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  • Asia
    Wolfensohn's departure - expert's view: Ngozi Okonjo-Iweala
    Jim Wolfensohn's departure from the World Bank Group engenders a great sense of loss on the part of those of us from the developing world, who have been beneficiaries of his strong passion for development.
    Ngozi Okonjo-Iweala, finance minister, Nigeria, January 19, 2005
  • Asia
    Wolfensohn's departure - expert's view: Richard Frank
    Jim Wolfensohn made the reduction of poverty in the world's poorest countries his overarching priority for the Bank. Was he successful?
    Richard Frank, chief executive, Darby Overseas Investments and a former managing director at the World Bank Group, January 19, 2005
  • Asia
    Wolfensohn's departure - expert's view: Sebastian Mallaby
    Brilliant and arrogant, charming and volcanically quick tempered, Jim Wolfensohn defies brief summary.
    Sebastian Mallaby, a Washington Post columnist and the author of The World's Banker: A Story of Failed States, Financial Crises and the Wealth and Poverty of Nations., January 19, 2005
  • Argentine officials hire bodyguards
    Argentina's road show in Italy this week has provoked massive protests. The atmosphere verged on the hostile and members of the Argentine delegation were forced to hire bodyguards.
    January 19, 2005
  • EBRD takes Abramovich to court
    The EBRD is planning to sue Russian oligarch Roman Abramovich and oil company Sibneft to recover $17.5 million
    Taimur Ahmad, January 19, 2005
  • S&P lowers Venezuela's Currency Ratings
    Long- and short-term foreign currency sovereign credit ratings have been lowered to 'SD' from 'B'
    www.standardandpoors.com, January 19, 2005
  • Highland Enters European Loan Mart With ING Acquisition
    Highland Capital Management has bought ING Bank's European loan management business ING Capital Management (ICM). The London-based firm, which has originated two CDOs under the Copernicus Euro CDO series, was set up in 2000 to take advantage of the potential for growth in the European loan market. The business now manages approximately €650 million.
    January 19, 2005
  • Asia
    New UN report proposes solutions to problems of world poverty
    The report recommends that rich countries double their investments in poor countries to reach the Millennium Development Goals (MDGs) of halving extreme poverty by 2015
    www.un.org, January 18, 2005
  • Asia
    IIF seeks investor support
    The Institute of International Finance hopes to win over investors in support of its Principles for Stable Capital Flows and Fair Debt restructuring, according to the Financial Times.
    January 18, 2005
  • Asia
    Japan and emerging market fund flows starting off strong
    All emerging market equity and bond fund groups tracked weekly by Emerging Portfolio Fund Research (EPFR) recorded net inflows for the second consecutive week
    www.empr.com, January 18, 2005
  • Emerging Markets
    African entreprises face important investment shortage
    "The key element to encourage investment in SMEs in Africa is to bring the SMEs projects financing risk down"
    www.afdb.org, January 18, 2005
  • Emerging Markets
    African Entreprises face important investment shortage
    "The key element to encourage investment in SMEs in Africa is to bring the SMEs projects financing risk down"
    www.afdb.org, January 18, 2005
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