News Source: Xinhuanet.com
| 4 months ago
Countries should not resort to protectionist measures to tackle unemployment amid the economic downturn, World Bank President Robert Zoellick said Friday. "Protectionism was the road that exacerbated the 1930s' Great Depression," Zoellick...
News Source: The Economic Times
| 4 months ago
The head of the World Bank says the world economic crisis is spawning restrictive trade measures that threaten to slow a recovery. Robert Zoellick says those measures are ``at a low level fever'' now. But he warns ``we have to be careful the...
News Source: The Economic Times
| 4 months ago
Multilateral lenders need more resources to help countries weather the global economic crisis, finance ministers from the Americas agreed on Friday. Chilean Finance Minister Andres Velasco, who hosted the event, also said his peers agreed that...
News Source: Uinta County News
| 4 months ago
Bachelet, speaking today to finance ministers from North and South America, urged member governments to help raise additional funding for the multilateral lender. “It can’t be that a region of healthy economies, of entrepreneurs and investors...
News Source: Kiev Post
| 4 months ago
Finance ministers from the Americas and multilateral lenders on Friday sought to shore up responses to the global economic crisis on Friday and plan beyond a potential recovery for a post-crisis world. Though unemployment is still rising, Latin...