WASHINGTON, Feb 26- Growing concerns inside the International Monetary Fund and the World Bank about the spread of the new coronavirus have prompted the institutions to consider scaling back their Spring Meetings in April or hold them by teleconference, people familiar with the discussions said on Wednesday. Italy has reported more than 400 cases and people...
WASHINGTON, Feb 26- Growing concerns inside the International Monetary Fund and the World Bank about the spread of the new coronavirus have prompted the institutions to consider scaling back their Spring Meetings in April or hold them by teleconference, people familiar with the discussions said.
WASHINGTON, Feb 10- The World Bank is offering technical assistance to China to help battle the coronavirus epidemic but no new loans, the development lender's president, David Malpass, said on Monday. Malpass told Reuters the bank was working with the World Health Organization to aid China, including offering advice about past health crises, but did not plan any...
WASHINGTON, Feb 10- The World Bank is offering technical assistance to China to help battle the coronavirus epidemic but no new loans, the development lender's president, David Malpass, said on Monday. Malpass told Reuters the bank was working with the World Health Organization to aid China, including offering advice about past health crises, but did not plan any...
Chang Wen Lai is certainly driven. In just five years, the 32-year-old entrepreneur has built up a multimillion-dollar international express delivery business. But it wasn't always an easy ride for the young CEO.
WASHINGTON, Feb 5- The World Bank's chief economist, Pinelopi Koujianou Goldberg, will leave her position on March 1 after less than 15 months on the job to return to Yale University, according to an internal email to colleagues seen by Reuters. Romer quit https://www.reuters.com/article/us-worldbank-economist-romer/world-bank-economis t- p a u l- r o m e r- q u...
TREASURY SECRETARY MNUCHIN SAYS THERE IS A ROLE FOR WTO, WORLD BANK, IMF BUT SOME ARE VERY DIFFICULT TO CHANGE WHEN THEY OPERATE ON CONSENSUS BASIS.
WASHINGTON, Jan 21- The United States has blacklisted 15 aircraft in its latest sanctions against Venezuela, according to the U.S. Treasury Department website. Washington also issued an amended general license allowing certain international organizations, including some United Nations agencies, the Inter-American Development Bank and the World Bank, to...
LONDON, Jan 21- Ivory Coast has asked the World Bank for help in eliminating illegal cocoa output from protected forests and resettling people farming there, as it steps up efforts to both end deforestation and deter excess cocoa production. I asked the president of the World Bank to help us, "Ivory Coast President Alassane Ouattara told Reuters on the sidelines...
TOKYO, Jan 16- Japanese manufacturers remained in a pessimistic mood in January as Sino-U.S. trade frictions and sluggish global demand weighed on the export-reliant economy, the Reuters Tankan survey showed. The survey came as the World Bank cut its global growth forecasts slightly for 2019 and 2020 due to a slower-than-expected recovery in trade and...
China would have to buy a "crazy amount" of U.S. goods and services to fulfill its commitments in the deal, said Deborah Elms, executive director of Asian Trade Centre.
JOHANNESBURG, Jan 9- The South African rand weakened slightly against the dollar on Thursday, as power cuts, weak manufacturing data and a trimmed World Bank growth forecast weighed. The currency had steadied against the dollar earlier in the day as fears of a fresh conflict in the Middle East following the killing of Tehran's top general in a U.S. drone strike...
The current wave of debt accumulation is "the largest, fastest and most broad-based increase" in global borrowing since the 1970s.
WASHINGTON, Jan 8- The World Bank on Wednesday trimmed its global growth forecasts slightly for 2019 and 2020 due to a slower-than-expected recovery in trade and investment despite cooler trade tensions between the United States and China. In its latest Global Economic Prospects report, the World Bank shaved 0.2 percentage point off of growth for both years,...
Ayhan Kose, World Bank director of development prospects, joins CNBC's "Closing Bell" to discuss the World Bank's recent forecasts on global economic growth.
WORLD BANK SAYS CUTS EMERGING MARKET/DEVELOPING ECONOMY GROWTH FORECASTS TO 3.5% FOR 2019, 4.1% FOR 2020, DOWN 0.5 PERCENTAGE POINT FOR BOTH YEARS.
WORLD BANK SAYS TRIMS 2019 GLOBAL GROWTH ESTIMATE TO 2.4% FROM 2.6% FORECAST IN JUNE; WEAKEST EXPANSION SINCE FINANCIAL CRISIS A DECADE AGO.
China tried to get World Bank loans to fund facial recognition tech for the purpose of using it in the Xinjiang region, according to Axios.
The World Bank on Thursday adopted a plan to aid China with $1 billion to $1.5 billion in low-interest loans annually through June 2025. The plan calls for lending to "gradually decline" from the previous five-year average of $1.8 billion.
President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to Beijing over Washington's objections. The World Bank on Thursday adopted a plan to aid China with $1 billion to $1.5 billion in low-interest loans annually through June 2025. "World Bank lending to China has fallen...
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