World Bank-IMF meetings end with call for reformOctober 7th, 2009 ISTANBUL - The annual meeting of the World Bank and International Monetary Fund was formally concluded Wednesday in Istanbul with an appeal to nations to pursue reforms while dealing with the global economic crisis. In remarks wrapping up the conference attended by finance ministers, central bank governors and other top officials from 186 countries, plenary session chairman Nguyen Van Giau said further international cooperation was foreseen to master the problems.
Developing countries need money to weather 2010: World Bank chiefOctober 2nd, 2009 ISTANBUL - Developing nations will need outside support to help them boost domestic demand as the world begins an uncertain recovery from a devastating economic crisis, World Bank President Robert Zoellick said Friday. Speaking ahead of the World Bank and International Monetary Fund's annual meetings here, Zoellick said many emerging countries were poised to become major drivers of world growth.
Pakistan arrests Taliban spokesman in Swat valleySeptember 11th, 2009 ISLAMABAD - Pakistan's military said Friday it has arrested a Taliban spokesman in the Swat valley, where troops have spent five months fighting Islamist insurgents. Muslim Khan was captured with four colleagues including key militant commander Mehmood Khan, Geo news channel reported, citing army spokesman Major General Athar Abbas.
How to reduce cheating among studentsAugust 9th, 2009 WASHINGTON - Cheating among students is reaching 'epidemic' proportions. In some studies, up to 80 percent of high-achieving high school students and 75 percent of college students admit to cheating.
Will Pak pay the CIA 50 million-rupee bounty for killing Mehsud?August 8th, 2009 ISLAMABAD - Following the death of Pak-Taliban chief Baitullah Mehsud in a US drone strike, an interesting question has cropped up-Will Islamabad offer the promised bounty money of 50 million rupees to the CIA for killing Pakistan's enemy no. 1?
The US government had also announced a 5-million-dollar bounty on Mehsud.
Pak announces 50 million bounty on MehsudJune 28th, 2009 ISLAMABAD - The Pakistan Government has revised the bounty on the Tehrik-e-Taliban Pakistan (TTP) chief Baitullah Mehsud increasing it to a whopping 50 million rupees. In its latest advertisement, the government has announced a reward of 50 million rupees for the arrest (dead or alive) of Mehsud, besides announcing rewards on 11 other most wanted militants in the country.
Bamboo classrooms - answer to Delhi University's space crunchJune 22nd, 2009 NEW DELHI - You've heard of bamboo houses, but classrooms? Yes, the idea has taken seed in many Delhi University colleges that are gearing up to cope with thousands of additional entrants amid an infrastructure crunch. "We can't keep waiting to hear from the local bodies for permission for construction.
World Bank raises 2009 China's economic growth forecast from 6.5 percent to 7.2 percentJune 18th, 2009 World Bank raises 2009 China growth forecastBEIJING — The World Bank is raising its 2009 growth forecast for China due to the country's stimulus-driven investment boom. But it also cautions that it is still too soon to say a sustained recovery is on the way.
Nepali PM expands cabinet amid bickeringJune 17th, 2009 KATHMANDU - Nepals Prime Minister Madhav Kumar Nepal Wednesday expanded his 11-member cabinet to induct 10 new ministers. However, the protracted squabble with allies over power sharing continued even three weeks after Nepal assuming office with the parties from Terai not sending any new faces to the cabinet.
Pak announces 17 million bounty for nabbing 10 most wanted terroristsJune 9th, 2009 LAHORE - Pakistan has placed a bounty of 17 million rupees on heads of 10 most wanted terrorists. According to the Daily Times, the Punjab government has released a list of terrorists who were involved in the recent suicide bombings in the province.
Mullah Fazlullah not killed yet, admit top Pak security officialsMay 29th, 2009 ISLAMABAD - A day after the North West Frontier Province (NWFP) Information Minister Iftikhar Hussain claimed that Swat Taliban chief Mullah Fazlullah has been killed in a military operation being carried out in the Valley, top security officials have denied the report. Senior security officials claimed that all the militant commanders including Mullah Fazlulah would be either killed or arrested by the Army, The News reports.
Swat Taliban chief Mullah Fazlullah killed, claims NWFP ministerMay 28th, 2009 LAHORE - Pakistan has claimed that Swat Taliban chief Mullah Fazlullah has been killed in a military operation being carried out in the SwatValley. Announcing a whopping four million rupees bounty on Fazlullah, the North West Frontier Province (NWFP) Information Minister Iftikhar Hussain said the Army has confirmed the deaths of several top militant commanders.
World Bank says employee who works in DC likely had swine flu after Mexico tripApril 30th, 2009 World Bank: DC employee likely has swine fluWASHINGTON — Some employees of the World Bank in Washington are being asked to work from home after one of their colleagues was preliminarily diagnosed with swine flu. The bank said Thursday that the man is believed to have been exposed to the illness while traveling in Mexico for business from April 13 to 18.
Activists ask to 'Globalize Justice' during protest against IMF, World BankApril 27th, 2009 Activists protest against IMF, World BankWASHINGTON — Protesters upset with how world leaders have handled global economic woes have completed their rally near the World Bank and International Monetary Fund meetings in Washington. Dozens of demonstrators marched several blocks Sunday afternoon from Dupont Circle to a park across from the World Bank building.
World Bank: Nations should speed aid to poor countries hit by economic crisisApril 26th, 2009 World Bank: Nations should speed aid to poorWASHINGTON — The World Bank on Sunday urged donor nations to speed up delivery of the money they've already pledged — and to give even more — to help poor countries weather the steep global recession. The bank said developing countries face especially serious consequences as the financial and economic crisis turns into what it described as a "human and development calamity."
In a communique, the World Bank's policy steering committee said the crisis has already driven more than 50 million people into extreme poverty, particularly women and children.
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