fund released on Thursday. Iraq said other financing sources for...