International Organizations World Bank

  • ABUJA, Dec 12- Nigeria's economy is expected to grow by 2 percent this year and by 3 percent in 2019, the country's Minister of Budget Udoma Udo Udoma said on Wednesday. The World Bank expects growth at slightly less than 2 percent in 2018, while and Nigeria's central bank predicts the economy will grow 1.75 percent this year. Nigeria's statistics office on Monday...

  • BEIRUT, Nov 30- The World Bank and Lebanon's caretaker finance minister jointly called on Friday for the formation of a new government after half a year of political stalemate, saying a new administration was needed to halt "confusion" over the economy. Finance Minister Ali Hassan Khalil and World Bank Vice President for the Middle East and North Africa Ferid...

  • President Donald Trump (L) and China's President Xi Jinping walk along the front patio of the Mar-a-Lago estate after a bilateral meeting in Palm Beach, Florida, April 7, 2017.

    U.S. President Donald Trump and Chinese leader Xi Jinping are expected to discuss trade at the G-20 summit in Argentina this week — a meeting closely watched for clues on where tensions between the two economic powerhouses are going.

  • There are many scenarios that could make up a future "cyber 9/11," but history and private-sector initiatives have given us some clues of what that may look like. 

  • WEDNESDAY, NOVEMBER 14 JOHANNESBURG- World Bank officials to meet Zambia finance minister and government officials in the town of Livingston to discuss the economy of Africa's No. 2 copper producer, which is facing high levels of debt.. JAKARTA- Indonesia's Central Bank holds Board of Governors Meeting. ZAGREB- Croatia National Bank holds monetary policy...

  • TUESDAY, NOVEMBER 13 JOHANNESBURG- World Bank officials to meet Zambia finance ministers and government officials in the town of Livingston to discuss the economy of Africa's No. 2 copper producer, which is facing high levels of debt.. JAKARTA- Indonesia's Central Bank holds Board of Governors Meeting. MELBOURNE- Panel Participation by Guy Debelle, RBA Deputy...

  • Optimistic on Malaysia's growth profile: World Bank Group

    Richard Record of The World Bank Group says Malaysia's stock of debt is "elevated," but "manageable."

  • RIO DE JANEIRO, Nov 12- World Bank chief financial officer and former Brazilian finance minister Joaquim Levy has accepted far-right President-elect Jair Bolsonaro's offer to lead state development bank BNDES, Bolsonaro adviser Paulo Guedes said on Monday. "With extensive experience in public management and a PhD in economics from the University of...

  • The financing package will fund a wind farm in the south of Jordan. 

    Jordan is looking to diversify its energy production. 

  • Logos of ABB AG sit on display outside the company's semi-conductor plant in Lenzburg, Switzerland.

    ABB Chairman Peter Voser predicted that automation will be a major driver for industries in the future and companies will need both robots and "end-to-end" manufacturing technologies.

  • BOGOTA, Nov 2- The arrival of more than a million Venezuelans fleeing a deep social and economic crisis in their country could lead to economic growth in Colombia, if the country takes the right steps to manage the migrant crisis, the World Bank said in a report released on Friday. Half have opted to live in Colombia, and many have arrived with only what they could...

  • NEW DELHI, Oct 31- Long known for its bureaucracy, India has made major strides in improving prospects for businesses in the country, the World Bank said in a report on Wednesday. India rose 23 places to 77th in the World Bank's Ease of Doing Business Index for 2019, up from 100th in 2018 and 130th in 2017, when it was ranked lower than Iran and Uganda.


  • MOSCOW, Oct 31- Doing business in Russia became easier again over the past year, but the country needs to deal better with protecting minority investors and regulating corporate responsibility, the World Bank said on Wednesday. "Russia has once again demonstrated its commitment to improving the business climate for private enterprise," said Andras Horvai,...

  • BEIRUT, Oct 30- Lebanon's risk profile is rising sharply and some of the central bank's tools are becoming less effective, the World Bank said on Tuesday in its autumn Lebanon Economic Monitor report. Almost six months since a parliamentary election in May, Lebanon's politicians are yet to agree a unity government that can get to work on badly needed economic...

  • BEIJING, Oct 30- China's Premier Li Keqiang will meet the heads of IMF, World bank and World Trade Organization in Beijing as part of an annual meeting on Nov. 6, China's foreign ministry said on Tuesday.

  • Isabel and Melati Wijsen are sisters who set up the Bali-based organisation, Bye Bye Plastic Bags.

    Indonesian teenager Melati Wijsen has been campaigning against plastic pollution for five years — a journey that's taken her to the U.N. and to the negotiating table with Indonesian authorities.

  • Singapore.

    Trade tensions that have hit market sentiments towards the end of the current business cycle could be a "double whammy" to the global economy, said Singapore's Minister for Trade and Industry Chan Chun Sing.

  • Construction crews work on a freeway overpass along Highway 101 in Novato, California.

    The comments by the president of Asian Infrastructure Investment Bank came amid mounting criticisms that the push for massive infrastructure building has increased the debt burden of developing nations in an unsustainable way.

  • Founder and Chairman of Alibaba Group Jack Ma present at the 'Ma Yun Rural Teachers Prize' awards show on January 22, 2018 in Sanya , Hainan province, China.

    The ability to stay the course can make or break a business — that's something that Alibaba's self-made billionaire founder Jack Ma knows well.