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CFI.co Meets the Vice President of Global Trust: Andreas Thanos
At a time when Greece was descending into the depths of a financial crisis without equal in the country’s history, one firm was doing just fine, abiding by a simple, yet highly effective, corporate philosophy that puts clients’ interest ahead
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UN Reports FDI Hit $1.4 Trillion in 2013, Upward Trend to Continue
Global foreign direct investment is up and expected to rise over the next three years, driven mainly by stronger economies in developed countries, according to a new United Nations report which highlights the key role that transnational corporations and foreign
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India in a Strong Position to Tap Global Growth
Unlike most developing countries, India’s recent growth has been well below potential, which provides space for economic activity to accelerate without building inflationary pressures. Global Economic Prospects 2014, presented in New Delhi today, says growth in India is projected at 5.5% in
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Measuring Wealth to Track Sustainability
The new edition of the World Bank’s Little Green Data Book, released on World Environment Day 2014, includes a new indicator called change in wealth per capita for more than 200 countries. The World Bank Group has adopted change in
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African Leaders, Business Community Push for Financing of Priority Regional Infrastructure Projects
Across Sub-Saharan Africa, poor infrastructure is a major bottleneck for sustainable development Signaling a new push and renewed commitment, the Dakar Financing Summit is focusing on regional infrastructure with a view to boosting investment and catalyzing greater cooperation By tackling
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Shift to Solar Power Raises Incomes for Salt-mining Families in India
Example of sustainable energy future moves delegates at UN Forum. Sustainable Energy for All leaders outline financing plan to achieve goals by 2030. “We are on our way to realize ambitious energy agenda,” says World Bank President Jim Yong Kim
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World Bank Group: A Promising New Resource for Development – The Potential of Sovereign Wealth Funds
Mobilizing finance for long-term, large-scale direct investment in development is a daunting global challenge. However, a growing and potentially vast source of capital seems poised to transform the process of financing development, reducing poverty and building shared prosperity in some
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China’s Growth Moderates with Continued Economic Transformation
China’s growth will moderate over the medium term as the economy continues to rebalance gradually. Growth is expected to slow to 7.6 percent in 2014, and 7.5 percent in 2015, from 7.7 percent in 2013, according to the World Bank’s China
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World Bank Continues Support to Improve Vietnam’s Competitiveness with US$250 Million Credit
The World Bank’s Board of Executive Directors today approved a US$250 million credit to the Government of Vietnam for the Second Economic Management and Competitiveness development policy operation (EMCC-2) to support the Government’s economic management reforms to enhance the country’s
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World Bank Supports SME Development with Focus on Financial Reporting in Europe and Central Asia
Ministers of Finance, business leaders, accounting professionals, and academics from Europe and Central Asia, together with representatives of the World Bank and key EU and international institutions in financial reporting and auditing, met today in Vienna for the 5th Ministerial Conference of
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