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World Bank Group

World Bank Group is a family of five international organizations that makes leveraged loans, generally to poor countries. It came into formal existence on December 27, 1945.

The five agencies of the World Bank Group are:

  • International Bank for Reconstruction and Development (IBRD)
  • International Development Association (IDA)
  • International Finance Corporation (IFC)
  • Multilateral Investment Guarantee Agency (MIGA)
  • International Centre for Settlement of Investment Disputes (ICSID)

World Bank

The term "World Bank" generally refers to just the IBRD and IDA, whereas the term World Bank Group or WBG is used to refer to all five institutions collectively. The official goal of World Bank is the reduction of poverty

  • Location: Washington, DC, United States
  • Membership: 188 countries (IBRD), 170 countries (IDA)
  • President: Jim Yong Kim
  • Chief Economist: Kaushik Basu

World Bank Group in News

Wärtsilä to supply extension to Flexicycle power station in Senegal
Wärtsilä Corporation, Press release, 29 December 2015 at 9.30 am EET

VMR Products, Marketer of V2 E-Cigarettes, Announces Major Investment
VMR Products, a leading electronic cigarette and vaporizer company, announced today a $23MM investment by Huabao International Holdings, a diversified holding company with significant interests in flavors and fragrances. This is the first major investment VMR has accepted since the company was founded in 2009.

Morocco Again Ranks in Top 10 of 2016 Climate Change Performance Index
WASHINGTON, DC--(Marketwired - December 10, 2015) - The 2016 Climate Performance Index ranked Morocco among the top ten countries making the most progress in addressing climate change and number one among "newly industrialized countries," citing the country as one that shows "the potential of developing countries to move forward

At COP21, Morocco's King Mohammed VI Urges Decisive Action, Focus on Africa
WASHINGTON, DC--(Marketwired - December 01, 2015) - In a speech delivered on his behalf at the 21st Conference of Parties to the UN Framework Convention on Climate Change (COP21) in Paris on Monday, King Mohammed VI exhorted world leaders to take bold action on climate change goals, while giving "special attention" to Africa's sustainable development needs.

BNP Paribas Dedicates EUR 15bn in Financing for Renewable Energy and Reinforces Its Carbon Risk Management Policies
Key points:BNP Paribas will: More than double its financing in the renewable energy sector Reinforce its carbon risk management policies Support its clients in making a safe transition to more sustainable energy use BNP Paribas is taking a step further in financing the transition to a low carbon economy

Judicial Watch: President Obama's 2015 Golf and Family Vacation Trips Cost Taxpayers $3,115,688.70 in Travel Expenses Alone
WASHINGTON, DC--(Marketwired - November 17, 2015) - Judicial Watch announced today that it has obtained records from the U.S. Department of the Air Force revealing that Barack Obama and family had a busy 2015 vacationing on the American taxpayers' dime

New Reports Show Morocco Leads Region in Prosperity, Business Opportunities, and Governance
WASHINGTON, DC--(Marketwired - November 04, 2015) - Two recently-released reports show that Morocco is a leader in the Middle East and North Africa (MENA) in the areas of overall prosperity as well as ease of doing business. The reports reflect Morocco's success in implementing ongoing economic and democratic reform under the leadership of King Mohammed VI.

Zenith Receives Approval for Onshore Oil Production in Azerbaijan
This press release is not to be distributed to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law.

Wärtsilä to maximise lifetime and guarantee performance of Umm AlQura's power plant
Wärtsilä Corporation, Press release, 20 October 2015 at 10 am EET

Morocco Urges US Businesses to Believe in African Potential at Second US-Morocco Trade and Investment Forum in Atlanta

Atlanta to Host Second US-Morocco Trade and Investment Forum Oct. 13
WASHINGTON, DC--(Marketwired - October 07, 2015) - Business leaders and government representatives from the US and Morocco will convene at Coca-Cola headquarters in Atlanta on Tuesday, October 13 for the second annual US-Morocco Trade and Investment Forum

Pablo Soria de Lachica - Optimistic That Germany Will Benefit From Taking in Syrian Refugees
MEXICO CITY, MEXICO--(Marketwired - October 06, 2015) - In the past few months, hundreds of thousands of migrants from countries such as Syria, Afghanistan, and Eritrea have flooded into European countries seeking asylum. At about 50%, Syrians make up the overwhelming majority and thus have been impacted the most by many European countries' reluctance to grant them refugee status

Iran Economy Exhibits Renewed Optimism, Open for Investments across Industries, Targets Export Markets, notes Frost & Sullivan
Business Wire IndiaIran, the second largest economy in the Middle East and North Africa (MENA) after Saudi Arabia is all set to open doors to investments and improve its own business opportunities revealed a series of studies undertaken by Frost & Sullivan

LyondellBasell Announces Definitive Agreement to Acquire PP Compounding Business of Zylog Plastalloys Pvt. Ltd.
Business Wire IndiaLyondellBasell (NYSE: LYB), one of the world’s largest plastics, chemical and refining companies, today announced that it has entered into a definitive agreement to acquire the polypropylene (PP) compounding assets of Zylog Plastalloys Pvt. Ltd. (Zylog) of India

The Impetus of Development Assistance: A New Trajectory
Business Wire India Scholars from across India and the world debate on issues of public policy and development assistance Two day forum is jointly organized by the Jindal School of Government and Public Policy (JSGP) and the International Development and Public Policy Alliance (IDPPA) ​

India Prime Minister Highlights Frost & Sullivan's #1 Ranking of India for Growth, Innovation and Leadership
Business Wire IndiaIn a powerful address to Prime Minister David Cameron, British authorities and international business leaders at London’s Guildhall last week, India Prime Minister Narendra Modi highlighted the staggering growth rate of the country’s economy (according to the World Bank, (+7.5 percent in 2016) and the vast opportunities for foreign direct investments in the region

Indian Government Announces FDI in Real Estate to Benefit the Real Estate Growth
Business Wire IndiaRecently, the Honourable Prime Minister of India Shri. Narendra Modi Announced FDI (Foreign Direct Investment) in real estate sector. Now, investors from across the world can invest in real estate without any hurdle because of new policy reforms

GSMA Appoints John Giusti Chief Regulatory Officer
Business Wire IndiaThe GSMA today announced that it has appointed John Giusti as Chief Regulatory Officer effective November 1, 2015

Cube Highways Signs an Agreement to Acquire a 100 Percent Ownership in Madhucon Agra Jaipur Expressways Ltd, an Operating Toll Road in India
Business Wire IndiaCube Highways and Infrastructure Pte. Ltd. (Cube Highways) is pleased to announce that it has signed an agreement to acquire a 100 percent ownership interest in Madhucon Agra Jaipur Expressways Ltd (MAJEL), an operating toll road in India

UAE Exchange Celebrates 35 Years of Growth; Single Largest Remittance Entity Moves Over US$26 Billion a Year
Business Wire India

Moto-Meter(TM) Granted Patent in Dominican Republic, Adding Another 500,000 Motorcycle Taxis to Its Patented Regions
World Moto, Inc. (OTCBB: FARE) (OTCQB: FARE) (BERLIN: WM7) (BERLIN: A1J8SY) ("World Moto" or the "Company") today announced that it has been awarded a patent on its Moto-Meter™ technology in the Dominican Republic until 2031.

Tombstone Exploration Corporation Announces Progress on EuroGas, Inc.'s Commitment of $5 Million for Exploration and Drilling Program
Tombstone Exploration Corporation (OTCQB: TMBXF) (BERLIN: UDNA), announced today that the Company is back on track to receive from EuroGas, Inc. a committed financing in the amount of $5 million USD for extensive drilling in its wholly owned USA porphyry copper-gold project in Arizona, USA. The lawsuit previously filed by the Company in the U.S. District Court of Utah against EuroGas, Inc

Vanguard Mining Corporation Appoints New Board Member and Chief Financial Officer
Vanguard Mining Corporation (PINKSHEETS: VNMCD) (PINKSHEETS: VNMC) announced today that the Company has appointed Mr. Madhava Rao Mankal as a new member of the Board of Directors and concurrently Chief Financial Officer of the Company to replace Mr. Hai Le who resigned from this position on November 5, 2014.

Capital Services Group Adds Crowdfunding Expert to Its Board of Directors
Capital Services Group, Inc. (the "Company") today announced that crowdfunding expert Richard Swart, who has served on the Company's advisory committee since April, has been appointed to the Company's board of directors.

Cardinal Resources -- Making a Global Impact Since 2004
PITTSBURGH PA--(Marketwired - November 17, 2014) - Cardinal Resources Inc

Ayla Networks Names VC and Former Tencent CTO Jeff Xiong to Board of Advisors
Ayla Networks, a leading provider of Agile Internet of Things (IoT) platforms, today announced that Jeff Xiong, managing director at 7 Seas Venture, former chief technology officer at Tencent, who has also held prominent executive posts at Tencent ARM, Microsoft and other companies, has joined the company's Board of Advisors. Signals Growth Strategy by Naming Industry Veteran Robert Wise Executive Vice President of Corporate Development, the largest privately held conferencing provider in the United States, has named Robert Wise as Executive Vice President of Corporate Development to lead the company's growth strategy and corporate development. Wise joins having served at InterCall Inc. and West IP Communications for the past 16 years

United Arab Emirates, India & Indonesia Equity Markets Lead G20 Nations Year-to-Date as IMF Meets in Washington
As the G20 nations' finance ministers and central bank governors met in Washington, DC Thursday and Friday as part of the International Monetary Fund World Bank Group annual meeting, three emerging markets are leading the way in 2014 year-to-date equity market performance as of October 7.

Jose Otero Named as 4G Americas Director of Latin America and Caribbean
BELLEVUE, WA--(Marketwired - October 06, 2014) - 4G Americas announced today that Jose Felipe Otero Muñoz, who is well known for his knowledge about the mobile technology industry throughout Latin America and the Caribbean, will be the association's new Director of Latin America and the Caribbean. In his role, Mr

Sunergy Update: Sunergy Makes Major Advancements With Its Non-Mining Initiatives; Nigerian Affordable Home Pilot Project More Than Six Times Oversubscribed
Sunergy, Inc. ("Sunergy" or "the Company") (OTC Pink: SNEY) (PINKSHEETS: SNEY) announced today that the Nigerian Federal Government's first phase of Affordable Home Ownership scheme, which was initially funded by the World Bank for $250,000,000, has now received over 100,000 qualified applications for their 10,000 pilot home offer. As of the initial deadline, there were 6 times the applicants.

LatinFinance Appoints New CEO, Editor
A reshuffle of senior management positions at LatinFinance sees Taimur Ahmad take over as CEO from Stuart Allen, who is to assume the management of a new business group at Euromoney in London. Taimur, who has been editor-in-chief, will be replaced in that role by news editor Katie Llanos-Small. The changes will take effect from October 1.

Bellevue Asset Management's BB African Opportunities Fund passes the 100 million euro mark
Bellevue Asset Management /Bellevue Asset Management's BB African Opportunities Fund passes the 100 million euro mark . Processed and transmitted by NASDAQ OMX Corporate Solutions.The issuer is solely responsible for the content of this announcement.

PIMCO Elects Daniel Ivascyn as Group Chief Investment Officer
Mr. Kiesel, Mr. Mather and Mr. Worah named Portfolio Managers for Total Return Fund Saumil Parikh, Mr

Ayla Networks to Offer Internet of Things Technology and Services Inside of China and Enable Cross-Border Innovation as Part of International Expansion

Corporate Social Responsibility Weekly Recap (October 29, 2014 – November 5, 2014)
The following releases focus on Corporate Social Responsibility and moved during the week of October 29, 2014 – November 5, 2014.

MetLife Foundation Partners With ACCESS To Bring Together World’s Experts to Promote Financial Inclusion in Inclusive Finance India Summit
The first “Inclusive Finance India Global Summit” in Delhi, organized by ACCESS, a national think tank, was inaugurated on Monday (December 8) by Shri HR Khan, deputy governor of Reserve Bank of India (RBI)

Professor K Srinath Reddy, President, Public Health Foundation of India Conferred Honorary Doctor of Science (Medicine) by HRH Princess Anne at Buckingham Palace
Prof. K. Srinath Reddy, President of the Public Health Foundation of India (PHFI), was conferred the degree of Doctor of Science (Medicine) honoris causa by the University of London on November 26, 2014. This was awarded to him by HRH The Princess Royale of Britain, Princess Anne, who is also Chancellor of the University, at a special ceremony held at the Buckingham Palace

‘Average Annual Remittance Per Indian Family Receiving Remittances from Abroad is around INR 2.30 Lakhs’ Reveals Western Union’s Economic Impact Study
Western Union, a leader in global payment services undertook an economic impact study to understand the money transfer practices of consumers as well as the impact of remittance on their lives. The study was conducted by Western Union in association with Nielsen, a leading global provider of consumer information and insights

The World Bank Group’s International Finance Corporation and Levi Strauss & Co. Reward Garment Suppliers for Stronger Labor, Environment, Health and Safety Performance
IFC, a member of the World Bank Group, is working with Levi Strauss & Co. to provide financial incentives for garment suppliers in developing countries to upgrade environmental, health, safety and labor standards. This new supplier finance program was announced today at the ILO/IFC Better Work Buyers’ Forum in New York City.

Indian Delegate Anshul Pachouri Participated in the World Bank Group Youth Summit 2014: an Important Milestone in the Youth Diplomacy of the Country
The World Bank Group hosted its second annual Youth Summit in partnership with United Nations Secretary-General's Envoy on Youth on October 7th 2014 at the World Bank Headquarters in Washington DC. The summit was focused on discussing the issues surrounding youth engagement and participation pertaining to open government, transparency and accountability

PTU Wins the Much Coveted Best Technical University Award
Punjab Technical University (PTU) has bagged the much coveted Best Technical University Award for the year 2013. The Award instituted by Indian Society for Technical Education (ISTE) encourages technical universities to enhance their performance and to serve the community as well as stakeholders by improving quality and maintaining standard of the programs offered

Eisai Begins Free Supply of Diethylcarbamazine in Line with its Global Commitment to Eliminate Lymphatic Filariasis
Eisai Pharmatechnology & Manufacturing Pvt. Ltd. (Headquarters: Visakhapatnam, President and Managing Director: Sanjit Singh Lamba) announced here today that it has begun the free supply of Diethylcarbamazine Citrate (DEC) 100 mg tablets produced at its Visakhapatnam Plant in India to the World Health Organization (WHO)

National Design and Research Forum (NDRF) of The Institution of Engineers to Collaborate with Canadian Universities to Create a Technological Research Ecosystem
In an effort to consolidate the technological research ecosystem in Karnataka, a team of senior researchers, academicians and administrators from the National Design and Research Forum (NDRF), The Institution of Engineers (India), Visvesvaraya Technological University, and the State Project Facilitation Unit (SPFU) are visiting Canadian Universities and academic institutions

Tombstone Exploration Corporation Acquires 26% Interest in EuroGas AG of Switzerland

Cisco Commits to Addressing IT Skills Gap in Asia Pacific at Launch of Internet of Everything Webinar Program
Cisco (NASDAQ: CSCO) will invest in the development of 400,000 networking professionals over the next five years, to help address the IT skills shortage in Asia Pacific. Cisco made this commitment at the launch of the Internet of Everything webinar series designed to inspire the next generation of IT talent to pursue careers in the industry.


Utah Student Founder Named Entrepreneurs' Organization's Global Student Entrepreneur of the Year
The Entrepreneurs' Organization's Global Student Entrepreneur Awards (GSEA), the premier global competition honoring the top high school, college and graduate students who have founded and are running revenue-generating businesses, today announced Spencer Quinn, co-founder and CEO of FiberFix, as the Champion of the 2013 Global Student Entrepreneur Awards

Ericsson powers MTN Rwanda Mobile Money Service

Biolatam attracts biotechnology risk capital funds managing a total of over 3 billion euros
Proexport Colombia will support the presence of international investment funds 14 firms have so far confirmed their attendance, the organisation expects to bring together 25 companies in Bogotá Madrid, 14 November 2013

Moto-Meter Granted a Patent in Nigeria -- Monopoly Guaranteed Until 2033
World Moto, Inc. (OTCBB: FARE) (OTCQB: FARE) (BERLIN: WM7) (BERLIN: A1J8SY) ("World Moto" or the "Company") is pleased to announce that it has been awarded a patent on the Moto-Meter technology until 2033 in Nigeria, a country with more than 3 million motorcycle taxis

Eckert & Ziegler BEBIG Wins Major Tender in Bangladesh
Seneffe, Belgium, November 4, 2013, Eckert & Ziegler BEBIG announces to have received an order for the delivery of their state-of-the art MultiSource® afterloaders for HDR brachytherapy representing one of the largest single orders ever received by the company

World Moto Inc. Signs Multiple Letters of Intent for Distribution of Moto-Meter
World Moto, Inc. (OTCBB: FARE) (OTCQB: FARE) (BERLIN: WM7) (BERLIN: A1J8SY) ("World Moto" or the "Company") is pleased to announce that it has signed multiple letters of intent for the distribution of its flagship product, the Moto-Meter, in countries that present a potential market of well above $200 million on meter sales alone

Phase2 Announces the Release of Open Atrium 2: The Next Generation of Open Source Collaboration Software
Phase2, the digital content strategy and technology experts, announced today the launch of Open Atrium 2, a uniquely powerful and flexible open source collaboration software that revolutionizes the way in which organizations securely connect with their project teams

AEGEA Management Comments on Initial $6 Million EB-5 Funding Commitment From South Asia Group
AEGEA, Inc. (OTCBB: AEGA) ("AEGEA"), a planned mega-resort destination and international community in Florida, commented today on its recent agreement with ADN Consulting, Inc. ("ADN"). ADN is a South Asia group which has access to potential EB-5 investors, as well as other foreign investors, from various countries in the southern part of the Asian continent

GT Nexus Powers IFC Supplier Financing for Sri Lanka's Leading Apparel Manufacturers
Apparel leaders Brandix and MAS have launched trade funding programs to access capital through the GT Nexus platform. The International Finance Corporation (IFC), a member of the World Bank Group, will deliver trade supplier finance facilities as part of its Global Trade Supplier Finance program.

SEB: Gothenburg City first in Nordics to issue 'green' bonds
SEB facilitates the first Nordic 'green' bond issuance with a SEK 500 million bond for the City of Gothenburg. With the issuance, the City of Gothenburg is a pioneer in the Nordic region for using the green bond financial framework, developed by SEB together with The World Bank and other Swedish investors

David Goldman Joins REORIENT as Head of Americas
David Goldman has joined REORIENT Group (HKSE: 376) as Managing Director and Head of Americas, providing the Group's clients with strategic advice, and adding global coverage to complement the firm's resources and expertise in Asia. He will be based in Hong Kong.

Byblos Bank Deploys Gemalto Bio-Sourced EMV Payment Card in Lebanon, Leading the First Green Banking Initiative of Its Kind in the Middle East
Regulatory News:

India’s Kyros Soft Tech Ltd. Joins the OSPT Alliance
Maintaining its momentum throughout the global transportation ecosystem, the Open Standard for Public Transport (OSPT™) Alliance today announced that Kyros Soft Tech Ltd., a Hyderabad-based Indian company leader in smart card and embedded technology innovation, has joined as a Full Member

Financial Times and Citi Name Finalists for 2013 FT/Citi Ingenuity Awards
The Financial Times and Citi today announce the finalists for the second annual FT/Citi Ingenuity Awards: Urban Ideas in Action programme. The awards aim to recognise individuals, teams, organisations and community groups that have developed groundbreaking solutions to urban challenges that benefit cities, citizens and urban communities.

IWS 2013: Coca-Cola and Water Footprint Reduction
The Coca-Cola Company will discuss global and regional methods of water footprint reduction during the International Water Summit (IWS) taking place in Abu Dhabi from 15-17 January 2013

SSE Composite Closes Higher as China Maintains Steady Policies in 2013 -- City Index Asia
The primary Chinese benchmark, the Shanghai SSE Composite index, closed on a flat footing this morning (December 19th) after the World Bank raised its growth forecast for the world's second-largest economy.

Outotec to provide gas cleaning, sulfuric acid and effluent treatment technologies for Namibia Custom Smelters

World Moto, Inc.: New Corporate Strategy to Change the Way the World Goes Around
World Moto, Inc. (OTCBB: FARE) (OTCQB: FARE) (FRANKFURT WM7; WKN A1J8SY) ("World Moto" or the "Company") is pleased to announce the unveiling of the Company's strategy to roll out its revolutionary Moto-Meter and unique Yes service into untapped global markets

IWS 2013: Government Support is the Key to Water Investment and Business Growth, Say Water Experts
Water governance and investment will be key topics addressed at the inaugural International Water Summit (IWS), which will take place on 15-17 January 2013, as a part of Abu Dhabi Sustainability Week

Marginal Growth Likely for Hong Kong Exporters in 2013
Hong Kong exporters face a number of challenges in the coming year, including the possibility of a renewed downturn in the global economy, increased protectionism, and escalating geopolitical tensions, notably with respect to the territorial flare-up between the Chinese mainland and Japan

Carbon Sciences Announces Plan for "miniGTL" Plant
Carbon Sciences Inc. (OTCBB: CABN), provider of a complete solution for transforming abundant and affordable natural gas into clean burning gasoline and other transportation fuels, today announced its plan to act as the project developer of a "miniGTL" plant in the United States.

World Water Experts to Lead Search for Solutions at the International Water Summit 2013
With 40 per cent of the world predicted to live in water-scarce regions by 2025, the search for solutions will be a key priority for the inaugural International Water Summit in Abu Dhabi from 15-17 January 2013 where the world's foremost water experts will gather to share their insights with companies and government delegations

Tax Reforms Continue Worldwide Despite Economic Turmoil, Electronic Filing Increasing Especially
A new report from the World Bank, IFC, and PwC finds that governments continue to reform their tax systems despite global economic uncertainty, with 31 economies having taken steps from June last year through May 2012 to make it easier and cost less for small and medium businesses to pay taxes

First Metro Investment Releases November Philippines 'Market Call'
First Metro Investment Corp (FMIC) and University of Asia and the Pacific (UA&P) have published the November issue of "The Market Call, Capital Markets Research"

New Innovation in Entrepreneurial and Social Finance Program Launched by UC Berkeley College of Engineering
Crowdfunding -- the social web strategies that entrepreneurial individuals and companies use to attract large pools of small investors -- is driving innovation in areas ranging from high-tech to entertainment. Now, the mainstream venture capital industry is taking notice

Pacific Rim Mining Negotiates Set Fee Structure for Final Phase of ICSID Arbitration
Pacific Rim Mining Corp. (TSX: PMU)(OTCQX: PFRMF) ("Pacific Rim" or the "Company") has signed a service and fee agreement (the "Final Phase Fee Agreement") with its legal counsel Crowell & Moring, LLP that will provide the Company with cost certainty as it proceeds through the final phase of the ICSID Arbitration claim. As a result of the Company's recent successful CAD $4

Eisai Signs Global Agreement with Fundacao Oswaldo Cruz to Begin Development of New Medicines and Vaccines for Malaria and Neglected Tropical Diseases
Eisai Co., Ltd. announced today that it has signed a global agreement with Brazil's Fundacao Oswaldo Cruz ("Fiocruz") aimed at collaborations to develop new medicines and vaccines for malaria and neglected tropical diseases (NTDs)

UEnd: Ending Poverty: I believe we can, and I'm not alone
Today, on October 17, we celebrate the International Day for the Eradication of Poverty. It's a time to come together and put our collective global focus on one of the biggest issues of our time. In our world today there are approximately 1.3 Billion people living on under $1.25 a day. And to be clear, that isn't some random number. Living on under $1

‘New Era’ in UAE’s Trading and Maritime History Opens With Launch of $7.2billion Khalifa Port
United Arab Emirates President His Highness Sheikh Khalifa bin Zayed Al Nahyan formally inaugurated the USD 7.2billion Khalifa Port today.

Regus Opens in Cambodia, Expands Footprint to 99 Countries
Regus, the world’s largest provider of flexible workplaces offering a helping hand to local and international businesses in Cambodia, with the launch of its first business centre there

Communist Party Congress begins in China
Communist Party Congress concludes on November 14

USC Marshall School of Business Pacific Rim Forum Set for Oct. 18-20
On October 18-20, USC Marshall School of Business will host its Pacific Rim Business Forum in Bali, where 200 participants from 20 economies will meet to discuss some of Asia’s most interesting business opportunities.

The University of Sydney uses Mobile Phone Technology to Tackle Disease and Malnutrition
Researchers from the University of Sydney in Australia, working with Indian partners, are using mobile phone technology to tackle disease and malnutrition in remote parts of India. Data from the World Bank indicates that 63 out of every 1,000 Indian children die before reaching the age of five, with undernourishment taking a heavy toll

Towards Innovative Product Development for Affordable Baked Food Products
Uttar Pradesh, a major producer of wheat in India, and a leading producer of wheat-based baked products boasts of several manufacturing units. These units are run by small entrepreneurs who produce baked food products every day to cater to the growing demands of a population seeking convenience along with choice and taste

India, Russia reiterate commitment to successful completion of IMF
India and Russia on Tuesday welcomed moves to reform the World Bank and the International Monetary Fund (IMF), as agreed during the G-20 Summit in Seoul.

Bank of China Chairman: Bright Financial Future for Asia; Chairman Speaks to HKTDC before AFF 2011 in Hong Kong
The banking sector in China and Asia's other emerging economies will "grow faster and better" over the coming decade than it has in the past, according to Bank of China Ltd Chairman Xiao Gang

Eisai to Provide Medecine to Help WHO Combat Lymphatic Filariasis Epidemic
Eisai Co., Ltd. announced today that it has signed a statement of intent with the World Health Organization (WHO) to supply free of charge of a primary medicine for the treatment of lymphatic filariasis. The statement was signed by Mr. Haruo Naito, Eisai President and CEO, and Dr. Margaret Chan, Director-General of WHO

Ivanhoe Mines Announces Financial Results and Review of Operations for the Third Quarter of 2010
Ivanhoe Mines Ltd. (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN), today announced its results for the quarter ended September 30, 2010. All figures are in US dollars, unless otherwise stated.

BWise Hosts Industry Leaders at 2010 Customer Summit
BWise, the leading provider of Governance, Risk and Compliance (GRC) Management platforms, recently convened its annual Customer Summit in Atlanta, Georgia. The topic on decision-makers and managers' minds at the Summit and the overall theme of the event was the convergence of key business initiatives at enterprises and the use of an enterprise GRC platform such as BWise

Ram Power, Corp. Announces $160 Million Debt Financing for the Phase II Expansion of the San Jacinto-Tizate Geothermal Project in Nicaragua
Ram Power, Corp. (TSX: RPG) ("Ram Power") is pleased to announce the closing of a $160 million debt financing for the Phase II expansion of the San Jacinto-Tizate geothermal power project ("the Project"). The financing consists of $140 million in senior construction and term loans and $20 million in subordinated debt which is available for Project contingencies and for general corporate purposes

World-Renowned Human Rights and Education Advocate Queen Rania Al Abdullah Receives the 2010 James C. Morgan Global Humanitarian Award
Queen Rania Al Abdullah of the Hashemite Kingdom of Jordan today received the 2010 James C. Morgan Global Humanitarian Award given by The Tech Museum as part of its international program, The Tech Awards, presented by Applied Materials, in association with Santa Clara University.

Ivanhoe Mines Announces the Appointment of Texas Business Executive as Additional Independent Director
Robert Friedland, Executive Chairman and Chief Executive Officer of Ivanhoe Mines (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN), today announced the appointment to the Ivanhoe Mines Board of Directors of Robert B. Holland III, a Dallas, Texas, oil executive and former United States Executive Director of the World Bank.

Flint Telecom Launches Exciting Prepaid Debit Card Program in Partnership With Alterna Card Services Inc.
Flint Telecom Group, Inc. (OTCBB: FLTT), an International telecoms technology and services organization, through Power2Process, a wholly owned subsidiary, announces the launch of an exciting new valuable prepaid debit card program under a partnership program with Alterna Card Services, Inc.

Thomas A. Bernes Appointed Executive Director of CIGI
The Board of Directors of The Centre for International Governance Innovation (CIGI) today announced the appointment of Thomas A. Bernes to the position of Executive Director.

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