World Bank

Why Latin America Remains Poor Amidst Economic Growth

Minimum wage earners were given a raise in 2016 across many territories, but this still remains insufficient.

Nigeria Seeks $2.5 Billion Loan From World Bank

Nigeria has recently expressed its need to get a loan from the World Bank and the African Development Bank.

4 Reasons Why Latin America Is Facing Another Difficult Year This 2016

Last year was a difficult year globally, but 2016 will not be much better for Latin America. Due to enormous political tension, power struggles, soaring inflation and falling currencies and commodities, the region became the worst-performing emerging market in 2015. Unfortunately, the World Bank has projected earlier this month that the region wouldn’t grow at all this year.

Puerto Rico News: Murder Rate Down; 2014 May Bring US Commonwealth Its Lowest Number of Homocides in 15 Years

In 2014 thus far, the number of murders in Puerto Rico has been reduced by 26 percent compared with numbers from within the same months last year, reports from the island's Superintendent revealed Thursday.

Ebola 2014 News: Is Global Inequality Exacerbating Outbreak in West Africa? World Bank Chief Laments Countries' Lack of Basic Care

According to World Bank President Jim Yong Kim, the effect the Ebola outbreak has had in poor West African countries is a reflection of the dangers of global inequality.

World Bank Announces $200 Million in Aid to Curb Ebola Outbreak

World Bank president, and former WHO member, said the world has to help the African nations financially as the outbreak of Ebola takes a toll.

Uruguay President Talks to Obama About Americans Smoking, Learning Other Languages

Uruguay President Jose Mujica pade a visit to the White House on Monday and sat down with President Barack Obama to discuss the cultural and economic ties between the U.S. and South America.

30 Percent of World's Murders Occur in Latin America and Caribbean

Latin America and the Caribbean, it seems, are two of the most blood-soaked regions on the planet. Statistics indicate that 30 percent of the world's homicides occur in the Latin American and Caribbean region.
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