GO
Loading...

Enter multiple symbols separated by commas

International Organizations World Bank

More

  • BERLIN/ WASHINGTON, March 17 (Reuters)- The United States urged countries on Tuesday to think twice about signing up to a new China- led Asian development bank that Washington sees as a rival to the World Bank after Germany, France and Italy followed Britain in saying they would join. The concerted move by U.S. allies to participate in Beijing's flagship economic...

  • PARIS/ BEIJING, March 17- Germany, France and Italy said on Tuesday they had agreed to join a new China- led Asian investment bank after close ally Britain defied U.S. pressure to become a founder member of a venture seen in Washington as a rival to the World Bank. It comes amid prickly trade negotiations between Brussels and Washington, and at a time when EU and Asian...

  • TOKYO, March 13- The president of the World Bank said on Friday he welcomed the setting up of the China-backed Asian Infrastructure Investment Bank, a day after Britain became the first Western nation to embrace the institution. The AIIB was launched in Beijing last year and was seen as a rival to the Western-dominated World and Asian Development Bank.

  • TOKYO, March 13- The president of the World Bank said on Friday he welcomed the setting up of the China-backed Asian Infrastructure Investment Bank, a day after Britain became the first Western nation to embrace the institution. The AIIB was launched in Beijing last year and was seen as a rival to the Western-dominated World and Asian Development Bank.

  • LONDON, March 13- Britain said it has sought to become a founding member of the Asian Infrastructure Investment Bank, making it the first Western nation to embrace the China- backed institution, but the United States reacted frostily to the development. Analysts have said it could challenge the Western-dominated World Bank and Asian Development Bank.

  • UPDATE 1-UK to join China-backed Asian development bank Thursday, 12 Mar 2015 | 10:30 PM ET

    LONDON, March 12- Britain said it will seek to become a founding member of the Asian Infrastructure Investment Bank, a new regional body backed by China that has raised concerns in the United States about governance standards. Analysts have said it could challenge the Western-dominated World Bank and Asian Development Bank in the region.

  • UK to join China-backed Asian development bank Thursday, 12 Mar 2015 | 6:27 PM ET

    LONDON, March 12- Britain said it will seek to become a founding member of the Asian Infrastructure Investment Bank, a new regional body backed by China that has raised concerns in the United States about governance standards. Analysts have said it could challenge the Western-dominated World Bank and Asian Development Bank in the region.

  • World Bank admits botched resettlement policy Wednesday, 4 Mar 2015 | 12:24 PM ET

    World Bank President Jim Yong Kim pledged that "we must and will do better," on a call with reporters, and launched an action plan to address shortcomings. In a recent case, indigenous Anuak people in Ethiopia's Gambella region said the World Bank contributed to the Ethiopian government's "villagization" program that forced about 70,000 people off their land.

  • Greeks soften tone as Germans stand firm Tuesday, 10 Feb 2015 | 11:37 AM ET
    Pharmacist George Bacacos, right, behind the counter at his drugstore.

    Recommendations from the OECD may form the basis of a deal sought by Greece with euro zone finance ministers.

  • Oil price may boost growth by 15-20%: World Bank Thursday, 22 Jan 2015 | 6:39 AM ET

    Low oil prices may increase economic growth by 15-20 percent this year, but some countries will still lose out, said the head of the World Bank.

  • World Bank on 'snuffing out' epidemics Thursday, 22 Jan 2015 | 5:25 AM ET
    World Bank: 'Snuffing out' epidemics

    Jim Yong Kim, World Bank president and 2015 WEF co-chair, talks about epidemics like Ebola and says that people need to be careful not to lose focus after it has peaked.

  • World Bank President welcomes ECB QE Thursday, 22 Jan 2015 | 5:10 AM ET
    World Bank President welcomes ECB QE

    Jim Yong Kim, World Bank president and 2015 WEF co-chair, says he welcomes the prospect of quantitative easing in Europe, but adds that it should not encourage countries to slow down structural and economic reforms.

  • The 10 toughest countries for business Wednesday, 10 Dec 2014 | 8:45 AM ET

    CNBC.com takes a look at the world's most difficult countries in which to do business, based on a report from the World Bank.

  • Pragmatisim is driving global economics: Pro Monday, 17 Nov 2014 | 8:47 PM ET
    Pragmatisim is driving global economics: Pro

    Laurence Brahm, Founder of the Himalayan Consensus Institute, discusses the emergence of a new financial framework that has spurred the integration of third world nations with its developed peers.

  • World Bank warns on Russia as sanctions bite Wednesday, 24 Sep 2014 | 8:43 AM ET

    The World Bank cut its Russia growth forecast on Wednesday, warning of economic stagnation until 2016.

  • World Bank chief on Russia and Ukraine crisis Friday, 19 Sep 2014 | 1:15 AM ET
    World Bank chief on Russia and Ukraine crisis

    Jim Yong Kim, President of the World Bank, says the organization has a good relationship with Ukraine and Russia but the G20 meeting needs to help "turn down the heat" in the crisis.

  • World Bank chief on Scottish referendum Friday, 19 Sep 2014 | 1:15 AM ET
    World Bank chief on Scottish referendum

    Jim Yong Kim, President of the World Bank, says "good things" came out of the Scottish independence referendum.

  • G20 role 'critical' in financial crisis: World Bank head

    Jim Yong Kim, President of the World Bank, defends the G20 meetings saying the group played a "critical" role in the financial crisis.

  • World Bank: 2.8% global growth is achievable Wednesday, 10 Sep 2014 | 10:44 PM ET
    World Bank: 2.8% global growth is achievable

    Kaushik Basu, Senior VP & Chief Economist at World Bank, says it lowered its global growth forecast due to geopolitical tensions. He later explains why U.S. engagement in Iraq is necessary.

  • Anger is not a strategy for dealing with Russia Monday, 8 Sep 2014 | 12:34 PM ET
    Russia's President Vladimir Putin

    It is natural to feel angry at Vladimir Putin’s aggression and deceptions in Ukraine, but anger is not a strategy, says Harvard Professor Joseph Nye.