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The World Bank is beginning to commit billions of dollars to flood prevention, water management and other projects to help major Asian cities avoid the expected impact of climate change, a dramatic example of how short the horizon has become … Continue reading
WASHINGTON (Reuters) – The World Bank cut its outlook for global growth, saying the economy should expand more slowly this year than last as it cited a deeper-than-expected recession in Europe and a recent slowdown in some emerging markets.
“Doing Business” is under the gun, and what happens to it will be an important test of the World Bank and its president, Jim Yong Kim. Doing Business is an annual study that the World Bank has conducted since 2004. … Continue reading
Jason Trigg went into finance because he is after money — as much as he can earn. The 25-year-old certainly had other career options. An MIT computer science graduate, he could be writing software for the next tech giant. Or … Continue reading
Jason Trigg went into finance because he is after money — as much as he can earn. The 25-year-old certainly had other career options. An MIT computer science graduate, he could be writing software for the next tech giant. Or … Continue reading
REYHANLI, Turkey (Reuters) – Turkey accused a group with links to Syrian intelligence of carrying out car bombings that killed 46 people in a Turkish border town, and said on Sunday it was time for the world to act against … Continue reading
Here’s a fascinating map looking at how oil travels by sea around the globe — as well as some of the key “choke points” where that oil supply is most vulnerable to attack: That map comes from this recent reporting … Continue reading
Leading global financial officials on Saturday pledged faster action to boost growth and job creation in the developed world, amid deepening concern that advanced nations have become too reliant on cheap money and loose central bank policies to sustain their … Continue reading
Topic A, the core agenda for world leaders, has become clear: how to fill the economic middle with jobs that can put Europe back to work, get incomes climbing in the United States and absorb a bulge of young people … Continue reading