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World Bank pledges more funds for poor in troubled states

2013-10-01 10:48:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: World Bank President Jim Yong Kim laid out a new strategy for the global development lender on Tuesday that includes a sharp increase in funds to help poor people in nations scarred by conflict and a pledge to partner with the private sector. He also warned that a partial government shutdown in a politically divided Washington could have far-reaching consequences for the poor given the troubling signal it sends about the world's largest economy. U.S. fiscal uncertainty "combined with other...

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