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Related News Items

World Bank encouraged on Myanmar

Tue, 21 Feb 2012 16:16:11 -0800
The World Bank said Tuesday that it was encouraged by Myanmar's new openness and wanted to support economic reforms but cautioned that the long-isolated state had to pay back arrears.
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World Bank bars Alstom units for 'improper payment'

Wed, 22 Feb 2012 07:01:34 -0800
WASHINGTON (Reuters) - The World Bank on Wednesday barred two subsidiaries of French engineering company Alstom from participating in projects financed by the global development bank for the next three years for "improper payment" in a Zambian hydropower project. A settlement between the World Bank and Alstom, which the Bank said had acknowledged the "misconduct," includes a restitution payment ...
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World must help stop Syrian 'massacre': McCain

Wed, 22 Feb 2012 09:20:25 -0800
Senior Republican US Senator John McCain said on Wednesday that the world must come to the help of Syrians and stop the "massacre" there as it came to the aid of people of Kosovo and Bosnia.
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