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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 Zulima Palacio Washington 16 May 2008 With the HIV/AIDS epidemic now 25-years-old, the World Bank has launched a new strategy to combat the disease where it is the most prevalent -- Africa. Nearly two million have died on the continent and HIV has
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 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
Central bank chairman Ben Bernanke said Thursday that the U.S. home mortgage market is still not functioning properly and more needs to be done to promote a recovery. Ben Bernanke (file photo) Bernanke spoke at housing conference held at the Federal
Spain Denies Seeking Bank Bailout Across Spain, banks gave billions of dollars to property developers trying to cash in. They are left with huge debts. The government is already nationalizing the ailing lender, Bankia, at an estimated cost of more th
World Bank Urges Greater HIV Prevention Efforts The World Bank says significantly better HIV prevention efforts are needed in Africa. It says a slow global economy and uncertain donor aid make preventing new infections a necessity. A new World Bank r
The World Bank is predicting growth rates in Africa in 2009 could fall to half what they have been in the past few years. World Bank Vice President for Africa Obi Ezekwesili, attending the African Union summit in the Ethiopian capital, Addis Ababa,
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
By Joe Bavier Abidjan 08 January 2006 Chadian workers guide a pipe down a well in the Doba oil fields in southern Chad where a $3.7 billion project was officially inaugurated (File photo - Oct. 10, 20
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
By Carolyn Weaver Washington, DC 04 August 2006 watch World Bank Aid Malaria and HIV/AIDS still afflict Africans disproportionately When he became World Bank president 14 months ago, Paul Wolfowitz said it was clear that Africa had to be at the top
Luiz: Where are you going? Iona: Im going to the bank to open an account. Luiz: What kind of account: a savings account , a checking account , or a CD ? Iona: Um, Im not sure, but Im sure someone at the bank can help me decide. Luiz: Youll also need
The game was originally designed for university students in Africa. But in the first few days, 8,000 players from around the world -- most from the United States --signed on. The World Bank Institute, the learning arm of the World Bank, has launched
The head of the U.S. central bank says the outlook for America's economic performance has worsened, and that the Federal Reserve may have to reevaluate current interest rates. VOA's Michael Bowman reports from Washington, Fed Chairman Ben Bernanke s
By VOA News 04 March 2008 The head of the U.S. central bank says the current housing crisis in the United States demands a vigorous response. In a speech to a banking group in Florida, Federal Reserve Chairman Ben Bernanke said foreclosures and late
【俚语】 Break the bank 太贵,花钱太多 【例句】 It only costs $2. That's not going to break the bank. 只花了两美元,不算太贵。 Rob a bank 抢银行 【例句】 He was put into jail because he robbed a bank last month. 他因
Central bank governor Zhou Xiaochuan says the growth targets China has set for the next five years can be realized without major economic stimulus. I personally think China will stick to the prudent monetary policy on condition that there is no globa