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China’s High-Speed Rail: the Rapid Growth of a New Travel Option
BEIJING – China has the world’s largest and still expanding high-speed rail (HSR) network, but whether ridership would materialize has been the subject of much debate. A new World Bank paper finds initial traffic volumes are promising, with traffic growing from
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UN-Backed Project to Help Colombian Farmers Move Away from Illicit Crops Towards Fair Trade Chocolate
A sweet new partnership between the United Nations, the Colombian and Austrian Governments and a renowned chocolate manufacturer is slated to bring free-trade practices and a critical source of income to Colombian farmers who have long relied on revenues from
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World Bank: Framing the Future of Accountancy
The main objective of Accountancy Development for Results (ADR) is to raise awareness among leaders of the accountancy profession of their significant role in advancing the World Bank’s twin goals of eradicating extreme poverty and promoting shared prosperity. Accountants and
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World Bank Commits over $1 Billion to Bangladesh
WASHINGTON – The World Bank today approved approximately $1.1 billion for three projects in Bangladesh that would benefit almost 36 million people by improving the quality of primary education, building coastal communities’ resilience to natural disaster, and increasing the nutrition and
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Wole Soyinka: A Literary Thorn in the Side of Power
As religious fanaticism increases, “the scroll of faith becomes indistinguishable from the roll call of death.” Nigerian poet and playwright Wole Soyinka (80) spoke out firmly against faith-inspired violence in a video address delivered at the World Humanist Congress –
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World Bank Supports Efforts to Achieve Growth with Equity and to Develop Cities in Colombia
The World Bank Board of Executive Directors approved a two-loan package today totaling US$1.4 billion to strengthen economic growth with equity in Colombia, on the one hand, and increase productivity and sustainability in Colombian cities, on the other. These Development
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World Bank: International Food Prices Hit Four-Year Low
New World Bank Group tool focuses on preparedness for potential future crises. International prices of food decreased by 6 percent between April and August 2014, reaching a four-year low, according to the latest edition of Food Price Watch. This sharp decrease
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UN Reports Potential for Gradual Return to Global Growth, Foresees Risks, Uncertainties
Global economic growth is forecast to continue increasing over the next two years, the United Nations reported today, despite legacies from the financial crisis continuing to weigh on growth, and the emergence of new challenges, including geopolitical conflicts such as
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Stephen Hawking: In the Footsteps of Sir Isaac Newton
To grasp the size, shape and nature of the universe requires a vast mind such as only very few possess. However, in order to truly understand space, and how it came about, a mind the size of Stephen Hawking’s is
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Trade Balance of Developing and Developed Countries Continues to Converge, UNCTAD Statistics Show
UNCTAD Handbook of Statistics 2014 shows that developing and transition economies run large trade surpluses for merchandise and services trade. Geneva, 9 December 2014 – Developing economies ran a combined merchandise and services trade surplus for 2013 of $177.6 billion,
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