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Last updated on April 17, 2014 at 1:21 EDT

Latest World Bank Stories

2014-04-11 12:09:08

With over one billion people in the world living on less than $1.25 per day, the World Bank aims to end ‘extreme poverty’ by 2030. But new research suggests that global poverty figures could be underestimated by up to a third, and calls for more robust measurement in the future. The World Bank figures are widely used by the international community and play a significant role in international strategies to reduce poverty. Critics argue that its estimates are flawed because the ‘dollar...

2014-03-26 23:04:08

The Digital Asset Transfer Authority (DATA), a newly formed self-regulatory organization, has announced its first Annual Meeting will take place 10-11 April 2014 in Washington D.C. An official side event to the World Bank IMF Spring 2014 Meetings, the DATA Annual Conference will offer education sessions, a gala dinner, and a meeting for voting members. Washington, DC (PRWEB) March 26, 2014 The Digital Asset Transfer Authority (DATA) has announced its first Annual Meeting will take place...

2014-02-05 23:25:53

The key investors in the Middle East and North Africa will discuss the criteria for securing project finance with the Shams 1 100MW plant and the Noor 1 160MW plant as case studies this May at the MENASOL conference (6-7 May, Dubai). London, UK (PRWEB) February 05, 2014 Understanding the details of how to secure project finance in the MENA markets will be crucial for developers in the emerging markets in MENA. In Saudi Arabia, Morocco and the United Arab Emirates, where the most potential...

2014-01-30 16:22:52

WASHINGTON, Jan. 30, 2014 /PRNewswire/ -- OTEC International LLC (OTI) principals recently presented to The World Bank Energy Sector Management Assistance Program (ESMAP) on the fundamentals of ocean thermal energy conversion (OTEC) technology, along with OTI's commercial projects on the horizon. A comprehensive discussion about this important baseload renewable energy technology and its optimal markets was led by Eileen O'Rourke, OTI's Chief Operating Officer, and Barry Cole, OTI's...

2014-01-28 08:33:36

Equity Investment Affirms Leading Online Fashion Retailer's Commitment to Sustainable and Long-Term Growth in Brazil and Region SAO PAULO, Jan. 28, 2014 /PRNewswire/ -- The Dafiti Group, Latin America's leading fashion e-commerce, today announced an equity investment of EUR15 million from The International Finance Corporation (IFC), a member of the World Bank Group and the largest global private sector development institution. In three years, the Dafiti Group was able to attract...

2013-12-11 20:20:33

PORT-AU-PRINCE, Haiti, Dec. 11, 2013 /PRNewswire-USNewswire/ -- The Venezuelan government has rejected comments made last week by Mary Barton-Dock, the World Bank's envoy to Haiti who suggested that the Caribbean country's handling of PetroCaribe funds lacked transparency. The Venezuelan Ambassador to Haiti, Pedro Antonio Canino Gonzales, called Barton-Dock's comment disrespectful and denounced the Bank's interference in the bilateral affairs and the cooperation relationship between...

2013-12-02 21:18:42

In Africa, small women-owned business owners find it easier to obtain loans than their male counterparts. The reason for this distortion is that politicians and foreign aid organizations with their focus on bank loans for women encourage African banks to base their credit availability on gender. Contrary to intentions, there is thus a risk of inhibiting growth in the private sector, conclude researchers from the University of Copenhagen in the new study. The share of women-owned companies...

2013-11-28 00:20:14

TSX-V: ORC.A, ORC.B TORTOLA, British Virgin Islands, Nov. 27, 2013 /CNW/ - Orca Exploration Group Inc. ("Orca" or "the Company") announces its results for the third quarter ended 30(th) September 2013. Highlights -- US$16.4 million was received from TANESCO during Q3 and a subsequent payment of US$7.2 million. -- At 30 September 2013, TANESCO owed the Company US$53.0 million including arrears of US$44.5 million (30 June 2013:...

2013-11-26 23:03:48

Reportbuyer.com just published a new market research report: The Medical Device Market: Brazil. London (PRWEB) November 26, 2013 OVERVIEW OF THE MEDICAL MARKET IN BRAZIL Brazil has the largest economy and medical device market in Latin America, but per capita medical expenditure is still very low. The highest expenditure is in the large cities, such as São Paulo or Rio de Janeiro, but producers are moving into regional markets outside the major state capitals. The medical device...

2013-11-07 12:24:30

International team will undertake research to develop tools that identify and nurture positive links between local businesses, local economies, and coastal natural capital. ITHACA, N.Y., Nov. 7, 2013 /PRNewswire-USNewswire/ -- Mark Milstein, clinical professor of management and director of the Center for Sustainable Global Enterprise at the Samuel Curtis Johnson Graduate School of Management at Cornell University, will lead a team of international researchers to improve the...