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US and World Bank

Brazil Could Have an Impact by Supporting Sachs' Reform Candidacy for the World Bank Presidency

Mark Weisbrot | Posted 05.15.2012 | Politics
Mark Weisbrot

Poor countries such as Kenya and East Timor have risked punishment from Washington by nominating Sachs; Brazil is much less vulnerable and will have much more impact if it supports the first independent, qualified candidate for the job.

World Bank Leader: Peace Out

AP | HARRY DUNPHY | Posted 04.16.2012 | Business

WASHINGTON — World Bank President Robert Zoellick said Wednesday he is stepping down, raising the possibility that a non-American might be chose...

The World Bank Still Can't Quit Dirty Coal

Mary Anne Hitt | Posted 11.15.2011 | Green
Mary Anne Hitt

Coal plants don't come dirtier than the Soviet-era relics currently in operation in Kosovo. Despite the terrible pollution these plants spew, the World Bank has decided the only option for this young country is to lock in more of it.

Haiti's Political and Economic Earthquake "Made in the USA"

Eric Michael Johnson | Posted 05.25.2011 | World
Eric Michael Johnson

(updated below - Update II - Update III) This morning, as political and financial leaders from around the world convene at the World Economic Forum, ...

US No Longer Top Donor To World Bank

Reuters | Iain Rogers | Posted 05.25.2011 | Business

The United States lost its status as the largest donor to the World Bank's main fund for poor countries, the lender said on Friday, as Britain pledged...