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VIDEO: World Bank predicts 'difficult' 2013

2013-01-16 12:27:51| BBC News | Business | UK Edition

The World Bank is predicating a "difficult" year ahead for the developed economies, despite an improvement in the financial markets.

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World Bank cuts growth forecast

2013-01-16 00:55:22| BBC News | Business | UK Edition

The World Bank cuts its 2013 global growth outlook, saying that the recovery in developed countries is slower-than-expected.

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World Bank to strengthen focus on climate change

2013-01-10 21:32:00| Climate Ark Climate Change & Global Warming Newsfeed

The Hill: The World Banks chief told Bloomberg in an interview published Thursday that he hopes to elevate the international development institutions climate change role. World Bank President Jim Yong Kim, who took office in July, said the lenders November climate change report already has had an effect on its 188 member countries. "The response was quite surprising," Kim told Bloomberg. "It was as if weve heard this all from the environmental groups, but my goodness, if the World Bank tells us this...

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World Bank Focuses on Climate Change in Hunt For Fresh Strategy

2013-01-10 14:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The World Bank can make a difference in areas such as climate change, education and health, President Jim Yong Kim said, as he crafts a strategy for the poverty- fighting lender. Having spent his first six months in the job listening to the staff and board of directors, Kim said he is taking steps to make the bank less bureaucratic. Asked by the organizations 188-member countries to be more selective on the projects it undertakes, Kim now has to prioritize its efforts and make tough choices,...

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