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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
By Mil Arcega Washington 18 April 2007 Embattled World Bank President Paul Wolfowitz is fighting to keep his job after disclosing his involvement in obtaining a substantial pay raise for a female friend. The controversy has provoked demands for Wolfo
By Daniel Schearf Beijing 10 June 2008 Chinese stocks have dropped nearly eight percent after China's central bank announced it would raise the amount of cash banks must keep on hand to a record high. China has been struggling to rein in excess cash
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
The major high income and developing countries that set policy for the 185 member-nation World Bank agreed in Washington on Sunday that the bank should boost its lending to help poor countries adversely affected by the global economic slowdown. From
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
Greek Cabinet Sworn in Amid Bank Run Fears Greece's new caretaker cabinet took office Thursday. Senior judge Panagiotis Pikrammenos, shown here in the center, will head an emergency government of professors, technocrats and politicians through a turb
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
World Bank: Much at Stake at Climate Conference The World Bank says tough decisions lie ahead at the upcoming U.N. Climate Change Conference in Durban, South Africa. A top bank official says nations need to decide on a long-term strategy. Andrew Stee
STEVE INSKEEP, HOST: Somewhere near its heart, the Middle East conflict is a fight over history. Each side has a story to tell about who was first on the land, and each competing view of history becomes part of the argument over who should rule it no
Popular chat app teaches users to spot fake 100 yuan bank notes On Wednesday the China Banknote Printing and Minting Corporation and tech giant Tencent launched a new feature in Tencents popular instant messaging app QQ that can help people in China
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,
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
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