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International Organizations World Bank

  • VIENNA- Austria Central Bank Governor Ewald Nowotny to speak at event "Risks and Returns: Managing Financial Trade-Offs for Inclusive Growth in Europe and Central Asia" with World Bank officials. VIENNA- Austrian Finance Minister Hans Joerg Schelling to speak about 2017 economy and fiscal issues- 0930 GMT. VIENNA- ECB Governing Council Member Ewald Nowotny...

  • *Investors keen to get exposure to Iran. *Iran needs foreign expertise after decades of sanctions. While there could be headwinds from the incoming Trump administration in Washington, Iran offers fertile ground for investors: the World Bank classifies the country of 77 million as an upper-middle income nation.

  • MOSCOW, Jan 12- Russia needs to improve its investment climate, diversify its oil-dependent economy and boost productivity growth if it wants to catch up with the global economy, the World Bank said on Thursday. In a report called "Pathways to Inclusive Growth" the World Bank offered Russian authorities some tips on how to overcome existing economic and...

  • World Bank: We’re deeply concerned about investment slump

    Franziska Ohnsorge, lead economist at the World Bank Global Economic Development Prospects Group, talks about the trends in investment growth and the impact of technology.

  • Political uncertainty is at record high levels: World Bank

    Franziska Ohnsorge, lead economist at the World Bank Global Economic Development Prospects Group, talks about the group’s global economic forecasts going forward.

  • US growth would occur even without Trump: World Bank

    Ayhan Kose at the World Bank forecasts that growth in the U.S. will pick up at 2.2 percent in 2017.

  • WASHINGTON, Jan 10- The World Bank on Tuesday said global growth would accelerate slightly as recovering oil and commodity prices ease pressures on emerging-market commodity exporters and painful recessions in Brazil and Russia come to an end. "After years of disappointing global growth, we are encouraged to see stronger economic prospects on the horizon,"...

  • ACCRA, Dec 15- The World Bank Group said on Thursday it two of its units would provide another $517 million to Ghana in debt and guarantees to support the $7.7 billion Sankofa oil and gas project developed by Italy's ENI SpA and upstream trader Vitol Ghana. "Sankofa is expected to generate $2.3 billion in revenues for Ghana's government per year and provide a...

  • ACCRA, Dec 15- The World Bank Group said on Thursday it would provide $517 million to Ghana in debt and guarantees to support the $7.7 billion Sankofa oil and gas project being developed by Italy's ENI and upstream trader Vitol Ghana. "Sankofa is expected to generate $2.3 billion in revenues for Ghana's government per year and provide a stable, long-term source of...

  • WASHINGTON, Dec 15- The World Bank said on Thursday that 48 governments have ratcheted up the fight against extreme poverty by committing $75 billion in new funds to the International Development Association, the bank's fund for the poorest countries. The replenishment will enable IDA to scale up development interventions to tackle conflict, fragility and...

  • The "Life in Transition" survey conducted by the European Bank for Reconstruction and Development and the World Bank has questioned households across a broad region since 1991 as the Cold War came to an end, but Greece was included for the first time this year. Only one in 10 Greeks were satisfied with their financial situation and only 24 percent with life...

  • The "Life in Transition" survey conducted by the European Bank for Reconstruction and Development and the World Bank has questioned households across a broad region since 1991 as the Cold War came to an end, but Greece was included for the first time this year. Only one in 10 Greeks were satisfied with their financial situation and only 24 percent with life...

  • The "Life in Transition" survey conducted by the European Bank for Reconstruction and Development and the World Bank has questioned households across a broad region since 1991 as the Cold War came to an end, but Greece was included for the first time this year. Only one in 10 Greeks were satisfied with their financial situation and only 24 percent with life...

  • The "Life in Transition" survey conducted by the European Bank for Reconstruction and Development and the World Bank has questioned households across a broad region since 1991 as the Cold War came to an end, but Greece was included for the first time this year. Only one in 10 Greeks were satisfied with their financial situation and only 24 percent with life...

  • world growth

    The World Bank's Victoria Kwakwa says growth forecasts for East Asia are realistic as consumer demand in the region remains resilient.

  • Credit Suisse explains why it likes emerging market debts, Chinese equities and oil-related currencies for 2017.

  • STOCKHOLM- Riksbank Deputy Governor Martin Floden talks about monetary policy and the economic situation- 0735 GMT. BERLIN- German Chancellor Angela Merkel, World Bank Group President Jim Yong Kim, German Finance Minister Wolfgang Schaeuble and Bundesbank President Jens Weidmann to attend Germany's G20 presidency. NEW YORK- Federal Reserve Bank of Dallas...

  • JOHANNESBURG- South African Finance Minister Pravin Gordhan will engage business leaders in a closed pre- World Economic Forum meet- 0800 GMT. STOCKHOLM- Riksbank Deputy Governor Martin Floden talks about monetary policy and the economic situation- 0735 GMT. BERLIN- German Chancellor Angela Merkel, World Bank Group President Jim Yong Kim, German Finance...

  • JERUSALEM, Nov 22- Israel's economic growth is set to grow strongly but the country needs to cut back on bureaucracy to allow for business to thrive, Bank of Israel Governor Karnit Flug said on Tuesday. These include an improvement in the World Bank Doing Business Index-- where Israel fell three spots for 2017 to 52-- by easing the process for opening a business and...

  • Robots could displace millions of jobs with industries favoring a digital revolution at the expense of human workers, according to a UN report.