VoyForums
[ Show ]
Support VoyForums
[ Shrink ]
VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, [3], 4 ]

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: 06:57:10 03/14/09 Sat
Author: pastor lewis
Subject: World Bank head urges int'l help for poorer countries

World Bank head urges int'l help for poorer countries

Mar. 13, 2009
Associated Press , THE JERUSALEM POST
World Bank President Robert Zoellick on Friday urged international finance officials to make the plight of developing countries a priority as finance officials meet here to hammer out a plan to deal with the global downturn.

Much of the focus ahead of the gathering of the Group of 20 finance ministers and central bankers has been on divisions between Europe and the United States over whether to spend or regulate the way out of recession - obscuring the fact that poor countries have been disproportionately affected.

"Poor countries are blameless, but they're the ones that will be suffering more," Zoellick told reporters ahead of the gathering. "Millions will be falling into poverty and we estimate that with the gross slowdown 200,00-400,000 more babies will die each year."

Zoellick, a former top US State Department official who has forecast the world economy will shrink by 1-2 percent this year, said that 2009 "is shaping up to be a very dangerous year" and called for immediate action from developed nations within the G-20.

[ Next Thread | Previous Thread | Next Message | Previous Message ]
[ Contact Forum Admin ]

Forum timezone: GMT-8
VF Version: 3.00b, ConfDB:
Before posting please read our privacy policy.
VoyForums(tm) is a Free Service from Voyager Info-Systems.
Copyright © 1998-2019 Voyager Info-Systems. All Rights Reserved.