WASHINGTON – World Bank chief economist Paul Romer resigned Wednesday amid a scandal that erupted when he raised questions about how the institution was ranking countries – especially Chile – in a key report. The […]
SANTIAGO – This week, the Government of Chile and the World Bank Group announced the formal opening of the World Bank Group’s Office in Santiago, capping 72 years of partnership. The office was inaugurated Wednesday […]
LA PAZ – President Evo Morales has highlighted the total Bolivian independence from the International Monetary Fund (IMF) and the World Bank (WB), which have carried out “devastating economic policies for many years” in this […]
NEW YORK – Dar es Salaam, a city of five million, is one of the fastest growing cities in the world, a major economic hub in East Africa and a major port city on the […]
SANTIAGO – Xpress Money, one of the world’s most dependable money transfer organizations, is rapidly expanding its network in Brazil, Chile and Guatemala by virtue of strategic partnerships that are underway. This development is in […]
WASHINGTON – In terms of economic growth rates, no country in Latin America is growing slower than Brazil in 2017, 2018 and 2019, according to a World Bank assessment. In real GDP terms, Mexico (EWW) […]
LIMA – Peru has secured US$3 billion worth of World Bank Group (WBG) contingent credit lines to reconstruct infrastructure damaged and destroyed by recent “Coastal El Niño” floods. From said sum, US$500 million are available […]
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