Create your page here
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programs. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group, which is part of the United Nations system.
The World Bank's official goal is the reduction of poverty. However, according to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of Capital investment.
World Bank Group
The World Bank is not to be confused with the World Bank Group, an extended family of five international organizations:
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/World_Bank
Latest News for: World bank centre
Edit
Turning gains into losses
The News International 17 Jul 2019
TCC unsurprisingly brought a case against Pakistan before the World Bank’s International Centre for Settlement of Investment Disputes ... TCC unsurprisingly brought a case against Pakistan before the World Bank’s International Centre for Settlement of Investment Disputes....
photo: AP / Andy Wong
World Bank $6bn fine on Pakistan will deter foreign investors, analysts say
The National 16 Jul 2019
The ruling by the World Bank's International Centre for Settlement of Investment Disputes (ICSID) would place additional pressure on Pakistan's struggling economy, Talat Masood, a political and security analyst, told The National....
Edit
World Bank court orders Pak to pay USD 5.8 billion to foreign firm over mine closure
Deccan Chronicle 15 Jul 2019
A World Bank arbitration court has ordered the Pakistani government to pay damages of USD 5.8 ... The World Bank’s International Centre for Settlement of Investment Disputes (ICSID) ruled against Pakistan in 2017, but until now had yet to determine the damages owed to Tethyan....
Edit
Pakistan ordered to pay Antofagasta-Barrick venture $5.84bn in damages
Mining Weekly 15 Jul 2019
The World Bank’s International Centre for Settlement of Investment Disputes has awarded a joint venture between London-listed Antofagasta and Toronto-listed Barrick Gold $5.84-billion in damages ... ....
Edit
Pakistan told to pay $6 billion fine in mining dispute
Hindustan Times 15 Jul 2019
world Updated ... The Tethyan Copper Company - a joint venture between Chilean mining company Antofagasta and Canada’s Barrick Gold Corporation - had filed claims before the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) in 2012 after the Balochistan government rejected a leasing request from the company....
Edit
TCC open to negotiated settlement with Pakistan
Sify 15 Jul 2019
The development comes after an arbitration tribunal of the World Bank's International Centre for Settlement of Investment Disputes (ICSID) on Friday awarded about $5.9 billion in damages to TCC in arbitration claims it filed against Pakistan following the denial of a mining lease for the Reko Diq project in Balochistan in 2011, Dawn news reported....
Edit
'I don’t expect Barrick to get paid': $5.83-billion arbitration win in Pakistan leaves unanswered questions
Canada Dot Com 15 Jul 2019
The World Bank’s International Centre for the Settlement of Investment Disputes has ordered the Islamic Republic of Pakistan to pay US$5.83 billion to a Barrick Gold Corp. joint venture subsidiary for blocking a mining project nearly a decade ago ... “It just seems unclear what value they get out of this at the end of the day.”....
Edit
Back to basics with zero-budget natural farming
Yahoo Daily News 15 Jul 2019
This was to be facilitated by the Sustainable India Finance Facility (SIFF) put together by the United Nations Environment Programme (UNEP), World Agroforestry Centre and BNP Paribas, the French bank....
Edit
Pakistan welcomes move for negotiated deal after Reko Diq mine ruling
Business Day 14 Jul 2019
However, it said that together with the provincial government of Balochistan, it was still studying the decision by the World Bank's International Centre for Settlement of Investment Disputes....
Edit
Pakistan welcomes negotiated settlement in Reko Diq mine ruling
Gulf News 14 Jul 2019
The statement from the attorney general’s office came after a World Bank ... However, it said that together with the provincial government of Balochistan, it was still studying the decision by the World Bank’s International Centre for Settlement of Investment Disputes (ICSID)....
Edit
International Arbitration Court Imposes $5.97 Billion Penalty on Cash-strapped Pakistan
News18 14 Jul 2019
The Tethyan Copper Company (TCC), a joint venture between Chilean mining company Antofagasta and Canada's Barrick Gold ......
- 1
- 2
- Next page »
