world bank
Latest posts related with world bank
View From The Treetops (02 Nov 2007)
The Bank of the South: An Alternative to IMF and World Bank Dominance by Stephen Lendman In July, 2004, the IMF and World Bank commemorated the 60th anniversary of their founding at Bretton Woods, NH to provide a financial framework of assistance for the postwar world after the expected defeat of Germany and Japan. With breathtaking hypocrisy, an October, 2004 Development Committee Communiqué stated: "As we celebrate the 60th anniversary of the Bretton Woods Institutions....we recommit ourselves to [...]
Mind the technology gap, World Bank warns
Daniela Hirschfeld 18 January 2008 Source: SciDev.Net Technology in developing countries has expanded at double the rate in the West since the 1990s — but still hasn’t bridged the gap between them. This was the conclusion of a World Bank report on technology transfer in the developing world, released last week (9 January). The authors say rapid technological advancement in [...] [...]
Scrapbook without Breaking the Bank!
Christina at Northern Cheapskate has got some resources and advice to share with you in her post "Scrapbooking without breaking the bank ". She writes about entering the digital scrapbooking world after her twins were born and learning that it is truly a more frugal form of scrapbooking. I have to admit that I have not broken into the digital scrapbooking world myself, but after reading Christina's post I think I need to try it before investing in any more scrapbooking supplies! One point that she [...]
CIBC Ousts Two Executives Amid Write-Downs
The Canadian Imperial Bank of Commerce, the country’s worst-performing bank stock last year, ousted its top investment banker and chief risk officer after announcing debt writedowns of as much as $3 billion, more than any other Canadian lender, Bloomberg News reported. Brian Shaw, the chief executive of CIBC World Markets, will be succeeded by the TSX [...] [...]
The Philosophy of Money (humor)
The Philosophy of Money * "Money is not the most important thing in the world. Love is. Fortunately, I love money." (Jackie Mason) * "In God we trust. All others must pay cash." (American Saying) * "Money is better than poverty, if only for financial reasons." (Woody Allen) * "Sex is like money; only too much is enough." (John Updike) * "If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem" (JP Getty) * "It doesn't matter if you're black or white... the [...]
Malawi and a Green Revolution in Africa?
Here are some of the articles that I have been collecting on Malawi and the debatable topic of a possible green revolution in Africa. With rising global food prices, food production is becoming a very big global issue as the world tries to find a solution to this crisis. How the rich world can help Africa help itself (Financial Times) Africa green revolution possible - Prof. Jeffrey Sachs (PSD Blog - World Bank group) Lessons from Malawi Food Policy (Cambridge Forecast Group blog) Dealing with Global Food [...]
For Bank Bosses, a Week on the Hotseat
Saturday probably can’t come soon enough for the captains of the banking world. Many of them have been facing mobs of angry investors in that annual ritual called the shareholder meeting. Some of the most raucous meetings took place this week. In past years, when profits were flowing at banks and brokerages, these get-togethers were generally [...]
Purpose of Inflation
Why there is inflation in this country? Is this good or bad? Generally this is good thing. As the economic of the world growing, the price of all goods in the market increase. Therefore, we need inflation in our own country to cope with the increasing price of the goods in the world market. Every year, Bank Negara aim for inflation of 5%. They control the inflation by changing the interest rate. Our country is doing great every year as the inflation rate always stay around 5%. CPI (Consumer Price Index) is [...]
R.I.P. Yves Saint laurent
Legendary designer Yves Saint Laurent died Sunday evening. He was 71. A towering figure of 20th century fashion, Saint Laurent was widely considered the last of a generation that included Christian Dior and Coco Chanel and made Paris the fashion capital of the world, with the Rive Gauche, or Left Bank, as its elegant headquarters. When the designer announced his retirement in 2002 at age 65 and the closure of the Paris-based haute couture house he had founded 40 years earlier, it was mourned in the fashion [...]
Greenhill to Start Fund Placement Group
As the vestiges of the last private equity boom appear to be wrapped up, Greenhill & Company seems to be betting on a resurgence of the buyout industry. The boutique investment bank said Tuesday that it plans to form a fund placement advisory group, which will help private equity raise capital from investors around the world. [...]