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catherineechl f09

World Bank, IMF call for support for Mideast Emerging Markets Report - MarketWatch - 0 views

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    The World Bank and IMF are calling for support for Middle Eastern nations, arguing that higher food and oil prices, and a jobless economic recovery, will harm nations in the region. The World Bank and IMF are saying that, in the long run, lack of involvement in the Middle East will cause a downturn in the economy - and an increase in poverty.
matteaechl f09

World Bank to approve US$200mn for Norte Grande water, sanitation project - 0 views

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    This article is about the World Bank approving a water quality and sanitation project in Argentina. The World Bank finances many development projects around the globe. This one will improve health, one source of development.
catherineechl f09

World's Poor 'One Shock' From Crisis as Food Prices Climb, Zoellick Says - Bloomberg - 0 views

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    As food prices rise in the world, more people become impoverished. Robert Zoellick, President of the World Bank, argues that inflation in food prices is the greatest threat to people living in poverty. Zoellick also criticizes export bans that lift costs for foreign consumers, as the bans put additional strain on local food prices in impoverished nations.
karenechl f09

Wolfowitz Resigns, Ending Long Fight at World Bank - 0 views

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    Paul D. Wolfowitz, ends a furor over favoritism that blew up into a global fight over American leadership, announced his resignation as president of the World Bank Thursday evening after the bank's board accepted his claim that his mistakes at the bank were made in good faith.
karenechl f09

BBC NEWS | Business | Darling says party over for banks - 2 views

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    This article from BBC NEWS - WORLD ECONMY to alert bankers that they must realise that world has changed. Alistair Darling said that the party has got to be over for bankers; he wants to use some regulations to force banks to limit the proportion of their profits that they can give out in bonuses and make sure there are no rewards for failure. Mr. darling wants the bankers to behave sensibly at some situations. Mr. Darling's idea is to also have blacklist of countries that are regulatory havens where the rules and regulations companies have to follow are less onerous. In conclusion we could say that this article relates to scarcity because bankers wants to get more and more profits without thinking sensibly, that is why Mr. Darling needs to limit them.
saraechl f09

Japan rebuild could take five years, World Bank says - 0 views

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    Japan may need up to five years to rebuild from the disastrous earthquake and tsunami that has caused up to $235bn (£145bn) of damage, the World Bank said in a report.
matteaechl f09

World Bank Approves U.S.$5 Billion for Gombe - 0 views

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    This article is about a loan approved for a development project in Nigeria. Nigeria, as a poor country, has to borrow money for projects such as this.
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