News from Around the Web

Reuters, Sep 18 2013:

Financially-stricken Cyprus is on track with reforms to shore up its economy, the IMF said on Wednesday, but said downside risks lurked from the yet-unclear impact of a banking sector overhaul....

Bloomberg, Sep 17 2013:

Countries should observe “speed limits” and avoid narrowing fiscal deficits too quickly, even when they face pressure from investors justifying a large debt reduction, according to International...

Bloomberg, Sep 17 2013:

Countries should observe “speed limits” and avoid narrowing fiscal deficits too quickly, even when they face pressure from investors justifying a large debt reduction, according to International...

Reuters, Sep 16 2013:

The World Bank, faced with a tight budget and greater competition for development funds, aims to become more selective in its lending, focusing on fragile states, sub-Saharan Africa, South Asia...

The World Bank, Sep 15 2013:

Thank you very much for joining us today.

First I’d like to thank the Chinese people for the warm welcome I’ve received on my arrival.

I know from my last visit to China that we...

The World Bank, Sep 11 2013:

The World Bank Group and the Swiss Agency for Development and Cooperation (SDC) today signaled progress in their collaboration on the Global Knowledge Partnership on Migration and Development (...

Bloomberg, Sep 11 2013:

Political risk insurance provided by a World Bank Group agency in developing nations rose for a third straight year to a record, led by guarantees on power projects from Angola to Bangladesh....

Reuters, Sep 10 2013:

International Monetary Fund chief Christine Lagarde urged euro zone governments on Tuesday to make quick progress on their proposed banking union, to put the bloc's crisis definitively behind it...

CNBC, Sep 6 2013:

The director-general of the World Trade Organization (WTO) has told CNBC it will downgrade global trade growth estimates for both 2013 and 2014, despite hopes that the world economy is recovering...

IMF Survey Magazine, Sep 4 2013:

The IMF's Executive Board has approved today a $6.6 billion loan for Pakistan to support its program to stabilize the economy and boost growth while expanding its social safety net to protect the...

Reuters, Sep 4 2013:

Advanced economies led by the United States will increasingly drive global growth while emerging countries are at risk of slowing due to tighter U.S. monetary policy, the International Monetary...

Bloomberg Businessweek, Sep 3 2013:

Hamburg is emerging as the biggest European beneficiary of Russia’s entry into the World Trade Organization, which is spurring feeder services from Germany’s largest port and cementing its status...

Thomson Reuters Foundation, Sep 2 2013:

LONDON (Thomson Reuters Foundation) - Norway has agreed to give $4.9 million to the African Development Bank (AfDB) to help African governments negotiate "fair and balanced" deals with oil, gas...

The Diplomat, Aug 28 2013:

Asia’s emerging economies risk being caught in the “middle income trap” if they pursue services at the expense of manufacturing, the Asian Development Bank (ADB) has warned. The latest report from...

African Development Bank Group, Aug 28 2013:

The African Development Bank (AfDB) and the Government of Djibouti on Monday, August 26, signed the funding agreements, totalling US $7.5 million, for a geothermal exploration project in the...

The Economic Times, Aug 26 2013:

NEW DELHI: In its first ever loan to private agribusiness in India, Asian Development Bank (ADB) will provide $18.4 million to Champion Agro to set up cold storage facilities for fruits and...

Wall Street Journal, Aug 1 2013:

BEIJING—The World Bank is putting together sweeping proposals for China to privatize a major bank and allow farmers to sell their land, changes that could upend decades-old Communist Party...

CNBC, Aug 1 2013:

The International Monetary Fund (IMF) has warned of a return of overexuberance in Dubai's real estate market, recommending measures to prevent a replay of the spectacular bust in 2008.

"The...

Reuters, Jul 31 2013:

The International Monetary Fund said Cyprus's economic adjustment program was on track, but that vigilance was needed because of deep uncertainties ahead.

"This review found the program to...

The Wall Street Journal, Jul 30 2013:

The World Bank Group committed a record $14.7 billion during the fiscal year ending June 2013 to support economic growth in Africa, targeting mainly the private sector and conflict-prone regions...