Cut labour costs, says World Bank
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A NEW World Bank report recommends that Slovakia cut labour-related taxes and reduce social spending instead of trying to lower income tax rates below 19 percent.
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Beijing persuaded the World Bank to cut from a report findings that pollution has caused about 750,000 premature deaths in China each year, the Financial Times reported.
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Low employment among older workers could be costing the UK as much as Â£31bn a year, the National Audit Office (NAO) says.
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- Kemet Corp  said it would cut its global workforce by 385 employees, including about 120 in the United States and about 250 in Mexico, leading to annual cost reduction of about $16 million and an one-time cost of about $7 million.
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Millions of desperately poor workers, particularly women, will lose their jobs next year following the lifting of a global system of textile and clothing tariffs, a leading aid agency warned.
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The World Bank is spending far less on proven methods to combat tuberculosis in Africa than in India, China and Russia, according to a report by an advocacy group.
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Developing nations are this year set to record their strongest economic growth since 1974, the World Bank has said. Many countries are on course to achieve the UN Millennium Development Goals of cutting global
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Comment is free: Robert Goodland: My former employers, the World Bank, are damaging the planet and punishing the poor.
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A fifth year of powerful economic growth in East Asia and the Pacific has driven the number of people living in poverty in the region to its lowest level ever, but the World Bank warned Tuesday that oil prices could dampen the boom next year.
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BRUSSELS, Dec 7 (IPS) - Employers in developing countries are sacrificing  workers' rights to attract foreign investment, says a report  launched Tuesday.
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The World Bank has called upon the governments of poor countries to work for improving their investment climates as done by India and China, saying it was central to economic growth and poverty reduction.
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HIGH oil prices will slash the countryâs economic growth by as much as 1 percent next year, the World Bank said Tuesday. In its latest East Asia Regional Economic Update
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The World Bank unveiled plans to lend up to 12 billion dollars to India under a fresh four-year program beginning in 2005 to alleviate poverty in the world's second most populous nation.
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The World Bank is to extend its debt reduction facility to help poorer nations avoid so-called "vulture funds".
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PORTO ALEGRE, Brazil -- Participating in the World Social Forum for the first time, the International Monetary Fund and the World Bank tried to assure social and leftist activists yesterday that they are increasingly heeding calls for a more aggressive fight against poverty.
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The World Bank lacks motivation in its approach to anti-corruption work, an official inquiry says.
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World Bank President plays down a row with Britain over the way conditions are attached to funding for poor countries.