World Bank Group President Jim Yong Kim
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World Bank Group President Jim Yong Kim Resigns
World Bank Group President Jim Yong Kims surprise resignation comes amid differences with the Trump administration over climate change and the need for more development resources. Just last month, the World Bank announced it would double its investments to fight climate change to around $200 billion over the next five years.
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Indus Treaty Processes 'Paused', World Bank Asks India, Pak For 'Alternate Approach'
In a significant development, the World Bank has paused the separate processes initiated by India and Pakistan under the Indus Waters Treaty to allow the two countries to consider alternative ways to resolve their disagreements.
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World Bank Reappoints Jim Yong Kim To Five-Year Term As President
The World Bank on Tuesday reappointed Jim Yong Kim to a five-year term as president of the multilateral development lender after the nomination period closed without any challengers coming forward.
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World Bank Chief Meets PM Modi, Discusses Nutrition, Renewable Energy
World Bank Group President Jim Yong Kim called on Prime Minister Narendra Modi today as part of the Bank's efforts to explore ways to support government initiatives on nutrition and renewable energy.
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Loan Demand Rising As Developing Countries Face Headwinds: World Bank
The World Bank said on Monday it expects its nonmarket rate lending to top $43 billion in the current fiscal year as developing countries face economic headwinds, bringing its total for the past four years to more than $150 billion.
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World Bank Warns Climate Change Could Add 100 Million Poor By 2030
Without the right policies to keep the poor safe from extreme weather and rising seas, climate change could drive over 100 million more people into poverty by 2030, the World Bank said on Sunday.
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PM Modi Talks Security Council Reforms, to Meet G4 Leaders: 10 Developments
Prime Minister Narendra Modi will hold a special summit with German Chancellor Angela Merkel, Japanese PM Shinzo Abe and Brazilian President Dilma Rousseff on Saturday. The four leaders form what is known as the G-4 group - countries which back each other's bid for permanent seats at the UN Security Council, a powerful world body.
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World Bank Welcomes China's New Bank in Poverty Fight
China's new development bank can have an important role in fighting extreme poverty if it establishes high standards for its projects, World Bank President Jim Yong Kim said today.
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US Proposes Cooperation Between New China-led Bank and Western Institutions: Reports
US President Barack Obama's administration is proposing that a new Chinese-led development bank over which Washington has voiced concerns work collaboratively with Western development groups like the World Bank, The Wall Street Journal reported on Sunday.
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Ebola Countries to Get $450 Million in Financing
A new private sector initiative announced Wednesday will provide at least $450 million in commercial financing to the three West African countries hardest hit by Ebola to promote trade, investment and employment.
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World Bank Chief Welcomes New BRICS Development Bank
The World Bank welcomed a $100-billion development bank founded by the BRICS nations and is ready to provide it with technical assistance, its president said on Wednesday after a meeting with Prime Minister Narendra Modi.
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World Bank Chief to Meet Arun Jaitley on Tuesday: Report
World Bank Group President Jim Yong Kim will meet Finance Minister Arun Jaitley on Tuesday and Prime Minister Narendra Modi on Wednesday to review key development priorities, according to a source.
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World Bank President Jim Yong Kim Visits Tamil Nadu
World Bank Group President Jim Yong Kim arrived today on his first visit to Tamil Nadu and hailed the state's strides in the automobile industry. On a three-day visit to India, Kim arrived from Delhi this afternoon.
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Ending poverty in UP a must for World Bank mission: Jim Yong Kim
World Bank Group President Jim Yong Kim today said the mission of the multilateral institution was to end poverty, and there is no way in achieving this objective for the country without ending it in Uttar Pradesh.
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No region immune to Europe crisis: World Bank chief
World Bank President has warned that most regions of the world will be hurt by the EU debt crisis.
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World Bank Group President Jim Yong Kim Resigns
World Bank Group President Jim Yong Kims surprise resignation comes amid differences with the Trump administration over climate change and the need for more development resources. Just last month, the World Bank announced it would double its investments to fight climate change to around $200 billion over the next five years.
-
Indus Treaty Processes 'Paused', World Bank Asks India, Pak For 'Alternate Approach'
In a significant development, the World Bank has paused the separate processes initiated by India and Pakistan under the Indus Waters Treaty to allow the two countries to consider alternative ways to resolve their disagreements.
-
World Bank Reappoints Jim Yong Kim To Five-Year Term As President
The World Bank on Tuesday reappointed Jim Yong Kim to a five-year term as president of the multilateral development lender after the nomination period closed without any challengers coming forward.
-
World Bank Chief Meets PM Modi, Discusses Nutrition, Renewable Energy
World Bank Group President Jim Yong Kim called on Prime Minister Narendra Modi today as part of the Bank's efforts to explore ways to support government initiatives on nutrition and renewable energy.
-
Loan Demand Rising As Developing Countries Face Headwinds: World Bank
The World Bank said on Monday it expects its nonmarket rate lending to top $43 billion in the current fiscal year as developing countries face economic headwinds, bringing its total for the past four years to more than $150 billion.
-
World Bank Warns Climate Change Could Add 100 Million Poor By 2030
Without the right policies to keep the poor safe from extreme weather and rising seas, climate change could drive over 100 million more people into poverty by 2030, the World Bank said on Sunday.
-
PM Modi Talks Security Council Reforms, to Meet G4 Leaders: 10 Developments
Prime Minister Narendra Modi will hold a special summit with German Chancellor Angela Merkel, Japanese PM Shinzo Abe and Brazilian President Dilma Rousseff on Saturday. The four leaders form what is known as the G-4 group - countries which back each other's bid for permanent seats at the UN Security Council, a powerful world body.
-
World Bank Welcomes China's New Bank in Poverty Fight
China's new development bank can have an important role in fighting extreme poverty if it establishes high standards for its projects, World Bank President Jim Yong Kim said today.
-
US Proposes Cooperation Between New China-led Bank and Western Institutions: Reports
US President Barack Obama's administration is proposing that a new Chinese-led development bank over which Washington has voiced concerns work collaboratively with Western development groups like the World Bank, The Wall Street Journal reported on Sunday.
-
Ebola Countries to Get $450 Million in Financing
A new private sector initiative announced Wednesday will provide at least $450 million in commercial financing to the three West African countries hardest hit by Ebola to promote trade, investment and employment.
-
World Bank Chief Welcomes New BRICS Development Bank
The World Bank welcomed a $100-billion development bank founded by the BRICS nations and is ready to provide it with technical assistance, its president said on Wednesday after a meeting with Prime Minister Narendra Modi.
-
World Bank Chief to Meet Arun Jaitley on Tuesday: Report
World Bank Group President Jim Yong Kim will meet Finance Minister Arun Jaitley on Tuesday and Prime Minister Narendra Modi on Wednesday to review key development priorities, according to a source.
-
World Bank President Jim Yong Kim Visits Tamil Nadu
World Bank Group President Jim Yong Kim arrived today on his first visit to Tamil Nadu and hailed the state's strides in the automobile industry. On a three-day visit to India, Kim arrived from Delhi this afternoon.
-
Ending poverty in UP a must for World Bank mission: Jim Yong Kim
World Bank Group President Jim Yong Kim today said the mission of the multilateral institution was to end poverty, and there is no way in achieving this objective for the country without ending it in Uttar Pradesh.
-
No region immune to Europe crisis: World Bank chief
World Bank President has warned that most regions of the world will be hurt by the EU debt crisis.
