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Tag Archives: World

Obama, world leaders attend Shimon Peres funeral

President Obama was the final speaker at the funeral of former Israeli President and Prime Minister Shimon Peres on Friday. Obama said Peres ranked among the giants of the 20th century. (Sept. 30) AP The coffin of former Israeli President Shimon Peres is carried by members of the parliamentary guards ...

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World Bank Group’s IFC invests in Vietnam’s TPBank

IFC, a member of the World Bank Group, has announced a quasi equity investment in Tien Phong Commercial Joint Stock Bank (TPBank) which aims to expand its loan services to Vietnamese businesses. This quasi equity investment of up to VND403.1 billion (about US$ 18.35 million) in dividend preference shares once ...

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World Bank President Jim Yong Kim Is Nominated for a Second Term

By JACKIE CALMES August 25, 2016 WASHINGTON — President Obama on Thursday nominated Jim Yong Kim for a second five-year term as president of the World Bank despite persistent complaints among employees about his leadership at a time when the mission of the global development institution is in question. The bank’s board ...

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World Bank cuts Vietnam growth forecast to 6 percent

The World Bank has lowered its forecast for Vietnam’s economic growth in 2016 to 6 percent, down from its previous projection of 6.2 percent in April. In a statement released on Tuesday, Achim Fock, the World Bank’s acting country director in Vietnam, said despite softer growth this year, the country’s ...

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How Britain’s Breakup With the E.U. Could Reshape World Markets

By PETER S. GOODMAN June 24, 2016 LONDON — First came the shock. Then fear seized world markets. As frenzied selling accelerated in Tokyo, Hong Kong and London, unfathomable amounts of wealth vanished in a matter of hours. In crudest outlines, the panic that followed Britain’s vote to quit the European Union traced ...

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