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At US-Africa summit, Obama announces $33 billion in new commitments to Africa

...House also touted another $12 billion in new commitments for Obama's Power Africa initiative from the private sector, World Bank and the government of Sweden. Obama announced the Power Africa initiative last summer, setting a goal of expanding...

http://chronicle.augusta.com/news/business/2014-08-05/us-africa-summit-obama-ann
World Bank plans $3 billion loan to stave off Korea creditors

WASHINGTON -- The World Bank planned to lend up to $3 billion...Dae-jung have said. Normally, major World Bank loans take as long as a year to negotiate...International Monetary Fund, the World Bank's sister organization. The overall...

http://chronicle.augusta.com/stories/1997/12/24/biz_219521.shtml
XXX Bizarre
World Bank still sees a risk of recession

...still faces a substantial risk that it could plunge into recession next year rather than experience sluggish growth, the World Bank said Wednesday. Events that could cause a slump, a new report said, include a worsening recession in Japan, a loss...

http://chronicle.augusta.com/stories/1998/12/03/bus_246336.shtml
Business
Russia receives first installment of World Bank loan

...million installment of a newly approved World Bank loan on Monday, the ITAR-Tass...International Monetary Fund, the World Bank and the Japanese government negotiated...improve. The installments of the World Bank loan will increase as Russia meets...

http://chronicle.augusta.com/stories/1998/08/11/bus_235668.shtml
Business
Jim Yong Kim is chosen to lead World Bank, keeping US hold on top post at development agency

...chosen to be the next president of the World Bank. His selection extends the U.S...selected Monday in a vote by the World Bank's 25-member executive board...selection marks a break from previous World Bank leaders who were typically political...

http://chronicle.augusta.com/news/business/2012-04-16/jim-yong-kim-chosen-lead-w
Jim Kim: Obama makes surprise pick for World Bank

...President Jim Yong Kim to lead the World Bank. It was a surprise pick aimed in...founding in 1944.The 187-nation World Bank focuses on fighting poverty and promoting...international aid agency, urged the World Bank to welcome a genuine debate about...

http://chronicle.augusta.com/news/business/2012-03-24/jim-kim-obama-makes-surpri
World Bank approves $1.01 billion in loans to Brazil

WASHINGTON -- The World Bank approved two loans totaling $1...has devastated Asia and Russia. A World Bank statement said the two loans, for...billion over the next three years. A World Bank spokesman said the two loans will...

http://chronicle.augusta.com/stories/1999/01/08/bus_249536.shtml
Business
World Bank says Asia crisis could get worse

...Asia's financial turmoil could get worse, the World Bank says in a new report. After a decade of prosperity...follow. Presenting the report, Jean Michel Severino, World Bank vice president for East Asia and the Pacific, said...

http://chronicle.augusta.com/stories/1998/09/30/bus_240421.shtml
Business
World Bank chief defends institution

WASHINGTON -- World Bank President James Wolfensohn today called allegations of internal corruption...He said Piercy was leading the U.S. effort to make reforms in World Bank operations and the investigation has "nothing to do with the way...

http://chronicle.augusta.com/stories/1998/07/18/bus_233648.shtml
Business
World Bank puts hold on loans to India

...S. sanctions against India, the World Bank postponed more than $800 million...24-member board of the 181-nation World Bank would have been expected to side...some $2 billion in lending that the World Bank had planned to approve before the...

http://chronicle.augusta.com/stories/1998/05/27/bus_229594.shtml
Business