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World Bank's forestry investments failing to meet conservation, rights, and anti-poverty goals

2013-01-30 07:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: The World Bank's investments in forestry over the past decade have failed to meet key objectives of reducing poverty, preserving forests, slowing climate change, or benefitting local communities, according to a report developed by its internal auditing body. The report, which was seen by The Guardian ahead of its public release, is highly critical of the bank's investments in 345 forestry projects between July 2001 and July 2011. The Independent Evaluation Group (IEG), comprised of bank staff...

Tags: rights world meet goals

 

Alcatel Lucent closes 2bn borrowing deal with banks

2013-01-30 01:00:00| Total Telecom industry news

Increased loan at lower rate should give vendor better cushion to avoid liquidity crunch.

Tags: deal banks closes alcatel

 
 

Moody's downgrades long-term ratings of six Canadian banks

2013-01-28 22:24:34| Grocery - Topix.net

Most of Canada's biggest banks have been downgraded by Moody's Investor Services, one of the world's major credit rating agencies.

Tags: ratings canadian banks downgrades

 

JOBS Act rule having immediate impact on small banks

2013-01-28 14:45:46| Food - Topix.net

Many are interested in last year's Jumpstart Our Business Startups Act and how it may make it easier for small businesses to raise capital.

Tags: small jobs act impact

 

Banks face 'decisive' two years

2013-01-26 16:56:34| BBC News | Business | UK Edition

The incoming governor of the Bank of England says the next two years will be "decisive" for bank reform and warns central banks alone cannot eliminate economic risks.

Tags: years face banks decisive

 

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