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World Bank warns of more turbulence from Fed tightening

The World Bank warned that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies.

World Bank warns of more turbulence from Fed tightening
World Bank to provide up to $2 bn in aid to Ukraine

The World Bank said it is prepared to provide up to $2 billion in financial assistance to conflict-torn Ukraine this year.

World Bank to provide up to $2 bn in aid to Ukraine
World Bank trims estimate of Ebola economic cost

The World Bank trimmed its estimates of the economic damage of the Ebola epidemic.

World Bank trims estimate of Ebola economic cost
Global warming could undermine poverty fight: World Bank

Climate change could undermine efforts to defeat extreme poverty around the globe, the World Bank warned Sunday.

Global warming could undermine poverty fight: World Bank
Photo © tengrinews.kz
World Bank discusses cooperation with Nazarbayev

President of Kazakhstan Nursultan Nazarbayev has met with the the managing director at the World Bank Sri Mulyani Indrawati to discuss cooperation between Kazakhstan and the World Bank.

World Bank discusses cooperation with Nazarbayev
BRICS create development bank, 'mini-IMF'

The BRICS group of emerging powers created a Shanghai-based development bank and a reserve fund seen as alternatives to Western-led institutions.

BRICS create development bank, 'mini-IMF'
Photo© Dena Sholk
Academic take on baraholka issue in Almaty: American's first-hand experience

Dena Sholk, a graduate student in the School of Foreign Service from Georgetown University came to Almaty to research the role of baraholkas (markets) in Kazakhstan’s economy as a part of her dissertation fieldwork.

Academic take on baraholka issue in Almaty: American's first-hand experience
Fed taper poses risks to global pick-up: World Bank

The World Bank on Tuesday raised its growth forecasts for the global economy, but warned of potential volatility in capital flows as the United States withdraws its stimulus.

Fed taper poses risks to global pick-up: World Bank
The laboratory of new materials and technologies. Photo courtesy of pm.kz
Kazakhstan offers $500 thousand for new technologies

Scientists can get up to $500 thousand in grants for commercialization of new technologists in Kazakhstan.

Kazakhstan offers $500 thousand for new technologies
World Bank President Dr. Jim Yong Kim. ©Reuters/Gary Cameron
Cheap money party over, analysts warn as fears rise of asset bubbles

Cash is so cheap these days that investors have been borrowing and ploughing them in assets from artwork to wine to bitcoins, betting that prices would rise.

Cheap money party over, analysts warn as fears rise of asset bubbles
Kuwait's Foreign Minister Sheikh Sabah Khaled Al-Sabah. ©Reuters/Stephanie McGehee
Arab, Africa leaders to review economic ties at summit

Arab and African leaders are to start a two-day summit in Kuwait on Tuesday to review steps to promote economic ties between wealthy Gulf states and investment-thirsty Africa.

Arab, Africa leaders to review economic ties at summit
Ban pleads for women's rights to curb Sahel fertility

UN Secretary General Ban Ki-moon pleaded Wednesday in Niger, the country with the world's highest fertility rate, for better reproductive health to curb the Sahel region's runaway demographic growth.

Ban pleads for women's rights to curb Sahel fertility
E. Africa pirates took up to $413 mn since 2005: study

Horn of Africa pirates have raked in up to $413 million in ransom since 2005, with most of it used to finance "global scale" criminal operations.

E. Africa pirates took up to $413 mn since 2005: study
World Bank: Singapore, Hong Kong best for business

Singapore and Hong Kong rank the world's best places to run a business, while mainland China remains far down the list.

World Bank: Singapore, Hong Kong best for business
Kazakhstan 3 notches up in the WB’s Doing Business 2014

Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies.

Kazakhstan 3 notches up in the WB’s Doing Business 2014
World Bank to cut costs, bureaucracy: Kim

World Bank President Jim Yong Kim on Friday announced a program to slash costs and reduce bureaucracy at the huge development organization that is expected to result in significant layoffs.

World Bank to cut costs, bureaucracy: Kim
Malala calls on world to make education top priority

Malala Yousafzai, the Pakistani schoolgirl activist who has become a world champion of girls' rights, called Friday for the World Bank to make education its top priority.

Malala calls on world to make education top priority
Palestinian GDP can expand by a third if Israel lifts limits: World Bank

The Palestinian economy could expand by over a third if Israel were to lift its restrictions on about 60 percent of the West Bank that it controls.

Palestinian GDP can expand by a third if Israel lifts limits: World Bank
World Bank removes Iran from list of non-payers

The World Bank removed Iran from its list of deadbeat borrowers Friday, saying the Islamic Republic had paid outstanding loan amounts.

World Bank removes Iran from list of non-payers
Photo courtesy of degreesearch.org
World Bank invests in online education

Online education service Coursera announced a fresh round of funding from the investment arm of the World Bank and other backers.

World Bank invests in online education