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Argentina wants its oil back
18/04/2012 - THE WEEK IN THE AMERICAS

Argentina wants its oil back

There's fury in Spain as Argentina's president, Cristina Fernandez Kirchner, seeks to rewrite the rules of fair trade. Next, an embarrassing sex scandal for America's secret service - it emerges some agents may have been distracted from the job at hand. Finally, we meet the growing number of Greeks forced to turn their backs on a country wracked by poverty in search of a better life in the Big Apple.
Jim Yong Kim secures top World Bank job
17/04/2012 - WORLD BANK

Jim Yong Kim secures top World Bank job

The World Bank chose Korean-born American physician Jim Yong Kim (pictured centre) as its next chief on Monday, in a decision that surprised few despite the first-ever challenge to the US lock on the Bank's top spot.
Colombia's Ocampo withdraws from World Bank contest
14/04/2012 - World Bank

Colombia's Ocampo withdraws from World Bank contest

Colombia's Jose Antonio Ocampo withdrew from the World Bank presidential race on Friday to back Nigerian Finance Minister Ngozi Okonjo-Iweala, the sole candidate from a developing nation bidding to wrest control of the global institution from the US.
Obama picks surprise candidate to head World Bank
24/03/2012 - World Bank

Obama picks surprise candidate to head World Bank

US President Barack Obama has named Jim Yong Kim, a former director of the Department of HIV/AIDS at the World Health Organization, as his candidate to head the World Bank. The US has held the presidency ever since the bank’s inception in 1944.
World Bank halts aid amid condemnation of Mali coup
23/03/2012 - MALI

World Bank halts aid amid condemnation of Mali coup

The World Bank and the African Development Bank said Thursday they were suspending aid to Mali after a military coup this week ousted President Amadou Toumani Toure. The UN Security Council, the African Union and ECOWAS have condemned the coup.
World Bank nearly quadruples aid to Horn of Africa
25/09/2011 - HORN OF AFRICA

World Bank nearly quadruples aid to Horn of Africa

The World Bank announced on Saturday that it will nearly quadruple its aid for the 13 million people at risk in the drought-struck Horn of Africa to $1.9 billion, but highlighted that another $1 billion is needed from the international community.
James Wolfensohn, Former President of the World Bank
16/09/2011 - THE BUSINESS INTERVIEW

James Wolfensohn, Former President of the World Bank

Tom Burges Watson talks to James Wolfensohn, a one-time olympic fencer, an acomplished cellist and former Australian Air Force officer, who also was for a decade, the President of the World Bank.
World Bank recognises National Transitional Council
13/09/2011 - LIBYA

World Bank recognises National Transitional Council

The World Bank on Tuesday recognised Libya’s National Transitional Council as its legitimate government. The organisation also said it had been asked to help rebuild the country’s infrastructure.
Norbert Gaillard, Economist at the World Bank
01/09/2011 - THE INTERVIEW

Norbert Gaillard, Economist at the World Bank

Norbert Gaillard is a consultant at the World Bank, specialising in economic policy and debt. He's written a book on sovereign credit ratings, which will soon be published in English. Douglas Herbert asks him if the credit ratings agencies have become too powerful for their own good, or if are we simply blaming the messenger for other peoples' failings.
World Bank, IMF loans not needed, Egypt says
25/06/2011 - EGYPT

World Bank, IMF loans not needed, Egypt says

Egypt has decided it will not need a loan from the IMF or World Bank after revising its budget and slashing its deficit forecast, Finance Minister Samir Radwan said Saturday, although a $3 billion IMF standby loan was agreed earlier in June.
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