Wednesday, July 9th, 2008
The World Bank (WB) has approved 50 million U.S. dollars in credit to support the Malawi Social Action Fund (MASAF).
The second phase of Malawi Third Social Action Fund (MASAF 3 APL II), which is expected to run from the end of 2008 ...
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Monday, July 7th, 2008
The Cook Islands government has asked international donors and development banks to better coordinate development projects, the Pacnews reported on Monday.
Major development partners in Cook Islands are the Asian Development Bank (A ...
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Friday, June 27th, 2008
South Korean banks' lending rates rose for the second consecutive month in May as market interest rates advanced, the South Korea central bank said Thursday.
The average lending rates for households and companies reached 6.96 percen ...
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Thursday, June 26th, 2008
The African Development Bank (ADB)plans to allocate 4.8 billion U.S. dollars from 2008 to 2010 for boosting agricultural development in Africa, ADB President Donald Kaberuka said here Wednesday.
Kaberuka made the pledge at the ninth ...
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Thursday, June 26th, 2008
The number of people around the world with at least 1 million U.S. dollars in assets passed 10 million for the first time last year, according to a new report. And their bank accounts are growing even faster.
The combined wealth of ...
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Thursday, June 26th, 2008
The dollar fell against most major currencies on Wednesday after the U.S. Federal Reserve decided to leave the key interest rate unchanged.
The central bank announced that it was keeping the federal funds rate at 2 percent, ending a ...
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Thursday, June 26th, 2008
India's growth rate will moderate to 7.6 percent during the current fiscal from 9 percent a year ago due to deflationary measures of the central bank, global rating agency Moody's said Wednesday.
"Tighter monetary policy settings wi ...
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Wednesday, June 25th, 2008
Sources from Islamic Jihad movement on Wednesday said a rocket attack on southern Israel was exceptional case in response to an Israeli action in West Bank.
The attack, which took place on Tuesday, violated a ceasefire deal between ...
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