World Bank wins $11 bln in pledges to boost lending for climate, global crises

The World Bank on Friday said that 11 countries have pledged to contribute over $11 billion to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity ... Read More

World Bank received USD 11 billion fund for new financial instruments

World Bank has received endorsements of USD 11 billion for the new financial instruments aimed at boosting lending capacity and addressing shared global challenges. Read More

Paul the Octopus predicts World Cup outcomes

Here, you’ll find award-winning journalism not driven by commercial influences – a news organization that takes seriously its mission to uplift the world by seeking solutions and finding ... Read More

Germany's military warned it has 'too little of everything' in face of World War 3 threat

Germany's military as been warned it is not ready for war, as it doesn't have enough equipment, despite growing World War 3 fears grow. The warning comes today, more than two years after a pledge ... Read More

Germany Breaks the Carbon Bank - What Does It Mean for the World?

The Federal Republic of Germany has already consumed more CO2 than would be allocated to it if the world still wants to achieve the so-called 1.5 degrees celcius (2.7 degrees Fahrenheit ... Read More

World News

Images of a saturated desert metropolis startled the world, prompting talk of cloud seeding, climate change and designing cities for intensified weather. The ruling African National Congress party ... Read More

Waking up the World Bank

WORDS only matter when they are spoken at the right time. And for too many years now, the World Bank has been saying the right thing but at the wrong time. It is hard to get this thought out of ... Read More

Deutsche Bank said to have culled dozens of private banking roles in Asia

Deutsche Bank (NYSE:DB) has cut as many as 60 private banking roles in Singapore and Hong Kong over the past year, according to a Friday media report, as the German lender focused on lucrative markets ... Read More

World Bank

the global institution predicts Development Minister Andrew Mitchell says the UK is a "very dominant force" in aid for the poor. The World Bank says many years of financial support are needed as ... Read More

Future World

We offer longer-term balanced perspectives on the technologies that are building a better world for tomorrow ... Activities with respect to US securities are conducted through UBS Securities LLC, a US ... Read More

UBS Banker’s Frustration Exposes Cracks in World of Climate Finance

It was early February and the UBS Group AG banker had WebEx ... the European Central Bank and public officials from around the world was billed as a “check-in” for regulators to ask key ... Read More

World News

By Liam Stack Modi’s Power Keeps Growing, and India Looks Sure to Give Him More Few doubt the popular prime minister will win a third term ... to vote as the world’s most populous country ... Read More