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China's worried elites

PARIS, Aug. 26 (UPI) -- Not since Mikhail Gorbachev began speaking of 'Glasnost' and 'Perestroika' has there been such a ferment among policy intellectuals.
MARTIN WALKER, UPI Editor Emeritus
President picks Jim Kim for World Bank job

President picks Jim Kim for World Bank job

WASHINGTON, March 23 (UPI) -- President Barack Obama Friday nominated Dartmouth College President Jim Yong Kim, to lead the World Bank.
China urged to de-emphasize state-owned businesses as it matures

China urged to de-emphasize state-owned businesses as it matures

The U.S. economy may need some fine-tuning, but China's is still in its formative years -- at least that's the wish of many Westerners.
ANTHONY HALL, United Press International
Brazil against U.S. taking World Bank job

Brazil against U.S. taking World Bank job

BRASILIA, Brazil, Feb. 16 (UPI) -- Brazil sent the strongest signals yet it wants the World Bank's top job going to the citizen of a country other than the United States.
World Bank president to step down

World Bank president to step down

WASHINGTON, Feb. 15 (UPI) -- Robert Zoellick said in Washington he will resign as World Bank president in June, noting the international lending institution is strong and healthy.

Conflict strains aid for South Sudan

JUBA, South Sudan, Dec. 15 (UPI) -- Refugees are streaming across the border into South Sudan to escape violence in Sudan's state of Blue Nile, aid agencies say.

U.S. continues push for global development funding

WASHINGTON, Oct. 4 (UPI) -- Increased capital funding to multilateral development banks will promote economic prosperity and national security, witnesses told a U.S. House of Representatives committee Tuesday.
ANJELICA TAN, MEDILL NEWS SERVICE, Written for UPI
Banks step in

Banks step in

Five central banks said they would coordinate their efforts to keep banks in Europe afloat, offering an unlimited supply of hard-to-borrow U.S. dollars.
ANTHONY HALL, United Press International

UPI NewsTrack Business

U.S. markets edge higher ... Experts: Yuan appreciation to be gradual ... U.K. trade gap with EU widens ... Tax hikes likely for Japan reconstruction ... News from United Press International.

Zoellick: Challenges face Chinese economy

BEIJING, Sept. 5 (UPI) -- China's economy will face structural challenges as the global economy enters "a danger zone" this fall, visiting World Bank President Robert Zoellick warned.
Zoellick warns of 'danger zone'

Zoellick warns of 'danger zone'

SYDNEY, Aug. 15 (UPI) -- The world economy is entering "a new danger zone," World Bank President Robert Zoellick said in Sydney when discussing the state of the financial markets.
PM to push U.S.-Aussie defense support

PM to push U.S.-Aussie defense support

WASHINGTON, March 7 (UPI) -- Australian Prime Minister Julia Gillard and U.S. President Barack Obama had no big news to announce after their meeting in the White House Monday.

World Bank: Food prices at critical levels

WASHINGTON, Feb. 16 (UPI) -- World Bank President Robert Zoellick said food prices are reaching unprecedented levels around the globe and contributing to unrest in the Middle East.

Island nations get help with green energy

CANCUN, Mexico, Dec. 9 (UPI) -- Island nations vulnerable to the affects of global climate change will benefit from a renewable energy pledge led by Denmark, the World Bank said.
Zoellick: G20 should consider gold tie in

Zoellick: G20 should consider gold tie in

WASHINGTON, Nov. 8 (UPI) -- The president of the World Bank in Washington said currency exchange rates should return to a system that ties currency values to gold.
World Bank revalues natural assets

World Bank revalues natural assets

NAGOYA, Japan, Oct. 28 (UPI) -- World resources should no longer be linked simply to the amount of profit generated from their exploitation, the World Bank president said in Japan.
World Bank investing in biodiversity

World Bank investing in biodiversity

NAGOYA, Japan, Oct. 27 (UPI) -- Conservation of environments needs to occur in conjunction with international development, the director of the World Bank said in Japan.
Currency, China, food

Currency, China, food

When the president of the World Bank talks about economic fundamentals, he very quickly turns his attention to commodities, food and hunger.
ANTHONY HALL, United Press International

China wants more say in World Bank

BEIJING, Sept. 15 (UPI) -- China says it is urging the World Bank to create new rules and standards allowing developing nations more standing and voice.
World Bank power shifts with capital plan

World Bank power shifts with capital plan

WASHINGTON, April 26 (UPI) -- Members of the World Bank in Washington agreed to raise its operating capital by $5.1 billion and increase voting power among developing nations.

World Bank: U.S. economic power may fade

WASHINGTON, Sept. 28 (UPI) -- The U.S. dollar could lose its position as "the world's predominant reserve currency," the president of the World Bank said Monday.
Wen: No change in China economic policy

Wen: No change in China economic policy

BEIJING, Sept. 1 (UPI) -- Chinese Premier Wen Jiabao says his government has no plans to change its policy of stimulating the economy through fiscal and monetary measures.
World Bank to grant Poland $3.7B credit

World Bank to grant Poland $3.7B credit

WARSAW, Poland, May 19 (UPI) -- Poland will be borrowing $3.73 billion from World Bank to assist the country's social services, labor market and public finances, government officials said.

World Bank pleads for 'vulnerability fund'

WASHINGTON, March 9 (UPI) -- The ripple effects of a burst U.S. housing bubble will traverse the globe in 2009, economists at the World Bank said.

Group of 20 said to rely on China and U.S.

WASHINGTON, March 6 (UPI) -- World Bank Group leaders said the United States and China should balance out their economic dysfunctions, which are paradoxically dissimilar.
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