JNN 16 Apr 2015 Beijing : The China-led Asian Infrastructure Investment Bank (AIIB) has approved 57 countries as founding members after including an extra seven, according to China’s Finance Ministry. Continue reading
Tag Archives: World Bank
US Dollar Dominance days are over , The Default Currency of the World Could not save its Debt Default
JNN 15 Oct 2013 New York : A US debt default could hit on Thursday, and world leaders are second guessing the dominant role America plays in finance. Regardless of the final decision in Washington, confidence and credibility in the US has already eroded. Continue reading
African Economic Boom , when the Major Western Economies of the World are at Collapse
JNN 30 May 2013 Brussels : The following article is beign written by Shantayanan Devarajan who is chief economist of the World Bank’s Africa region. Wolfgang Fengler is the World Bank’s lead economist for Eritrea, Kenya, and Rwanda, which tells the Future of the World when the European and US Economies are on the fall at the same time African Economies are rising and shows a positive trend . And with these Positive trends we can surely can Plan for our future generations to come , and can at the same time know that why uncertainty is and instability is being infested by the World leading Economies , as they are afraid that if these Nation will become self sufficient then it will be impossible for them to Rule and Govern these areas. Continue reading
West pushing Bangladesh to Wahhabism
JNN 14 May 20123 Dhaka : Dreadful conditions for workers in factories producing goods for the West, and plans for the US Seventh Fleet’s relocation make fertile ground for anti-Americanism in Bangladesh, which may see the country falling into the hands of radical Islamists. Continue reading
Sinking European Economies threat to the World Economy
JNN 19 Dec 2011 Nairobi : The International Monetary Fund (IMF) chief Christine Lagarde has warned that the European debt crisis is a risk for “all economies of the world”. Continue reading 
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