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By Cathy Majtenyi Nairobi 26 January 2006 The anti-corruption group, Transparency International, has blasted the World Bank for loaning Kenya $25 million to fight corruption, following allegations imp
By Lisa Schlein Geneva 12 October 2007 A new report sponsored by the United Nations and the World Bank says progress has been slow at reducing the number of deaths worldwide from pregnancy and childbirth. The report says more than one-half million wo
World Bank Makes Predictions for Global Economy For VOA Learning English, this is the Economics Report in Special English. The World Bank released its Global Economic Prospects report this week. World Bank experts are using the words fragile and unce
By Jim Teeple Jerusalem 30 March 2008 U.S. Secretary of State Condoleezza Rice held talks Sunday with Israeli, Palestinian and Jordanian leaders during her second trip the Middle East in less than a month. VOA's Jim Teeple reports from Jerusalem that
By Mil Arcega Washington, DC 19 October 2006 watch ATM Theft Increasing Robberies involving A.T.M.s, or Automated Teller Cash Machines, are on the rise. In the Southwestern United States, law enforcement officials say there have been more than two d
By Daniel Schearf Singapore 21 September 2006 Finance ministers from mainly developing countries have expressed concern that the World Bank's anti-corruption campaign may divert resources from poverty relief and attach too many conditions to aid. At
By Barry Wood Washington 10 January 2008 The head of the U.S. central bank, Ben Bernanke, said Thursday that the Federal Reserve will cut interest rates if the economy weakens further. VOA's Barry Wood reports. Bernanke said the housing market is con
By Cathy Majtenyi Nairobi 23 March 2006 The governor of Kenya's Central Bank has been charged with four counts of abuse of office for allegedly awarding lucrative contracts in violation of procurement
By Lisa Bryant Paris 15 May 2008 French banking giant Credit Agricole says it will sell billions of dollars in assets to deal with subprime losses by its investment arm. From Paris, Lisa Bryant reports the new financial blow adds to the economic worr
Jewish settlements in the occupied West Bank - home to about 300,000 Israelis - are a crucial issue in the Israeli-Palestinian conflict and one that threatens to derail prospects for peace. U.S. President Barack Obama, in his speech to the Muslim wo
The World Bank says China's economy will grow faster than expected this year, but cautions it is too soon to say a sustained recovery is imminent. The World Bank raised its estimate of China's gross domestic product growth this year to 7.2 percent,
World Bank: Break Down African Trade Barriers The World Bank says regional trade barriers are blocking African countries from billions of dollars in potential earnings. It says its easier for those countries to trade with other parts of the world tha
IMF, World Bank to Discuss Poverty, Power, and Growth More than one billion people around the world live in extreme poverty, and World Bank President Jim Yong Kim is determined to change that. He is asking the banks member nations for more resources
World Bank: Dimmer 2015 for Developing Countries In recent years, the economic outlook for many developing countries appeared bright. But the World Bank has lowered its expectations for 2015, saying they now face a series of tough challenges. The Wor
Top U.S. financial officials say the markets could have been thrown into chaos if the government had not taken strong action to rescue a big investment bank that was falling into bankruptcy. But critics say the move put billions of dollars at risk, a
By Mil Arcega Washington, DC 05 June 2006 watch World Bank Store report Shopping inside the World Bank store, called Pangea The World Bank has taken a new approach to globalization. The organization b
The Asian Development Bank says Asia needs to balance its growth to prevent damage from future crises like the global economic slow-down. The bank has pledged to increase funds to strengthen growth. The Asian Development Bank is holding its annual m
India's finance minister is seeking to dispel rumors of an impending major bank failure, amid the global economic turmoil. After opening near a two-year low, India's major stock indexes recovered in Tuesday trading, in contrast to most bourses elsew
By David Gollust Washington 06 July 2007 Condoleezza Rice (file photo) The State Department says Secretary of State Condoleezza Rice will visit the Middle East and Africa in an overseas trip beginning July 16th. She will meet Israeli and Palestinian
By Paula Wolfson White House 05 August 2007 U.S. President George W. Bush and his Afghan counterpart, Hamid Karzai, are holding talks at Camp David - the secluded U.S. presidential retreat in the mountains outside Washington. VOA's Paula Wolfson rep