World Bank chief calls for new direction for lender
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World Bank President Robert Zoellick on Sunday called on the bank's 185 member nations to back a new direction for the poverty-fighting institution and give the private sector a bigger role in helping poor nations.
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Donors to the Palestinians are asking  whether the change of leadership can let more light into Palestinian finances.
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NEW BANK LEADER: President Bush has chosen Robert Zoellick, a one-time U.S. trade representative and former No. 2 official at the State Department, to lead the World Bank. Bush will announce the decision on Wednesday.
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Global lenders need to offer more grants and debt relief to impoverished countries and tailor their lending toward building up the private sector, US Treasury Secretary John Snow said on Thursday.
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The future of the International Monetary Fund is thrown into confusion after the shock resignation of its managing director, Rodrigo de Rato.
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Global lenders need to offer more grants and debt relief to poor countries and tailor lending toward the private sector, Treasury Secretary John Snow said today.
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World Trade Organization chief Pascal  Lamy on Wednesday urged countries to broaden their vision by  shifting their focus away from domestic politics to allow  stalled world trade talks to resume.
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Continued robust expansion in developing countries will help offset a slowdown in the United States this year amid concerns of a possible recession in the world's largest economy, the World Bank said Wednesday.
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The World Bank confirms that former US diplomat Robert Zoellick will become its new president.
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Finance Minister P Chidambaram will lead a high-level delegation for the annual IMF-World Bank meeting in Washington from October 1, where New Delhi would press for higher aid flows for infrastructure and social development.
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Robert B. Zoellick, the new chief of the World Bank, will need to smooth ruffled feathers left by his predecessor Paul D. Wolfowitz.
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BRUSSELS, Sep 27 (IPS) - Senior World Bank staff have asked the European  Union to consider extending the end-of-year deadline it has set  for a series of free trade agreements with Africa.
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World Bank President Robert B. Zoellick said yesterday that he is optimistic that a push to raise money for a fund that grants billions of dollars to Africa will be successful because of early feedback from donor countries.
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World Bank President plays down a row with Britain over the way conditions are attached to funding for poor countries.
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World Bank President James Wolfensohn hailed a British proposal to write off 10 percent of the debt owed the World Bank by poor countries, describing it as &quot;enormously constructive.&quot;
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The new head of the International Monetary Fund on Monday signaled the lender would take a larger role in speaking out about policies in the world&#39;s richest nations if they pose global economic risks.
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World Bank president Robert Zoellick backed Friday fresh proposals to drive the deadlocked round of World Trade Organization negotiations to a conclusion this year.