World Bank News
President Obama's Trip To Vietnam and Japan: Five Things To Watch
President Obama embarks on his tenth trip to Asia Saturday afternoon, a tour that will take him for the first time to two countries once considered bitter foes of the U.S. The president will spend three days in Vietnam , stopping in the city's capital of Hanoi and the bustling urban center of Ho
Brexit Vote Hardly a Harbinger of US Presidential Election
Before saying the United Kingdom's vote to leave the European Union is a harbinger of a Donald Trump victory in the U.S. presidential election, it's wise to consider the many differences between the two allied nations with historic ties like few others.
China-Led Development Bank Approves First Loans
A new Chinese-led development bank has approved its first loans and expects to suffer no impact from Britain's vote to leave the European Union, the bank's president said at its first annual meeting
Guinea-Bissau Envoy: The Country Is 'Practically Paralyzed'
Guinea-Bissau's UN ambassador says the West African nation is "practically paralyzed" as a result of another political and institutional crisis that has led to a cutoff in international financial aid and hurt the country's economy
AP PHOTOS: Editor Selections From Latin America, Caribbean
AP PHOTOS: A selection of our favorite images from Latin America and the Caribbean
Turkish President Warns Muslims Against Use of Birth Control
Turkish President Recep Tayyip Erdogan told Muslims to reject birth control and have more children in a speech broadcast live on TV today, according to the BBC. He placed responsibility on women, asking "well-educated future mothers" to ignore contraception in an effort to help grow the population.
Best-Paid Hedge Fund Managers Earn More Than Some Countries' GDP, Survey Shows
A survey of the best-paid hedge fund managers reveals that the top earner collected more than the individual gross domestic product of some countries. Kenneth Griffin, founder and CEO of Citadel, made $1.7 billion last year, according to the Institutional Investor's Alpha annual survey of the
‘Romeo and Juliet’ Reworked to Highlight Daily Struggle of Palestinians
Can love survive in a place devastated by hatred, conflicts and wars? That is a question that Palestinian director Ali Abu Yaseen wants to explore with his play “Romeo and Juliet in Gaza ,” which has opened to audiences in the Gaza Strip. The play is not set in Verona, Italy, like Shakespeare’s
Water Scarcity Can Lower GDP by 6 Percent in Some Regions, Report Warns
Lack of water is not only a health issue for many regions of the world, it can have a huge economic impact, even lowering GDP by as much as 6 percent, according to a report issued today by the World Bank . Factors like growing populations and climate change could reduce water availability in cities