World Bank

Latest World Bank Items
  • SANDERS: Time to foreclose on the World Bank

    An adage holds that bureaucracies can pursue their original goals successfully only for a generation at most.

  • Illustration: New Old Europe by Greg Groesch for The Washington Times

    GHEI: The government drag on growth

    Europe's leaders on Tuesday decided to give another very expensive band-aid to Greece. The latest bailout will cost $170 billion and enable Greeks to borrow from one set of creditors to pay off another, while other private creditors agree to take a haircut.

  • The Washington Times

    KERRY: U.S. leadership at World Bank remains critical

    Robert Zoellick's announcement that he would not seek another term as president of the World Bank has begun anew an old debate: Should an American continue to lead this institution?

  • Robert Zoellick

    Zoellick steps down as World Bank leader

    World Bank President Robert Zoellick said Wednesday he is stepping down, raising the possibility that a non-American might be chosen for the first time to head the 187-nation lending organization.

  • Illustration: IMF bailout by Linas Garsys for The Washington Times

    EDITORIAL: The IMF money grab

    The World Bank is pessimistic about global economic prospects. Last week, the bank's forecasters projected lower growth in the year ahead for both developing and developed countries. The European economy, wracked by the continuing debt crisis, is expected to shrink 0.3 percent.

  • VERSACE: Expectations game plays out in quarterly reports

    Earlier this week I received an email from a Washington Times reader asking, "With a number of companies set to report their full year 2011 results in the next few weeks and Europe back in the news, what are you watching out for in the marketplace?"

  • World Bank Chief Economist Justin Yifu Lin, right, speaks as Hans Timmer, director of development prospects at the World Bank, look on during a press conference on Global Economic Prospects at the World Bank Office in Beijing, China Wednesday, Jan. 18, 2012. (AP Photo/Andy Wong)

    World Bank warns of global growth slowdown

    The World Bank warned Wednesday of a possible slump in global economic growth and urged developing countries to prepare for shocks that could be more severe than the 2008 crisis.

  • Illustration: Infrastructure by Alexander Hunter for The Washington Times

    CHIN: Obama's infrastructure bank won't create real jobs

    With U.S. unemployment persistently and unacceptably high, President Obama and others from all political persuasions have voiced support once again for establishment of a new government-created institution that would provide loans and guarantees to finance U.S. infrastructure. They note Asia's continued economic growth and cite the region's - and particularly China's - tremendous investments in showcase infrastructure projects as reason enough to support greater government financing of infrastructure and development - and the jobs that come with such spending.

  • Liberian president in tough battle for re-election

    Even as she basks in praise from abroad after sharing the Nobel Peace Prize, President Ellen Johnson-Sirleaf is facing an election at home that she may lose.

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