World Bank

Latest from Honduras

Fri, 03 Jul 2009 21:52:31 GMT

Since the blog has become All Honduras, All The Time, I figured it was time for another update.

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Sat, 04 Jul 2009 12:24:29 GMT

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Business Update: Rogue oil trader

Fri, 03 Jul 2009 22:31:27 GMT

A spike in world oil prices is being blamed on the actions of a rogue trader, Magna edges forward to Opel deal, Siemens gets World Bank bribery ban.

Concert series ends: Your Stories Q&A

Fri, 03 Jul 2009 22:41:24 GMT

In this Your Stories Q&A, the concert series that went away. What in the world happened to "World in the Square?" Not all, but some good things, must come to an end, and for "World in the Square," it has ended -- for lack of funding.

US economy still mired in recession

Fri, 03 Jul 2009 22:46:00 GMT

WASHINGTON: Halfway through 2009, the US economy is still struggling in recession amid fragile hopes for recovery by the end of the year.

Cutting Off a Continent?

Fri, 03 Jul 2009 22:46:54 GMT

As the sun sets over the tiny village of Djeguenina in southeastern Mali, two women stand while pounding corn to cook for dinner near a smoldering fire outside the mud dwellings.

Zimbabwe to review all mining contracts

Fri, 03 Jul 2009 22:47:10 GMT

HARARE: Zimbabwe will re-evaluate all mining contracts and introduce a 'use it or lose it' policy for its mining industry under a proposed law, Finance Minister Tendai Biti said yesterday.

Europe and Russia's Continental Rift

Fri, 03 Jul 2009 22:47:20 GMT

Russia's economy - until recently one of the fastest growing in Europe - is in dire straits.

'Look Across Africa and See the Major Changes that are Happening'

Fri, 03 Jul 2009 22:47:31 GMT

When Ellen Johnson Sirleaf became Africa's first elected woman President in 2006, she inherited a country shattered by nearly two decades of civil war.

Interim Honduras leader hints open to early vote

Fri, 03 Jul 2009 23:03:13 GMT

Honduras' interim leader said he was open to early elections if it resolves an impasse with the world community, as a top diplomat headed to the Central American nation to demand he restore the president ousted by a coup.

'Green' author Kevin Danaher to speak at SOU

Fri, 03 Jul 2009 21:30:53 GMT

A nationally known author and sustainability activist will speak about building local sustainable economies in Ashland next week.

Top diplomat visits Honduras to deliver ultimatum

Fri, 03 Jul 2009 23:04:00 GMT

The Americas' top international diplomat flew to Honduras on Friday to give the coup-backed government a firm ultimatum: Restore the president within 24 hours or face crippling sanctions.

Honduras Rejects Appeal To Restore Zelaya 1hr

Fri, 03 Jul 2009 23:04:30 GMT

Honduras' Supreme Court rebuffed a personal appeal from the Americas' top international diplomat Friday, refusing to restore ousted President Manuel Zelaya before a Saturday deadline.

More banks fail as FDIC seeks stronger rules for bank buyers - Newsday

Thu, 02 Jul 2009 21:28:00 GMT

WASHINGTON (AP) ? Two Illinois banks were shuttered Thursday as government regulators proposed new rules for private equity firms seeking to take over failed banks. Regulators shut down John Warner Bank of Clinton, Ill., and First State Bank of ...

Global economy precarious: World Bank - West Online

Thu, 02 Jul 2009 21:56:00 GMT

The world economy is still in a precarious position despite signs of recovery, World Bank President Robert Zoellick said. Unemployment is still rising and trade restrictions are a constant threat, Zoellick said in Chile, where he and other Latin ...

Bank of America Corporation - Birmingham Business Journal

Thu, 02 Jul 2009 21:56:00 GMT

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk ...

Bank of America to Pay $713 Million in TARP Preferred Dividends - PR Newswire

Thu, 02 Jul 2009 21:56:00 GMT

CHARLOTTE, N.C., July 2 /PRNewswire/ -- Bank of America Corporation today said the Board of Directors has authorized approximately $713 million in dividend payments to the U.S. government under the Troubled Asset Relief Program (TARP). (Logo: http ...

Zimbabwe economy shows early signs of recovery-IMF - Reuters AlertNet

Thu, 02 Jul 2009 22:25:00 GMT

IMF says signs of an early recovery in Zimbabwe * No IMF aid until Zimbabwe clears arrears * IMF urges changes in transparency of central bank (Adds details on arrears, statement by IMF official) By Lesley Wroughton WASHINGTON, July 2 (Reuters ...

World Bank directs 6.6 billion dollars to South Asia; 400 million ... - New Kerala

Fri, 03 Jul 2009 06:03:00 GMT

Washington, July 3 : The World Bank Group committed US$6.6 billion in fiscal year ended June 30 to South Asia, where India is the largest borrower, much of it focused on helping the countries there cope with the impact of the global economic crisis ...

Americas economic leaders eye post-crisis world - Reuters

Fri, 03 Jul 2009 15:29:00 GMT

VINA DEL MAR, Chile, July 3 (Reuters) - Finance ministers from the Americas and multilateral lenders on Friday sought to shore up responses to the global economic crisis on Friday and plan beyond a potential recovery for a post-crisis world. Though ...

Stocks in Europe, Asia Decline as MSCI Index Has Worst Slump Since March

Fri, 03 Jul 2009 21:25:15 GMT

Stocks fell in Europe and Asia, extending the MSCI World Indexa s longest weekly losing streak since March, as reports on retail sales and the service industry added to concern the first global recession since World War II will persist.

World crisis puts Canadian bank mergers out of mind - Reuters Canada

Fri, 03 Jul 2009 15:50:00 GMT

TORONTO (Reuters) - The global financial crisis may have taken mergers among Canadian banks off the table once and for all as the breakdown of major financial institutions around the world has shown that bigger is not necessarily better. Canadian ...

Palestinian factions arrest rivals to strengthen their grip on the ... - News1130.com

Fri, 03 Jul 2009 20:08:00 GMT

RAMALLAH, West Bank - Palestinian President Mahmoud Abbas' security forces have significantly widened a crackdown on Hamas in the West Bank in the past month, doubling the number of detainees and increasingly targeting wives of activists, school ...

Siemens to pay $100m to fight corruption - Nation

Fri, 03 Jul 2009 20:36:00 GMT

WASHINGTON - The World Bank on Thursday announced a comprehensive settlement with German industrial giant Siemens in the wake of the company?s acknowledged past misconduct in its global business and a World Bank investigation into corruption in a ...

WB directs $6.6b to SAsia; $1,609 million to Pakistan - Nation

Fri, 03 Jul 2009 20:36:00 GMT

WASHINGTON - The World Bank Group committed US$6.6 billion in fiscal year ended June 30 to South Asia, much of it focused on helping the countries there cope with the impact of the global economic crisis.The Bank gave Pakistan $1,609 million to ...

Pakistan gets WB funds for two projects - Daily Times

Fri, 03 Jul 2009 21:34:00 GMT

ISLAMABAD: The government signed two agreements with the World Bank amounting to $134.68 million for financing two projects on Friday. Under the agreements, the World Bank would provide $74.68 million for the ?Third Partnership for Polio ...

WB committed $1.7bn in FY09 for Pakistan - Daily Times

Fri, 03 Jul 2009 21:34:00 GMT

ISLAMABAD: The World Bank committed $1.7 billion in fiscal year 2009 (FY09) to help Pakistan cope amid the global economic crisis, the institution?s highest ever year-on-year support to the country. This represents an increase of $1,064 billion ...

World Bank sees signs of LatAm bounceback - Financial Times

Fri, 03 Jul 2009 21:34:00 GMT

Latin America is showing early signs of emerging from the global economic crisis, although any recovery is likely to be ?slow? and ?unsynchronised?, according to the World Bank. ?The worst case scenarios for the region are dissipating ...

World Bank Allocates $12.5Bn Financing To Spur LatAm Trade - Wall Street Journal

Fri, 03 Jul 2009 21:41:00 GMT

VINA DEL MAR, CHILE (Dow Jones)--The World Bank, through its private sector arm the International Finance Corporation, will provide around $12.5 billion in financing to help spur trade in Latin America in the next two years, World Bank President ...

Honduran coup leaders soften stance

Fri, 03 Jul 2009 21:16:19 GMT

Since Zelaya's ouster on Sunday, the country has been rocked by growing demonstrations, a freezing of international aid and recalls of foreign ambassadors.