Business Standard logo Business Standard 1 month ago

World Bank launches catastrophe bonds for emerging countries

The bonds will help economies get cheaper insurance against natural disasters. Full Article at Business Standard

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  1. Nasser Saidi

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    The Dubai International Financial Centre (DIFC) and the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, have signed a MoU to promote foreign direct investment (FDI) into Middle East and North Africa. Full Article at TradeArabia

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Related Quotes

  1. You cannot have the U.S. having a veto, having a say over leadership, having the institutions right next door to the U.S. government in Washington, D.C., and having all the staff mainly U.S. educated - you just can't have that and then try and persuade China that it's not an American institution
    SOURCE: Globe and Mail 2 months ago
  2. Canada is an advocate of multilateralism not because we are Boy Scouts, but because it serves our national interests
    SOURCE: Globe and Mail 2 months ago
  3. I don't expect the U.S. to interfere with the important functions of the IMF
    Jim Flaherty – Jim Flaherty SOURCE: Globe and Mail 2 months ago
  4. Despite the financial crisis, there have been a couple of successful bond issues, in the UAE for example this year, indicating a continuing appetite. More issues are in the pipeline. The DIFC and MIGA are working closely to nurture, assist and support the industry to expand and gain depth
    SOURCE: Gulfnews 2 months ago
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  1. Ngozi Okonjo-Iweala, managing director of the World Bank and former Nigerian finance minister, gestures during a session at the 15th edition of the Nigerian economic summit in Abuja December 15, 2009.
  2. DELHI, INDIA - DECEMBER 14: A man washes himself on the banks of the Yamuna river on December 14, 2009 in Delhi, India. In a city of approximately 16 million, over a quarter of New Delhi residents have no access to piped water.
  3. TOKYO - DECEMBER 07: (L-R) The World Bank President Robert Zoellick shakes hands with Japanese Prime Minister Yukio Hatoyama at Hatoyama's official residence on December 7, 2009 in Tokyo, Japan.
  4. MILAN, ITALY - DECEMBER 02: World Bank Vice President for Latin America and the Caribbean Pamela Cox attends the IV National Conference On Italy - Latin America And The Caraibean on December 2, 2009 in Milan, Italy.
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  6. JOHANNESBURG, SOUTH AFRICA - DECEMBER 12: Miss Gibraltar Kaiane Aldorino is crowned Miss World 2009 with runner up Miss Mexico Perla Beltran Acosta (L) and 3rd place finisher Miss South Africa Tatum Keshwar (R) at Gallagher Convention Centre on December 12, 2009 in Johannesburg, South Africa.

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