World Bank Centre

Saturday, 25 September 2021

Latest News for: World bank centre

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A new guide to smart investing

Business Day Online 25 Sep 2021

Public and private investors around the world have recognized the value of investing in women ... Weyinmie is a StartingBloc social innovation fellow and Regional Chair, West Africa Alumni, a World Bank Scholar and a Cherie Blair Foundation Mentee Alumni.

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ConocoPhillips in a global push to collect PDVSA debt

Petroleum World 24 Sep 2021

ConocoPhillips tries to recover Pdv's (PDVSA) debt assets. By Patricia Garip and Stephen Cunningham / Argus. BOGOTA. Petroleumworld 09 24 2021 ... $2bn from the Paris-based International Chamber of Commerce and $8.5bn from the World Bank's International Centre for Settlement of Investment Disputes (Icsid) ... Partner potential ... _____________. .

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Rusoro shares up 33% on Venezuela decision

Resource World 23 Sep 2021

Rusoro Mining Ltd ... District Court in Washington, D.C ... In August, 2016, Rusoro was awarded US$967.77 million by a tribunal operating under the Additional Facility Rules of the World Bank’s International Centre for the Settlement of Investment Disputes (ICSID) in the arbitration brought by the company against the Bolivarian Republic of Venezuela ... ....

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World Bank resolution center rules for Turkey, against FETO terror group company

Anadolu Agency 21 Sep 2021

The investment dispute resolution arm of the World Bank has ruled in favor of Turkey in ... The World Bank’s International Centre for Settlement of Investment Disputes (ICSID) issued the ruling in favor of Turkey and against the FETO dummy company, said a statement by the fund.

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International financial centre laudable but macro indicators worrying

Business Day Online 21 Sep 2021

If you search global financial centres, you will see that the world now ranks major cities as global financial centres ... “For example, South Africa has two global financial centres; UAE has two financial centres, recognised by the world not proclaimed by their governors of Central Bank where you have deep financial markets.

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Banks say draft capital rules make cryptoassets too costly to trade

Metro USA 21 Sep 2021

The Basel Committee on Banking Supervision, comprising regulators from the world’s main financial centres, proposed in June a graduated approach to capital requirements for cryptoassets held by banks ... Basel’s proposals make bank involvement in the cryptoasset market prohibitively costly, they added.

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The doing-better syndrome and our prisoner’s dilemma

Live Mint 21 Sep 2021

Take the case of the now-disgraced ‘Doing Business’ report, which was recently junked by the World Bank ... In 2014, based on the 10 business topics tracked and monitored by the World Bank’s report, the Centre came up with a Business Reform Action Plan (BRAP) for Indian states and UTs.

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Banking for women

Dawn 20 Sep 2021

Little wonder then that the World Bank in a 2018 report strongly underscored the importance of always keeping women at the centre of financial inclusion since their access to a secure and private means of savings and financing is closely linked to their social empowerment and ...

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Allegations of favouring China could erode confidence in IMF chief

The Jordan Times 19 Sep 2021

... her actions in a former senior role at the World Bank ... Justin Sandefur of the Centre for Global Development had written extensively about the problems with the methodology in the World Bank rankings, which he said "made it ripe for this sort of interference and manipulation."

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India sees opportunity as World Bank audit finds China fraud in Doing Business ranking

Live Mint 17 Sep 2021

India hopes the massive fraud highlighted in the audit report of Doing Business ranking by the World Bank, which points undue pressure from China, would improve its ranking and help shift manufacturing supply chains to India. On Thursday, the World Bank in a statement said it is ...

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Boom for banks as M&A and pandemic boost corporate FX needs

Reuters 16 Sep 2021

It is proving a boon for banks' currency trading desks, offsetting a recent drop in revenues from investor clients ... The growth in "non financial institutions" volumes, a proxy for corporate activity, slightly outpaced market-wide growth of 15.6%, the data covering trading in the world's biggest foreign exchange centre showed.

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Taliban probing bank accounts linked to former Afghan officials

Dawn 15 Sep 2021

The investigation may lead to the freezing of assets and accounts of former civil servants, ministers and lawmakers, an official at Da Afghanistan Bank said ... The World Bank and International Monetary Fund have halted Afghanistan’s access to funding, while the United States has also frozen cash held in its reserve for Kabul.

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Taliban probing bank accounts linked to former officials

Dawn 15 Sep 2021

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Taliban probing bank accounts linked to Afghan ex-officialsThe investigation may lead to the freezing of ...

Deccan Herald 14 Sep 2021

A manager of a private bank confirmed a team of "Taliban auditors" had been deployed to the organisation to check the accounts of selected former government officials ... The World Bank and International Monetary Fund have halted Afghanistan's access to funding, while the United States has also frozen cash held in its reserve for Kabul ... World news.

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1400 govt engineering college contract teachers fear job loss

The Telegraph India 14 Sep 2021

Jhajhariya is one of nearly 1,400 contractual engineering teachers whom the Centre recruited in January 2018. Jhajhariya was recruited under the World Bank-assisted TEQIP III scheme to state-run colleges in 12 states and Union Territories where the quality of engineering education was poor ... The Centre is saying the TEQIP project is over.