Sunday 13 July 2014

Europe doing too little: World Bank chief

European leaders dealing with the sovereign debt crisis have done too little, too late, outgoing World Bank chief Robert Zoellick said, warning that Europe risks losing influence. In interviews with European publications this weekend, he a


World Bank chief Zoellick to step down

World Bank President Robert Zoellick said on Wednesday he will step down in June and Washington pledged to name a replacement candidate within weeks for a job that has always gone to an American. The Obama administration said it would ope


World Bank chief seeks new role in Mideast

The World Bank is rethinking its role in the Middle East and North Africa to tackle economic and social problems that sparked political unrest, the bank's president Robert Zoellick said. The poverty-fighting institution needs to find s


World Bank urges action to save wild tigers

World Bank president Robert Zoellick has called for joint action among countries and organisations to save the dwindling numbers of wild tigers from extinction. There are barely 3,500 tigers left in the wild. Their declining numbers are bl


World Bank crisis lending hits record $100bn

The World Bank has committed a record $100 billion in financial support over the past 18 months to help developing countries recover from the global economic crisis, the poverty-fighting institution said. The World Bank stepped up lending

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