World Bank News
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Workers Pulled at Japan Nuclear Plant as Smoke Rises
FUKUSHIMA, Japan -- Gray smoke rose from two reactor units Monday, temporarily stalling critical work to reconnect power lines and restore cooling systems to stabilize Japan's radiation-leaking nuclear complex. Workers are racing to bring the nuclear plant under control, but the process is proceeding in fits and starts,...
Opinion: Empowering Women -- A Path to Prosperity
In many ways 2010 was the year of women in American politics: Female candidates were among the most visible in the midterm congressional elections, and more women became governors than ever before. In our country, women have a prominent voice in the debates that matter: political, economic and social. But in much of the...
UN Warns Ivory Coast Standoff Could Ignite Civil War
A dangerous political standoff between two presidential candidates is pushing the Ivory Coast to the brink of a new civil war, the United Nations warned today. France asked its estimated 15,000 citizens to leave the former French colony, and the World Bank froze funding amid the worsening conflict between presidential...
How China Is Moving to Slow Economic Growth
(Oct. 19) -- At a time when their American counterparts are scrambling to salvage a fading economic recovery, Chinese officials today raised interest rates in a bid to rein in a runaway real estate market and potentially disruptive inflation. The People's Bank of China increased its benchmark, one-year lending rate by a...
Reducing Maternal Deaths Is Top Goal of UN Summit
NEW YORK (Sept. 20) -- Ticktock, ticktock ... an inexorable beat began at 9 this morning in the heart of Times Square, a grim reminder of the hundreds of thousands of women who die each year from complications of childbirth. The digital billboard clock, set up by Amnesty International, will tick for three days while...
Background on World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programs.
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