WASHINGTON -- The World Bank has caved in to pressure from one of the biggest anti-World Bank campaigns by non-governmental organisations forcing China to use its own funds to resettle farmers on Tibetan territory.
A "healthy" number of companies have admitted paying bribes under a new World Bank disclosure program, which encourages firms that have worked on bank-funded projects to report corruption or fraud.
Congressman Bernard Sanders (I-VT), the Ranking Member of the International Monetary Policy and Trade Subcommittee, today called for an immediate Congressional investigation of the recent $30 billion International Monetary Fund (IMF) bailout of Brazil.
The World Bank on Saturday said it had canceled a conference on how to fight poverty due to take place in Spain next month because of concerns anti-globalization groups would try to disrupt the event.
The ''report of the international financial institution advisory commission'' sounds so innocuous. It is not. In the current US debate, it will be explosive. The question is whether it will end with pure destruction or efficient replacements for the International Monetary Fund, World Bank and regional development banks of today.
Anti-privatisation protestors are expected to descend on the streets of Johannesburg this month as they demand a reversal of the sale of their municipal water supply to French multinational Suez Lyonnaise des Eaux.
Bush, the Republican candidate for the Nov. 7 US presidential elections, is more leery of the current role of the International Monetary Fund (IMF) and the World Bank, analysts say.
British by birth, Ms. Brown is married to an Italian and works at a hair salon that will not open for business on Friday when President Bush and seven other government leaders arrive. Neither will almost all of the other shops and restaurants inside the so-called red zone, a secure six- square-mile area where leaders will meet from Friday though Sunday. Some anti-globalization groups have pledged to penetrate the zone.
WASHINGTON, DC -- The World Bank has invested over $20 billion in more than 200 projects that extract, transport, or burn fossil fuels since 1992, according to a first-of-its-kind global database launched today by the Institute for Policy Studies.