World / Tags / Bank

+15
Shocking
100% Credible

China - 750,000 a year killed by Chinese pollution

WORLD / NEWS Wed Jul 4, 2007 @ 8:17am neoform
Financial Times -- Beijing engineered the removal of nearly a third of a World Bank report on pollution in China because of concerns that findings on premature deaths could provoke “social unrest”. The report, produced in co-operation with Chinese government ministri.. Read More
+7
Interesting
100% Credible

China 'buried smog death finding'

WORLD / NEWS Tue Jul 3, 2007 @ 11:32am neoform
BBC News -- The World Bank is alleged to have cut from a report research that suggests pollution causes hundreds of thousands of premature deaths annually in China. The move followed pressure from Beijing, which believes the material is too sensitive and could lea.. Read More
+7
Interesting
100% Credible

Zimbabwe currency crashes; inflation as high as 9,000%

Zimbabwean dollar
WORLD / NEWS Thu Jun 21, 2007 @ 1:28pm neoform
CNN -- The value of the Zimbabwean dollar suffered its worst crash in memory, dealers said Thursday, sparking a run on dollars and forcing stores to close early to put new prices on their meager stock. Black market exchange rates -- fueled by the central bank.. Read More
+6
Important
90% Credible

Senior Wolfowitz aide steps down

Paul Wolfowitz
WORLD / NEWS Mon May 7, 2007 @ 3:32pm neoform
BBC News -- A senior aide to embattled World Bank president Paul Wolfowitz has announced his resignation. Kevin Kellems said an ongoing scandal surrounding his boss made it difficult for him to remain effective in his role at the Washington-based institution. M.. Read More
+7
Interesting
50% Credible

Venezuela exits IMF and World Bank

WORLD / NEWS Tue May 1, 2007 @ 2:24pm neoform
Al Jazeera -- Chavez intends to set up a new lender run by Latin American nations which he has called the 'Bank of the South'. He has pledged to support it with Venezuela's oil revenues. Separately, Chavez also offered on Sunday to contribute $250m to a new reg.. Read More
+15
Important
100% Credible

Chavez to Pull Venezuela From IMF, World Bank

WORLD / NEWS Tue May 1, 2007 @ 8:20am neoform
FOX News -- President Hugo Chavez announced Monday he would formally pull Venezuela out of the World Bank and the International Monetary Fund, a largely symbolic move since the nation has already canceled its debts to the lending institutions. The leftist leader,.. Read More
+6
Interesting
100% Credible

Layton: Banks 'gouging' Canadians

WORLD / NEWS Thu Jan 25, 2007 @ 7:55pm neoform
Toronto Star -- Bank customers would have more money in their wallets if Parliament acts on an NDP proposal and legislates automated teller fees out of existence... Read More
+7
Amazing
100% Credible

Bank robbed twice in 24 hours

WORLD / NEWS Tue Jan 16, 2007 @ 9:35am mrmdc
USA Today -- The local Wachovia Bank here was a busy place last week — for robberies. On Jan. 10 around 9:34 a.m. a man walked into the bank and presented a note to a teller that read "give me the money or I will shoot," police said... Read More
+1
Under Rated

Japanese Lawmakers Approve BOJ Nominee

WORLD / NEWS Wed Apr 9, 2008 @ 8:18am neoform
SF Gate -- Japanese lawmakers endorsed acting Bank of Japan chief Masaaki Shirakawa as its new governor Wednesday, ending a power vacuum at the central bank's helm by approving the government's third candidate for the job. But the opposition-controlled upper hous.. Read More
+1
Under Rated

EU launches probe of Rock bailout

WORLD / NEWS Wed Apr 2, 2008 @ 8:21am neoform
BBC News -- The EU has said it will launch a full investigation of the state bailout plan of troubled UK bank Northern Rock. Northern Rock was given emergency government funding last year, after it was hard hit by the credit crunch. In February, the government.. Read More
+1
Under Rated

UBS doubles sub-prime writedowns

WORLD / NEWS Tue Apr 1, 2008 @ 8:25am neoform
BBC News -- Swiss financial giant UBS has reported that its writedowns as a result of the sub-prime crisis have more than doubled to about $37bn (�18.5bn). It is the largest loss by any bank since the credit crunch began. UBS also announced that its chairman.. Read More
+1
Under Rated

Rogue trader costs French bank $7bn

WORLD / NEWS Thu Jan 24, 2008 @ 8:17am neoform
BBC News -- French bank Societe Generale says it has uncovered "massive" fraud by a Paris-based trader which resulted in a loss of 4.9bn euros ($7.1bn; �3.7bn). The bank said the fraud was based on simple transactions, but concealed by "sophisticated and varied.. Read More
+1
Under Rated

Africa 'sees benefits of growth'

WORLD / NEWS Wed Nov 14, 2007 @ 8:19am neoform
BBC News -- The economic outlook for Africa is improving after a decade of growth of 5.4% for the continent that matches global rates, the World Bank has said. The trend indicates that a fundamental change is occurring in Africa, a World Bank official told the BBC.. Read More
+1
Under Rated

Fraud police question Israeli PM

WORLD / NEWS Tue Oct 9, 2007 @ 8:28am neoform
BBC News -- Israel's Prime Minister, Ehud Olmert, is being questioned by police over his role in a bank privatisation deal. He is suspected of trying to influence the sale of the state's controlling interest in Bank Leumi in favour of a friend whilst finance minis.. Read More
+1
Under Rated
100% Credible

New morality police detain fast breakers during Ramadan in West Bank

WORLD / NEWS Fri Sep 28, 2007 @ 1:15pm neoform
Boston Globe -- A new squad of morality police has begun detaining Palestinians who eat or drink in public during Ramadan in the West Bank, where the Islamic month of daytime fasting was always widely observed but never imposed. The 12-member squad appears to be an at.. Read More
+1
Under Rated

Olmert, Abbas to meet in West Bank town

WORLD / NEWS Mon Aug 6, 2007 @ 8:14am neoform
USA Today -- Ehud Olmert on Monday became the first Israeli prime minister to visit a Palestinian town since the outbreak of fighting seven years ago, meeting under heavy guard with Palestinian President Mahmoud Abbas in Jericho to talk about the creation of a Palesti.. Read More
+1
Under Rated

Rice meets with Palestinian Cabinet

WORLD / NEWS Thu Aug 2, 2007 @ 9:39am neoform
MSNBC -- Palestinian officials said they also will tell Rice that Israel must start withdrawing troops from West Bank cities and restore the control of the Palestinian security forces there. Israel seeks quick settlement for West Bank In previous meetings, A.. Read More
+1
Under Rated

'Three held' in Paris bank raid

WORLD / NEWS Tue Jun 19, 2007 @ 8:26am neoform
BBC News -- Armed robbers are still holding three people hostage at bank in the south of Paris after earlier releasing three others, local police say. The hold-up is taking place at a Credit Lyonnais bank branch in the market in the town of Rungis, which is France.. Read More
+1
Under Rated

N Korea fund transfer under way

WORLD / NEWS Thu Jun 14, 2007 @ 4:49pm neoform
BBC News -- The transfer of North Korean funds from a bank in Macau - a key sticking point to nuclear disarmament talks with the US - is under way. A Macau official said that most of the $24m frozen in the Banco Delta Asia had now been moved elsewhere. The move.. Read More
+1
Under Rated

North Korea gets back frozen funds

WORLD / NEWS Thu Jun 14, 2007 @ 12:18pm neoform
Al Jazeera -- Washington agreed to give its blessing for the funds' release to win progress on the nuclear issue. But North Korea has refused to move forward on a February pledge to start dismantling its nuclear programme until it receives the money. Although Pyong.. Read More
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