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This is worrisome because Cuba was, until recently, one of the world's leading jailers of journalists. Those who try to work independently in Cuba are harassed, detained, threatened with prosecution or jail, or barred from traveling. Government...
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The World Bank has long been a favored retirement village for American warhawks. Considering the fact that World Bank is ostensibly about making loans to developing counties for capital improvements, it’s significant that three of the 11 World Bank...
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“It is up to India to be competitive enough to attract foreign direct investment. Currently India ranks 132 on the World Bank ease of doing business index.” India’s commitment to invest in infrastructure, including the port and shipping sector, is...
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On foreign borrowing, the FJP stated its respect for all international institutions but said it renewed "its rejection of the government's insistence on borrowing from the World Bank." The World Bank said on February 2 Egypt had asked for a $1 billion...
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The Freedom and Justice Party, the Brotherhood's political wing and the biggest group in the newly elected parliament, also stated its opposition to the government's request for a new World Bank loan. "Egypt is suffering from escalating economic and...
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The Muslim Brotherhood on Monday voiced its strongest criticism yet of Egypt's army-appointed government, saying it was failing to deal with crises in security and the economy, and reiterating a call for a new national unity cabinet. The Freedom and...
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Two men with ties to Strauss-Kahn have been put under preliminary investigation in France on charges including organizing a prostitution ring and misuse of corporate funds. The World Bank plans to select its next president by the time of its spring...
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"The only changes came in allowing investment in gambling, which took place a few years ago. Other than that, there's been no change in the FNL for a decade," he said. GRAFT, MINING TROUBLES A report from the World Bank's private sector arm, the...
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Subscribers to the service will be able to send money across borders on the company's network, bypassing telecommunications companies, the daily says. The service will be targeted at people sending remittances to African countries from abroad, which...
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"The only changes came in allowing investment in gambling, which took place a few years ago. Other than that, there's been no change in the FNL for a decade," he said. GRAFT, MINING TROUBLES A report from the World Bank's private sector arm, the...
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These successes are far from being universally shared, however. Though rates of poverty are declining, in 2005 the World Bank estimated that 42% of India's population still lived at under $1.25 a day (PPP), and nearly twice as many under $2. Thus,...
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The Bank notes that without the foundational skills, it is difficult for youth to break into the new job market. "Skills gap is a hurdle in job creation. This fact came out strongly in a report the World Bank commissioned in 2009-10 on growth and...
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History also helps to define the space in which those making public policy must operate. Some economists call it path dependence. In technical terms, ‘path dependence’ is something economists have begun to believe is an important determinant of the...
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Does it mean anything? World Bank CEO Zoellick resigns (business.time.com) Goldman Sachs CEO resigning (Rumor) (finance.fortune.cnn.com) Credit Suisse Chief Joseph Tan resigns (businessweek.com) GERMAN PRESIDENT Christian Ruff resigns (dailymail.co.uk)...
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But in a year where the French and the Germans approach the 50th anniversary of their Treaty of Friendship, the best evidence of the closeness in relations would be if Monsieur Hollande, if elected, rethought his policy path. Recently, even the World...
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This provided eloquent testimony to the contempt of the EU elite for democratic accountability and popular sovereignty. It also illustrates the weakness of the Jubilee Debt Campaign call for a "jubilee style" debt cancellation process on an EU-wide basis.
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By tacit agreement, the job has always gone to an American. But Ngozi Okonjo-Iweala, Nigeria's finance minister, told the BBC it is time to open it up to competition and that top jobs at international institutions should be filled on merit. Ever since...
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So even though everyone knows that Europe is doomed in its current configuration, let's all just pretend things shall be well, and keep the even more doomed banks alive for a few more quarters? Is the loss of a banker bonus truly such a great...
About World Bank
Wikipedia
The World Bank is a bank that provides financial and technical assistance to developing countries for development programs (e.g. bridges, roads, schools, etc.) with the stated goal of reducing poverty. Full Article
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WASHINGTON - FILE: World Bank President Robert Zoellick speaks on global economic crisis at the Johns Hopkins University Paul H. Nitze School of Advanced International Studies (SAIS) September 28, 2009 in Washington, DC. According to reports February 15, 2012, Zoellick will step down...
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Th President of the World Bank Robert Zoellick addresses a press conference with and German Development Minister Dirk Niebel (unseen) in Berlin on January 15, 2010.
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World Bank Group President Robert Zoellick listens as he sits at a table during an announcement that Liberia has reduced its foreign debt by buying back 1.2 billion USD in outstanding government debt at a discount of nearly 97 percent of face value during a press conference April 16,...
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Mexican President Felipe Calderon (R) shakes hands with World Bank Director Caroline Anstey during a G20 Sherpas' meeting at Los Pinos Presidential Palace in Mexico City , February 3, 2012.
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World Bank Director Caroline Anstey speaks next to Mexican President Felipe Calderon (not pictured) during a G20 Sherpas' meeting at Los Pinos Presidential Palace in Mexico City, February 3, 2012.
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Rachel Kyte, vice-president of the World Bank, addresses journalists during a press conference in the Kenyan capital Nairobi on February 3, 2012. The slow operations at Kenyan port of Mombasa, the main port on the African coast of the Indian Ocean, impede economic expansion throughout...
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World Bank Group President Robert Zoellick arrives for the opening of the 48th Conference on Security Policy in Munich February 3, 2012. World leaders including U.S. Secretary of State Hillary Clinton, U.S. Defense Secretary Leon Panetta, NATO Secretary General Anders Fogh Rasmussen and...
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MUNICH, GERMANY - FEBRUARY 03: Robert B. Zoellick (L), president of the World Bank Group and Michael Diekmann, CEO of the Allianz SE arrive for the first day of the 48th Munich Security Conference at Hotel Bayerischer Hof on February 3, 2012 in Munich, Germany. The 48th Munich...
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Israel's Foreign Minister Avigdor Lieberman (R) shakes hands with World Bank president Robert Zoellick before their meeting in Jerusalem February 1, 2012.
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Israel's Foreign Minister Avigdor Lieberman (R) stands beside World Bank president Robert Zoellick before their meeting in Jerusalem February 1, 2012.
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AP Photo
Robert Zoellick, president of the World Bank, attends a plenary session at The Twelfth Annual Herzliya Conference in Herzliya, near Tel Aviv, Israel, Tuesday, Jan. 31, 2012.
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HERZLIYA, ISRAEL - JANUARY 31: In this handout photo from the Israeli Government Press Office (GPO), Israeli President Shimon Peres (L) meets with President of the World Bank Robert Zoellick January 31, 2012 in Herzliya, Israel. Zoellick is visiting Israel and the Palestinian Authority...
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Ivory Coast President Alassane Dramane Ouattara (L) shakes hands with Agapito Dias (R), World Bank administrator for Ivory Coast, during a meeting on February 10, 2012, at the presidential palace in Abidjan. A World Bank Group delegation is on a four-day visit to Ivory Coast, and is...
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Ivorian President Alassame Dramane Ouattara (C) speaks with Jorg Frieden (L), the executive director for Switzerland at the World Bank Group, and Agapito Mendes Dias (R), the executive director for Ivory Coast, during a meeting on February 10, 2012 at the presidential palace in Abidjan.
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Ivorian President Alassame Dramane Ouattara (C in the background) meets members of the World Bank Group, during a meeting on February 10, 2012 at the presidential palace in Abidjan. The delegation is on a four-day visit to Ivory Coast, and is later expected in Ghana and Guinea.
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Ivorian President Alassame Dramane Ouattara (L) welcomes Merza Hasan (4th R), Executive Director at the World Bank for Kuwait and member of the delegation of World Bank administrators, during a meeting on February 10, 2012 at the presidential palace in Abidjan. Jorg Frieden is on a...
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Ivorian President Alassame Dramane Ouattara (C) welcomes Jorg Frieden (2nd R), the new executive director for Switzerland at the World Bank Group and speaker of the delegation of World Bank administrators, during a meeting on February 10, 2012 at the presidential palace in Abidjan. Jorg...
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World Bank Group president Robert B. Zoellick, looks on prior his speech about ' Global Economic Outlook 2012 ', on January 28, 2012, during the World Economic Forum (WEF) in the congress center of the Swiss resort of Davos. The global elite has talked itself into an upbeat frame of...
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World Bank President Robert Zoellick attends a session at the World Economic Forum (WEF) in Davos, January 28, 2012.
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AP Photo
Robert Zoellick, president of the World Bank Group attends a plenary session at the 42nd Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Saturday, Jan. 28, 2012.
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MUNICH, GERMANY - FEBRUARY 04: Josef Ackermann (L) of the Deutsche Bank and Robert B. Zoellick, president of the World Bank Group, participate in a panel talk during day 2 of the 48th Munich Security Conference at Hotel Bayerischer Hof on February 4, 2012 in Munich, Germany. The 48th...
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MUNICH, GERMANY - FEBRUARY 04: (L-R) Mario Monti, Italian President of the council of ministers, Josef Ackermann of the Deutsche Bank, Robert B. Zoellick, president of the World Bank Group, former German finance minister Peer Steinbrueck, and George Soros participates in a panel talk...
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(LtorR) Italian Prime Minister Mario Monti, Chairman of the Management Board of the Deutsche Bank AG Josef Ackermann, President of the World Bank Group Robert Zoellick, Peer Steinbrueck of the German Social Democratic Party SPD and George Soros, chairman of Soros Fund Management ...
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Chairman of the Management Board of the Deutsche Bank AG Josef Ackermann (L) and World Bank Group President Robert B. Zoellick exchange their headphones as they attend the 48th Munich Security Conference at the Bayerischer Hof hotel in Munich, southern Germany, on February 4, 2012. The...
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Wolfgang Ischinger (R), Chairman of Conference on Security Policy holds his speech, while German Defence Minister Thomas de Maiziere (C) and Robert Zoellick, World Bank President are seen on a screen during the opening of the 48th Conference on Security Policy in Munich February 3, 2012.
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WASHINGTON - FILE: World Bank President Robert Zoellick speaks on global economic crisis at the Johns Hopkins University Paul H. Nitze School of Advanced International Studies (SAIS) September 28, 2009 in Washington, DC. According to reports February 15, 2012, Zoellick will step down...
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