The World Bank says it has postponed a consultation with civil society groups in Berlin on its proposed social and environmental guidelines for lending after the NGOs boycotted the event and threatened to launch protests instead.
Conservative Christian groups may have rocked the vote in Tuesday's U.S. election, which saw right wing president George W Bush renew his tenure for another four years, according to several experts and analysts here.
The U.S. economy grew by only 3.7 percent in the last quarter - below expectations of a 4.2 percent rate -the government said Friday, news that fuelled rhetoric in the very tight U.S. presidential election.
At a time when rich nations, especially the United States, are trying to break their dependence on Middle East oil, a global agency is predicting that fuel imports from the area will keep rising unless buying countries adopt "radical" technological changes.
At a time when rich nations, especially the United States, are trying to break their dependence on Middle East oil, a global agency is predicting that fuel imports from the area will keep rising unless buying countries adopt "radical" technological changes.
The U.S. branch of a global church that threatened to stop investing in companies whose actions support the Israeli military's occupation of Palestinian land says it will go ahead with the plan despite an outcry from Israel, some Jewish groups and members of the U.S. Congress.
The United States said Monday it is appealing a World Trade Organisation (WTO) ruling that declared the bulk of U.S. government subsidies to its cotton industry illegal.
The United States said Monday it is appealing a World Trade Organisation (WTO) ruling that declared the bulk of U.S. government subsidies to its cotton industry illegal.
The United States said Monday it is appealing a World Trade Organisation (WTO) ruling that declared the bulk of U.S. government subsidies to its cotton industry illegal.
The two main U.S. presidential candidates may differ on many issues but appear to agree on at least one thing - cutting U.S. dependence on Arab oil, although some analysts say it will not be as easy it sounds.
The two major U.S. presidential candidates may differ on many issues but appear to agree on at least one thing - cutting U.S. dependence on Arab oil, although some analysts say it will not be as easy it sounds.
The two major U.S. presidential candidates may differ on many issues but appear to agree on at least one thing - cutting U.S. dependence on Arab oil, although some analysts say it will not be as easy it sounds.
Major U.S. corporations are joining forces to lobby for a U.S.-Middle East Free Trade Agreement (MEFTA) that President George W Bush proposed in 2003.
The World Bank and the International Monetary Fund (IMF) wrapped up weekend meetings here with no major results for developing nations, but the gathering might have moved the issue of poor nations' debt onto rich nations' permanent agenda.
Finance ministers from the world's richest nations have delayed a plan to write off 100 percent of debts owed by the planet's poorest countries, quashing hopes those nations could start spending more on services like health and education and work toward ending their extreme poverty.
Finance ministers from the world's richest nations have delayed a plan to write off 100 percent of debts owed by the planet's poorest countries, quashing hopes those nations could start spending more on services like health and education and work toward ending their extreme poverty.
Poor countries might need increased grants and an end to lending conditions imposed by public lenders like the World Bank and IMF if a proposal to cancel their debts is to really work towards ending poverty, say analysts.
Poor countries might need increased grants and an end to lending conditions imposed by public lenders like the World Bank and IMF if a proposal to cancel their debts is to really work towards ending poverty, say analysts.
The International Monetary Fund (IMF), one of the most powerful architects of the world economy and controlled by the planet's wealthiest nations, marked its return to U.S.-occupied Iraq with a new loan worth 436 million dollars.
Global anti-debt activists are rallying around a call issued by Britain that urges the International Monetary Fund (IMF) to cancel debts owed by the world's poorest nations and finance the forgiveness through sales of its own gold.
Global anti-debt activists are rallying around a call issued by Britain on Sunday that urges the International Monetary Fund (IMF) to cancel debts owed by the world's poorest nations and finance the forgiveness through sales of its own gold.