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Portuguese is the only unofficial language to have its day (May 5) proclaimed as "World Day". [5] See also: Official languages of the United Nations. Universal Postal Union (UPU) French (official) and English (working). Other languages translated: Arabic, Chinese, German, Portuguese, Russian and Spanish World Bank (WB)
The World Bank Treasury is the division of the IBRD that manages the Bank's debt portfolio of over $100 billion and financial derivatives transactions of $20 billion. [21] The Bank offers flexible loans with maturities as long as 30 years and custom-tailored repayment scheduling. The IBRD also offers loans in local currencies.
According to reports citing a recording of a 2018 staff meeting shared by a whistleblower, World Bank staff were informed Robert Malpass, a recent economics graduate of Cornell University and the son of David Malpass, then US Under Secretary of the Treasury for International Affairs and later President of the World Bank Group, would be hired as ...
The association shares the World Bank's mission of reducing poverty and aims to provide affordable development financing to countries whose credit risk is so prohibitive that they cannot afford to borrow commercially or from the Bank's other programs. [6]
Between 2004 and 2013, the World Bank committed to lend or give at least $338 billion, according to bank data. Its private-lending affiliate, the International Finance Corporation, committed to invest at least $116 billion during the same period in corporations and other banks in pursuit of the overall goal of alleviating poverty.
Mordovia (state language; with Moksha and Russian) [80] Even: Sakha (local official language; in localities with Even population) [78] Evenki: Sakha (local official language; in localities with Evenki population) [78] Faroese: Faroe Islands (with Danish) Finnish: Karelia (authorized language; with Karelian and Veps) [81] French: parts of Canada
Albanian authorities used a World Bank-backed project to clear the way for a planned seaside resort, partly or completely tearing down 15 homes in the impoverished village of Jale. Andon Koka's home was flattened, and half of his brother's home (in background) was demolished. Besar Likmeta / BalkanInsight.com
In the spring of 2011, the World Bank urged Kenya’s finance ministry to end the evictions until the bank could help the government work out a plan for addressing the Sengwer’s concerns. According to bank officials, Kenyan authorities agreed to stop the evictions until they found new land where the Sengwer could relocate.