World BankNews and information about the World Bank.Russia suspends stock, bond trading as market dives - Forbes- September 17, 2008 Russian Federation - (Adds trading suspension, World Bank, traders) By Olga Popova and Toni Vorobyova MOSCOW, Sept 17 (Reuters) - Russian bourses halted stock and bond trading on Wednesday amid the worst falls since the country's 1998 financial ...http://www.forbes.com/reuters/feeds/reuters/2008/09/17/2008-09-17T120749Z_01_LH378155_RTRI... Israeli restrictions leave Palestinians dependent on aid, says World ... - Guardian Unlimited- September 17, 2008 The World Bank warned today that continued Israeli economic restrictions are severely limiting the potential of the Palestinian economy and leaving Palestinians more dependent on foreign aid than ever. In a report to be delivered to international ...http://www.guardian.co.uk/world/2008/sep/17/israel.palestininans Barclays gets Lehman's North American banking and capital markets ... - Los Angeles Times- September 17, 2008 NEW YORK (AP) _ Lehman Brothers, which a year ago had a market capitalization of more than $33 billion, is now unloading its once-prized businesses for what passes as pocket change on Wall Street. Barclays PLC, the third-largest British bank, took ...http://www.latimes.com/business/nationworld/wire/ats-ap-lehman-barclays-dealsep17,1,529492... HBOS in merger talks with Lloyds - BBC Business- September 17, 2008 The credit crunch has wreaked havoc on some of the world's financial institutions in recent days. Barclays Bank is to buy some Lehman Brothers assets after the fourth-largest US investment bank, filed for bankruptcy protection, dealing a blow to the ...http://news.bbc.co.uk/2/hi/business/7621151.stm US government in 47bn AIG rescue - Guardian Unlimited- September 17, 2008 The US government will provide a 47.2bn emergency loan to rescue the huge insurer AIG, the Federal Reserve has said. The bank said the US Treasury Department fully supported the decision, adding that a "disorderly failure" of AIG could undermine ...http://www.guardian.co.uk/uk/feedarticle/7804423 Asian growth to ease to 7.5 percent, ADB says - MSN MoneyCentral- September 16, 2008 HONG KONG (AP) - Growth across developing Asia will slow to 7.5 percent this year from 9 percent in 2007 in the face of rising inflation, turbulent financial markets and weakening world demand, the Asian Development Bank said Tuesday. Inflation is ...http://moneycentral.msn.com/inc/news/providerredir.asp?feed=AP&date=20080916&id=91... Bank of Japan injects money to help calm crisis - Forbes- September 16, 2008 The Bank of Japan injected 2.5 trillion yen ($24 billion) into markets Tuesday as Japan scrambled to calm fears about a financial crisis after U.S. investment bank Lehman Brothers filed for bankruptcy. Financial Services Minister Toshimitsu Motegi ...http://www.forbes.com/feeds/ap/2008/09/16/ap5428766.html Kotak Mahindra Bank - India Implements Fundtech's Global CASHplus(R ... - Forbes- September 16, 2008 Fundtech Ltd. (NASDAQ: FNDT), a market leader in global transaction banking solutions, announced that India's Kotak Bank has gone live with Global CASHplus' Collections and Payments modules. Kotak's corporate clients will now have access to advanced ...http://www.forbes.com/businesswire/feeds/businesswire/2008/09/16/businesswire2008091500668... China May Cut Rates Again, Boost Spending for Growth (Update2) - Bloomberg- September 16, 2008 Sept. 16 (Bloomberg) -- China may cut interest rates again, ease limits on bank lending and boost spending to spur economic growth after lowering borrowing costs for the first time in six years. Policy makers will consider further interest-rate ...http://www.bloomberg.com/apps/news?pid=20601087&sid=aBsZSXPJEtfA&refer=home |