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World Bank estimates cost of rebuilding Gaza at $485M

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JERUSALEM — Rebuilding Gaza after the latest devastating war between Israel and the territory's militant Hamas rulers will cost up to $485 million, the...

World Bank raises China growth outlook to 8.5%

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BEIJING — The World Bank raised its forecast of China’s economic growth this year to 8.5% from 8.1% and said Tuesday a full recovery...

Lebanon raises price of bread amid crippling economic crisis

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BEIRUT — Lebanon’s economy ministry on Tuesday raised the price of subsidized bread for the fifth time in a year amid the tiny country’s...

World Bank: Lebanon’s crisis among world’s worst since 1850s

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BEIRUT — Lebanon’s severe economic and financial crisis is likely to rank as one of the worst the world has seen in more than...

World Bank allocates $2 billion to fund projects in Sudan

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CAIRO — The World Bank said Monday it has allocated $2 billion to cash-stripped Sudan as the transitional government has struggled to address the...

Leaders hold talks in Paris to revive African economies

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PARIS — More than 20 heads of state and government from Africa held talks in Paris with the heads of international organizations Tuesday on...

Leaders hold talks in Paris to revive African economies

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<p>PARIS &mdash; More than 20 heads of state and government from Africa held talks in Paris with the heads of international organizations Tuesday on...

Cash-strapped Sudan clears overdue payments to World Bank

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CAIRO — The Sudanese government said Friday it cleared all of its overdue payments to the World Bank, a move that gives the highly-indebted...

Cash-strapped Sudan clears overdue payments to World Bank

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<p>CAIRO &mdash; The Sudanese government said Friday it cleared all of its overdue payments to the World Bank, a move that gives the highly-indebted...

Lebanese parliament approves World Bank loan to help poor

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BEIRUT — Lebanon’s parliament on Friday approved a $246 million loan from the World Bank that would provide cash assistance for more than 160,000...